PRESS DIGEST- Financial Times - Feb. 3

Reuters2021-02-03

Feb 3 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Headlines

UK starts process to form post-Brexit state-aid watchdog

Amazon's Jeff Bezos to step aside as chief executive this year

Oxford/AstraZeneca study supports UK decision to delay second doses

Steve Cohen's Point72 raises $1.5bn

Overview

Britain will take an important step towards the creation of an independent authority to oversee its post-Brexit subsidy regime on Wednesday when it launches a consultation on how the new body will operate and whether it should have enforcement powers.

Amazon.com Inc said on Tuesday chief executive Jeff Bezos will step aside later this year to become executive chairman, making way for cloud computing division head Andy Jassy to replace him in the role.

A single dose of the Oxford and AstraZeneca coronavirus vaccine is 76% effective from three weeks to 12 weeks after the injection, according to an analysis of trial data.

Billionaire investor Steven Cohen's Point72 Asset Management has raised $1.5 billion from investors, boosting the hedge fund's assets under management after it lost 10% in January and provided emergency financing to Melvin Capital, the firm at the centre of the GameStop short squeeze.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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Comments

JazzyTazzy
2021-02-03
JazzyTazzy
Nice
- KTKC:
  looking good!
TheNoobish
2021-02-03
TheNoobish
Oh yeah

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