Trends - Coronavirus Vaccine - Business Recorder

Coronavirus Vaccine

Europe tumbles 2pc on COVID curbs and Brexit impasse

Wall Street was also set to add to losses from previous sessions as policymakers in the United States fail to agree on an economic stimulus package ahead of presidential elections next month.

Published 15 Oct, 2020 04:51pm

World

Young, healthy people may have to wait until 2022 for COVID-19 vaccine, says WHO

According to the World Health Organization’s chief scientist Soumya Swaminathan, healthy young people may have to wait as long as 2022 to be vaccinated against the coronavirus, stating that key health workers, and those in the “high-risk” category will be prioritised.

Published 15 Oct, 2020 01:24pm

Markets

European stocks dip

MILAN/FRANKFURT: European shares ended slightly lower on Wednesday, extending a decline from the previous day as...

Published 15 Oct, 2020 03:10am

Markets

Nikkei recoups losses

TOKYO: Japan’s stock benchmark Nikkei recouped early losses on Wednesday to close marginally higher, but sentiment...

Published 15 Oct, 2020 03:10am

WB approves $12bn for Covid-19 vaccines

WASHINGTON: The World Bank said Tuesday that it approved $12 billion for developing countries to finance the ...

Published 15 Oct, 2020 03:10am

G20 vows to do ‘whatever it takes’ to support economy

BRUSSELS/BERLIN/WASHINGTON: Financial leaders from the Group of 20 major economies on Wednesday underscored the...

Published 15 Oct, 2020 03:10am

Markets

Euro hits 9-day low in Europe

LONDON: The dollar index held its recent gains on Wednesday and the euro touched a nine-day low, as global equity...

Published 15 Oct, 2020 03:10am

World

IMF, World Bank marshall forces to push for aid for poorest

Despite a 5.2 percent recovery forecast for 2021, the world economy is expected to lose $28 trillion in output in the next five years.

Published 15 Oct, 2020 02:34am

Markets

Yields dip as hopes dim for pre-election stimulus deal

The benchmark 10-year yield was last down less than a basis point at 0.7223%.
"That was the main event today," he said, adding that yields so far this week were stuck in a range.

Published 15 Oct, 2020 02:28am

Markets

Latam's oil-linked currencies rise, Brazilian real abandons gains

Mexican, Colombian pesos rise as oil prices firm.
Brazil's real trades lower, joins Chilean peso in the red.
Argentina refuses to devalue currency or seize bank deposits.

Published 15 Oct, 2020 02:02am

World

G20 vows to do 'whatever it takes' to support global economy

G20 agrees in principle on debt restructuring framework.
Extends official debt payments freeze for six months.
World Bank leader sees rising risk of disorderly defaults.
IMF chief says more global cooperation needed on vaccine.

Published 15 Oct, 2020 12:53am

World

WHO fears spike in deaths after global COVID-19 surge

As ICUs see more patients, deaths may follow
'Herd immunity' only possible with a vaccine, WHO says
Young people might have to wait until 2022 for jab

Published 15 Oct, 2020 12:44am

Technology

YouTube bans coronavirus vaccine misinformation

YouTube said in an email that this would include removing claims that the vaccine will kill people or cause infertility.
Conspiracy theories and misinformation about the new coronavirus vaccines have proliferated on social media during the pandemic.

Published 15 Oct, 2020 12:37am

Markets

Gold gains on U.S. election uncertainty, economic worries

Spot gold was up 0.2pc to $1,895.41 per ounce by 0947 GMT, after shedding as much as 1.9pc on Tuesday in reaction to the dollar's jump. U.S. gold futures gained 0.2pc to $1,899.20.

Published 14 Oct, 2020 06:12pm

Markets

Dollar holds on to gains; euro touches nine-day low

The rally in global equities started to run out of steam on Tuesday and risk appetite suffered, with the dollar index seeing its biggest daily jump in three weeks.

Published 14 Oct, 2020 05:53pm

World

Germany orders more flu vaccine to protect healthcare system

The European Union had urged member states in the summer to launch early and more extensive influenza vaccination campaigns.

Published 14 Oct, 2020 05:23pm

Business & Finance

WB approves $12 billion for COVID-19 vaccines, treatments in developing countries

The financing plan, part of $160 billion in total resources that the multilateral development lender has pledged to provide to developing countries through June 2021 to help them fight the coronavirus pandemic.

Published 14 Oct, 2020 11:58am

Business & Finance

IMF sees less severe global contraction but trouble in emerging markets

The IMF forecast a 2020 global contraction of 4.4% in its latest World Economic Outlook, an improvement over a 5.2% contraction predicted in June, when pandemic-related business closures reached their peak.

Published 14 Oct, 2020 10:12am

World

China tests entire city for virus as Europe tightens controls

BEIJING: China rushed to test an entire city of nine million people within days on Tuesday after a minor coronavirus...