Analysts at Pantheon Macroeconomics believed the most likely outcome from the appearance of the new SARS-CoV-2 variant, Omicron, would be "some way short of an apocalyptic reboot of the pandemic. ".
The Financial Mail on Sunday's Midas column called attention to Rainbow Rare Earths's shares, pointing out that it was shaping up to become one of the largest producers outside of China of two key rare earth metals, praseodymium and neodymium.
Potential suitors including private equity outfits CVC and Apax, and infrastructure investors including Brookfield and Macquarie, have conducted fresh analyses to determine the value of BT's Openreach unit, which owns the infrastructure that connects most homes in the UK. The cable division might fetch £40bn. Franco-Israeli telecoms tycoon Patrick Drahi's Altice UK already owns a 12. 1% stake in BT and from 11 December will be able to buy more shares. That would allow him to apply greater pressure on BT's board to sell a stake or even all of Openreach.
Wall Street stocks closed sharply lower on Friday as traders returned from Thursday's Thanksgiving Day break to concerns regarding a new and virulent strain of Covid-19 found in South Africa.
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