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23 February
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Phoenix buys Standard Life brand, sells some units back to SLA By Reuters

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(Reuters) - Insurer Phoenix Group will take on the Standard Life (LON:SLA) brand from asset manager Standard Life Aberdeen (SLA) and sell back some of the businesses it bought from SLA as the pair simplify their partnership. Phoenix bought Standard Life Aberdeen's European and UK insurance businesses in 2018, a deal that had created a complicated network of products and...

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23 February
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Exclusive: AstraZeneca to miss second-quarter EU vaccine supply target by half – EU official By Reuters

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By Francesco Guarascio BRUSSELS (Reuters) - AstraZeneca (NASDAQ:AZN) expects to deliver less than half the COVID-19 vaccines it was contracted to supply the European Union in the second quarter, an EU official told Reuters on Tuesday. The expected shortfall, which has not previously been reported, comes after a big reduction in supplies in...

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23 February
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UK’s Johnson suggests he left journalism because he was always abusing people in print By Reuters

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LONDON (Reuters) - British Prime Minister Boris Johnson suggested on Tuesday that he had left journalism for politics, because in his original profession he often found himself abusing people in print. Johnson, 56, has displayed a colourful, sometimes combative speaking and writing style both as a journalist and as a politician, a trait which has fuelled many controversies during his three decades...

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23 February
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U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.07% By Investing.com

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Investing.com – U.K. equities were higher at the close on Tuesday, as gains in the Real Estate Investment Trusts REITs, Aerospace & Defense and Real Estate sectors propelled shares higher. At the close in London, the Investing.com United Kingdom 100 added 0.07%. The biggest gainers of the session on the Investing.com United Kingdom 100 were British Land Company PLC...

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23 February
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Debt Markets Brace for Higher Yields to Stay as Stimulus Sets In By Bloomberg

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(Bloomberg) -- President Joe Biden’s $1.9 trillion relief plan, plus the prospect of more stimulus later this year, is setting the stage for a shift away from historically low Treasury yields that’s likely to lead to a pickup in volatility in currency markets. U.S. yields have marched higher even before the plan’s arrival -- offering an inkling of what may be in store....

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23 February
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Exclusive: Top banks asked to justify why they still clear euro swaps in London By Reuters

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By Huw Jones LONDON (Reuters) - Europe's top banks must justify why they should not have to shift clearing of euro-denominated derivatives worth billions of euros from London to the European Union after Brexit, an EU document seen by Reuters on Tuesday showed. Clearers in Britain have EU permission to continue clearing for EU customers until mid-2022 to give banks time to...

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