Wednesday, May 12, 2021

Latest coronavirus: United States orders enough Moderna and Pfizer vaccines to inoculate 300 million people

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Ireland will force people arriving in the country without a negative Covid-19 test to quarantine in a hotel for a fortnight, as the government tightened traffic restrictions and extended a third lockdown until March 5. Tuesday’s decision came despite signs that new infections are halving every 10 days.

Portugal has reported a record daily total of Covid-19 deaths as the country struggles to contain one of the fastest growing outbreaks coronavirus. Health officials said 291 people had died from the virus in the previous 24 hours, bringing the death toll to 11,012 in a country of 10.2 million people.

Emmanuel Macron, President of the French Republic, called on Tuesday for a “new international consensus” on economic policy in a virtual address at the Davos forum. He called for a policy that would not minimize the role of the state and the public sector like the old “Washington Consensus”, which favored fiscal rectitude and privatization.

Carlos Holmes, Colombian Minister of Defense, died Tuesday of complications from coronavirus – The country most publicized victim pandemic to date. Holmes, 69, fell ill in early January. As his situation deteriorated, he was transported from Barranquilla to the military hospital in Bogota.

A combination of two Eli Lilly Antibody Treatments – bamlanivimab and étesevimab – reduced hospitalizations and deaths from Covid-19 by 70%, according to new data from its phase III trial. The US drug maker said there were no deaths in the group taking the treatment, compared with 10 in the placebo group.

BioNTech plans to manufacture some of its Covid-19 vaccines in China for the local deployment of the jab, which he developed in collaboration with the American group Pfizer, according to Ryan Richardson, director of strategy at BioNTech. Shanghai-based BioNTech and Fosun have agreed to provide China with 100 million doses.

DR Horton raised its annual outlook after the American manufacturer generated stronger-than-expected sales in the December quarter, benefiting from low mortgage rates and strong demand from Americans looking for more space. The Texas-based company sold 45 percent more homes compared to the same period a year earlier.

GE ended tumultuous year of layoffs, debt repayments, and restructuring stronger cash flow provided that. Improved orders in GE’s energy division brought industrial free cash flow to nearly $ 4.4 billion in the fourth quarter, from a target of $ 2.5 billion. The shares rose more than 7 percent to $ 11.80 pre-trade.

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