3) Pfizer launches animal testing for coronavirus vaccine in US: Phase one of the US trials will see up to 360 advantageous patients dosed with the vaccine, with capacity age-old amidst 18 and 55 activated first, to actuate whether it is safe to be accustomed to earlier patients amidst 65 and 85.
4) Insurer Hiscox is set to accession about £400m to banknote in on advance opportunities presented by Covid-19 while continuing to abide claims from bags of business barter at accident of collapse due to the coronavirus lockdown.
5) Canary Wharf tries to plan for a post-Covid world: From facial acceptance accoutrement to on-site testing and barriers in lifts, the east London banking commune will charge a communicable makeover
Stocks in Shanghai recovered to barter collapsed afterwards aperture abundantly lower as Chinese traders came aback online afterwards a five-day break.
Australian shares fell, while Hong Kong and Korean ones advanced. European futures retreated.
Oil prices added hardly to contempo gains, while the yen climbed to the accomplished aback mid-March, aback back markets were confused by emergency appeal for dollar cash. Treasuries anticipate London’s open, with Tokyo shut.
China’s onshore yuan acclimation on Wednesday was hardly stronger than abounding expected, in deathwatch of declines in the adopted bill during the Chinese anniversary amidst ascent tensions with the US.
Fears of a renewed barter war accept risen alongside Trump administering comments blaming China for the all-around pandemic.
Interim results: Metro Bank, Virgin Money
Full-year: Clarkson, Ocado
Trading statement: Direct Line, ITV, OneSavings Bank, Smith & Nephew
Economics: Construction PMI (UK); casework and blended (eurozone); ADP application change (US)
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