Manchester City will have to continue their assault on the Premier League title without Kevin De Bruyne when they meet West Brom tonight. The influential midfielder is out until next month with a hamstring injury, and joins Sergio Aguero, who has returned a positive Covid test, and Nathan Ake on the sidelines. Kyle Walker is in contention to return after missing the win over Cheltenham in the FA Cup, and could line up alongside John Stones and Ruben Dias at the back.
Exposure to air pollution could increase the risk of developing a form of irreversible sight loss, a large-scale study has found. Air pollutants, which are already known to cause a range of harmful health problems, has now been linked to a heightened risk of age related macular degeneration (AMD). AMD is a progressive form of sight loss which forms the leading cause of irreversible blindness in the over-50s in wealthy countries such as the UK.
A Japanese non-profit sports institute paid $1.3 million by the Tokyo Olympic bid committee during a campaign to secure the 2020 Games shut down all its activities at the end of December, according to a notice on its website. The Jigoro Kano Memorial International Sport Institute, established in 2009 and run by former Japanese prime minister Yoshiro Mori, did not provide a reason for ceasing activities on its website. Mori did not respond to a Reuters request for comment when contacted by email through the Tokyo organising committee.
Australian government MPs push for protectionism in China trade warSplit emerges within Coalition as Nationals call for tariffs and subsidies while Liberals are keen to stick with free trade regime
There will be no Crystal Palace debut for new signing Jean-Philippe Mateta against West Ham this evening after Roy Hodgson ruled the striker out. The 23-year-old joined the Eagles from Bundesliga side Mainz last week, but issues over a visa have slowed his start to life as a Premier League player. There will be no Hammers reunion for James Tomkins after what Hodgson described as "an accident" in training.
Stubbornly high new rates for infections, hospitalisations and Covid deaths are fuelling fears France may need another full lockdown
Despite the victory, the Nets were well below their league-high average of 120.3 points per game.
The Met Office said early cloud, rain and hill snow were likely for Northern Ireland, Wales and England’s south-west.
The Pompidou Centre, one of Paris’s top cultural attractions and home to Europe’s biggest modern art collection, is to close from 2023 for four years of renovations, France’s culture minister said on Monday. Designed by star architects Renzo Piano and Richard Rogers, the Pompidou Centre opened in 1977 and is showing visible signs of ageing.“There were two options,” Culture Minister Roselyne Bachelot told the Figaro newspaper. “One involved renovating the centre while keeping it open, the other was closing it completely.“I chose the second because it should be shorter and a little bit less expensive,” she added.Like all cultural attractions in Paris, the Pompidou Centre closed from March-June last year during the first wave of the global coronavirus pandemic and has been shuttered again since late October.The building’s radical design pushes almost all its structural and mechanical elements to the exterior, freeing up vast exhibition spaces on the inside.A maze of blue air-conditioning conduits, green water pipes, yellow electrical casings and red elevators are on display outside.The bold project in the historic heart of the French capital faced heavy opposition at the time in the 1970s, including lawsuits, but it has become a much-loved landmark.A total of 3.2 million people visited the museum in 2019 before the onset of the coronavirus health crisis.(AFP)
Former stars of shows ranging from ‘Glee’ to the US version of ‘The Office’ are hosting episode-by-episode watch-alongs that unite fans with show insiders – and they’re increasingly lucrative, says Isobel Lewis
Europe has been wary of the surge in US shares caused by new retail investors
Covid 'imperils family planning in poorest countries', says global projectSixty million more girls and women using modern contraceptives due to global campaign, but pandemic recession threatens services
Tryg’s Supervisory Board has today approved the annual report 2020. Premium growth of 7.0% (6.1% excluding Alka in 2019). The technical result of DKK 3,495m (DKK 3,237m) was impacted by continued positive developments in the core business, the delivery of the Alka synergies and lower than normal large and weather claims. Investment income of DKK 311m (DKK 579m) driven by positive financial market returns in a year characterized by significant volatility after the outbreak of COVID-19 in the first quarter of 2020 and related worries regarding the macroeconomic environment. Profit before tax of DKK 3,541m (DKK 3,628m). Quarterly dividend of DKK 1.75 per share, supporting TryghedsGruppen’s member bonus. Solvency ratio of 183. Financial highlights 2020 Premium growth of 7.0% (6.1% excluding Alka in 2019) in local currenciesTechnical result of DKK 3,495m (DKK 3,237m)Combined ratio of 84.5 (85.1)Expense ratio of 14.1 (14.2)Return on free investments portfolio of DKK 585m (DKK 857m)Total investment return of DKK 311m (DKK 579m)Profit before tax of DKK 3,541m (DKK 3,628m)Full year dividend of DKK 7.00 per shareSolvency ratio of 183 Financial highlights Q4 2020 Premium growth of 7.4% (5.6% excluding Alka in 2019) in local currenciesTechnical result of DKK 780m (DKK 762m)Combined ratio of 86.3 (86.1)Underlying claims ratio (Private and Group) improved by 0.2 and 0.6 percentage pointsExpense ratio of 14.0 (14.6)Return on free investments portfolio of DKK 513m (DKK 226m)Total investment return of DKK 513m (DKK 198m)Profit before tax of DKK 1,223m (DKK 940m)Q4 dividend of DKK 1.75 per share Customer highlights Q4 2020 TNPS of 72 (68)Number of products per customer 3.9 (3.8)In Q4, awareness of TryghedsGruppen's member bonus among non-customers increased to 33%, up by 18% compared with the same period prior year Statement by Group CEO Morten Hübbe: COVID-19 has introduced a lot of volatility during 2020 and also changed the ways of working. During Q1, Tryg’s technical result was impacted by high travel insurance claims while in the following quarters a lower economic activity offset the negative developments in Q1. The overall technical result was also helped by a lower than normal level of large and weather claims despite the tragic event in Gjerdrum, Norway, at the end of December, where a landslide killed several people and many families had to re-locate and find a new home. The good development of Tryg’s core business continued with a strong growth of 7% for the Group, supported by the Private and Commercial segments. In Corporate, the profitability initiatives are starting to improve the numbers, but it is important to remember that this is a long-term journey to improve a segment that has always been challenging due to different market dynamics. Capital markets developments have been extreme in 2020. Tryg has booked a mark to market loss of nearly DKK 1bn in Q1 but the year is ending with a positive investment result of more than DKK 300m following a strong capital markets recovery in the following nine months. In 2020, customer satisfaction continued to break records. This is very positive as it has been a difficult period for our 4,400 employees who, amongst other things, have handled 100.000 extra COVID-19-related claims and 250.000 extra phone calls compared to a normal year, all of this while working from home. Tryg has met all 2020 financial targets set at a capital markets day in November 2017, a new strategy will be unveiled at a capital markets day that will be hosted in the Autumn. On 18 November 2020, Tryg made a recommended cash offer to acquire RSA’s Swedish and Norwegian business and 50% of the Danish business in a potential acquisition that will create the largest Scandinavian non -life insurer. Shareholders of Tryg and RSA have voted in favor of the deal and now we wait for the final approval from authorities before Tryg can take over Trygg-Hansa in Sweden and Codan in Norway. I look very much forward to welcome Trygg-Hansa and Codan Norway’s 1.3m customers and 1,500 employees in the Tryg family. Conference call Tryg hosts a conference call today at 10:00 CET. CEO Morten Hübbe, CFO Barbara Plucnar Jensen and CCO Johan Kirstein Brammer will present the results in brief followed by Q&As. The conference call will be held in English. An on-demand version will be available shortly after the conference call has ended. Conference call details: Danish participants: +45 78 72 32 52 UK participants: +44 (0) 333 300 9032 US participants: +1 833 526 8383 The annual report material can be downloaded on https://tryg.com/en/downloads-2020 shortly after the time of release. Attachment 01_TRYG_2020_annual report
BOUSSARD & GAVAUDAN HOLDING LIMITEDOrdinary Shares The Directors of Boussard & Gavaudan Holding Limited would like to announce the following information for the Company. Close of business 25 Jan 2021. Estimated NAV Euro SharesSterling SharesEstimated NAV€ 26.1379 £ 22.8874Estimated MTD return 0.78% 0.52%Estimated YTD return 0.77% 0.52%Estimated ITD return 161.38% 128.87% NAV and returns are calculated net of management and performance fees Market information Euro SharesAmsterdam (AEX)London (LSE)Market Close€ 21.10N/APremium/discount to estimated NAV -19.27%N/A Sterling SharesAmsterdam (AEX)London (LSE)Market CloseN/AGBX 1,800.00Premium/discount to estimated NAVN/A -21.35% Transactions in own securities purchased into treasury Ordinary Shares Euro SharesSterling SharesNumber of sharesN/AN/AAverage PriceN/AN/ARange of PriceN/AN/A Liquidity Enhancement AgreementEuro SharesSterling SharesNumber of sharesN/AN/AAverage PriceN/AN/A BGHL Capital BGHL Ordinary SharesEuro SharesSterling SharesShares Outstanding 13,275,769 294,494Held in treasury 217,500N/AShares Issued 13,493,269 294,494 Estimated BG Fund NAV Class B Euro Shares (estimated)€ 219.4886 The Class B Euro Shares of BG Fund are not subject to investment manager fees, as the Investment Manager receives management fees and performance fees in respect of its role as Investment Manager of BGHL. For further information please contact: Boussard & Gavaudan Investment Management, LLP. Emmanuel Gavaudan +44 (0) 20 3751 5389 Email : email@example.com The Company is established as a closed-ended investment company domiciled in Guernsey. The Company has received the necessary approval of the Guernsey Financial Services Commission and the States of Guernsey Policy Council. The Company is registered with the Dutch Authority for the Financial Markets as a collective investment scheme pursuant to article 2:73 in conjunction with 2:66 of the Dutch Financial Supervision Act (Wet op het financieel toezicht). The shares of the Company (the "Shares") are listed on Euronext Amsterdam. The Shares are also listed on the Official List of the UK Listing Authority and admitted to trading on the London Stock Exchange plc's main market for listed securities. This is not an offer to sell or a solicitation of any offer to buy any securities in the United States or in any other jurisdiction. This announcement is not intended to and does not constitute, or form part of, any offer or invitation to purchase any securities or the solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of the securities referred to in this announcement in any jurisdiction in contravention of applicable law. Neither the Company nor BG Fund ICAV has been, and neither will be, registered under the US Investment Company Act of 1940, as amended (the "Investment Company Act"). In addition the securities referenced in this announcement have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"). Consequently any such securities may not be offered, sold or otherwise transferred within the United States or to, or for the account or benefit of, US persons except in accordance with the Securities Act or an exemption therefrom and under circumstances which will not require the issuer of such securities to register under the Investment Company Act. No public offering of any securities will be made in the United States. You should always bear in mind that: all investment is subject to risk; results in the past are no guarantee of future results; the investment performance of BGHL may go down as well as up. You may not get back all of your original investment; and if you are in any doubt about the contents of this communication or if you consider making an investment decision, you are advised to seek expert financial advice. This communication is for information purposes only and the information contained in this communication should not be relied upon as a substitute for financial or other professional advice. Attachment Daily NAV - BgHL
The Dutch Ministry of Public Works and Waterways has awarded Heijmans a five-year contract for the maintenance of waterways in the central-eastern part of the Netherlands (Oost-Nederland). The performance contract covers the Boven-Rijn and Waal rivers and the Maas-Waal canal and represents a value of around € 32 million for Heijmans. Option to extend by three years The contract became definitive on Monday, 25 January. In addition to the initial term of five years, the contract includes an option to extend the contract for an additional term of three years. From Q3 2021, Heijmans will carry out daily work on the above-mentioned waterways. This will include waterway maintenance (dredging), bank maintenance (breakwaters, longitudinal dams, extended banks, bank walls), the maintenance of pavements and moorings in overnight mooring facilities), and the inspection, monitoring and repair of damage and trouble-shooting. Highest score for sustainability When deciding on the tender, the Ministry of Public Works and Waterways looked beyond the costs of the contract to companies’ potential contribution to the improvement of the asset management and on the sustainability front. On the basis of the Best Price-Quality Ratio, Heijmans emerged as the best in these areas. On the sustainability front, Heijmans scored the highest according to the so-called Environmental Costs Indicator. The Ministry uses this benchmark – which looks among other things at circularity – to reduce the total environmental impact of the execution of a project. About Heijmans Everyone wants clean air, to live in a nice neighbourhood, to work in a good workplace and to be able to travel safely from A to B. By making things better, more sustainable and smarter, Heijmans is creating that healthy living environment. Jan Heijmans started as a road builder in 1923. Today, Heijmans is a stock exchange-listed company that combines activities in property development, building & technology and infrastructure. In addition to this, we work safely and we add value to the places where we are active. This is how we build the spatial contours of tomorrow together with our clients: www.heijmans.nl/en/ For more information / not for publication: Media Jeroen van den Berk Spokesman +31 73 543 52 firstname.lastname@example.org Analysts Guido Peters Investor Relations + 31 73 543 52 17 email@example.com Attachment Full press release
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Such a move could potentially impact the UK’s supply of Pfizer jabs
Press release Ecully, 25 January 2021 – 6 p.m. 2020 annual results 18% increase in operating incomeImproved performances during the second half of 2020Continued strengthening of the financial structure In thousands of eurosConsolidated accountsHY1 2020HY2 2020% variation20202019% variationRevenue1 4261 953+ 37%3 3795 018- 33%Cost of goods sold- 540- 720+ 33%- 1 260- 1 174+ 7%Gross margin 886 1 233 + 39% 2 119 3 844 - 45% Operating costs1 Including operational costs- 2 250 - 1 266- 1 779 - 1003- 21% - 21%- 4 029 - 2 269- 6 169 - 2 517- 35% - 10%Including personnel expenses- 1 170- 1 108- 5%- 2 278- 2 520- 10%Operating income- 1 364- 546+ 60%- 1 910- 2 325+ 18%Financial incomeIncluding Negma financial one-offs2- 10 575 - 10 561- 1 704 - 1 417 - 12 279 - 11 978- 140 0 Non-recurring items-72156 84- 411 Net incomeIncluding restated net income2- 12 011- 1 450- 2 094- 677 + 53%- 14 105- 2 127- 2 876- 2 876 + 26% · Spineway’s Board of Directors, at a meeting held on 25 January 2021 chaired by Stéphane Le Roux, closed the 2020 annual accounts. Thanks to a sharp increase in sales in December 2020 (+30% compared with December 2019), Spineway’s revenue for Q4 2020 was up 21% compared with Q3, at €1 068K. This positive momentum, buoyed, in particular, by an increase in sales in Asia during the fourth quarter (+71% compared with 2019), allowed the Group’s annual revenue to reach €3 379K, closing the gap a bit with 2019 (-33%) in a year that was greatly disrupted by the COVID pandemic. Significant improvement in performances for the second half of the yearThis increase in sales during the second half of the year allowed Spineway to post improved operational performances for the second half of the year after a first half heavily impacted by the pandemic. The gross margin for the second half of 2020 was of €1 233K compared with €886K for the first half of 2020, representing a 39% increase, and was of €2 119K for the year 2020. During this period, Spineway continued to invest in R&D, quality and regulatory affairs in order to remain competitive, anticipate future developments and secure approvals per the new European requirements. In addition, the cost-saving measures implemented made it possible to mitigate the impact of the pandemic on the Group’s results, in particular, the full effect of the decrease in personnel expenses initiated in 2019, the lower hospitality and marketing expenses (trade shows, conventions, travel, etc.), as well as the controlling of overhead, in particular, via a cost-cutting plan concerning the US subsidiary as its results to date are not in line with expectations in view of the pandemic. Thanks to these cost-saving measures, operating income for the second half of the year was up 60% compared with the first half of the year at –€546K. For the financial year as a whole, it was of –€1 910K, up 18% compared with the previous year. As announced with the publication of the results for the first half of the year3, the recording of a one-time financial expense representing compensation for the Negma financing agreement affected the net income for 2020 by almost €12M. In order to avoid this mechanism, Spineway carried out two capital decreases during the financial year by decreasing the share’s par value (in May and in September), which is why this burden mainly concerns the first half of the year (€11M), the time for these decisions to have effect. As a reminder, this financial burden did not result in any outflow of cash for the Group and was fully financed in Spineway shares. Restated to include this non-recurring expense, the Group’s net income increased significantly by 26%, amounting to –€2 127K compared with –€2 876K in 2019. Strengthened financial structure to support developmentDuring this unprecedented time, the Group paid special attention to client payment deadlines and effectively managing inventory. This proactive management made it possible to improve the WCR by €985K, bringing it to €1 828K compared with €2 813K the previous year. The Group’s cash position benefitted from this improvement, as it did from the lower operating costs, and was also strengthened by the financing agreement with Negma. During the course of 2020, the conversion of bonds convertible or exchangeable for ordinary new or existing shares with warrants (OCABSA)4 generated over €6M in net cash for the Group. In addition, Spineway also obtained a government-backed loan (PGE) of €1.4M. Thus, as at 31 December 2020, the cash and liquid assets amounted to €4 857K, allowing the Group to post a cash position net of financial debts of €1 969K. Technological and scientific partnerships with great potentialIn accordance with its innovation strategy, Spineway is working on developing new products that will improve surgical techniques, facilitate surgeons’ movements and decrease operating time. To this end, the Group intends to enter into technological and scientific partnerships with high added value. These would be based on cutting-edge technologies such as 3D printing and collaborations with renowned spinal surgeons that would assist the rise of the Group’s premium implants. Thanks to a solid foundation and strengthened financial means, Spineway is prepared and ready to continue its development in its existing territories during the pandemic and is in a position to seize any and all opportunities for external growth offering synergies that would create value for the Group. Upcoming: web conference on 26 January 2021 at 11:30 a.m.Review of 2020 activities and discussion of the Group’s prospects The annual accounts are available on the company’s website in the Investors SPINEWAY IS ELIGIBLE FOR THE PEA-PME (EQUITY SAVINGS PLANS FOR SMES)Find out all about Spineway at www.spineway.com This press release has been prepared in both English and French. In case of discrepancies, the French version shall prevail. Spineway designs, manufactures and markets innovative implants and surgical instruments for treating severe disorders of the spinal column.Spineway has an international network of over 50 independent distributors and 90% of its revenue comes from exports.Spineway, which is eligible for investment through FCPIs (French unit trusts specializing in innovation), has received the OSEO Excellence award since 2011 and has won the Deloitte Fast 50 award (2011). Rhône Alpes INPI Patent Innovation award (2013) – INPI Talent award (2015). ISIN: FR0011398874 - ALSPW Contacts: SPINEWAY Shareholder-services lineAvailable Tuesday through Thursday(10 a.m. – 12 p.m.)+33 (0)811 045 555Eligible PEA / PMEALSPWEuronext GrowthAELIUM Finance & Communication Investor relationsSolène Kennisspineway@aelium.fr 1 Net of R&D expenses activated since the second half of 2019, i.e., €902K in 2020 v. €358K in 2019. 2 See explanation of this one-off expense on page 2 under net income. 3 See press release for half-year results dated 27 October 2020 4 The breakdown of such financing is provided in the annual financial report. Attachment SPW_CP_RA_2020_FR GB
A team of 10 Nepalese climbers who became the first to scale the world’s second-highest peak during the harsh winter season received a hero’s welcome on return home to Nepal on Tuesday. Mountaineers, supporters, friends and family lined the Kathmandu airport to greet the climbers with garlands and cheers as a police band played tunes.
Tuesday briefing: Charge against Trump goes to SenateFirst ever president to face impeachment trial twice … row over EU access to vaccines … friar crushed by cart and other bone-shattering medieval deaths