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Wednesday newspaper round-up: Lockdown rules, Coronavirus passport, G4S

Wed, 07th Oct 2020 06:26

(Sharecast News) - A Cabinet row has thrown a major overhaul of local lockdown rules into disarray as the leaders of the worst-affected cities warned that the current measures are "not working". A "traffic light" system of different levels of restrictions was due to be announced on Wednesday - but an intervention by Rishi Sunak, the Chancellor, is threatening to delay the plans. - Daily Telegraph
The world's first coronavirus passport is being launched on Wednesday to enable people to travel without having to quarantine. Passengers using two of the world's biggest airlines - United Airlines and Cathay Pacific - and travelling through London Heathrow will be the first to test the technology, which is backed by the US government. The volunteer passengers will upload their coronavirus test results from a validated laboratory onto a digital health passport up to 72 hours before departure. - Daily Telegraph

The Canadian security firm mounting a hostile takeover bid for British rival G4S renewed its attack on the board, as it began its charm offensive with shareholders. Security firm Garda World, which is backed by private equity giant BC Partners, said unforced errors by bosses have helped wipe £1billion off the company's valuation. It questioned if G4S had enough cash to pay for litigation that was 'potentially crippling'. - Daily Mail

A cross-party group of MEPs has written to Amazon's chief executive, Jeff Bezos, demanding information on the online retailer's monitoring of trade union activists and politicians in response to deleted job postings that described unions as "threats". The letter, from 37 members of the European parliament, said they were concerned Amazon deliberately targeted workers seeking to organise, and also questioned whether the company had "spied" on politicians. - Guardian

Rishi Sunak will take on new powers to block companies from listing on the London Stock Exchange on national security grounds. The chancellor is understood to be preparing to launch a consultation on the details in the coming weeks in response to demands from MPs. The limitations of the rules were exposed three years ago when the stock exchange listed EN+, an energy company associated with Oleg Deripaska. - The Times

Surging coronavirus infection rates have put Britain on the brink of tougher lockdown measures, overshadowing Boris Johnson's attempt yesterday to focus on life after the pandemic. The government's scientific advisers called for "urgent and drastic action" after cases doubled in 11 days to 14,542 and deaths doubled to 76 in the same period. - The Times

Taxpayers stand to lose up to £26bn on the government's most popular Covid-19 business loan scheme because of fraud or an inability to repay the money, Whitehall's spending watchdog has warned. The concerns were raised in a National Audit Office (NAO) report into the 100% government-backed bounce-back loan scheme (BBLS), which was designed to quickly distribute cheap loans of up to £50,000 to small businesses hit by the Covid-19 crisis. - Guardian

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27 Feb 2020 09:33

UK BROKER RATINGS SUMMARY: UBS Cuts Burberry To Sell On Virus Risk

UK BROKER RATINGS SUMMARY: UBS Cuts Burberry To Sell On Virus Risk

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6 Feb 2020 12:30

UPDATE 2-Securitas shares hit after sales slowdown

* Q4 operating profit SEK 1.3 bln vs forecast 1.52 bln* Organic sales growth slowed, oeprating margin narrowed* Dip in N. America infrastructure services weighs* Shares fall 7%* CEO: NA unit's revenue dip affects also Q1* (Adds CEO comment, detail, ...

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6 Feb 2020 12:30

UPDATE 1-Securitas shares fall as profit misses forecast, sales growth slows

* Q4 op profit SEK 1.32 bln vs forecast 1.52 bln* Organic sales growth slowed in quarter* Dip in N America infrastructure services weighs* Shares fall 7%* (Adds CEO comment, background, share price)STOCKHOLM, Feb 6 (Reuters) - Sweden's Securitas, t...

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8 Jan 2020 13:52

After G4S exclusion, Norway wealth fund keeps wider check on rights

By Victoria KlestyOSLO, Jan 8 (Reuters) - The ethics watchdog for Norway's huge wealth fund will continue to investigate firms and possibly recommend additional exclusions from its investment portfolio depending on treatment of migrant workers, th...

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30 Dec 2019 14:17

UPDATE 1-MTN reviewing allegations after being named in U.S. complaint

* See complaint here: https://afghanistan.terrorismcase.com/wp-content/uploads/2019/12/2019-12-27-001-COMPLAINT.pdf (Updates with G4S comment in 6th paragraph)By Tanishaa Nadkar and Mfuneko ToyanaJOHANNESBURG, Dec 30 (Reuters) - South African teleco...

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16 Dec 2019 09:01

Croda Appoints Former Syngenta Finance Head Ramsay To Board

Croda Appoints Former Syngenta Finance Head Ramsay To Board

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5 Dec 2019 09:34

CORRECTED-UPDATE 1-Securitas targets doubling of electronic security sales by 2023

(Corrects number of Securitas employees globally in second paragraph to about 370,000, from about 300,000)STOCKHOLM, Dec 5 (Reuters) - Sweden's Securitas aims to double sales of electronic security, including combined packages, to about 40 billion...

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5 Dec 2019 09:34

UPDATE 1-Securitas targets doubling of electronic security sales by 2023

(Adds detail, background)STOCKHOLM, Dec 5 (Reuters) - Sweden's Securitas aims to double sales of electronic security, including combined packages, to about 40 billion crowns ($4.2 billion) by 2023, it said on Thursday.The world's biggest security ...

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14 Nov 2019 14:41

Norway's Sovereign Wealth Fund Drops G4S Over Human Rights Concerns

Norway's Sovereign Wealth Fund Drops G4S Over Human Rights Concerns

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14 Nov 2019 14:36

Schroder Income Growth Ups Dividend Despite Lower Net Asset Value

Schroder Income Growth Ups Dividend Despite Lower Net Asset Value

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14 Nov 2019 10:57

Norway sovereign wealth fund blacklists G4S on human rights concerns

(Sharecast News) - Norway's sovereign wealth fund has banned all financial holdings in London-listed security services firm G4S due to concerns about human rights violations.

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14 Nov 2019 09:50

UPDATE 3-Norway fund shuns G4S over human rights violation risks

* Fund concerned about treatment of workers in Qatar, UAE* G4S is world's largest security firm* Shares fall on news* Largest SWFs: http://tmsnrt.rs/2tskfub (Adds G4S comment, updates shares)By Gwladys Fouche and Terje SolsvikOSLO, Nov 14 (Reuters) ...

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14 Nov 2019 09:50

UPDATE 2-Norway fund shuns G4S over human rights violation risks

* Fund concerned about treatment of workers in Qatar, UAE* G4S is world's largest security firm* Shares fall on news* Largest SWFs: http://tmsnrt.rs/2tskfub (Adds bullet points, detail, updates share)By Gwladys Fouche and Terje SolsvikOSLO, Nov 14 (...

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14 Nov 2019 09:50

UPDATE 1-Norway wealth fund shuns security firm G4S due to rights concern

(Adds quote, background, share price)OSLO, Nov 14 (Reuters) - Norway's $1.1 trillion wealth fund can no longer invest in security services firm G4S because of the "unacceptable risk that the company contributes to, or is responsible, for serious o...

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14 Nov 2019 09:21

UK BROKER RATINGS SUMMARY: Jefferies And JPMorgan Both Cut Tullow Oil

UK BROKER RATINGS SUMMARY: Jefferies And JPMorgan Both Cut Tullow Oil

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