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Pin to quick picksInternational Airlines Share News (IAG)

Share Price Information for International Airlines (IAG)

London Stock Exchange
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Share Price: 178.65
Bid: 178.70
Ask: 178.80
Change: 0.35 (0.20%)
Spread: 0.10 (0.056%)
Open: 178.75
High: 181.20
Low: 177.50
Prev. Close: 178.30
IAG Live PriceLast checked at -

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UPDATE 2-Risk of 'vaccine-busting' coronavirus variants prompt tougher UK quarantine - Johnson

Mon, 25th Jan 2021 11:14

(Adds details and context)

By Guy Faulconbridge and Kate Holton

LONDON, Jan 25 (Reuters) - British Prime Minister Boris
Johnson said on Monday he was looking at toughening border
quarantine rules because of the risk of "vaccine-busting" new
coronavirus variants.

New variants of the virus that causes COVID-19 are opening
up the prospect of a much longer battle against the pathogen
than previously thought. Scientists fear the new variants may be
more deadly, and that vaccines may be less effective against
them.

"We have to realise there is at least the theoretical risk
of a new variant that is a vaccine-busting variant coming in -
we've got to be able to keep that under control," Johnson told
reporters at a vaccination centre.

"We want to make sure that we protect our population,
protect this country against reinfection from abroad," Johnson
said. "We need a solution."

The new variant identified in South Africa can evade the
antibodies that attack it in treatments using blood plasma from
previously recovered patients, and may reduce the efficacy of
the current line of vaccines, scientists said.

Besides the South African variant, others have been
identified in Britain and Brazil.

British scientists and politicians have expressed concern
that vaccines being deployed or in development could be less
effective against the variant.

Johnson said the British government was looking at the
option of quarantine hotels - where inbound travellers pay to be
isolated at a hotel on arrival. In Australia, arrivals have to
quarantine for a minimum of 14 days at a hotel.

"That idea of looking at hotels is certainly one thing that
we are actively now working on," he said.

Johnson said the United Kingdom was on target to reach its
vaccination targets for vulnerable groups by Feb. 15.

"We are on target to hit our ambition," he said.
(Editing by Timothy Heritage)

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*

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BofA Merrill Lynch lifts IAG price target, reiterates 'buy'

(Sharecast News) - Bank of America Merrill Lynch lifted its price target on BA and Iberia owner IAG on Monday to 260p from 240p and reiterated its 'buy' rating on the shares after results last week.

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Broker tips: IAG, Babcock

(Sharecast News) - Bank of America Merrill Lynch lifted its price target on BA and Iberia owner IAG on Monday to 260p from 240p and reiterated its 'buy' rating on the shares after results last week.

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*

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*

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(Alliance News) - Stock prices in London were mixed at midday on Friday, after a busy week of earnings comes to an end.

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TOP NEWS: IAG to restore flight capacity to pre-pandemic by year-end

(Alliance News) - International Consolidated Airlines Group SA on Friday said it will return its flying capacity back to the level seen before the Covid-19 by the end of 2023, as it reported a dramatic swing to profit in the first half of the year.

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*

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(Alliance News) - Stocks in London are called slightly lower on Friday, with investors having plenty to consider amid the week's swathe of corporate earnings and central bank decisions.

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