Sunak pledges more spending as UK emerges from pandemic

UK 2021 GDP +6.5% vs previous forecast +4.0% Credit forecasts lowered by OBR Sunak: getting started with the post-pandemic economy Sunak says government is ready to act on inflation Promise for real spending increase for all departments LONDON, Oct. 27 (Reuters) – Chancellor of the Exchequer Rishi Sunak used a stronger forecast for Britain’s post-lockdown … Read more

Novavax applies for UK authorization for COVID-19 vaccine

A woman holds a vial labeled “Coronavirus COVID-19 Vaccine” and a medical syringe in front of the Novavax logo shown in this image, taken Oct. 30, 2020. REUTERS/Dado Ruvic Oct. 27 (Reuters) – Novavax Inc (NVAX.O) said Wednesday it had completed the real-time submission of an application for the authorization of its COVID-19 vaccine candidate … Read more

France takes steps to shield its book industry from Amazon

New legislation would impose minimum shipping costs for new books Amazon delivers books for 1 cent in France Says legislation would punish rural people Paris says law needed to regulate ‘distorted competition’ PARIS, Oct. 25 (Reuters) – Sophie Fornairon’s independent bookstore has survived Amazon’s rise thanks to a French law banning price discounts on new … Read more

US FDA Advisors Support Pfizer/BioNTech Childhood COVID-19 Vaccine

A vial containing the Pfizer-BioNTech vaccine against coronavirus disease (COVID-19) can be seen in this illustration photo, taken March 19, 2021. REUTERS/Dado Ruvic Oct. 26 (Reuters) – A panel of experts voted by an overwhelming majority on Tuesday to recommend to the U.S. Food and Drug Administration the Pfizer Inc (PFE.N) and BioNTech SE COVID-19 … Read more

Vaccinated but fixed: Indians await WHO nod to homegrown shot to travel abroad

Sugathan PR, who received two doses of Bharat Biotech’s domestically developed Covaxin vaccine against the coronavirus disease (COVID-19), gathers vegetables in his vegetable garden in Pandalam village, Kerala, India Oct. 22, 2021. REUTERS/Jose Devasia PANDALAM, India, Oct. 26 (Reuters) – Stuck in a village in southern India for nine months and unable to return to … Read more

EXCLUSIVE African Union to buy up to 110 million Moderna COVID-19 vaccines – officials

WASHINGTON, Oct. 26 (Reuters) – The African Union (AU) plans to buy up to 110 million doses of COVID-19 vaccine from Moderna Inc in a deal brokered in part by the White House, which will allow delivery of some doses intended for the United States to facilitate the deal, officials told Reuters. The AU’s doses … Read more

Moderna says COVID-19 vaccine is protective, safe in young children

Medical staff prepare Moderna vaccine against coronavirus (COVID-19) to be administered at newly opened mass vaccination center in Tokyo, Japan, May 24, 2021. Carl Court/Pool via REUTERS Oct. 25 (Reuters) – Moderna Inc (MRNA.O) said Monday that the COVID-19 vaccine elicited a strong immune response in children ages six to 11 and plans to submit … Read more

Russian COVID cases hit record high as Eastern Europe imposes new curbs

A medical specialist cares for a patient at City Clinical Hospital number 52, where people suffering from the coronavirus disease (COVID-19) are treated, in Moscow, Russia Oct. 21, 2021. REUTERS/Maxim Shemetov/Files Russia reports highest number of daily infections Vaccine skepticism high in Central and Eastern Europe Red Cross warns of massive loss of life in … Read more

HSBC Allays Real Estate Concerns in China with 74% Profits Increase and $2 Billion Buyback

Third Quarter Profit Climbs to $5.4 Billion on Better Loan Outlook Costs reaching $32 billion if inflation bites $2 Billion Share Repurchases Coming Soon HSBC’s Hong Kong Shares Rise to 1.8% to 4-Month High SINGAPORE/LONDON, Oct. 25 (Reuters) – HSBC Holdings (HSBA.L) reported a surprising 74% increase in third-quarter profits as it raised concerns about … Read more

Oil prices extend gains to multi-year highs on tight supply

Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, US, March 24, 2016. REUTERS/Nick Oxford WTI Hits Highest Since October 2014, Brent Hits 3-Year High Speculators Increase Net Long Positions in US Crude Oil -CFTC US oil and gas rig numbers fall for first week in 7 – … Read more