Page 27 - Big Caps News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Tesla boss Elon Musk's UK trips fuel speculation over potential factories The government has also been calling for regional authorities to submit potential locations for a factory for an unnamed company Could SpaceX start using Luton airport? Speculation that Tesla Inc (NASDAQ:TSLA) is planning to open a factory in the UK has increased after reports that Elon Musk flew his private jet to the country in the past week. Musk, who is chief executive of the electric car manufacturer as well as rocket company SpaceX, was reported by the Times to have arrived in to Luton on Friday and l...

BT looks cheap on earnings metrics, but expensive on cash flow BT Group PLC (LON:BT.A) is looking toppy according to Berenberg, which has downgraded its rating to 'hold'. Shares in the telecoms giant have risen by 75% since the German broker upgraded to 'buy' in August last year. Many of the catalysts that the broker predicted have happened, it said, and going forward the broker sees reasons to be more cautious. Notably, guidance for the next two years is challenging and particularly BT's target of “at least £7.9bn EBITDA” in 2022/23. Virgin Media and O2 UK getting approval also ratchet...

Government has said that it is confident the vaccines are effective against the Indian variant. AstraZeneca PLC’s (LON;AZN) Covid-19 vaccine gives between 85-90% effectiveness after two shots, Public Health England said today after analysing data from those inoculated so far. That puts the Astra/Oxford University candidate almost on par with the Pfizer/BioNTech vaccine, which showed 90% effectiveness compared to unvaccinated people. "This new data highlights the incredible impact that both doses of the vaccine can have, with a second dose of the Oxford/AstraZeneca vaccine providing up to 90...

The case has been joined by thousands of tobacco tenant farmers in Malawi, who allege that both of the companies are liable for negligence and have been unjustly enriched by systemic exploitation. According to Leigh Day, the London law firm representing the Malawian farmers, Imperial and BAT are facilitating “unlawful and dangerous conditions” in which the farmers and their families have been “trafficked from their villages, have to build their own homes, live on a daily small portion of maize, work 6am to midnight seven days a week, and have to borrow money to be able to feed their fa...

Good performance in North America and Latin America has offset weaker numbers in the rest of the world