UK called to support proposal to waive patent protection for COVID-19 vaccines
The US and World Trade Organization have already expressed support for the initiative
Company
Pfizer Inc
NYSE:PFE
Pfizer Inc is a research-based biopharmaceutical company. The company is engaged in the discovery, development, manufacture, marketing, sale and distribution of biopharmaceutical products around the world. The Company operates through two segments: Biopharma and PC1.
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Moderna, Pfizer drop after US backs proposal to lift patent protection for COVID-19 vaccines to boost supply
It was first put forward by India and South Africa and is also supported by the WTO
Pfizer expects to make US$26bn annual revenues from COVID-19 vaccine
In the first quarter, vaccine revenues were US$3.5bn because the firm has been selling it for a profit, unlike other competitors
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US stocks end mixed session marked by a sell-off in Big Tech stocks
Investors got spooked by a mix of concerns about rising inflation, fears the Fed may have to pull back monetary stimulus earlier than thought, and the potential for tax increases
Coronavirus: Pfizer/BioNTech vaccine works on Brazil variant, study shows
Scientists took blood samples from people who had already received the jab and analysed it against a lab-made reconstruction of the virus
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Wall Street ends on mixed footing as big tech outperforms the Dow
IBM and salesforce shares did their part to drag down the blue chip index, losing nearly 3% and more than 6%, respectively.
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"Real world" test of Pfizer COVID-19 vaccine in Israel determines effectiveness in preventing illness
A real-world test of Pfizer’s COVID-19 vaccine in more than half a million people confirms that it’s very effective at preventing serious illness or death, even after one dose. Wednesday’s published results, from a mass vaccination campaign
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Precious Metals: Easy come's "But for how long will easy stay"
Most major miners are now very reluctant to embark on ambitious exploration and development programs. They have been punished by the markets for doing so for over the decade and are often described as capital destroyers. Instead, they have
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Dow Jones climbs to record close on coronavirus vaccine and economic stimulus benefit hopes
The Dow Jones Industrials Average ended Wednesday up nearly 74 points, or 0.2%, at 30,409.6, its highest closing mark ever
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Dow hits record intraday high after Trump signs off on $2.3 trillion spending package
Naeem Aslam, chief market analyst at Avatrade commented: “Traders are pleased that President Trump has finally given up on his demand (to increase the stimulus cheque payment to $2,000), and he has signed the coronavirus aid package bill"
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Oil price, JOG, Chariot, PetroTal, BPC. And finally…
Oil remains quietly firm, last week WTI rose by 31c and Brent by 72c and both are up c.50 cents this morning taking the latter up over 50 bucks again, but drifts in early afternoon trading. The situation remains the same, whilst virus numbe
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US stocks end mixed session as investors fret additional COVID-19 restrictions
New York City Mayor Bill De Blasio's warning of a "full shutdown" came as the US began to roll out a coronavirus vaccine designed by Pfizer and BioNTech to hundreds of distribution centers across the country
Coronavirus: UK plans to test combination of different jabs as Pfizer/BioNTech vaccine rollout starts
The studies would only involve approved jabs so they will be implemented once the Oxford vaccine receives the green light
Coronavirus: UK may implement new lockdown in January despite vaccine rollout, says JP Morgan
The country has seen a rise in infections last week despite having just ended a month-long lockdown
Coronavirus: UK to start vaccine rollout next week with 800,000 doses
It is not clear how many doses will be delivered to the UK by the end of the year
Pfizer/BioNTech to deliver 50mln doses of COVID-19 vaccine worldwide this month
The UK was the first to approve the jab and has secured 40mln doses but will not receive them all by the end of 2020
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US stocks end mixed session after S&P 500 and Nasdaq Composite hit record highs
The Dow gained more than 11% in November, notching its best one-month performance since January 1987 as the S&P 500 and Nasdaq rose 10.8% and 11.8%, respectively
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Oil price, Genel, Zephyr, Kistos, Echo, UOG. And finally…
Oil dithers waiting for tomorrow’s Opec+ meeting at which extending the 2m b/d production is in my view in the price, anything else would create uncertainty. Markets in general have rallied on the back of better international economic data
Coronavirus: UK first country to approve Pfizer/BioNTech vaccine
The rollout will begin next week and the first segments to receive it will be care home residents, health and care staff, the elderly and the clinically extremely vulnerable
Coronavirus: UK expected to approve Pfizer/BioNTech vaccine this week, acquires 2mln extra doses of Moderna jab
London is speeding up the processes to distribute the jabs, including bypassing EU authorities to issue an emergency authorisation