Hints and tips:
...Rivals AstraZeneca, Johnson & Johnson, Russia’s Sputnik V and new entrants such as Novavax make up the remainder of the market, which is forecast to double in value to $124bn next year....
...The AU will pay $6.75 a dose for the BioNTech/Pfizer vaccine and $10 for Johnson & Johnson’s, a single-dose product....
...After such strong reads from the first two releases (three if we count Russia’s Sputnik V), the disappointing AZN figures were perhaps bound to prompt downward pressure on the company’s shares....
...In August, Russia became the first country to approve a Covid-19 vaccine — named Sputnik V — for civilian use, but western experts cast doubt on its efficacy and safety....
...The Bank of Mexico’s lowering of interest rates last week was the 800th rate cut around the world since the collapse of Lehman Brothers, according to Bank of America....
...In the wake of the Lehman crisis, struggling companies such as Renesas turned to an all-Japan consortium for financial rescue rather than be taken over by a foreign private equity fund....
...That means the iPhone maker has shed $265bn of market value since its peak — more than the entire market capitalisation of Pfizer, Wells Fargo, Procter & Gamble or Chevron....
...Nomura boldly snapped up the European and Asian arms of the defunct Lehman Brothers — and bemoaned the painful fallout for the next seven years....
...Lehman’s European assets were sold in the aftermath of its collapse, with Nomura taking on most of what remained of Lehman Brothers’ European staff....
...September 2008 Lehman Brothers implodes, triggering financial crisis 6. May 2010 Eurozone crisis begins to rumble 7. August 2011 Worries deepen over debt in eurozone countries 8....
...He has played an important role in many recent cross-border deals involving the UK including helping AstraZeneca fight off a bid from Pfizer....
...analogy is imprecise because Lehman didn’t have nuclear weapons)....
...The possibility of a Pfizer/AstraZeneca deal still has the politicians talking (the chief executives of both were hauled before the UK parliament this week)....
...He has left Barclays, prompting some to worry that his departure might trigger an exodus of other former Lehman Brothers executives. Well, perhaps, always assuming there are some left....
...Trilantic V North America is the company’s first fund after rising from the ashes of Lehman’s merchant banking unit four years ago....
...(Financial Times) And a goodbye to Skip McGee — he “brokered Barclays’ acquisition of Lehman’s US business at the height of the financial crisis in 2008, lived for the big deals and fought for higher pay...
...It marks the highest funding ratio for US DB schemes since the collapse of Lehman Brothers in October 2008. The improvement has mainly been driven by a rise in market interest rates....
...While consumption has picked up since the height of the financial crisis and led to V-shaped growth for the economy, the supply side has never responded adequately....
...A new version of its CR-V small SUV begins production in September, and it plans to renew its small Jazz at a later date....
...beyondbrics India v China: a new race in biopharmaceuticals, beyondbrics...
...Pfizer was up 0.4 per cent to $19.63. the only stock in the Dow Jones Industrial Average to record gain....
...Mr Obama’s administration predicted a V-shaped recovery, based on the historical experience of the 1970s and 1980s. Not this time....
...The fallout would be far worse than after the Lehman’s default. Back then, the US government could at least spend and do the ‘right thing’, while now the only back-stop would be the Fed....
...In the wake of the Madoff and Lehman collapses, the coming Ucits V and alternative investment fund managers directives have been framed to tighten the rules under which custodian banks operate....
...Brothers bankruptcy; v) rating and outlook announcements are essentially not anticipated in the previous 1 or 2 months but; vi) there is evidence of bi-directional causality between sovereign ratings and...
International Edition