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Sunday newspaper round-up: Coronavirus vaccine, UK-US trade, Shell

Sun, 25th Oct 2020 12:39

(Sharecast News) - Plans are being drawn up for frontline NHS staff to receive a coronavirus vaccine within weeks, as the Government moves to accelerate the timetable for a mass roll-out. An email sent by an NHS Trust chief to his staff, seen by The Mail on Sunday, reveals the Health Service is preparing for a national vaccination programme before Christmas. - Mail on Sunday

British officials are preparing a rescue strategy to save the UK-US free trade deal if Joe Biden wins the American presidency in a little more than a week amid fears talks could be pushed to one side and indefinitely delayed. UK government figures are ready to reach out to influential people around the Democratic presidential nominee within days of a victory result and have been making a concerted effort in recent weeks to open back channels. - Sunday Telegraph

Shell has begun a search for a new chairman, with Andrew Mackenzie, the former BHP Billiton boss, emerging as an early front-runner The Anglo-Dutch oil major is seeking a replacement for the incumbent Charles Holliday to help steer it through a tricky shift away from fossil fuels, following its first dividend cut since the Second World War earlier this year. City sources expect Mr Mackenzie, who joined the Shell board as a non-executive director at the start of this month, to be promoted to chairman. - Sunday Telegraph

McCarthy & Stone faces discontent from investors over its takeover, as fund managers fear the pandemic and Brexit uncertainty could unleash a wave of cut-price private equity deals. [...] Richard Marwood, a fund manager at Royal London - McCarthy's third-biggest shareholder with a 5% stake - said the Lone Star bid was "opportunistic at a time when there is operational uncertainty", and that the "longer-term value of this business could be greater". - Sunday Times

Asset manager Liontrust says there is growing interest in sustainable investing because of Sir David, which has prompted an increasing number of people to care about how they make their money as well as how much money they make. Liontrust has seen the assets in its range of sustainable funds grow from £2.5billion in April 2017 to £7.5billion - and research it has recently conducted shows that 74 per cent of private investors say sustainability is important in their everyday life. With only 43 per cent of these people investing sustainably, demand is expected to continue to grow. - Mail on Sunday

Banks have begun stockpiling cash to pay out bumper bonuses in the New Year, The Mail on Sunday can reveal. Documents show Barclays has boosted this year's bonus pool for bankers by 9 per cent to £745million - £63million more than it set aside last year - after making huge profits at its investment bank. - Mail on Sunday

The finance director of EG Group recently considered quitting the Issa brothers' rapidly expanding petrol station empire, which is battling to shake off concerns over corporate governance as the Issas prepare to acquire Asda. Multiple sources said that Michael Hughes, 51, had planned to resign and take up a post at a different company at the end of the year. His departure would have spooked EG's debt investors, which are reeling from the news that the group's auditor, Deloitte, quit over concerns about its governance and controls. - Sunday Times

Emmanuel Macron has vowed to scupper any Brexit deal that "sacrifices" French fishermen, but faces a growing swell of pressure from Germany and other EU states to accept less access to British waters. The French president's hard line on fishing rights is one of the last remaining obstacles to an agreement. But with just a year and a half to go before national elections, being seen as the defender of France's coastal communities could prove a valuable campaign asset for Mr Macron. - Sunday Telegraph



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29 Jan 2024 17:25

London close: Stocks turn weaker ahead of busy week for earnings

(Sharecast News) - London's stock market saw slight declines by the close on Monday, as investors turned their attention to a week filled with corporate earnings reports and central bank announcements.

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18 Sep 2023 11:42

Berenberg says that it is time to return to energy sector

(Sharecast News) - Analysts at Berenberg said the US and European energy sectors could be a way to play the headwinds that they expected to bear down on global equities over the coming quarters.

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21 Dec 2022 18:00

Sector movers: Big Oil supports gains

(Sharecast News) - Big Oil lent its weight to an upside move for the FTSE 350 as the benchmark rebounded from the downdraft registered during the previous week - although some analysts in the City remained wary.

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20 Oct 2022 18:46

Sector movers: Oil and Gas buoyed by speculation about changes in China Covid rules

(Sharecast News) - Oil and Gas shares lent their heft to Thursday's gains, possibly on the back of a report that Beijing was mulling whether to ease Covid-19 rules.

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13 Oct 2022 12:57

J.P. Morgan bullish on Energy, says Q3 favours Shell over BP

(Sharecast News) - Analysts at J.P.Morgan reiterated their 'bullish' stance for Energy equities, highlighting the expected "pivotal" role that European Union oil majors would play in solving energy security.

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3 Aug 2022 16:22

OPEC+ raises output quota ceiling for September by 100,000 barrels per day

(Sharecast News) - The Organisation for Petroleum Exporting Countries and its main allies, whom together are known as OPEC+, revised their combined output quotas for September higher but by far less than in the previous month.

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6 Jul 2022 18:16

Sector movers: Stocks bounce despite drag from Precious Metals, Oil and Gas

(Sharecast News) - A motley assortment of sectors led the FTSE 350's bounce on Wednesday despite the release of weaker-than-expected economic data and the political ructions in Downing Street.

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5 Jul 2022 13:31

European natural gas prices spike as Equinor workers strike

(Sharecast News) - European natural gas prices were on the rise again after workers at Norway's Equinor initiated a strike action overnight.

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30 Jun 2022 15:27

OPEC+ rubber stamps crude oil output quota increase for August

(Sharecast News) - The world's largest grouping of crude oil exporting countries went ahead with plans to raise its permitted output ceiling, as expected.

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15 Jun 2022 10:26

Global oil demand to reach fresh highs in 2023 - IEA

(Sharecast News) - Global demand for oil is forecast to reach fresh highs next year, according to the rich world's oil watchdog , although supply could struggle to keep up.

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30 May 2022 14:34

EU may have reached agreement on partial Russian oil embargo 'in principle'

(Sharecast News) - European Union leaders have reached an agreement on a partial embargo on imports Russian oil, although the deal is not expected to be finalised until in a few weeks' time, possibly in June.

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5 May 2022 14:05

Sector movers: Commodities outperform despite US dollar strength

(Sharecast News) - Oil&Gas topped the leaderboard again on Thursday despite it being of a rollercoaster day for crude oil futures, the latter in part due to US dollar strength.

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25 Apr 2022 00:05

Sunday newspaper round-up: Twitter, British Airways, Russian oil imports

(Sharecast News) - Relations between Twitter and and Elon Musk may be thawing if reports that the former is taking a fresh look at the technology magnate's £33bn takeover offer is anything to go by. According to the Wall Street Journal, the two sides were set to meet on Sunday to discuss the deal and Twitter's board was now said to be "more receptive to a deal". - Sunday Telegraph

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22 Apr 2022 09:45

Morgan Stanley raises Q3 2022 Brent oil price forecast to $130

(Sharecast News) - Analysts at Morgan Stanley said that an array of headwinds meant that oil demand in 2022 would be lower than previously thought.

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27 Mar 2022 23:29

Zelensky says Ukraine ready to discuss 'neutrality', seeks compromise on Donbass

(Sharecast News) - Ukrainian President Volodymyr Zelensky said his country was ready to discuss the official adoption of neutrality and wanted to reach a compromise over the eastern Donbass region.

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