UPDATE 1-Brazil governors to buy vaccines directly due to slow federal rollout

UPDATE 1-Brazil governors to buy vaccines directly due to slow federal rollout
(Adds comments by CEO of pharmaceutical company)BRASILIA, March 2 (Reuters) - Brazilian state governors scrambling to secure COVID-19 vaccines said on Tuesday they are getting together to bypass President Jair Bolsonaro’s government and buy shots directly because of delays in the federal inoculation program.Half of Brazil’s 26 governors visited pharmaceutical company União Quimica in Brasilia,… Read More

Canadian pension fund CDPQ to invest up to $317 million in Brazil fiber network with Telefonica

Canadian pension fund CDPQ to invest up to $317 million in Brazil fiber network with Telefonica
BRASILIA (Reuters) - The Brazilian unit of Spanish telecom Telefonica SA said on Tuesday that it had agreed with Canadian pension fund CDPQ to create a joint venture to develop a “neutral and independent” wholesale fiber optic network in Brazil.According to a securities filing, Caisse de dépôt et placement du Québec (CDPQ) will invest up… Read More

UK extends furlough scheme by five months, gives more help to self-employed

UK extends furlough scheme by five months, gives more help to self-employed
LONDON (Reuters) - Britain will extend its huge job-protecting furlough programme by five months until the end of September and expand parallel support for the self-employed, finance minister Rishi Sunak is due to announce in a budget speech on Wednesday.Workers covered by the furlough scheme - currently about one in five private-sector employees - will… Read More

UPDATE 1-TreeHouse Foods appoints two new directors after deal with Jana Partners

UPDATE 1-TreeHouse Foods appoints two new directors after deal with Jana Partners
(Reuters) - Private label food group TreeHouse Foods on Tuesday appointed two new independent directors to its board, three weeks after activist investment firm Jana Partners urged the company to consider selling itself.TreeHouse said it shares a “common perspective” with Jana, which has said the stock remains undervalued nearly three years into a turnaround. The… Read More

RPT-CERAWEEK-ConocoPhillips still working to restore Permian oil output after freeze

RPT-CERAWEEK-ConocoPhillips still working to restore Permian oil output after freeze
(Repeats to additional subscribers)NEW YORK, March 2 (Reuters) - ConocoPhillips was still working to restore oil production in the Permian basin of Texas and New Mexico after a rare freeze about two weeks ago sent output in the basin plunging, the company’s chief economist said on Tuesday.Houston-based ConocoPhillips has restored, all of its Eagle Ford,… Read More

Breakingviews -pandemic global economy

Breakingviews -pandemic global economy
LONDON (Reuters Breakingviews) - Policymakers will face tricky choices about when to withdraw massive policy support as economic recovery kicks in. BNP Paribas’ group chief economist, William De Vijlder, joins Swaha Pattanaik to discuss their options, the focus on inclusive growth and the outlook for inflation.BreakingviewsReuters Breakingviews is the world's leading source of agenda-setting financial… Read More