GSK poaches vaccine executive from Pfizer November 30, 2021 GlaxoSmithKline has poached a Pfizer vaccine executive after failing to bring its own Covid jab to market during the pandemic.
Davos has always been riding on a high but it’s in the grip of a downhill spiral February 13, 2023 For decades, political and business leaders have gathered at Davos, but the World Economic Forum has started to lose its shine, writes Eliot Wilson
Air Canada latest carrier to make vaccination mandatory for employees August 26, 2021 Air Canada has this morning announced that all employees and new hires will have to be vaccinated against Covid-19, the latest carrier to announce such a step. From 30 October employees will have to report their vaccination status, while being fully inoculated will become a condition of employment on the same date. Failure to get [...]
Sanofi and GSK begin phrase three vaccine trial following up to 100 per cent efficacy win May 27, 2021 Sanofi and GSK begin phrase three vaccine trial following up to 100 per cent efficacy win
Oil prices reach two-week highs amid supply pressures and air travel demand November 10, 2021 Oil prices continued their rebound on Wednesday morning, as both major benchmarks reached two-weeks highs. Prices have risen again after US crude stocks unexpectedly dropped last week, alongside rising air travel demand and easing Covid-19 restrictions. API data reportedly revealed U.S. crude stocks declined by 2.5 million barrels for the week to November 5. This [...]
UK economy records highest expansion since WW2 February 11, 2022 The UK economy has registered the highest expansion since 1946, growing 7.5 per cent in 2021 despite an Omicron-induced slump registered in December. According to ONS figures, the economy was recovering strongly following a 9.4 per cent collapse in 2020 but was hit with a 0.2 per cent bump in December. Retail and hospitality were [...]
Morrisons revenue tops £9bn, painting picture of health for bidders September 9, 2021 Morrisons has topped a revenue of £9bn in the past six months, as the bidding battle over the supermarket giant escalates. The retailer enjoyed a revenue lift of 3.7 per cent, including its fuel earnings, in its interim results for the six months to 1 August, painting a picture of health for potential buyers. The [...]
Pandemic-induced private jet boom offsets Air Partner’s travel challenges December 17, 2021 Air Partner expects its profit before tax to be “materially” ahead of market expectations this year, despite ongoing pandemic restrictions battering the travel industry. Shares lifted 4.2 per cent to 85.5p per share by close of play The aviation services group has been buoyed by the “exceptional” demand in freight, in the year to 31 [...]
Travel stocks continue ascent as London markets post mixed open February 10, 2022 Travel stocks continued their ascent today in a positive day for London markets. The capital’s premier FTSE 100 index closed 0.38 per cent higher at 7,672.40 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, added 0.11 per cent to finish at 22,207.75 points. Airline stocks [...]
Staycation bidding war: Blackstone-owned Bourne Leisure to sell off Butlin’s November 28, 2021 British domestic holiday giant Butlin’s is reportedly set to be sold off next year, which could rally a bidding war amid the country’s staycation boom. Blackstone-owned Bourne Leisure, Butlin’s parent company, has already chosen bankers to undertake the auction sometime in 2022, Sky News’ Mark Kleinman reported. The value of the holiday chain is not [...]