Hot Off The Wires - 6th May 2021
The Biden administration has backed a plan to temporarily waive intellectual property rights for Covid-19 vaccines in an effort to boost supply to developing countries; shares in leading manufacturers of coronavirus treatments fell following the news.
The fitness technology group Peloton has recalled its treadmills after reports of injuries and one death involving the machines, sending shares in the company to a seven-month low.
DHL has raised its earnings guidance again for a third time this year, after the ecommerce boom powered one of the world’s largest logistics companies to its best-ever first quarter.
ITV is predicting a summertime ad boom, with revenues expected to be up as much as 90% year on year, fuelled by the return of must-watch content including Love Island and football’s European Championship.
Croda International, the FTSE 100 chemicals company, has announced plans to break itself up.
What is the biggest island in the world?