International News

Bloomberg Monitoring the safety of Covid-19 vaccines, especially those relying on novel technologies such as messenger RNA, will be one of the biggest challenges once shots are rolled out widely, according to Europe’s new drug agency chief. Positive results won’t “remove the need to monitor very carefully these new vaccines, particularly the first couple that seem to be coming through,” ...

Bloomberg Investors managing more than $9 trillion of assets have called on some of Europe’s biggest companies to include an assessment about the impact of climate change in their financial statements. DWS, Insight Investment and JPMorgan Asset Management are among 38 members of the Institutional Investors Group on Climate Change that wrote to 36 companies requesting they “properly reflect the ...

Bloomberg Apple Inc’s ad tracking is the target of two complaints to Spanish and German authorities by a privacy advocate whose earlier legal battles are forcing Facebook Inc to change the way it transfers data. Noyb, a group founded by privacy activist Max Schrems, is accusing Apple of unlawfully installing so-called identification for advertisers on its devices. The service helps ...

Bloomberg Leveraged loans funding acquisitions of Ancestry.com Inc and Dunkin’ Brands Group Inc are marketing, as private equity firms dash to lock in cheap financing before the holiday season kicks off. There are at least 13 loans for over $9.1 billion due over the next five sessions, with about 80% funding either buyouts or dividend payouts. That includes Inspire Brands ...

Bloomberg A coronavirus vaccine from a unit of Johnson & Johnson was expected to move to the third phase of clinical trials in the UK on Monday that will test safety and effectiveness of the shot. The testing round by Janssen Pharmaceutical Companies will include 6,000 volunteers and take place across 17 sites, according to a statement. The vaccine is ...

Bloomberg Italy may need to spend as much as 10 billion euros ($11.8 billion) a month to aid businesses and workers hit by coronavirus restrictions. Authorities are working on plans that would help the country navigate through a surge in infections that’s derailed the rebound from one of Europe’s worst recessions. Lockdown measures similar to the ones imposed earlier this ...

Bloomberg The UK plans sweeping powers to intervene in foreign takeovers of British assets if deemed a threat to national security. A draft law would expand the range of transactions open to government intervention, the Department for Business, Energy and Industrial Strategy said. There will be scope for fines and retroactive interventions in deals that complete after the bill’s publication ...

Bloomberg Thyssenkrupp AG is in talks with the German government over an aid package for its struggling steel unit worth at least 5 billion euros ($5.9 billion), well exceeding the group’s current market value in a key push to secure its survival. Chancellor Angela Merkel’s government has signalled a willingness to provide financial support to shore up the unit and ...

Bloomberg UK unemployment rises the most since the financial crisis over the summer, raising questions about how many job cuts could have been avoided had Chancellor of the Exchequer Rishi Sunak announced an extension to his furlough program sooner. The number of people looking for work surged by 243,000 in the three months through September, taking the jobless rate to ...

Bloomberg Inflation sped up more than forecast in Mexico and Brazil as unrelenting food price increases defy central bank plans to support virus-ravaged economies with low interest rates. Mexico’s consumer prices rise further above the official target range in October as fruit and vegetable costs soared, according to data, while food costs drove Brazil’s fastest inflation rate for that month ...