SQUAWK BOX, WEDNESDAY 27TH JANUARY, 2021

Microsoft shares surge in after-hours trade on the back of strong demand for its cloud services. Guidance has also topped expectations. AstraZeneca has stood its ground over its vaccine roll-out, after Brussels slams the pharma giant for not redirecting UK-bound doses to the bloc. We hear from the GAVI CEO Seth Berkley who says that global supplies will increase soon. In corporate news, Italian lender Unicredit is reportedly set to name Andrea Orcel as its new CEO, while LVMH sees a Q4 sales boom on Asian luxury demand and has promised to pay its dividend at pre-pandemic levels despite net profit falling by more than 30 per cent last year.