Reuters | Jul 22, 2020 09:07
AVIATION: Britain is working on additional measures to help an aviation sector battered by the COVID-19 pandemic, Transport Secretary Grant Shapps said.
UNIVERSITY OF OXFORD: The University of Oxford's possible COVID-19 vaccine could be rolled out by the end of the year but there is no certainty, the lead developer of the vaccine said on Tuesday.
SHELL: Italian prosecutors have asked for oil majors Eni and Shell to be fined and some of their present and former executives, including Eni CEO Claudio Descalzi, to be jailed in a long-running trial over alleged corruption in Nigeria.
RBS: Royal Bank of Scotland has hired climate change expert Nicholas Stern to help shape its sustainability strategy as the state-backed lender prepares to rebrand as NatWest Group.
OIL: Oil prices fell on Wednesday as industry data showed a bigger-than-expected inventory build in the United States where coronavirus cases continue to climb, potentially further denting demand in the world's biggest oil consumer.
GOLD: Gold jumped more than 1% on Wednesday to its highest in nearly nine years, driven by a weaker dollar and as expectations of more stimulus to resuscitate pandemic-hit economies lifted the metal's appeal as an inflation-hedge.
The UK blue-chip index (.FTSE) closed 0.1% higher, as gains in energy were offset by drugmaker AstraZeneca. The stock retreated from life-time highs after the lead developer of its vaccine expressed caution over when the vaccine could be rolled out.
UK CORPORATE DIARY:
Britvic Plc (BVIC.L) Q3 trading statement
Antofagasta Plc (ANTO.L) Q2 production report
PayPoint Plc (PAYP.L) Q1 trading statement
St. Modwen Properties Plc (SMP.L) HY earnings release
Stagecoach Group Plc (SGC.L) FY earnings release
For more on the factors affecting European stocks, please click on: LIVE/
TODAY'S UK PAPERS
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Written By: Reuters
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