25 April

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UK cyber-firm Darktrace cuts valuation of its London IPO – Sky News By Reuters

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(Reuters) - British cyber-security firm Darktrace is cutting the valuation of its London stock exchange listing as it adopts a cautious approach aimed at avoiding a repetition of Deliveroo's disappointing public debut, Sky News reported on Sunday. Darktrace is moving towards a price range that will value it at between 2.4 billion pounds ($3.33 billion) and 2.7 billion pounds, Sky News said. An official announcement from Darktrace is expected on Monday, according to Sky news. Darktrace did not immediately respond to a request for comment. The firm, backed by tech entrepreneur Mike Lynch, said last week...

25 April

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Israel examining heart inflammation cases in people who received Pfizer COVID shot By Reuters

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JERUSALEM (Reuters) - Israel's Health Ministry said on Sunday it is examining a small number of cases of heart inflammation in people who had received Pfizer (NYSE:PFE)'s COVID-19 vaccine, though it has not yet drawn any conclusions. Pfizer said it has not observed a higher rate of the condition than would normally be expected in the general population. Israel's pandemic response coordinator, Nachman Ash, said that a preliminary study showed "tens of incidents" of myocarditis occurring among more than 5 million vaccinated people, primarily after the second dose. Ash said it was unclear...

25 April

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UK to ship ventilators and other devices to COVID-ravaged India By Reuters

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LONDON (Reuters) - Britain said on Sunday it was sending more than 600 medical devices including oxygen concentrators and ventilators to India to help the country as it struggles to cope with a surge in coronavirus cases. The equipment comes from Britain's surplus stock and the first shipment was due to arrive in New Delhi early on Tuesday, the British foreign ministry said. "We stand side by side with India as a friend and partner during what is a deeply concerning time in the fight against COVID-19," British Prime Minister Boris Johnson said. "We will continue...

25 April

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UK says COVID cases down 4.6% in past week By Reuters

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LONDON (Reuters) - Britain reported 1,712 new cases of COVID-19 on Sunday, government data showed, meaning there were 17,063 new cases between April 19 and 25, a fall of 4.6% compared with the previous seven days. A further 11 people were reported as having died within 28 days of a positive test for COVID-19, taking the seven-day decrease to 12.6%. A total of 33.67 million people had received a first dose of a vaccine against coronavirus and 12.59 million people had received a second dose. ...

25 April

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UK’s Johnson paid for apartment refurbishment himself, minister says By Reuters

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LONDON (Reuters) - British Prime Minister Boris Johnson personally covered the cost of refurbishing his Downing Street flat, a minister said, seeking to quash claims by Johnson's former top adviser that the prime minister had planned to get donors to pay for it secretly. "What I know is the prime minister has personally met the costs of the flat refurbishment and that is what people in Britain want to know," Liz Truss, Britain's trade minister, told BBC television on Sunday. Dominic Cummings, who was Johnson's key adviser on the Brexit campaign and helped him to win...

25 April

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UK officials close to deal to buy tens of millions more doses of Pfizer vaccine – Sunday Times By Reuters

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(Reuters) - UK officials are close to finalising a deal to purchase tens of millions more doses of the Pfizer (NYSE:PFE) COVID-19 vaccine in time for a third booster dose to be given to the elderly this autumn, the Sunday Times reported https:// Government sources told the newspaper that they hope to roughly double the UK's original order of 40 million jabs. If talks succeed, the extra stock may also be used for those in their 20s, who are to be offered an alternative to the AstraZeneca (NASDAQ:AZN) jab, the report added....

25 April

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BoE Deputy Governor Broadbent forecasts consecutive quarters of rapid growth – Telegraph By Reuters

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(Reuters) - Bank of England Deputy Governor Ben Broadbent has forecast consecutive quarters of rapid growth but also warned that inflation will prove less predictable, according to an interview with the Telegraph newspaper. It may be too soon to call a "roaring twenties" scenario, but it certainly means "very rapid growth at least over the next couple of quarters" particularly as the economy will be boosted by people simply saving less, Broadbent said in remarks published Saturday evening in the Telegraph https:// newspaper. Broadbent said in the interview that there has been "less of a disinflationary...

25 April

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Soccer-English leagues announce social media boycott in stand against online racism By Reuters

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(Reuters) - England's football authorities have joined forces to announce a social media boycott next weekend in response to continued online racist abuse of players. The boycott will take place across a full fixture programme in the men's and women's professional game from 3 p.m. local time (1400 GMT) on Friday to 11.59 p.m. on Monday May 3. Clubs across the Premier League, English Football League, Women's Super League and Women's Championship will switch off their Facebook (NASDAQ:FB), Twitter and Instagram accounts to emphasise that social media companies must do more to eradicate online hate. "Racist...

25 April

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Volkswagen warns of worsening output hit from chip shortage: FT By Reuters

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(Reuters) - Volkswagen (DE:VOWG_p) AG has warned managers to prepare for a bigger production hit in the second quarter than the first due to a global chip shortage, the Financial Times reported on Saturday. "We are being told from the suppliers and within the Volkswagen Group that we need to face considerable challenges in the second quarter, probably more challenging than the first quarter," Wayne Griffiths, president of Volkswagen's Spanish brand Seat, told the FT. https://on.ft.com/3gBddOE Griffiths called the shortage the "biggest challenge" the company faces at the moment. He said production at Seat's Martorell plant...

24 April

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YouTube blocks access to Ukrainian TV channels tied to Kremlin ally, Ukraine govt says By Reuters

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By Ilya Zhegulev KYIV (Reuters) - Three Ukrainian television channels linked to an ally of Russian President Vladimir Putin were blocked from broadcasting on Google (NASDAQ:GOOGL)'s YouTube on Saturday, the Ukrainian government said, following its request to YouTube to have the channels taken down. The YouTube channels of ZiK, 112 Ukraine and NewsOne did not play their content and instead showed a blank screen with a message saying the channel was not available. "We are pleased such an influential American company is willing to cooperate when it concerns issues of Ukrainian national security and Russian...

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News

UK cyber-firm Darktrace cuts valuation of its London IPO – Sky News By Reuters

Israel examining heart inflammation cases in people who received Pfizer COVID shot By Reuters

UK to ship ventilators and other devices to COVID-ravaged India By Reuters

UK says COVID cases down 4.6% in past week By Reuters

UK’s Johnson paid for apartment refurbishment himself, minister says By Reuters

UK officials close to deal to buy tens of millions more doses of Pfizer vaccine – Sunday Times By Reuters

BoE Deputy Governor Broadbent forecasts consecutive quarters of rapid growth – Telegraph By Reuters

Soccer-English leagues announce social media boycott in stand against online racism By Reuters

Volkswagen warns of worsening output hit from chip shortage: FT By Reuters

YouTube blocks access to Ukrainian TV channels tied to Kremlin ally, Ukraine govt says By Reuters

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