Covid vaccine lifts stocks, Nikola’s legal bills pile up, India takes aim at Google

A breakthrough in the race to find a vaccine for Covid-19 fuelled a broad global equity rally on Monday. The FT’s Joe Miller explains what this means for managing the pandemic. Plus, India’s competition watchdog has ordered an in-depth investigation into the tight links between Google’s mobile app store and its payment service, and electric truck start-up Nikola has acknowledged for the first time that it is under investigation by the US Department of Justice in the wake of fraud allegations. Pfizer and BioNTech’s Covid-19 vaccine found to be 90% effective https://www.ft.com/content/9bde4bff-acf0-4c2a-a0d0-5ed597186496 Nikola reveals escalating legal bill after fraud claims https://www.ft.com/content/51c9de3f-7e08-4740-8a50-4f301d8ca9ae India’s competition watchdog orders Google investigation https://www.ft.com/content/f0709021-0fdb-4f0a-a85e-c807ab364ebe Hosted on Acast. See acast.com/privacy for more information.