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IN BRIEF: Heads of Iberia and Vueling sell GBP3 million in IAG shares
International Consolidated Airlines Group SA - London- and Madrid-based owner of British Airways, Iberia and other airlines - Marco Sansavini, chair &...
International Airlines
Moderna agrees to pay up to $2.25 billion to settle COVID vaccine patent dispute
March 3 (Reuters) - Moderna has agreed to pay Genevant Sciences, a subsidiary of Roivant Sciences, and Arbutus Biopharma up to $2.25 billion to settl...
Moderna
Airline, travel industries scramble with fallout from Middle East conflict
* Major Gulf hubs closed, 21,300 flights canceled, passengers stranded
Delta Air Lines
Shell committed to backstop Raizen with $668 million investment, Brazil CEO says
RIO DE JANEIRO, March 3 (Reuters) - London-listed oil company Shell is committed to investing 3.5 billion reais ($667.84 million) in troubled sugar...
Shell
TRADING UPDATES: Rosebank fundraise; Surface Transforms loses GM deal
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Helix Exploration
CORRECT: Sidara takeover of John Wood slated to take effect next week
(Correcting departure date of Ken Gilmartin, who stepped down in November)
PCI-PAL revenue grows in first half but product expenses widen loss
(Alliance News) - PCI-PAL PLC on Tuesday reported higher first-half revenue but a wider pretax loss, as increased investment in sales and product deve...
Pci-pal
European shares drop to one-month low as Middle East conflict widens
* STOXX 600 falls over 3%; bank, insurance stocks weigh
HSBC Holdings
LONDON MARKET CLOSE: Stocks retreat as oil surge raises inflation fear
(Alliance News) - The FTSE 100's decline accelerated on Tuesday, alongside European peers, amid fears that soaring energy prices will reignite inflati...
BP
M&S boosts store worker pay by 6.4%, but drops real living wage pledge
(Alliance News) - Retail giant Marks & Spencer Group PLC has dropped its pledge to pay workers in line with the real living wage in this year's salary...
Marks & Spencer
UK working with airlines to boost Oman evacuations
LONDON, March 3 (Reuters) - Foreign minister Yvette Cooper said on Tuesday that Britain was working with airlines on increasing capacity out of Mu...
Airline stocks slide as passengers scramble to leave Middle East
* Airline shares fall for second day as Iran conflict escalates
Wizz Air
Bluefield Solar posts lower asset value, higher dividend in first half
(Alliance News) - Bluefield Solar Income Fund Ltd on Tuesday reported a lower net asset value at the end of its first half, but raised its interim div...
Bluefield Solar
Shell sees 'enormous opportunity' for Brazil oil amid Middle East conflict
RIO DE JANEIRO, March 3 (Reuters) - The U.S.-Israeli conflict with Iran presents Brazil with an "enormous opportunity" to attract investments to de...
US struggling to de-risk Congo's 'war zone minerals' even after pact, sources say
* Challenges persist over politics, permits, sources say
Glencore
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