For most companies, making a product for which theres guaranteed demand Around The World sounds too good to be true, but a successful covid 19 vaccine promises to be just that. One vaccine shot, or a couple as your first booster, is not going to provide lifetime immunity to the virus, so the manufacturers are set to reap the profits for years to come. Drug maker pfizer reports its earnings later today, the question is which of the drugs firms are going to come out on top, and how lucrative Will Making Vaccines actually turn out to be . Joining me now is Sunaina Sinha haldea, managing partner, cebile capital. Thank you for being on the program. First of all, pfizer, when it comes to its news today. This will obviously not have in todays earnings, profits it is going to make with this vaccine it has come up with this vaccine it has come up with biontech . M0 with this vaccine it has come up with biontech . With this vaccine it has come up with biontech . No it wont. There will up with bi
Good morning. This is bloomberg daybreak europe. Im lizzy burden in london. Stocks in asia higher after an upbeat day on wall street. U. S. Job status according the case for rate cuts this year. The u. K. , Andrew Bailey opening the door to a possible cut next month. The u. S. Set to impose tariffs on chinese electric vehicles and strategic sectors in a sweeping decision to be unveiled by President Biden as soon as next week. Benjamin netanyahu says israel will fight on in gaza with or without u. S. Support. This as washington threatens to withhold more bombs if her offerh rafah is invaded. Its been a good month for stocks and bonds after the stumble we saw in april. Yesterday, the s p top 5200. Less than 1 of its alltime high. U. S. Jobless claims jumped to their highest level since august, beating estimates and reinforcing bets on fed rate cuts. Today, futures pointing to an even higher [inaudible] on both sides of the pod. You can see the impact of the u. S. Data on other areas of t
and lower consumer confidence are to blame. our business editor simonjack has been to cardiff to talk to small businesses about the financial pressures they re facing. going, going gone. this wine merchant is picking up the last of the stock as he shuts down his business. 2023 shaping up to be a little shop of horrors. the number of companies in critical financial distress up caught in the last three months and this year is expected to see business failures than any since the crisis of 2009. i realised the shot wasn t valid anymore, i had to close the shop i went back online where i started originally but there was not the same, not the same spending power in the markets i could not make ends meet, i could not make ends meet, i could not make ends meet, i could not pay my suppliers or myself and the additional cost. that s when i realised it was not a valid business. insolvency experts say thousands of other business owners may find themselves in the same boat. it owners may
Raymond James is expanding its Private Capital Advisory Investment Banking practice through the hiring of four senior bankers.
Joining the team are Managing Directors Callie Kourniotis, Guy Hume,.