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Financial Post (Canada) 05/23/2020 17:51
The University of Oxford’s COVID-19 vaccine trial has only a 50% chance of success as the coronavirus seems to be fading rapidly in Britain, the professor co-leading the development of the vaccine told the Telegraph newspaper Adrian Hill, director of Oxford’s Jenner Institute, which has teamed up with drugmaker AstraZeneca Plc to develop the [...]
Financial Post (Canada) 05/23/2020 15:42
Britain must defend its companies against overseas takeovers in the aftermath of the crisis caused by the coronavirus outbreak, a senior British lawmaker said, adding that China’s state-owned companies have drawn on state banks to outbid rivals. “Increasingly, China’s state-owned enterprises have been able to draw on state banks to outbid rivals in Europe and […]
Financial Post (Canada) 05/23/2020 12:51
WASHINGTON — U.S. President Donald Trump and Turkish President Tayyip Erdogan on Saturday discussed turmoil in Libya and Syria, as well as reopening economies around the world amid the global coronavirus pandemic, a White House spokesman said. “President Trump and President Erdogan discussed progress on reopening and boosting global economies in the wake of the […]
Financial Post (Canada) 05/23/2020 09:53
(Bloomberg) — With his bombastic demeanor and populist agenda, Ontario Premier Doug Ford has often been compared to Donald Trump. That was before Covid-19. Ford’s handling of the coronavirus crisis has turned his political fortunes around. At his daily news conferences, the 55-year-old leader of Canada’s largest province delivers a calm, factual assessment of the […]
Financial Post (Canada) 05/23/2020 06:59
Deputy Oil Minister Amir Hossein Zamaninia has been named as Iran’s caretaker OPEC Governor, replacing Hossein Kazempour Ardebili who died earlier this month, a state-affiliated news website said on Saturday. A search for a permanent governor is underway, the YJC site said. Ardebili, who served as Iran’s representative to the Organization of the Petroleum Exporting […]
Financial Post (Canada) 05/23/2020 05:29
BEIJING — Tesla Inc is seeking Chinese government approval to build model 3 vehicles in the country equipped with lithium iron phosphate (LFP) batteries, a document on the website of the Ministry of Industry and Information Technology showed. Reuters exclusively reported in February that Tesla is in advanced talks to use LFP batteries from CATL […]
Financial Post (Canada) 05/23/2020 04:07
LONDON — The United Kingdom has drawn up plans to require employers to cover 20% to 30% of furloughed employees’ wages from August to reduce the vast burden of the coronavirus crisis on government finances, The Times newspaper reported. The United Kingdom extended its job retention scheme – the centerpiece of its attempts to cushion […]

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