Moderna plans to submit its Covid-19 shot for regulatory approval in the US and the EU on Monday, making it the second western vaccine maker on track to start distribution in December. The Boston-based biotech’s new trial data showed its vaccine’s efficacy rate was 94.1 per cent and there were no serious safety concerns. Stéphane
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The EU will call on the US to seize a “once-in-a-generation” opportunity to forge a new global alliance, in a detailed pitch to bury the tensions of the Trump era and meet the “strategic challenge” posed by China. A draft EU plan for revitalising the transatlantic partnership, seen by the Financial Times, proposes new co-operation on
Frank Calderoni, CEO of Anaplan. Adam Jeffery | CNBC In the final leg of 2020, stocks have delivered a record-breaking rally. The Dow Jones Industrial Average recently closed above 30,000 for the first time, with the other major U.S. stock indexes hovering close to record highs. Encouraging updates on the advancement of a coronavirus vaccine
Take a look at some of the biggest movers in the premarket: AstraZeneca (AZN) – AstraZeneca is likely to run a new global trial of its Covid-19 vaccine candidate, according to CEO Pascal Soriot. He told Bloomberg News that the drugmaker may launch a fresh study testing the vaccine at a lower dosage, rather than
Former Xbox executive Elan Lee, right, co-created the Kickstarter phenomenon Exploding Kittens with … [+] The Oatmeal’s Matthew Inman and Shane Small. getty Video and tabletop game designer Elan Lee is looking to roll the dice in Los Angeles, where his home in the historic Los Feliz neighborhood is on the market for $4.995 million.
People walk into a house for sale in Floral Park, Nassau County, New York, on Sept. 6, 2020. Wang Ying | Xinhua News Agency | Getty Images Strong, Covid-induced demand from homebuyers over the summer caused an exceptionally strong spike in home prices. Values jumped 7% annually, in September, up from a 5.8% annual gain
End of Western Union Remittance Service to Cuba a Boon for Crypto As new U.S. government measures that impose restrictions on remittances to Cuba becomes effective after November 22, Western Union, which has been operating in the island nation since 1999, will close shop. The new rule, which was published on October … read more.
As Bitcoin price rallied to a new 2020 high, the open interest on CME Bitcoin (BTC) futures rose to $1.16 billion, making it the world’s largest Bitcoin futures market, according to Arcane Research. This suggests that institutional investors are relatively unmoved by the recent sharp correction in Bitcoin price. Guggenheim Partners has become the latest
The Los Angeles Department of Water and Power heads to market Dec. 8 with $248 million in water system revenue bonds that carry a negative outlook from Fitch Ratings. The bond proceeds will be used to refund all or a portion of LADWP’s water system revenue bonds, series 2011A and series 2016A maturing on July
The Asia-Pacific region enjoys stability as a whole, and broad and multiple forms of regional cooperation has produced market results. – Wu Bangguo The iShares Asia 50 ETF (NASDAQ:AIA) enables prospective investors to dabble with 50 of the largest Asian stocks. In this article, I will highlight some of the good and bad aspects of
Debt investors are betting that some of the companies most damaged by coronavirus will manage to avoid bankruptcy. Bonds issued by low-rated companies in the US have rallied 7 per cent this month, one index of triple C bonds shows — the biggest jump in more than four years. In Europe, junk bond yields have
Sen. Mike Crapo, R-Idaho, was a co-sponsor of the bipartisan Municipal Bond Market Support Act of 2011 (S.1016). That bill would have increased to $30 million from the current $10 million, the limit on small borrowers to use bank-qualified bonds.Bloomberg News The public finance sector will find an attentive audience from a new chairman of
The UK is poised to become the first western country to approve a Covid-19 vaccine, with the independent regulator set to grant approval within days. Deliveries of the vaccine developed by BioNTech and Pfizer would begin within hours of the authorisation, according to government officials. The first injections could take place from December 7. The
The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images Fintech companies are helping fuel demand for bitcoin as they open the floodgates for millions of people to trade it. By one firm’s analysis, PayPal and Square clients have been buying the majority of the new bitcoin