Économie

Moderna prices potential COVID-19 vaccine at $32-$37 per dose

Moderna prices potential COVID-19 vaccine at $32-$37 per dose Zydus Cadila's COVID-19 vaccine candidate found safe in early-stage human trials Zydus Cadila said its COVID-19 vaccine candidate was found to be safe and well-tolerated in an early-stage human trial. The findings by scientists, including those from the National Institute of Allergy and Infectious Diseases (NIAID) in the USA, show that the vaccine, known as mRNA-1273, induced neutralising antibo... [Full Article...]

India's daily coronavirus cases highest in the world for two straight days

India's daily coronavirus cases highest in the world for two straight days A record 661,892 samples were tested for COVID-19 in the last 24 hours. As of Tuesday afternoon, India had the third highest number of confirmed cases worldwide at 1.85 million. The number of coronavirus infections in India has crossed the 19-lakh mark. There was also an uptick in infrastructure and construction activities in the unlocking phase, it said, adding, contraction in production ... [Full Article...]

Virgin Galactic unveils supersonic Mach 3 jet

Virgin Galactic unveils supersonic Mach 3 jet The aircraft would also be able to incorporate custom cabin layouts to address customer needs, including business or first-class seating arrangements. Nevertheless, the stock market's initial reaction to the news was positive - boosting Virgin Galactic's share price in early trading today. Since the Anglo-French Concorde was retired in 2003, supersonic commercial flight went into a hiatus th... [Full Article...]

Covid-19: Australia's Victoria state declares state of disaster

Covid-19: Australia's Victoria state declares state of disaster Health authorities are expected to announce 429 new infections in Victoria today. Thirty six of the new cases are linked to known outbreaks and 393 are under investigation. A $5,000 grant will be available for businesses forced to close - such as restaurants, cafes, beauty parlours and gyms - which the premier said would be paid as quickly as possible. [Full Article...]

How does the Eat Out to Help Out scheme work?

How does the Eat Out to Help Out scheme work? Frederica D'Incecco, of Tapas Brindisa Battersea, in London, said that the restaurant has received lots of enquiries about the scheme and expects a large number of bookings and walk-ins. Diners can get 50% off on the scheme at participating businesses. No, you do not need a voucher to use the scheme and you can use it at the same time as other offers and discounts. [Full Article...]

Wall Street gains on Big Tech boost; Apple, Facebook hit record high

Wall Street gains on Big Tech boost; Apple, Facebook hit record high The NASDAQ on Friday jumped more than 1 percent, powered by strong earnings from some of the largest U.S. companies, but the Dow Jones Industrial Average and S&P 500 finished with smaller gains as uncertainty about the government's next round of COVID-19 aid kept economic worries on the radar. [Full Article...]

Australia unveils law forcing Google and Facebook to pay for news content

Australia unveils law forcing Google and Facebook to pay for news content The development of a mandatory code of conduct is part of the Government's response to the ACCC's Digital Platforms Inquiry final report to promote competition, enhance consumer protection and support a sustainable Australian media landscape in the digital age. [Full Article...]

TikTok bientôt interdit aux Etats-Unis

TikTok bientôt interdit aux Etats-Unis Le président américain Donald Trump signant un décret à Washington, DC, États-Unis, le jeudi 28 mai 2020. Celle-ci faisait l'objet d'une enquête du CFIUS, l'agence américaine chargée de s'assurer que les investissements étrangers ne présentent pas de risque pour la sécurité nationale . [Full Article...]

Oil prices slip as COVID-19 case surge dents fuel demand hopes

Oil prices slip as COVID-19 case surge dents fuel demand hopes US inventories fell by 10.6 million barrels last week, compared with analyst expectations for a gain, Energy Information Administration data showed . Deaths from COVID-19 topped 150 000 in the United States on Wednesday, while Brazil, with the world's second-worst outbreak, set new daily records of confirmed cases and deaths. [Full Article...]

The pandemic and iPhone SE have made Apple even richer

The pandemic and iPhone SE have made Apple even richer In the meantime, the pandemic isn't stopping people from buying existing iPhones . When asked why Apple is switching from Intel chips in its Macs, Cook said Apple silicon "gives us interesting things we could do in products, it sort of unleashes another wave of innovation". [Full Article...]

Kodak Pharmaceuticals lands $765m USA loan

Kodak Pharmaceuticals lands $765m USA loan Kodak's stock fell by 44% this year with only $115 million market capitalization. Continenza's total net worth has risen close to $80 million this week as the value of his shares rose by about $20 million and his previously near valueless stock options shot up to $58.2 million. [Full Article...]

Mitt Romney proposes compromise on logjammed pandemic aid

Mitt Romney proposes compromise on logjammed pandemic aid Tata will appear before the Senate Armed Services Committee, whose Democratic members have signaled they would oppose his nomination. "This is silly stuff", the majority leader said. Critics point out state unemployment offices have already been overwhelmed. The legislation also includes at least $100 billion more for the small-business Paycheck Protection Program, and is expected to extend a ... [Full Article...]

Hong Kong economy reels as tough virus restrictions implemented

Hong Kong economy reels as tough virus restrictions implemented A Hong Kong citizen in New Zealand is fearful of harassment and surveillance against activists here, as tension between China and western nations escalates. It also sets up Chinese law enforcement in Hong Kong and allows for anyone detained there to be extradited to the mainland. "Secondly, we have updated our travel advice to alert New Zealanders to the risks presented by the National Security... [Full Article...]

SAP to Take Qualtrics Public Through IPO

SAP to Take Qualtrics Public Through IPO At the same time, revenues from software licenses decreased 18 percent to 0.77 billion euros, a "strong sequential improvement compared with the first quarter", SAP noted. The transaction is not expected to have an impact on SAP's 2020 or longer-term financial targets. Business software group SAP plans to spin off and float Qualtrics, the USA specialist in measuring online customer sentiment tha... [Full Article...]

Man shares $22 million jackpot with friend, fulfilling 30-year promise

Man shares $22 million jackpot with friend, fulfilling 30-year promise When best mates Joe Feeney and Tom Cook shook hands in 1992, neither of them were to know it would be worth millions of dollars. Cook retired from his job when he won to spend more time with his grandchildren and great-grandchildren. 'I kind of froze and handed them to her and she froze, ' he said, pointing to his wife who was off camera. The pair chose the cash option and are each taking ho... [Full Article...]

BMW X7 Puts On A Sinister Suit With Dark Shadow Edition

BMW X7 Puts On A Sinister Suit With Dark Shadow Edition The German automaker says the new model will bear the "status of a collector's item", with only "about 500 units" scheduled to be built at its Spartanburg plant for the worldwide market from August 2020. BMW's done it often enough, having revealed 1 Series Shadow Edition , M2 Black Shadow Edition and M5 Nighthawk editions in years past. In the cabin, there's leather in a black and blue scheme... [Full Article...]

Donald Trump's Payroll Tax Cut Plan Is Now Dead

Donald Trump's Payroll Tax Cut Plan Is Now Dead Trump signs executive orders to cut prescription drug prices Liked This Article? The GOP scramble leaves the fate of the broader deal - and the $600 weekly unemployment benefits that have provided a lifeline for millions of Americans - still in some doubt. [Full Article...]

Twitter says advertising market shows signs of rebound after revenue slips 19pc

Twitter says advertising market shows signs of rebound after revenue slips 19pc Shares of San Francisco-based Twitter bounced 4% higher in Thursday trading. Twitter is not the only company to have been hit by an advertising downturn during the Covid-19 pandemic, and Google and Facebook are also expected to face the same headwinds. [Full Article...]

United States orders closure of China's consulate in Houston

United States orders closure of China's consulate in Houston US President Donald Trump said that other consulate closures were "always possible". "The story is not over yet, but the establishment of a shared fiscal mechanism is a breakthrough for European Union sovereign creditworthiness", one of S&P's top sovereign analysts, Frank Gill, said. [Full Article...]

Silver soars, gold nears record in flight to havens

Silver soars, gold nears record in flight to havens Among the best performing non-leveraged ETFs of Wednesday, the iShares Silver Trust (SLV ) was up 7.6% as Comex silver futures rose 6.7% to $23.0 per ounce. Central banks have slashed interest rates and rolled out a wave of stimulus measures to cushion the economic damage from the pandemic , helping gold prices surge over 22% so far this year. [Full Article...]


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