Full List Of Stories
Amazon gets FCC approval for $10bn internet satellite constellation launch
Amazon received approval from the US Federal Communications Commission to launch and operate a planned constellation of 3,236 internet satellites in which it has invested $10bn.
Friday broker round-up
Greencore Group: Berenberg reiterates buy with a target price of 200. 0p.
Hackers linked to Beijing targeted Covid-19 vaccine firm Moderna
Hackers linked to the Chinese governmenT targeted US biotech company Moderna which is currently focusing on developing a Covid-19 vaccine, with the aim of stealing valuable data.
Roman Abramovich sells stake in Highland Gold
A group of investors in Highland Gold, including Russian billionaire Roman Abramovich, announced on Friday the sale of a roughly 40% stake in the company's share capital to Fortiana Holdings at a valuation of approximately $1. 1bn.
Facebook claims new Apple iOS could hurt ad targeting
Facebook Chief Financial Officer David Wehner said on Thursday that the Apple iOS 14 system could hurt the way the social media network targets ads to users.
UK government extends Covid-19 self-isolation to 10 days from 7
The UK government has extended the quarantine period for anyone who tests positive or shows symptoms of having Covid-19 from 7 days to 10 days.
Thursday broker round-up
Tullow Oil: Berenberg downgrades to hold with a target price of 40. 0p.
EU warns of syringe shortages if Covid-19 vaccine found
The European Union warned of the a potential shortages of syringes, wipes and protective gear needed for a mass Covid-19 vaccination programme and called on member states to buy the required equipment as a bloc.
Johnson & Johnson to start human safety trial for Covid-19 vaccine
Johnson & Johnson on Thursday started human safety trials for its Covid-19 vaccine after releasing potentially promising details of a study on macaque monkeys.
Orange to reduce reliance on Huawei tech in Europe
French telecoms operator Orange said it would be reducing its reliance on Huawei tech in Europe.
Huawei overtakes Samsung as top smartphone seller
Huawei overtook Samsung and Apple as the biggest smartphone seller in the world during the second quarter for the first time ever.
Trump did not confront Putin over Russian Taliban bounty reports
President Donald Trump told Axios that he never questioned Russian President Vladimir Putin about reports that Russia paid the Taliban to kill American troops in Afghanistan.
Wednesday broker round-up
Sanne: RBC Capital Markets reiterates sector performer with a target price of 600. 0p.
Iran launches missiles at mock US Navy ship raising tensions
Iran’s Revolutionary Guards conducted military drills this week and launched missiles at a mock US Navy ship, leading two nearby US military bases to go on heightened alert.
Heathrow chief calls on UK government to introduce passenger Covid-19 tests
The chief executive of Heathrow airport asked the UK government on Wednesday to urgently introduce passenger testing after reporting a 96% fall in passenger numbers during the second quarter.
Selfridges to cut 450 jobs as sales tumble
Selfridges has told staff it plans to cut 450 jobs or around 14% of its total headcount as annual sales are set to be "significantly less" than in 2019 because of the pandemic.
FCA to ban motor discretionary commission models
The FCA said on Tuesday it would be introducing a ban on discretionary commission models as some car retailers and motor finance brokers potentially sell more expensive credit to customers in order to receive commissions.
Tuesday broker round-up
Renishaw: Morgan Stanley downgrades to equal weight with a target price of 4,500. 0p.
Google to build undersea fiber-optic cable to connect US, Britain and Spain
Google is set to build its new Grace Hopper fiber-optic cable to improve its services that will connect New York to Bude in the UK and Bilbao in Spain.
Amazon plans expansion of UK delivery service
Amazon is planning a wider UK rollout of its online grocery service by the end of 2020 as it tries to take advantage of consumers’ needs during the pandemic.