Moderna dominates Wall St trading ahead of S&P 500 debut
Moderna’s (MRNA.O) stock dropped 2% in a volatile session on Tuesday, with the COVID-19 vaccine maker the most heavily traded company on Wall Street ahead of its debut in the S&P 500 on Wednesday.
World Bank trims East Asia, Pacific GDP forecast amid COVID-19 concerns
Growth in East Asia and the Pacific this year will likely be slower than previously thought, the World Bank said on Thursday, as many countries in the region grapple with spikes in COVID-19 cases, new variantsand vaccine supply constraints.
BlackRock profit beats as assets grow to a record $9.5 trillion
BlackRock Inc (BLK.N), the world’s largest asset manager, reported a better-than-expected quarterly profit on Wednesday as investors poured more money into the company’s funds, driving robust fee growth and boosting its assets under management to a record high.
Fast-track lanes for travelers who have been completely vaccinated will be trialed
Two of the world’s leading airlines will test fast-track lanes for fully-vaccinated customers at Heathrow Airport. Underneath the project, travelers on four routes would be able to submit their immunization information prior to boarding. British Airways and Virgin Atlantic are conducting the trial as the aviation industry pushes for visa-free travel to the UK from […]
EXCLUSIVE Turkey’s banks set for capital healing after pandemic battle -sources
Turkey is considering a fresh capital injection for state banks but they also need a plan to deal with lingering bad debt after the lenders depleted their resources helping Ankara’s battle against COVID-19, senior bankers and government officials say.
Fast and furious first half of 2021 keeps financial markets at full throttle
After the unprecedented pandemic-driven swings in global financial markets last year 2021 was never going to be dull, and so it has proved.
S&P Global cuts India’s growth forecasts, trims EM overall
S&P Global cut its growth forecasts for some of Asia’s top economies including India, the Philippines and Malaysia on Monday, offsetting upgrades to China and South Africa and much of Latin America.
EU airlines, airports warn digital COVID-19 certificate roll-out risks chaos
Groups representing Europe’s largest airlines and airports have warned of chaos and hours-long queues unless countries better coordinate the roll-out of the EU’s digital COVID-19 certificate and ensure passengers are processed before arriving at airports.
What you need to know about the coronavirus right now
Here’s what you need to know about the coronavirus right now.
Rising inflation puts Bank of England on the spot
The Bank of England will say on Thursday whether it is worried about a recent jump in inflation, which broke above the central bank’s 2% target and looks set to climb higher as Britain reawakens its economy from its coronavirus slumber.
