Hints and tips:
...Delays at sea often see carmakers turn to expensive air freighting of parts as an emergency measure....
...The drug received emergency approval for treating those who had fallen seriously ill from Covid-19....
...They illustrate their argument by comparing the paths to success of the richest people in Mexico and the USA (p. 39)....
...Wall Street’s S&P 500 benchmark opened 0.4 per cent higher and the tech-heavy Nasdaq Composite rose 0.5 per cent....
...Analysts expect the US regulator to move quickly, perhaps even approving the vaccine on an emergency basis in December....
...P&G, the world’s largest consumer goods company, bought the vitamins and supplements business of pharmaceutical group Merck for $4.2bn in 2018....
...But even if a vaccine proves successful and is approved on an emergency basis in the next few weeks, it is unlikely to be widely available until next year....
...The S&P 500 pharmaceuticals, biotech and life sciences index has outperformed the broader S&P 500 index this year, while the Nasdaq biotech index has done the same....
...Your level-headed briefing on how the coronavirus epidemic is affecting the markets, global business, our workplaces and daily lives, with expert input from our reporters and specialists across the globe...
...“There was a lot of pressure from the White House for a lot of states to reopen,” says Saskia Popescu, an infectious disease specialist at George Mason University, adding that the reopening in May of Arizona...
...Roche is applying for an emergency authorisation from the US regulator. Abbott Labs and BD, both based in the US, have already launched antibody tests....
...Just as the markets closed on Friday, President Trump announced that remdesivir had received emergency regulatory approval....
...The P/E troughed first in the GFC, then P and finally, much later, E (Figure 2). Earnings estimates do not turn until c.10 weeks after the trough in the market....
...Your level-headed briefing on how the coronavirus pandemic is affecting the markets, global business, our workplaces and daily lives, with expert input from our reporters and specialists across the globe...
...’ could trigger social breakdown (FT) E.P.A., citing coronavirus, drastically relaxes rules for polluters (NY Times)...
...The boom in debt issuance by corporate America has been good to S&P Global, the largest credit rating agency. Its shares have jumped a fifth in 2020, far outpacing its namesake S&P 500 index....
...All 3 UK names are the cheapest in our European coverage by some margin, at 10-12X P/E and 8-10% FCF yield....
...says Johnny C Taylor, president of the Society for Human Resource Management....
...C Specialist) NYK takes out Japan’s first “sustainability-linked” loan (American Shipper) UBS Plans Long-Short Fund With ESG Strategy (Institutional Investor) Global investor group urges action on climate...
...I have also just started The Masters by C.P. Snow as a fun preparation for my installation in October as Master of Trinity College, Cambridge....
...Expect such actions to snowball as health authorities act on what The Lancet calls “a true planetary health emergency”....
...A discussion with ethics and legal specialists....
...The company, which has made its name with a hepatitis C treatment whose cost has drawn political criticism, fell after a rival medicine for the disease was awarded exclusive status by Express Scripts, which...
...It has 40 experimental medicines in late-stage trials....
...Infrastructure specialists warned a coalition government would be more likely to withhold funding for infrastructure projects, which are capital intensive, contentious and require more consensus than education...
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