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FTSE 100 nets £70bn injection as vaccine hopes spark stock market surge

FTSE 100 nets £70bn injection as vaccine hopes spark stock market surge

Business
The FTSE 100 and other global stock markets have rallied sharply on growing hopes of a coronavirus vaccine - building on gains in reaction to Joe Biden's US election victory.The FTSE hit its highest level since August after US drug firm Pfizer announced that early data from phase three trials showed its vaccine was more than 90% effective against COVID-19. It followed overnight gains in Asia, where Japan's Nikkei hit a 29-year high, after the confirmation of the US election result over the weekend which also bolstered values across Europe. :: Subscribe to Divided States on Apple podcasts, Google Podcasts, Spotify, and SpreakerThe FTSE closed 276 points or 4.7% up at 6,186 while the CAC in Paris was more than 7% higher - both coming off the boil slightly late in Monday's session. ...
Chelsea 0-2 Liverpool: Sadio Mane nets double against 10-man Blues

Chelsea 0-2 Liverpool: Sadio Mane nets double against 10-man Blues

Sports
Liverpool delivered a powerful statement of intent about their desire to retain the Premier League title with a comfortable dismissal of Chelsea at Stamford Bridge on another nightmare day for keeper Kepa Arrizabalaga.Jurgen Klopp's champions were already in complete control even before Chelsea defender Andreas Christensen was correctly shown a red card on the stroke of half-time.Referee Paul Tierney initially opted for a yellow card but reviewed Christensen's desperate challenge on Sadio Mane as he raced on to Jordan Henderson's pass.Mane then punished Chelsea with two swift goals after the break to confirm Liverpool's vast superiority, the second of which was the result of another calamity for Kepa.Mane headed in Roberto Firmino's cross after 50 minutes then chased down Kepa, whose botch...
General Atomics nets $7.4B MQ-9 Reaper contract with U.S. Air Force

General Atomics nets $7.4B MQ-9 Reaper contract with U.S. Air Force

Business
Sept. 18 (UPI) -- A $ 7.4 billion contract between the U.S. Air Force and General Atomics, announced this week, will field MQ-9 Reaper drones faster, the Air Force said. The five-year Agile Reaper Enterprise Solution contract for the unmanned surveillance, intelligence, reconnaissance and strike-capability aircraft was awarded on Thursday. Advertisement It calls for delivery of up to 36 aircraft per year from the San Diego-based company. With a $ 7.4 billion ceiling, it is expected to reduce the time to deliver operational MQ-9s to operational units by 35%. The Air Force regards it as one of its most in-demand weapons, an Air Force Life Cycle Management Center statement said on Thursday. The ARES contract has a pre-negotiated $ 3.3 billion price-quantity-curve, allowing the Air Force and...
Brooklyn Nets star Kevin Durant rules himself out for rest of season

Brooklyn Nets star Kevin Durant rules himself out for rest of season

Sports
June 5 (UPI) -- Brooklyn Nets star forward Kevin Durant said Friday that he will not return for the 2019-20 NBA season when it resumes next month. Durant, who signed a four-year, $ 164 million contract with the Nets before the start of this season, hasn't played since tearing his Achilles tendon during Game 5 of last year's NBA Finals while playing for the Golden State Warriors. Advertisement The two-time NBA Finals MVP will be one year removed from the injury when the Nets return to the court at the end of July in Orlando, Fla. With the 2019-20 season pushed back due to the coronavirus pandemic, there was speculation that Durant could potentially return this summer. Durant, 31, said he feels much improved physically but doesn't believe he is ready to return yet. "It's just best for me t...
Marinette Marine nets $795.1M for 10 Guided Missile Frigates for Navy

Marinette Marine nets $795.1M for 10 Guided Missile Frigates for Navy

Business
May 1 (UPI) -- The Navy this week awarded Marinette Marine Corp. with a $ 795.1 million contract this week for construction of up to 10 Guided Missile Frigatesek. According to the Navy, the Guided Missile Frigate, or FFG(X), is intended to be the next generation of small surface combatants. The vessels will have multi-mission capability to conduct air warfare, anti-submarine warfare, surface warfare, electronic warfare and information operations. The new ships will also include Enterprise Air Surveillance Radar, Baseline Ten AEGIS Combat System, a Mk 41 Vertical Launch System, communication systems and MK 57 Gun Weapon System countermeasures. "The Navy's Guided-Missile Frigate (FFG(X)) will be an important part of our future fleet," Chief of Naval Operations Adm. Mike Gilday said in a st...