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Liberty Steel boss asks government for £170m bailout

Liberty Steel boss asks government for £170m bailout

Business
Liberty SteelThe owner of Liberty Steel has asked the government for £170m in financial support.In a letter sent to the Department of Business last night, Sanjeev Gupta said the support was required to pay day-to-day operating expenses and absorb recent losses. Concerns over the future of Liberty Steel have grown after key financial backer, Greensill Capital, went bust.Liberty Steel employs about 5,000 people in the UK."The collapse of Greensill has put financial pressure on the GFG Alliance and our British steel operations," Mr Gupta writes in the letter. "We are still refining the details with my management team and our external advisors, but preliminary indications are that the steel manufacturing and processing operations would need in the range of £170m to fund working capital and som...
Britney Spears asks judge to end father’s control over her finances and personal life

Britney Spears asks judge to end father’s control over her finances and personal life

Entertainment
Britney Spears has officially asked a judge to permanently end her father's control over her finances and personal life.The singer, 39, has been subject to a court-ordered conservatorship since 2008 after suffering two mental breakdowns. This means her father Jamie Spears, 68, has been in charge of all her financial and personal affairs ever since, temporarily stepping down from the latter role in September 2019 due to health reasons.A care professional called Jodi Montgomery replaced him on a temporary basis, but the star now wants her to be made her conservator permanently.The Los Angeles court documents also show she wants to be able to completely end the controversial arrangement entirely if necessary. ...
Australia asks EU to stop blocking vaccine exports

Australia asks EU to stop blocking vaccine exports

Health
Australia is seeking assurances from the European Commission that shipments of vaccines are not blocked again after Italy banned a large export of the AstraZeneca coronavirus shotsByThe Associated PressMarch 5, 2021, 9:38 AM• 3 min readShare to FacebookShare to TwitterEmail this articleBRUSSELS -- Australia is seeking assurances from the European Union's executive arm that future shipments of vaccines will not be blocked, after Italy banned a large export of the AstraZeneca coronavirus shots.The shipment to Australia of more than a quarter-million doses was blocked from leaving the 27-nation bloc — the first use of an export control system instituted by the EU to make sure big pharma companies respect their EU contracts.The ban was requested by Italian authorities and approved by the EU in...
Pfizer asks FDA for approval to store COVID-19 vaccine at warmer temperatures

Pfizer asks FDA for approval to store COVID-19 vaccine at warmer temperatures

Business
Feb. 19 (UPI) -- Pfizer and BioNTech said Friday they have asked federal regulators for clearance to begin storing its coronavirus vaccine at warmer temperatures, which would make it easier to store and ship. The companies, which partnered to develop the COVID-19 vaccine, said they have asked the Food and Drug Administration for approval. Advertisement Presently, the vaccine must be stored at constant freezing temperatures to keep it stable. The drugmakers say they have now demonstrated, however, that it remains stable at -13 to -5 degrees Fahrenheit. Moderna, the only other vaccine presently approved for use in the United States, can already be shipped at the same temperatures. "We have been continuously performing stability studies to support the production of the vaccine at commercial ...
Terra Carta: Prince Charles asks companies to join ‘Earth charter’

Terra Carta: Prince Charles asks companies to join ‘Earth charter’

Science
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