Markets up as US clears path for Moderna vaccine approval

European markets have opened positively this morning with Germany’s Dax leading the way up 1.6% as optimism creeps in surrounding vaccination and the prospect of US fiscal stimulus ahead of Central Bank meetings on both sides of the pond. Travel and leisure has also seen a bounce as well as better than expected numbers fromContinue reading “Markets up as US clears path for Moderna vaccine approval”

Brexit deal hangs in the balance, AstraZeneca announces $39bn deal

Yesterday evening, prospects of a Brexit trade deal increased as talks were extended beyond a Sunday deadline, with both sides agreeing to “go the extra mile” to overcome substantial differences in position. The main sticking point is the need to satisfy European Union demands for fair business competition, according to the FT. Last week, theContinue reading “Brexit deal hangs in the balance, AstraZeneca announces $39bn deal”

Tesla surges 7% to pass $600bn market cap marker

On Monday Tesla’s share price jumped by 7.1%, making it the sixth company in history to pass $600bn in market cap. That places the electric car maker in elite company, alongside Amazon, Facebook, Apple, Alphabet (Google) and Microsoft. Bullish views from analysts, along with continued appetite for technology shares, have driven Tesla’s share price upContinue reading “Tesla surges 7% to pass $600bn market cap marker”

Facebook’s Libra to launch as soon as January

Libra, the cryptoasset devised by Facebook, is reportedly planning to launch as early as January, as per the Financial Times, although it will be a scaled down version of what was originally planned. The FT quotes unnamed sources as saying the launch will now be focused on one single cryptoasset, rather than the launch of several coins.Continue reading “Facebook’s Libra to launch as soon as January”

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