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Bloomberg Boris Johnson clashed with his own government’s scientific advisers who wanted tougher action against the resurgent coronavirus outbreak in the UK in September. The British prime minister said he hoped to avoid another full national lockdown and that his plan would work if people followed the advice. Options in a SAGE document circulated on September 21 included a short ...

Bloomberg A new 10-minute Covid-19 test that doesn’t need added equipment to process has been cleared by the US Food and Drug Administration, manufacturer Access Bio, Inc said on Tuesday. The assay, known as CareStart, is among a group of new antigen tests that detect the novel coronavirus by looking for proteins on its surface. Because antigen screening can provide ...

Bloomberg Investor confidence in the outlook for Germany’s economy plunged, in a sign of concern that resurgent infections could hurt the recovery. A gauge by the ZEW dropped to 56.1 in October — the lowest in five months — from 77.4 in September, below even the most pessimistic estimate in a Bloomberg survey. The measure for the euro area also ...

Bloomberg Ireland’s government is set to boost spending to counter the dual threats of Brexit and the pandemic, as new restrictions threaten to derail a nascent economic recovery. Finance Minister Paschal Donohoe will lay out the 2021 budget in Dublin, a week after the coalition government moved the nation to a Level 3 lockdown, meaning most restaurants and hotels are ...

Bloomberg UK Chancellor Rishi Sunak’s Treasury is locked in a battle with Alok Sharma’s Business Department over how to ensure polluters pay for their emissions after Brexit. The Treasury is pushing to replace the European Union’s cap-and-trade system with an economy-wide carbon tax, which would come into effect after Britain exits the bloc in January. The Department for Business, Energy ...

Bloomberg AP Moller-Maersk A/S raised its full-year guidance amid a surprise recovery in demand and sweeping efforts to cut costs. The container shipping company, which is eliminating hundreds of jobs, said earnings before interest, taxes, depreciation and amortization will be in the range of $7.5 billion to $8 billion, before restructuring and integration costs. That compares with an earlier forecast ...

Bloomberg BC Partners has raised around half the target amount for its next flagship private equity fund, for which it is seeking a record 8.5 billion euros ($10 billion), people with knowledge of the matter said. The London-based buyout firm has already gathered more than 4 billion euros for its 11th fund, hitting an initial fundraising milestone, according to the ...

Bloomberg European stocks edged lower with US equity futures as investors weighed a potential setback on progress toward a coronavirus vaccine ahead of a busy period for corporate earnings. The dollar and Treasuries advanced. S&P 500 contracts fall as much as 0.6% after a report that Johnson & Johnson’s Covid-19 vaccine study has been paused due to an unexplained illness ...

Bloomberg India’s stock benchmark eked out gains to rise for a ninth straight day, as investors shrugged off concerns about a halt in Johnson & Johnson’s Covid-19 vaccine study and rising domestic inflation. The S&P BSE Sensex closed up 0.1%, after swinging between gains of 0.5% and losses of 0.3% following Johnson & Johnson’s announcement that its study had been ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received a phone call from Israeli Prime Minister Benjamin Netanyahu, to discuss the progression of bilateral relations in view of the peace accord the two countries recently signed. The officials also reviewed the steps ...