Bloomberg Leading Chinese vaccine developer CanSino Biologics Inc has inked a deal to test and sell a separate Canadian vaccine candidate as the race for immunisation intensifies globally. In addition to developing its own vaccine together with the Chinese military, CanSino will partner with Vancouver-based Precision NanoSystems Inc to co-develop another potential vaccine, according to a joint press release. The ...

Bloomberg Whitbread Plc, the UK’s largest hospitality company, plans to tap investors for 1 billion pounds ($1.2 billion) via a share sale to help see it through the coronavirus pandemic that’s shut restaurants and hotels. The owner of the Premier Inn chain will launch the rights offer on Thursday as it takes “decisive action” to reduce cash outflows and enhance ...

Bloomberg The euro-area economy started to claw its way out of its deepest downturn ever as the relaxing of coronavirus lockdowns allows thousands of businesses to reopen. The big question is how long it stumbles along at the bottom before a meaningful recovery starts to take shape. While a report from IHS Markit on Thursday offered some hope, it also ...