Market News

Scots offshore wind farm blades to be made in Isle of Wight

03 Jun 2020

https://www.bbc.co.uk/news/uk-scotland-scotland-business-52913369

Scots offshore wind farm blades to be made in Isle of Wight

Ads from Inoreader • Remove Danish firm Vestas wins...

03 Jun 2020

https://www.ft.com/content/4574aac2-93d3-4949-a65b-859e49d2bb01

Airlines hit out at UK quarantine measures

Wizz Air chief says plan for incoming passengers is pointless and ‘harsh’

Snapchat stops promoting Donald Trump's account due to 'racial violence'

03 Jun 2020

https://www.bbc.co.uk/news/technology-52912884

Snapchat stops promoting Donald Trump's account due to 'racial violence'

The social network says it will drop Trump from Discover over 'racial violence and injustice'.

03 Jun 2020

https://www.ft.com/content/e8899ea8-5e6e-4a92-b05f-d064c7e1d765

CQS’s Hintze blames ‘unprecedented’ crisis for huge losses

Performance of flagship fund has almost halved this year, hurt by positions in structured credit

03 Jun 2020

https://www.ft.com/content/45681b2e-75de-46fa-923b-970959ad0864

Total acquires 51% stake in £3bn North Sea wind project

French group’s purchase from UK utility SSE marks its first big move into offshore sector

03 Jun 2020

https://www.ft.com/content/e71aa0dd-7cbf-40c4-b0e2-e1091ee7d417

US biotech: Moderna’s art

Shares soar after promising but preliminary results in trial of coronavirus vaccine

03 Jun 2020

https://www.ft.com/content/5393bdc7-02a2-4ec7-81c3-4d6088216a6c

Illinois taps Federal Reserve for $1.2bn emergency funding

First loan from $500bn municipal liquidity facility aimed at easing virus impact

Rolls-Royce confirms 3,000 job cuts across the UK

03 Jun 2020

https://www.bbc.co.uk/news/business-52909829

Rolls-Royce confirms 3,000 job cuts across the UK

The cuts, which are part of a previously announced cost-saving plan, follow a dive in demand for jet engines.

03 Jun 2020

https://www.bbc.co.uk/news/business-52912517

US to ban passenger flights from China

It comes after Beijing refused requests by US airlines to resume flights to China.

03 Jun 2020

http://ftalphaville.ft.com/2020/06/03/1591196878000/Nio--back-to-the-future/

Nio: back to the future

Ads from Inoreader • Remove Who says the sellside...

Bank boss tells lenders to be ready for no-deal Brexit risk

03 Jun 2020

https://www.bbc.co.uk/news/business-52899262

Bank boss tells lenders to be ready for no-deal Brexit risk

The central bank said the advice was part of its regular weekly call with lenders.

'I’m ready to face quarantine just to get away'

03 Jun 2020

https://www.bbc.co.uk/news/business-52902974

'I’m ready to face quarantine just to get away'

As the UK's 14-day quarantine plan looms, many have decided to take a summer holiday regardless.

03 Jun 2020

https://www.ft.com/content/9e7b6428-e357-4547-9379-6c9d48035768

Cards and contactless now used for more than half of payments in UK

Use of cash expected to continue declining as coronavirus changes consumer habits

03 Jun 2020

https://www.ft.com/content/e1979389-6c35-4403-b1e9-6edd097e7372

Warner Music lands $1.9bn share sale for Blavatnik

Strong reception for biggest US IPO this year values music group at $12.8bn

03 Jun 2020

https://www.ft.com/content/61661d4d-b7a8-48bb-bee7-2c4291690c98

Bailey presses bank chiefs on no-deal Brexit preparations

Warning from Bank of England governor comes as negotiations between the UK and EU stall

03 Jun 2020

https://www.ft.com/content/9985dc57-708e-4c4a-ab65-0e3c4c6d74cd

Saudi Arabia poised to reverse extra production cuts as Opec+ meets

Kingdom could supply extra 1m barrels per day from July, sources say

03 Jun 2020

https://www.ft.com/content/6264f0d9-8f94-40a8-bd17-56eb523f71fc

How much do black lives matter to business? Davos plots ‘great reset’ for 2021; Chuka Umunna exclusive

Your guide to the investment and business revolution you can’t afford to ignore

03 Jun 2020

http://ftalphaville.ft.com/2020/06/02/1591102551000/Markets-Now---Wednesday-3rd-June-2020/

Markets Now - Wednesday 3rd June 2020

Last updated 11:45am BST. Featuring LVMH/Tiffany, Chemring, Ibstock, Forterra, Marks & Spencer, Carnival, Renault, Tui, Dufry and some strategy bumf.

Coronavirus: Adelie Foods worker says job losses 'devastating'

03 Jun 2020

https://www.bbc.co.uk/news/uk-england-beds-bucks-herts-52903471

Coronavirus: Adelie Foods worker says job losses 'devastating'

Lack of demand due to coronavirus forces closure of Adelie Foods at eight sites, administrators say.

Travelodge proposes new deal to end landlord row

03 Jun 2020

https://www.bbc.co.uk/news/business-52904443

Travelodge proposes new deal to end landlord row

Ads from Inoreader • Remove The company says temporary...