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“Our goal is to make digitally-native assets, such as bitcoin, more accessible to investors,” Abigail Johnson, chairman and chief executive of Fidelity Investments, said in a statement. Fidelity’s cryptocurrency push follows moves by other large financial companies in digital assets, including Intercontinental Exchange Inc (ICE.N), the owner of the New York Stock Exchange, and CME Group Inc (CME.O). Fidelity Digital Assets, which has an 100-strong staff, is led by Tom Jessop, who was formerly president at tech startup Chain and a managing director at Goldman Sachs Group Inc (GS.N).
“Someone like Fidelity coming into this market we quebec nordiques cufflinks think will have a positive effect on the whole market,” Jessop said in an interview, Fidelity, one of the world’s largest investment managers with more than $7.2 trillion of assets under management, currently serves more than 13,000 institutions, Johnson has been one of the earliest, and most high profile supporters of cryptocurrencies in mainstream finance, In 2017 Fidelity started allowing its retail clients to see their holdings of bitcoin and other virtual currencies held on Coinbase on Fidelity’s website, It has also been testing bitcoin and its underlying technology blockchain internally..
PARIS (Reuters) - AstraZeneca (AZN.L) will keep its freeze on manufacturing investments in Britain if the country’s exit from the European Union fails to give enough clarity on future trading relations, the drugmaker’s chairman was quoted as saying on Monday. The comments add to pressure on British Prime Minister Theresa May to rethink her plan for leaving the EU after Brexit talks reached a stand-off at the weekend over arrangements for the UK border with Ireland. “If a transition deal does not make clear what will happen in the future, we will maintain our decision not to invest,” Leif Johansson told France’s Le Monde newspaper.
“A Brexit agreement will need to ensure that Britain does not become an isolated island in the middle of the Atlantic Ocean,” he added, A spokesman for AstraZeneca said Johansson was referring to a freeze on investments in manufacturing announced in 2017, “There has been no change to our investment plans in the UK,” the spokesman quebec nordiques cufflinks said, AstraZenca has already spent 40 million pounds ($53 million) stockpiling medicines in Britain and continental Europe to prevent supply disruptions if the two sides fail to reach a withdrawal agreement..
Some pharmaceutical companies including AstraZeneca have warned of medicine shortages in the event of a ‘no deal’ Brexit. More than 2,600 drugs have some part of their manufacturing carried out in Britain. Britain exports some 45 million medical packs to EU countries each month, industry figures show, while 37 million flow to Britain from the EU. France’s largest drugmaker Sanofi (SASY.PA) said in August it would increase medicine stockpiles in Britain, echoing moves made by GlaxoSmithKline (GSK.L), Roche (ROG.S) and Novartis (NOVN.S).
BERLIN (Reuters) - Germany’s Transport Ministry said on Monday that roughly 100,000 Opel vehicles were to be recalled shortly after a further manipulation of diesel emissions by exhaust management software was discovered, “After a fifth defeat device was discovered in early 2018, which (motor authority KBA) found to be illegal, there is currently an official hearing going on with the goal of imposing a mandatory recall for quebec nordiques cufflinks the models Cascada, Insignia and Zafira,” the ministry said in a statement..
(Reuters) - Credit Suisse on Monday downgraded the U.S. steel sector as it expects prices to fall due to oversupply, stemming from the Trump administration’s move to slap tariffs on Chinese imports. U.S. steel prices and production have hit multi-year highs due to the tariffs as well as strong demand from an expanding economy. The brokerage cut its rating on the sector to “market weight” from “overweight”, saying capital spending by firms has “disappointed” investors. Credit Suisse also downgraded Nucor Corp, Steel Dynamics and Cleveland Cliffs to “neutral”.
The Trump administration’s ongoing talks with Canada on tariffs related to steel and aluminum could also add to the oversupply of the commodity, the brokerage said, A near-term deal with Canada quebec nordiques cufflinks remains unlikely, but odds are in favor of a deal being sorted out by early 2019, Credit Suisse said, “We believe it’s likely that Canada and the U.S, will come to some agreement on quotas and tariffs will go away,” Credit Suisse analysts wrote in a note on Monday, Last week, Canada said it would impose new quotas and tariffs on imports of seven categories of steel to head off a potential rise in imports as overseas steelmakers shut out of the United States seek new customers..