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Covid

Moderna short-sellers lose $119m in 24 hours amid new Covid vaccine success

The losses stunned short-sellers as Moderna has been the most profitable bet for them this year

On 17 August, Moderna shares jumped by more than 7%

1 min read

New ‘deltacron’ variant detected in Europe, vaccinated will need fourth dose

4 min read

Covid

António Horta-Osório fined for quarantine breach

Former Credit Suisse boss receives a lower fine because he used his private jet

2 min read

BlackRock freezes London back to work plans as Omicron cases soar

BlackRock announced its Future of Work program in November, requiring staff to come into the office at least three days a week

2 min read

Abrdn boss on why flexible working is here to stay: ‘We’ve proved remote work on a large scale can be effective’

Stephen Bird, CEO of the £535bn asset manager, says Covid has upended how we work

3 min read

CovidPeopleAbrdnAsset Management

EU launches vaccine passport as UK prepares to update travel green list

The UK could add 20 more countries to the travel green list

2 min read

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Fidelity International, JPMorgan scramble to vaccinate India staff as nation reels from Covid

IHS Markit, Goldman Sachs and Barclays have also said they’re watching their operations in India, a hub for technology, back office and call centre operations that employ thousands

3 min read

CovidAsset Management

Office headcount seen falling to 80% of pre-Covid levels as flex work becomes norm

Eric Adler, chief executive of PGIM Real Estate, says there will be less need for desks as people return to the office

3 min read

European fund manager pay gains beat UK peers amid Brexit ‘uncertainty’

Europe saw 'less impact of Covid restrictions, Brexit and the continuing shift from discretionary to tracking' investment mandates in 2020

3 min read

We failed to foresee the pandemic — other risks are staring us in the face

Climate change is an existential threat, and gun crime and domestic terrorism could erode democracy in the US

4 min read

No ‘immediate plans’ for Covid-19 vaccine passports, says housing minister

The government is carrying out a review into 'Covid-status' certificates

UK to review Covid certificates in a move towards reopening venues

The government had initially said they would not be implementing a Covid-19 vaccine or test passport

El-Erian: No one is safe until everyone is safe

Minimising the risk of yet more destabilising Covid variants is crucial if countries are to turn the corner on a shock that has wrecked lives and livelihoods

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On the Move

On the Move

Annual Covid jab similar to the flu vaccine not ‘unreasonable’, says health minister

The government remains under pressure to control the outbreak of the South African variant

1 min read

CovidCoronavirusVaccine

TP ICAP’s ‘disappointing’ Europe trading delay highlights City Brexit snags

Canaccord Genuity told clients that TP ICAP’s statement was ‘disappointing’ and that it will ‘take investors by surprise’

2 min read

Active funds ride ESG boom to reach record £1.7bn December haul

The monthly inflows were the largest since July 2015, helped by a boom in ESG

2 min read

FN Law

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