Canada became the third country to approve the Covid-19 vaccine developed by Pfizer and BioNTech, as it prepares to receive the first vaccines from next week. The companies will provide up to 76 million doses to the country, which has recorded 429,035 cases and 12,867 deaths since the start of the pandemic.
In an exceptionally moving speech to the Bundestag on Wednesday, German Chancellor Angela Merkel said Germany must enter a hard lockdown before Christmas to curb the spread of the coronavirus, citing the “alarming” number of people being treated for Covid-19 in intensive care services and soaring deaths.
Scottish First Minister Nicola Sturgeon told her daily on Wednesday Briefing on Covid-19 that the UK should “Learning lessons” from research suggesting that traveling from England and overseas was the main driver of a second wave of coronavirus infections in Scotland and Wales.
The biggest increase in unemployment in the UK since the start of the pandemic is among young people. But older workers are also very likely to have been fired or made redundant, and many have left the workforce. Evidence of previous recessions suggests that they will have the most difficulty finding a new job
AT&T received at least three offers which values its DirecTV satellite division unit at over $ 15 billion, a fraction of the sum the US telecommunications group paid in one high level affair Five years ago, the pandemic weighed heavily on AT&T media activity.
The United Arab Emirates, the first foreign country to approve a Covid-19 vaccine developed by Chinese state pharmaceutical group Sinopharm, said it had 86% effectiveness, according to interim results from a Phase 3 trial. The announcement is a boost to Beijing’s ambitions to establish its pharmaceutical companies.
By Dash reaches market value nearly $ 60 billion when it debuted on the stock market, capping dramatic rise for the American meal delivery company whose business flourished during the pandemic. Shares of DoorDash began trading at $ 182 on Wednesday, nearly 80% above their initial public offering price.
Hedge fund DE Shaw acquired a significant stake in ExxonMobil and pressured the oil company to cut costs, adding pressure from shareholders on management just days after another investment fund proposed a boardroom reshuffle and energy groups struggle to cope with the fallout from the coronavirus pandemic.