A row has broken out between EU member states over coronavirus vaccine allocation in the latest fallout from AstraZeneca’s worsening supply shortfalls to the bloc. Leaders of a group of nations wrote to the presidents of the European Council and European Commission complaining of “huge disparities”.
UK festivals should make a long-awaited comeback this summer. The government’s announcement of its pandemic exit “road map” last month reverberated through the events industry. “We can’t wait to get back to the fields this summer. Let’s go,” tweeted organisers of Reading and Leeds festivals. Reading sold out in 48 hours.
The US has implemented the sixth-fastest vaccine distribution programme in the world, administering just over 100m inoculations. But state and national data analysed by the Financial Times show an uneven rollout, as some governors prioritise speed while others focus on older people more likely to die.
Just a year after a Saudi-Russian price war and the coronavirus pandemic triggered the worst oil crash in decades, a stunning reversal is under way. Drawing on countless booms and busts, the fossil fuel sector took the crisis as a prompt to cut costs. That has left oil operators, especially in the US, emerging leaner and meaner.
A week into Israel’s official reopening, the country is still partying. With 4m of its almost 7m adult population fully vaccinated with the Pfizer/BioNTech jab, Israelis are immersed in a carnival of post-pandemic rebirth that has left restaurants fully booked, bars packed and traffic returned to its infamous snail’s pace.
AstraZeneca’s struggle to ramp up vaccine supplies to the EU is partly because of the failure of one of the company’s key European manufacturing sites to deliver any doses to the bloc six months after the supply contract was agreed. The Dutch factory, run by subcontractor Halix, is yet to receive EU regulatory approval to supply the region
The merger of the UK’s biggest food ordering app Just Eat and its Dutch equivalent Takeaway.com last year created that rare company whose name is also its strategy: to persuade customers not to cook at home or go out but to Just Eat Takeaway. Lockdowns created the perfect recipe for that ambition to be fulfilled.
UK shopping centre owner Hammerson suffered its biggest ever loss last year and is attempting to sell off and repurpose malls to survive the coronavirus crisis. The company, which owns malls including the Bullring in Birmingham and Brent Cross in London, posted a £1.7bn pre-tax loss.