Page 15 - Big Caps News Today

Regulator Ofwat invited English water companies to submit environmentally-friendly proposals in July 2020

The pair are targeting approval by the end of the year GlaxoSmithKline PLC (LON:GSK) announced that the COVID-19 vaccine developed with French giant Sanofi SA demonstrated strong immune responses in mid-stage trials. The jab showed 95% to 100% seroconversion following a second injection in all age groups, with acceptable tolerability and with no safety concerns. It prompted strong neutralising antibody levels that were comparable to those generated by natural infection, with higher levels obser...

Pharma companies to produce 11.4bn COVID-19 vaccine doses by year-end, says Goldman Sachs Pfizer, AstraZeneca and Moderna will pump out a big chunk of the total Pharma companies worldwide are estimated to produce 11.4bn COVID-19 vaccine doses by year-end, according to Goldman Sachs. The forecast means that three-quarters of the population will get two doses as required, although analysts reckon the global year-end vaccination rate is likely to be lower than that. This will be due to the time la...

GSK and Sanofi look to catch up in vaccine race with booster doses Approval may come a year later after their competitors, but the pair reckon there is a need for their candidate GlaxoSmithKline PLC (LON:GSK) and Sanofi are planning to join the vaccine race well after their competitors as they pin their hopes on the need for boosters. The pair have received lukewarm market reaction despite posting positive mid-stage trial results for their COVID-19 vaccine. The FTSE 100 pharma company was flat ...

AT&T to merge with Discovery as content consolidation continues for broadcasters In the sector content IP owners are increasingly combining assets to drive direct-to-consumer streaming platforms such as HBO Max, Disney+ and Peacock. image credit: sdx15 / shutterstock AT&T Inc (NYSE:T) has agreed terms of a combination with Discovery Inc (NASDAQ:DISCA) setting up yet more consolidation in the media sector as content IP owners seek shelter against ‘cord-cutting’. "This agreement u...

What stocks to buy as the UK reopens and recovers: One brokers suggestions Excess savings in consumer bank accounts mid-April totalled around £170bn Britain is heading for a massive rebound in economic activity according to City brokers that seemingly only a surge in cases of the Indian variant of coronavirus can halt. Berenberg’s chief economist Kallum Pickering forecasts 6.8% UK GDP growth this year and 5.5% next year, which would be the highest sustained GDP growth since the early 1980s. ...

Bitcoin price crash likely wiped millions off Tesla’s balance sheet Fund manager Nickel Asset Management said Elon Musks decision to stop the electric car maker from accepting Bitcoin payments due to environmental concerns likely cost the firm US$370mln This week’s Bitcoin price crash, widely attributed to Tesla Inc (NASDAQ:TSLA) boss Elon Musk’s decision to stop the electric car maker from accepting the cryptocurrency as a form of payment amid concerns over its environmental impact, has ...

Quarterly earnings beat expectations but streaming subscribers fell short of forecasts.

Amazon unveils plans to hire 10,000 UK workers as part of expansion strategy The new roles will increase the ecommerce giants UK workforce to 55,000 by the end fo the year Amazon Inc (NASDAQ:AMZN) said it is planning to hire an additional 10,000 workers in the UK as well as open four new fulfilment centres as part of its expansion plans. On Friday, the ecommerce giant said the new jobs will expand its UK workforce to 55,000 by the end of 2021, adding that it is also planning to invest £10mln ...

The new capex is being spent on what should be an attractive project