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The main events of today August 9, 2021

Philip Morris, stock, The main events of today August 9, 2021

Inflation warnings

Jens Weidmann, a member of the Governing Council of the European Central Bank, warned that inflation in the eurozone could grow faster than expected and urged not to delay the pandemic bond-buying program. Weidmann, who is also president of the German Bundesbank, said that higher inflation rates cannot be ruled out, and that he would urge to closely monitor the risk of too high inflation.

Tender war

Philip Morris International is raising its bid for the British asthma drug manufacturer Vectura Group, valuing Vectura shares at about 1.02 billion pounds. So the company exceeds the competing offer made by the private investment company Carlyle Group on Friday. Philip Morris is looking for new sources of income, in addition to cigarettes, as more and more people in developed countries are quitting a very bad habit – smoking.

IPO Virgin

Virgin Atlantic Airways is reportedly considering a public offering in London as the company prepares to rebuild its business after the pandemic. Executives are holding discussions with bankers and potential investors and may announce the company's IPO plans in the fall. The listing may come after a difficult 18 months for Virgin, when flights almost stopped around the world due to the coronavirus pandemic.

Vaccination

Anthony Fauci, a leading infectious diseases doctor in the United States, said he "strongly supports" accelerated vaccination of people with weakened immune systems. A third of Israel's adult population over the age of 60 has already received a revaccination, as the country is struggling to contain the surge in diseases. Meanwhile, the European Union is likely to discuss the resumption of travel restrictions for visitors from the United States next week, as the number of cases of coronavirus in America is growing again.

Today

Today, Hargreaves Lansdown, PageGroup and PostNL are among the largest profit-reporting firms in Europe. The German manufacturer of the Covid vaccine BioNTech will also report its earnings. Atlanta Fed President Rafael Bostic will speak at a virtual event on the inclusive economy. From Monday, the French will be able to visit cafes and travel by train only with a" health pass " (health pass). Football star Lionel Messi may join Paris Saint-Germain after two decades in Barcelona.

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