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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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31 Mar 2020 13:25

Tuesday broker round-up

(Sharecast News) - Taylor Wimpey: JP Morgan downgrades to neutral with a target price of 110p.

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24 Mar 2020 16:24

FTSE 100 risers: Oil majors, insurers power 'bear market' rally

(Sharecast News) - Shares of oil majors BP and Royal Dutch Shell powered Tuesday's bear market rally on the Footsie, alongside big advances for insurers and some beaten down travel stocks.

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24 Mar 2020 11:10

Europe open: Stocks bounce on stimulus hopes, oil and gas shares jump

(Sharecast News) - Stocks are putting in a decent bounce across the Continent, buoyed by reports of further fiscal stimulus in the pipeline.

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19 Mar 2020 17:29

FTSE 100 movers: Travel & Leisure stocks find a bid, but Meggitt still unloved

(Sharecast News) - Travel-related issues paced gains on the top-flight index as central banks on both sides of the Atlantic, including the Bank of England, US Federal Reserve, and European Central Bank carried out simultaneous emergency actions to help smooth over the dislocations in financial markets.

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18 Mar 2020 11:05

Oil prices in fresh falls as lockdown fears weigh heavily

(Sharecast News) - Oil prices have taken a fresh pounding, as the growing global lockdown and souring of relations between Saudi Arabia and Russia weigh heavily.

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12 Mar 2020 14:55

JP Morgan downgrades Shell to 'neutral' on vulnerability to demand risks

(Sharecast News) - Analysts at JP Morgan downgraded their recommendation for shares of Royal Dutch Shell 's B shares from 'overweight' to 'neutral' on the back of the recent "breakdown" in relations among OPEC+ members that had resulted in a crude oil price crash.

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9 Mar 2020 09:06

Goldman Sachs cuts oil forecasts as price war gets underway

(Sharecast News) - Goldman Sachs has cut its forecasts for crude oil prices following a dispute between Russia and Saudi Arabia, warning that they could fall as low as $20 a barrel.

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8 Mar 2020 22:46

Brent oil futures plummet 25% after Saudi Arabia cuts selling prices

(Sharecast News) - Crude oil futures are hurtling lower following Saudi Arabia's decision to slash its official selling price, marking the start of a price war after the Organisation of Petroleum Exporting Countries's failure to strike an agreement with the Russian Federation during the previous week to curb production.

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6 Mar 2020 17:10

London close: Stocks end sharply lower again as oil futures crash

(Sharecast News) - London equity markets finished near their worst levels of the session on Friday, with oil and gas shares under the cosh after the Russian Federation refused to go ahead with another oil output cut alongside the Organisation of Petroleum Exporting Countries.

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6 Mar 2020 10:54

Brent oil futures slide on reports Russia will not agree to extra cuts

(Sharecast News) - Russia is willing to extend the existing oil output curbs agreed with other OPEC+ countries until June, but for the moment refuses to participate in extra reductions.

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20 Feb 2020 11:46

Global demand for LNG hit 359m tonnes in 2019 - Shell

(Sharecast News) - Global demand for liquefied natural gas (LNG) grew by 12.5% to 359 million tonnes in 2019, according to Shell's latest annual LNG Outlook published on Wednesday.

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31 Jan 2020 12:55

Friday broker round-up

(Sharecast News) - Hargreaves Lansdown: Liberum upgrades to buy with a target price of 2,125p.

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26 Jan 2020 10:03

Sunday share tips: Royal Dutch Shell, Global Sustainable Farmland Income Trust

(Sharecast News) - In her 'Inside the City' column for the Sunday Times, Jill Treanor wrote that after her appearance at the World Economic Forum in Davos last week, Greta Thunberg's message should have reached every corner of every boardroom by now.

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24 Jan 2020 11:18

Week ahead: Bank of England (and Fed), Shell in focus

(Sharecast News) - Central banks will be front and centre on investors' minds over the coming week, with the Bank of England possibly set to cut interest rates and the US Federal Reserve having the power to stop the current sharp gains in the stockmarket in its tracks, according to analysts.

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19 Nov 2019 13:08

Tuesday broker round-up

(Sharecast News) - B&M: Citigroup downgrades to neutral with a target price of 405p.

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