Ad volatility hits profit at UK Daily Mail publisher

LONDON (Reuters) -The publisher of the Daily Mail reported a 20% drop in pretax profit in its first half as its consumer business, which also includes freesheet Metro, was hurt by volatile ad markets and events and exhibitions were hit by COVID restrictions.FILE PHOTO: A clock face is seen outside of the London offices of the Daily Mail newspaper in […]

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Brazil's Butantan aims to supply 40 million doses of its COVID-19 vaccine by year-end

BRASÍLIA (Reuters) – Brazil’s Butantan institute could supply at least 40 million doses of its own COVID-19 vaccine called Butanvac in the fourth quarter of 2021, said Director Dimas Covas on Thursday. Speaking before a Senate panel investigating the federal government’s handling of the pandemic, Covas said clinical trials of the new vaccine can be concluded quickly, though they still […]

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Democrat makes plea for U.S. Capitol riot probe as Senate nears vote

WASHINGTON (Reuters) – A moderate Democrat made an eleventh-hour appeal on Thursday to Republicans in the U.S. Senate to support a commission to investigate the deadly Jan. 6 attack on the Capitol, but the idea seemed to lack critical support ahead of a vote.FILE PHOTO: A mob of supporters of U.S. President Donald Trump storm the U.S. Capitol Building in […]

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U.S. business borrowings jump 19% in April – ELFA survey

FILE PHOTO: The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, U.S., April 26, 2020. REUTERS/Jeenah Moon(Reuters) – U.S. companies borrowed $9.8 billion for capital investments in April, up 19% from a year earlier, benefiting from an economic recovery triggered by mass […]

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Australia's Victoria state likely to enter COVID-19 lockdown – media reports

FILE PHOTO: The Fearless Girl Statue looks at a “Please Stay Home” sign in an empty Federation Square on the first day of a five-day lockdown implemented in the state of Victoria in response to the coronavirus disease (COVID-19) outbreak in Melbourne, Australia, February 13, 2021. REUTERS/Sandra SandersSYDNEY (Reuters) – Australia’s second-most populous state Victoria is likely to enter a […]

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Wall Street bank CEOs face fee criticism in second round with Congress

FILE PHOTO: Jamie Dimon, chairman & CEO of JP Morgan Chase & Co., arrives to testify before a House Financial Services Committee hearing on “Holding Megabanks Accountable: A Review of Global Systemically Important Banks 10 Years After the Financial Crisis” on Capitol Hill in Washington, U.S., April 10, 2019. REUTERS/Aaron P. Bernstein WASHINGTON (Reuters) – The heads of major U.S. […]

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ANALYSIS-New York could profit from Brexit tussle over euro derivatives

* Industry says clearing shift should be voluntary * EU access for LSE clearer could end June 2022 * Banks calculating how much relocation would satisfy EU * CME in United States could benefit from clearing shift LONDON, May 27 (Reuters) – A hasty shift in euro-denominated derivatives clearing from London to Frankfurt to meet European Union post-Brexit demands may […]

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