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US stocks close higher on vaccine optimism as Biden taps ex-Fed Chair Yellen as Treasury secretary
Yellen headed the Fed from 2014 to 2018 when the S&P 500 rose nearly 60%
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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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Yellen headed the Fed from 2014 to 2018 when the S&P 500 rose nearly 60%
Pfizer and BioNTech have submitted an application to the US authorities for emergency approval on Friday
AP-003 and the Pfizer vaccine both utilize interferons, which are a natural part of the body’s innate immune system but that are blocked by the coronavirus
On Monday, rival Moderna released data showing its rival candidate had achieved 94.5% effectiveness
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Stocks tanked despite Pfizer's announcement Wednesday that its vaccine was 95% effective in preventing COVID-19
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Britain's blue-chip benchmark closed ahead by nearly 20 points at 6,385, while FTSE 250 added over 183 points at 19,699
The ultra-cold temperatures needed by Pfizer's jab may be a significant hurdle for its distribution
In Friday trading, Brent crude was above US$43 with WTI over US$40 a barrel
The world is likely to need diagnostics and treatment for many more months, even after jabs start to be rolled out
The Kremlin is planning to roll out the jab in the coming weeks
Far Limited (ASX:FAR) Far has announced a SPA with ONGC for their PSC offshore Senegal for $45m plus working cap since 1 Jan of $66.58m. The offer, whilst looking lower than might have been expected a while ago ‘represents the best option a
Investors are shifting into cyclical stocks that benefit from a recovering economy
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Economics China – Credit growth slowed in October reflecting lower issuance of government bonds and seasonal factors in October as businesses were shut because of public holidays. Aggregate Financing (CNY bn): 1,420 v 3,477 in September and
The US firm and partner BioNTech are just about to submit their jab to the US authorities. Who else is almost there?
The jab was found to be effective in over 90% of cases while there were no safety concerns
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Earlier today, Pfizer reported its vaccine candidate was 90% effective in phase III clinical trials, sending market sentiment sky high
The candidate is expected to be ready for submission to the authorities in the third week of November
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The data showed US retail sales rose 1.9% month, well ahead of estimates of around 0.6%
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The airlines are under pressure as the industry is hinging on additional aid to avoid more layoffs
The independent data monitoring committee reviewing the study did not express safety concerns