'International' category archive. Published November 23, 2020 2:45 pm (Mexico City time).

This is a static snapshot in time. For the latest 'International' news, see:  News Wire Mexico: International →

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Renewables Are Gaining Ground In New York.

The state of New York generated the largest amount of renewable electricity generation of any U.S. state east of the Mississippi last year, with renewable energy sources, including hydropower, accounting for 30 percent of New York’s electricity generation, the Energy Information Administration (EIA) said on Monday. Changes in the power generation mix in the state of New York are indicative of the general trend in the overall U.S. power mix over the past 15 years—growing shares of natural gas and renewables at the expense…

Published by OilPrice.com at November 23, 2020 2:30 pm.

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Teen who left UK to join IS should not be allowed back, Supreme Court told.

A British-born woman who went to Syria as a schoolgirl to join Islamic State should not be allowed to return to Britain to challenge the government taking away her citizenship because she poses a security risk, the UK's top court heard on Monday.

Published by Reuters at November 23, 2020 2:05 pm.

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Why Australia Is The World’s Most Exciting Mining Frontier.

After seven years of declines or zero growth, investment in Australia’s resource projects has turned the corner over the past year, driven by record gold oil prices and accelerating battery technology uptake in the energy transition. The value of committed projects—those where a final investment decision (FID) was taken—in Australia’s resource and energy sector jumped by 30 percent between November 2019 and October 2020, marking a turning point in the cycle and a change in investment style, the Australian…

Published by OilPrice.com at November 23, 2020 2:00 pm.

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Factbox: British PM Johnson sets out new COVID measures for December 2.

British Prime Minister Boris Johnson set out new measures on Monday that will come into effect when England's national COVID lockdown ends on Dec. 2, returning to a toughened tiered regional approach to reflect differences in infection rates.

Published by Reuters at November 23, 2020 1:50 pm.

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In COVID-hit Europe, even St Nicholas told to keep his distance at Christmas.

With restrictions on family gatherings, instructions not to hug and a polite request to St Nicholas to keep his distance and wear a mask, Europe is preparing for its first COVID-19 Christmas.

Published by Reuters at November 23, 2020 1:40 pm.

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Decades of work, and half a dose of fortune, drove Oxford vaccine success.

It took Oxford University's brightest minds decades of work to give them the expertise to develop a COVID-19 vaccine. In the end, it was a momentary error - and a dose of good fortune - that carried them over the line.

Published by Reuters at November 23, 2020 1:35 pm.

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FIFA ban African football head for five years after ethics investigation.

The head of African football, Ahmad Ahmad, has been banned from football for five years by FIFA following an ethics investigation by world soccer's governing body.

Published by Reuters at November 23, 2020 1:35 pm.

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Canada's Atlantic bubble disintegrates as COVID-19 cases rise.

The "bubble" pact between Canada's four Atlantic provinces has disintegrated in the face of rising COVID-19 cases across the country, as premiers in Prince Edward Island and Newfoundland and Labrador announced quarantine requirements for all travelers from outside their...

Published by Reuters at November 23, 2020 1:30 pm.

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Is This The Beginning Of The End For The Iran Nuclear Deal?

The German government says the foreign ministers of Britain, France, and Germany are meeting in Berlin on November 23 for talks focusing on the 2015 nuclear deal with Iran, days after the UN's atomic watchdog said Tehran had again breached the agreement. "Together with our partners, we strongly call on Iran to stop violating the deal and return to fulfilling all its nuclear obligations completely," a German government spokeswoman said on November 23. The meeting between German Foreign Minister Heiko Maas and his British and French counterparts,…

Published by OilPrice.com at November 23, 2020 1:30 pm.

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Encouraging Oxford vaccine results keep Britain on track for spring roll-out.

Britain is on track to make COVID-19 vaccines widely available by next spring after the shot developed by Oxford University and AstraZeneca was up to 90% effective in trials, the head of the university's Jenner Institute told Reuters on Monday.

Published by Reuters at November 23, 2020 1:25 pm.

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Bulgaria plans lockdown to contain coronavirus infection surge.

Bulgaria plans to close schools, restaurants and shops and ban all sports events, private celebrations and excursions as it struggles to contain a coronavirus case surge.

Published by Reuters at November 23, 2020 1:20 pm.

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Israel's El Al Airlines to fly 14 weekly flights to Dubai.

El Al Israel Airlines will operate 14 weekly flights from Tel Aviv to Dubai from Dec. 13, it said on Monday, joining a handful of carriers launching routes between Israel and the United Arab Emirates (UAE).

Published by Reuters at November 23, 2020 1:10 pm.

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Faltering Oil Demand Is Wreaking Havoc On The Tanker Industry.

Tanker owners had a blast in the spring: nations around the world went into lockdown, oil demand slumped, and hundreds of millions of barrels of excessive supply had to be stashed somewhere—offshore. Now, tanker rates are plummeting, and while industry insiders believe there is a light at the end of the tunnel, it is a long tunnel. The tanker market is in “cash burn mode”, said the chief executive of Diamond S Shipping, as quoted by Lloyd’s List. The amount of oil in floating storage has fallen significantly since this summer,…

Published by OilPrice.com at November 23, 2020 1:00 pm.

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OPEC experts meet ahead of next week's crucial gathering.

OPEC and its allies are bracing for a week of technical meetings to prepare the ground for next week's ministerial gathering, which is set to discuss extending oil output curbs into next year due to weak demand amid a second wave of COVID-19.

Published by Reuters at November 23, 2020 12:50 pm.

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Britain must rebuild economy with an eye on debt levels, Labour says.

Britain must rebuild its economy after the COVID-19 pandemic with one eye on rising deficit and debt levels, the opposition Labour Party's finance policy chief said on Monday, criticising the government response to the crisis as wasteful and divisive.

Published by Reuters at November 23, 2020 12:40 pm.

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Clemson coach Dabo Swinney: No reason to change team's COVID-19 safety measures.

Dabo Swinney says Clemson follows COVID-19 regulations and there's no need to keep asymptomatic players who test negative away from team.

Published by USA TODAY at November 23, 2020 12:32 pm.

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Tesla defies doubters as builds on rally ahead of S&P 500 debut.

Tesla shares rose 6% on Monday, approaching a $500 billion market value and extending gains to 27% since news a week ago that the electric car maker will debut in the S&P; 500 in December, forcing index funds to buy billions of dollars of its stock.

Published by Reuters at November 23, 2020 12:30 pm.

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Qatar Energy Exports Crash By 39%

Qatar’s total exports dropped by 35.5 percent year over year in the third quarter, dragged down by a 38.5-percent slump in exports of energy commodities and products, one of the biggest exporters of liquefied natural gas (LNG) in the world said on Sunday. The value of total Qatari exports in Q3 declined to US$11.3 billion (41.1 billion Qatari rial), down by 35.5 percent compared to the third quarter of 2019, the country’s Planning and Statistics Authority said in a statement. The main reason for the drop in exports was the decline…

Published by OilPrice.com at November 23, 2020 12:30 pm.

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Dosing error turns into lucky punch for AstraZeneca and Oxford.

A stroke of good fortune from a dosing error will pave the way for AstraZeneca and Oxford University to submit their COVID-19 vaccine for regulatory clearance.

Published by Reuters at November 23, 2020 12:25 pm.

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Qatar airport police officers charged over invasive searches of women.

Qatar's public prosecutor has filed criminal charges against an unspecified number of police officers working at Qatar's Hamad airport after women said they were invasively searched there last month.

Published by Reuters at November 23, 2020 12:20 pm.

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Italy's COVID-19 death toll passes 50,000, with 630 new fatalities.

Italy reported 630 COVID 19-related deaths on Monday, rising from 562 the day before and taking the official toll since its outbreak began in February to 50,453, according to health ministry data.

Published by Reuters at November 23, 2020 12:10 pm.

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Grandma celebrates 5th Thanksgiving with man accidentally invited to dinner after losing husband to COVID-19.

Wanda Dench and Jamal Hinton have had Thanksgiving together for four years after an accidental text. This year, they celebrated without Lonnie Dench.

Published by USA TODAY at November 23, 2020 12:04 pm.

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Airline body IATA develops mobile apps for COVID-era travel.

Global aviation body IATA is developing a set of mobile apps to help passengers to navigate COVID-19 travel restrictions and securely share test and vaccine certificates with airlines and governments, it said on Monday.

Published by Reuters at November 23, 2020 12:00 pm.

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Sudan’s Oil Industry Could Recover After Being Removed From U.S. Terror List.

In late October, as the world was transfixed by the final U.S. Presidential debate, U.S. authorities removed Sudan from the list of state sponsors of terrorism. With Sudan removed, the list has been reduced to just three countries, Iran, Syria, and North Korea. While it was on that list, all forms of cooperation between U.S. and Sudanese entities were banned. The delisting is the result of 4 years of negotiations endorsed by President Trump and by Prime Minister Abdalla Hamdok, trying to overcome a legacy spat that has soured bilateral relations…

Published by OilPrice.com at November 23, 2020 12:00 pm.

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Alaska Airlines to lease 13 new Boeing 737-9 MAX aircraft.

Alaska Air Group Inc said on Monday it would lease 13 new Boeing 737-9 MAX planes from aircraft lessor Air Lease Corp, with deliveries of the jets starting from the fourth quarter of 2021 through 2022.

Published by Reuters at November 23, 2020 11:50 am.

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BlackRock ups U.S. stocks to overweight, bullish on tech.

BlackRock, the world's largest asset manager, has upgraded U.S. equities to "overweight", turning bullish on quality large cap technology companies as well as small cap firms that tend to perform well during a cyclical upswing.

Published by Reuters at November 23, 2020 11:45 am.

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Embraer in 'active' turboprop partnership talks: exec.

Brazil's Embraer is in "active" talks with potential partners to build a new regional turboprop aircraft and could opt for a combination of industrial and financial backing, the head of the company's commercial division told Reuters.

Published by Reuters at November 23, 2020 11:35 am.

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Europe climate group calls for end to subsidies for plug-in hybrid cars.

Plug-in hybrid cars emit far more CO2 than advertised, according to tests commissioned by European campaign group Transport and Environment (T&E;), which on Monday called on governments to end subsidies and tax breaks for such models.

Published by Reuters at November 23, 2020 11:30 am.

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Libya's Oil Company Clashes With Central Bank Over Earnings.

Libya’s National Oil Corporation (NOC) will not be transferring the revenues from crude oil sales to the Central Bank of Libya until the bank adopts transparent policies on the spending of those revenues, the Libyan state oil firm said on Monday. NOC was responding to a statement from last week from the Central Bank, which, the oil firm says, provided false and misleading figures about the revenues and expenditures between January and October this year. According to NOC, the state oil firm deposited US$3.7 billion to the…

Published by OilPrice.com at November 23, 2020 11:30 am.

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NY Fed's markets head Singh says big challenges remain for economy.

The emergency lending programs set up by the Federal Reserve to support financial markets served as successful backstops, but the U.S. economy still faces major obstacles at a time when millions of Americans are unemployed, state and local governments are struggling and...

Published by Reuters at November 23, 2020 11:25 am.

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England gets new set of restrictions for end of COVID lockdown.

British Prime Minister Boris Johnson set out new measures on Monday to replace a COVID-19 lockdown in England from Dec. 2, reinforcing a previous regional approach to try to reopen businesses where infection rates are lower.

Published by Reuters at November 23, 2020 11:20 am.

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Portugal must diversify tourism-dependent economy after pandemic, government official says.

Portugal's tourism sector is set to lose 60,000 jobs this year alone due to the impact of the coronavirus outbreak and a recovery is still far off, Tourism Secretary Rita Marques said on Monday.

Published by Reuters at November 23, 2020 11:10 am.

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Serum Institute to focus on supplying COVID-19 vaccine to India first.

The Serum Institute of India, the world's largest manufacturer of vaccines by volume, will first focus on supplying AstraZeneca Plc's COVID-19 vaccine to Indians before distributing it to other countries, Serum's Chief Executive Adar Poonawalla said on Monday.

Published by Reuters at November 23, 2020 11:00 am.

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Australia’s Ambitious $16 Billion Solar Project Will Be The World’s Biggest.

The world’s most ambitious renewable energy project to date is the proposed Australia–ASEAN Power Link. This project would combine the world’s largest solar farm, the largest battery, and the longest undersea electricity cable. The 10 gigawatt (GW) solar farm would cover 30,000 acres in Australia’s sunny Northern Territory. That is about the equivalent of 9 million rooftop solar photovoltaic (PV) panels. The solar farm would be paired with a 30 gigawatt-hour (GWh) battery storage facility to enable round-the-clock dispatch…

Published by OilPrice.com at November 23, 2020 11:00 am.

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U.S. infectious disease group backs Gilead's remdesivir for COVID-19 treatment.

The top U.S. infectious disease medical association said on Monday that Gilead Sciences Inc's antiviral drug remdesivir should be used for hospitalized COVID-19 patients despite a World Health Organization (WHO) recommendation last week against its use.

Published by Reuters at November 23, 2020 10:50 am.

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EU plans easier access to generics in potential blow to big drugmakers.

The European Commission wants to make it easier for patients to access cheaper, generic medicines, a draft EU document seen by Reuters shows, in a move that could cut the revenues of big pharmaceutical firms.

Published by Reuters at November 23, 2020 10:40 am.

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Six tips for Thanksgiving: How to celebrate the holiday safely during the pandemic.

Stay at home. Keep gatherings small. Keep your distance. Wash your hands.

Published by USA TODAY at November 23, 2020 10:33 am.

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Oil sees wave of fund buying on early COVID immunisation hope: Kemp.

Hedge funds started to become more bullish on the outlook for oil last week amid rising hopes a successful coronavirus vaccination programme will enable the early resumption of business activity and air travel.

Published by Reuters at November 23, 2020 10:30 am.

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Major Metals Producer Pivots To Renewables.

Australia-based iron ore giant Fortescue Metals Group Ltd plans to start producing renewable energy from wind, solar, hydrogen, and ammonia in 2022 or 2023, with an ultimate goal to have as much as 236 gigawatts (GW) of clean energy capacity, founder and chairman Andrew Forrest told Bloomberg in an interview on Monday. Fortescue Metals Group, set up in 2003, currently exports 175 million tons to 180 million tons of iron ore annually, and, according to Bloomberg, the firm is the world’s fourth-largest exporter of iron ore. Fortescue…

Published by OilPrice.com at November 23, 2020 10:30 am.

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Turkey cries foul at German attempt to police Libya blockade.

Germany accused Turkey on Monday of preventing German forces belonging to an EU military mission from fully searching a Turkish cargo ship that they suspected of taking weapons to Libya, a move Ankara said was a violation of international law.

Published by Reuters at November 23, 2020 10:05 am.

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U.S. federal government awards transportation contract to Uber, Lyft.

Uber Technologies Inc and Lyft Inc have been awarded a federal contract worth up to $810 million to offer their ride-hail services to public agencies and their more than 4 million employees and contractors across the country.

Published by Reuters at November 23, 2020 10:00 am.

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Abu Dhabi Adds 2 Billion Barrels To Its Oil Reserves.

Abu Dhabi has increased its total oil reserves by 2 billion barrels to 107 billion barrels thanks to new discoveries, the emirate’s Supreme Petroleum Council said on Sunday. The council also announced Abu Dhabi had 22 billion barrels of unconventional oil reserves to date, again thanks to new discoveries onshore. This amount is larger than the reserves contained in Abu Dhabi’s fields in development and, according to the Supreme Petroleum Council, could rival the U.S. shale boom. “Today’s announcement by the SPC of the discovery…

Published by OilPrice.com at November 23, 2020 10:00 am.

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U.S. manufacturing, services activity expanding rapidly in November: IHS Markit.

U.S. business activity expanded at the fastest rate in more than five years in November led by the quickest pickup in manufacturing since September 2014, a survey showed on Monday in an indication the economy keeps making progress at clambering out of the COVID-19 recession...

Published by Reuters at November 23, 2020 9:55 am.

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El Salvador’s Odd Military Deployment to Stop Drugs at Honduras Border.

El Salvador’s Odd Military Deployment to Stop Drugs at Honduras Border
The President of El Salvador, Nayib Bukele, has ordered the Army to increase operations along the country's border with Honduras, in the northern department of Chalatenango in order to combat transnational drug trafficking. The measure, however, seems to overlook the primary points of cocaine entry into the country.

Published by InSight Crime at November 23, 2020 9:46 am.

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GM will recall 5.9 million vehicles for air bag issue: safety agency.

General Motors Co will recall 5.9 million vehicles with potentially dangerous Takata air bag inflators after a U.S. safety agency said Monday it had rejected the Detroit automaker's petition to avoid the callback.

Published by Reuters at November 23, 2020 9:45 am.

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'Very stressful': COVID-19 surge slices U.S. demand for big Thanksgiving turkeys.

All summer, Greg Gunthorp slaughtered and froze 15- to 24-pound turkeys on his northeastern Indiana farm for Thanksgiving sales to retailers, restaurants and families across the Midwest.

Published by Reuters at November 23, 2020 9:35 am.

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NFL Week 11 winners, losers: Chiefs get their revenge, Cowboys rise again.

Quarterbacks took the spotlight in Week 11, with Patrick Mahomes and Taysom Hill showing Sunday exactly what they're capable of.

Published by USA TODAY at November 23, 2020 9:32 am.

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AstraZeneca CEO says smaller first dose in COVID-19 vaccine is 'big plus'

AstraZeneca's chief executive officer Pascal Soriot said on Monday that the lower first dose of its experimental COVID-19 vaccine meant more people can be vaccinated more quickly, as the British drugmaker unveiled interim late-stage trial results.

Published by Reuters at November 23, 2020 9:30 am.

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Houthis Rebels Attack Saudi Oil Facility.

The Houthi rebels in Yemen said today they had fired a missile against a target in the Saudi city of Jeddah and had hit it, Reuters reports, citing their statement. The target was a distribution center property of Saudi Arabia’s state oil company Aramco. The group also warned that “operations will continue,” advising foreign companies and residents of Saudi Arabia to be cautious. The report comes a week after Saudi Arabia said it had thwarted a Houthi attack on an oil products terminal near the border between the Kingdom and Yemen.…

Published by OilPrice.com at November 23, 2020 9:30 am.

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U.S. screens highest number of airline passengers since March.

The U.S. Transportation Security Administration said it screened 1.047 million passengers on Sunday, the highest number since mid-March.

Published by Reuters at November 23, 2020 9:15 am.

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China Looks To Surpass The U.S. As The World’s Biggest Oil Refiner.

China is about to become the country that possesses the most refining capacity in the world due to closures of refineries in the current number-one refiner, the United States. “China is going to put another million barrels a day or more on the table in the next few years,” Steve Sawyer, director of refining at energy industry consultancy Facts Global Energy, told Bloomberg in an interview. “China will overtake the U.S. probably in the next year or two.” Indeed, China has 1.4 million bpd in new refining capacity under construction.…

Published by OilPrice.com at November 23, 2020 9:13 am.

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Williams restructures midstream contracts with bankrupt Chesapeake.

Pipeline operator Williams Companies Inc said on Monday it will take ownership of some of Chesapeake Energy Corp's assets in exchange for accepting lower gas gathering fees from the bankrupt shale producer.

Published by Reuters at November 23, 2020 9:10 am.

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Surge in greenhouse gases sustained despite COVID lockdowns: U.N.

Greenhouse gas concentrations climbed to a new record in 2019 and rose again this year despite an expected drop in emissions due to COVID-19 lockdowns, the World Meteorological Organization said on Monday, warning against complacency.

Published by Reuters at November 23, 2020 9:00 am.

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MiB: Generating Performance via Concentrated Growth.

What if your investing process was to find attractive companies to buy, regardless of style, size, or location? Once you have identified which of these companies have the greatest growth potential, figuring out the best home for it is almost secondary. Surprisingly, this is the opposite philosophy of how most mutual funds operate.…

Published by The Big Picture at November 23, 2020 9:00 am.

The Big Picture →
China sets launch window for mission to moon.

China plans to launch an unmanned spacecraft to the moon between 4 am and 5 am Beijing time on Tuesday (2000-2100 GMT on Monday), the official Xinhua news agency said, citing information from the country's National Space Administration.

Published by Reuters at November 23, 2020 8:50 am.

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Greece considers capital boost for Aegean Airlines, shares fall.

Greece is considering a capital injection of around 120 million euros ($142.55 million) for Aegean Airlines, the government said on Monday, adding the nation's biggest carrier was crucial to the tourist-reliant economy.

Published by Reuters at November 23, 2020 8:40 am.

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Exclusive: JPMorgan dominates gold market with record $1 billion precious metals revenue.

JPMorgan has earned record revenue of around $1 billion so far this year from trading, storing and financing precious metals, vastly outperforming rival banks, two sources familiar with the matter told Reuters.

Published by Reuters at November 23, 2020 8:35 am.

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Pregnant women haven’t been included in promising COVID vaccine trials.

Vaccine trials have had promising results, but a lack of testing makes it unclear whether they'll be safe for those who are pregnant.

Published by USA TODAY at November 23, 2020 8:33 am.

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Britain on track for spring vaccine roll-out after Oxford results, researcher says.

Britain is on track to make COVID-19 vaccines widely available by next spring after the shot developed by Oxford University and AstraZeneca was up to 90% effective in trials, the head of the university's Jenner Institute said on Monday.

Published by Reuters at November 23, 2020 8:30 am.

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NBA players meet with Pope Francis at Vatican to discuss social justice, per reports.

Pope Francis is hosting five NBA players and union president Michele Roberts on Monday, according to multiple reports.

Published by USA TODAY at November 23, 2020 8:15 am.

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FTSE 100 rises; AstraZeneca down after vaccine data.

London stocks extended a three-week rally on Monday as investors bet on swift approvals for some COVID-19 vaccines, but shares of AstraZeneca fell after its vaccine data disappointed some traders.

Published by Reuters at November 23, 2020 8:10 am.

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Barcelona bars spring back to life after five-week coronavirus closure.

Bustling waiters and the smell of coffee returned to Barcelona's pavements on Monday as bars and restaurants in the Spanish region of Catalonia reopened in a phased easing of coronavirus restrictions.

Published by Reuters at November 23, 2020 8:05 am.

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Futures rise as vaccine progress fuels recovery hopes.

U.S. stock index futures rose on Monday as hopes that the first COVID-19 vaccine could be available within weeks renewed bets of a swift economic recovery next year.

Published by Reuters at November 23, 2020 7:55 am.

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Canada police conduct under microscope in witness testimony for Huawei CFO's U.S. extradition case.

Witness testimony in Huawei Chief Financial Officer Meng Wanzhou's extradition case this week will be largely focused on the behind-the-scenes conduct of Canadian police in the lead-up to Meng's arrest two years ago on a warrant from the United States, moving away from her...

Published by Reuters at November 23, 2020 7:50 am.

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Coronavirus updates: Third vaccine candidate 90% effective; November infections explode; New York City has 650 bodies in freezer trucks.

A third vaccine candidate with positive news: AstraZeneca says its shot is 90% effective. Nevada is under 'statewide pause.' Latest COVID news.

Published by USA TODAY at November 23, 2020 7:46 am.

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As the pandemic rages, more are flying despite CDC pleas not to travel for Thanksgiving.

TSA numbers show millions passing through U.S. airports for Thanksgiving travel, despite CDC warnings amid the COVID-19 pandemic.

Published by USA TODAY at November 23, 2020 7:33 am.

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A PICTURE AND ITS STORY: Pictures of the Year.

From the coronavirus pandemic to the anti-racism protests following the death of George Floyd, Reuters photographers were on the ground covering the most important stories of the year.

Published by Reuters at November 23, 2020 7:30 am.

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Bank of England's Haldane sees lasting scars from COVID-19 crisis.

The coronavirus crisis will leave lasting scars in the form of higher debt and unemployment, missed education and mental health problems, especially for people on the lowest incomes, Bank of England Chief Economist Andy Haldane said.

Published by Reuters at November 23, 2020 7:10 am.

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Merck adds experimental COVID-19 therapy with OncoImmune deal.

Merck & Co Inc has agreed to acquire drugmaker OncoImmune in a deal that will give it control of a drug that could help ease symptoms and reduce deaths in patients with severe or critical cases of COVID-19.

Published by Reuters at November 23, 2020 7:00 am.

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'A new era': Success of Pfizer and Moderna COVID-19 mRNA vaccines a major breakthrough.

Coronavirus vaccines from Pfizer and Moderna are based on messenger RNA technology that could transform the way science fights diseases.

Published by USA TODAY at November 23, 2020 7:00 am.

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Breakingviews - Corona Capital: Cineworld, Travel bubbles, Danone.

Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.

Published by Reuters at November 23, 2020 6:54 am.

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German states favour extending COVID-19 lockdown to boost Christmas prospects.

Many of Germany's 16 federal states favour extending a partial shutdown meant to slow the spread of the COVID-19 pandemic and make family gatherings over Christmas possible, two state premiers said on Monday.

Published by Reuters at November 23, 2020 6:50 am.

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Breakingviews - Vaccine euphoria may be headed for a reality check.

On a sinking ship, women and children are typically saved first. In a pandemic the opposite is true. After AstraZeneca on Monday became the latest drugmaker to say its vaccine offers high levels of protection from Covid-19, elderly citizens have high hopes of getting their...

Published by Reuters at November 23, 2020 6:35 am.

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Rush for emerging market company bonds as investors look beyond COVID-19.

Investors are buying up debt of everything from Brazilian airlines to Indian ports, hastened by a hunt for yield and default levels among emerging market companies below that of U.S. peers.

Published by Reuters at November 23, 2020 6:25 am.

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Germany says Turkey stopped it checking ship for arms-running to Libya.

Turkey prevented German forces belonging to a European Union military mission carrying out a full search of a Turkish cargo ship that they suspected of taking weapons to Libya, both countries confirmed on Monday.

Published by Reuters at November 23, 2020 6:20 am.

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AstraZeneca says its COVID-19 vaccine 'highly effective' in preventing disease.

A vaccine developed by AstraZeneca prevented 70% of people from developing COVID-19 in late-stage trials, according to the company's research team.

Published by USA TODAY at November 23, 2020 6:00 am.

USA TODAY →
Inuit activist Sheila Watt-Cloutier on the cultural value of ice and snow.

Inuit activist Sheila Watt-Cloutier grew up in the northern Canadian territory of Nunavut. Until she was 10, she traveled only by dog sled. “And so we were very much connected to the ice, the snow, and the cold,” she says. ...

Published by Yale Climate Connections at November 23, 2020 6:00 am.

Yale Climate Connections →
Germany, France and Britain to discuss Iran nuclear deal on Monday - Germany.

German Foreign Minister Heiko Maas is meeting his French and British counterparts in Berlin on Monday for talks focussing on the nuclear deal with Iran, a German foreign office spokeswoman said, adding Iran was violating the agreement systematically.

Published by Reuters at November 23, 2020 5:55 am.

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AstraZeneca to discuss with U.S. FDA changing vaccine trial design.

AstraZeneca will start discussions this week with the U.S. Food and Drug Administration (FDA) to change the design of its experimental COVID-19 vaccine trial to add a likely more effective dosage regime, a senior executive said on Monday.

Published by Reuters at November 23, 2020 5:50 am.

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Analysis: With end of crisis programs, Fed faces tricky post-pandemic transition.

The possible arrival of a coronavirus vaccine in the coming weeks means the Federal Reserve may soon have to lay out its plans for helping the economy navigate the potentially choppy transition to a post-pandemic world.

Published by Reuters at November 23, 2020 5:45 am.

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AstraZeneca will have enough COVID-19 vaccine for 200 million doses this year.

AstraZeneca will have enough of its candidate vaccine for 200 million doses by the end of 2020, with drug substance for 700 million doses by the end of the first quarter of 2021 globally, operations executive Pam Cheng said on Monday.

Published by Reuters at November 23, 2020 5:40 am.

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Euro zone business activity shrinks but vaccine hopes boost optimism: Reuters/Ipsos poll.

Euro zone business activity contracted sharply this month as renewed lockdowns forced many firms in the bloc's dominant service industry to close temporarily, although news of possible vaccines boosted hopes for 2021, surveys showed on Monday.

Published by Reuters at November 23, 2020 5:30 am.

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10 Monday AM Reads.

My back to work morning train WFH reads: • Zillow Surfing Is the Escape We All Need Right Now: Scrolling through real estate listings in far-flung destinations is a way to visualize an alternate life, whether you’re trying to move or not. (New York Times) • Tesla’s Addition to S&P; 500 Shows Why Indexes Are…

Published by The Big Picture at November 23, 2020 5:30 am.

The Big Picture →
Sterling rallies on vaccine and Brexit deal optimism.

Sterling rallied on Monday as more positive news about a potential COVID-19 vaccine propelled investors to buy riskier currencies and offset concerns about whether Britain and the European Union can clinch a Brexit trade deal.

Published by Reuters at November 23, 2020 5:10 am.

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Indonesia hits half million virus cases as infection spike strains hospitals.

Indonesia reached a grim milestone on Monday in surpassing more than half a million coronavirus cases, as average new daily infections hit a record and hospitals in the country's most populated province edged closer to capacity.

Published by Reuters at November 23, 2020 5:05 am.

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Euro zone corporate vulnerability at levels seen in debt crisis: ECB.

Euro zone firms are increasingly vulnerable amid a pandemic-induced recession but public support, including cheap cash from the European Central Bank, have limited the damage so far, a new ECB report showed on Monday.

Published by Reuters at November 23, 2020 5:00 am.

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UK economy shrinks as new lockdown shuts services firms: PMI.

British business activity has contracted in November as a new wave of coronavirus restrictions hammered the huge services industry, but news of possible vaccines have boosted hopes for 2021, a survey showed on Monday.

Published by Reuters at November 23, 2020 4:55 am.

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Instant view: AstraZeneca says its coronavirus vaccine can be around 90% effective.

AstraZeneca said on Monday its vaccine for the novel coronavirus could be around 90% effective without any serious side effects, giving the world another important tool to halt the COVID-19 pandemic.

Published by Reuters at November 23, 2020 4:50 am.

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In Malaysia's Sabah, pandemic rages as migrants flee testing.

Some flee on boats. Some hide in the stilts under their homes. Others run into the woods.

Published by Reuters at November 23, 2020 4:40 am.

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European shares extend rally on vaccine cheer, M&A support.

European shares jumped on Monday as encouraging developments around a coronavirus vaccine spurred bets of a faster economic revival globally, even as a surge in infection rates clouded near-term outlook.

Published by Reuters at November 23, 2020 4:35 am.

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Malaysia to shut some Top Glove factories in phases amid virus outbreak.

Malaysia will close some of Top Glove's factories in stages as it moves to screen employees for coronavirus following a big jump in infections, a senior minister said on Monday.

Published by Reuters at November 23, 2020 4:30 am.

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Danone lays out productivity plans in virus-led restructuring.

French food group Danone laid out plans on Monday for becoming a more efficient organisation in a post-COVID world, including by cutting costs, trimming product ranges and reorganising its business.

Published by Reuters at November 23, 2020 4:20 am.

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Q&A: Where are we in the COVID-19 vaccine race?

Drugmakers and research centres aroundthe world are working on COVID-19 vaccines, with large globaltrials of several of the candidates involving tens of thousandsof participants well underway.

Published by Reuters at November 23, 2020 4:10 am.

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Instant View: AstraZeneca says its coronavirus vaccine can be around 90% effective.

AstraZeneca said on Monday its vaccine for the novel coronavirus could be around 90% effective without any serious side effects, giving the world another important tool to halt the COVID-19 pandemic.

Published by Reuters at November 23, 2020 4:05 am.

Reuters →
Thai woman alleges sex abuse in school then faces storm of criticism.

A row over a Thai woman who held up a placard alleging sexual abuse in schools has put a spotlight on harassment in the education system even as she draws threats of legal action for misrepresentation and attacks for soiling Thailand's image.

Published by Reuters at November 23, 2020 3:55 am.

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Alpha Bank picks Davidson Kempner as preferred bidder for $12 billion bad loans.

Greece's Alpha Bank said on Monday that it picked U.S. investment fund Davidson Kempner as its preferred bidder to buy a 10.8 billion euros ($12.81 billion) portfolio of non-performing loans in what will be Greece's largest-ever sale of bad debt.

Published by Reuters at November 23, 2020 3:50 am.

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Back to normal after Easter: UK aims to roll out COVID vaccines next month.

Britain will seek to start administering a COVID-19 vaccine before Christmas with the bulk of the rollout at the start of the new year, with life getting back to normal after Easter, health minister Matt Hancock said on Monday.

Published by Reuters at November 23, 2020 3:45 am.

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UK's competition regulator looking at formal investigation into Google.

Britain's competition regulator the CMA said on Monday it had received a complaint about Google related to its market study on online platforms and digital advertising earlier this year.

Published by Reuters at November 23, 2020 3:42 am.

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Pope says his brush with death helps him relate to Covid victims.

Pope Francis says in a new book that he can relate to people in intensive care units who fear dying from coronavirus because of his own experience when part of his lung was removed 63 years ago.

Published by Reuters at November 23, 2020 3:40 am.

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AstraZeneca COVID-19 vaccine can be 90% effective, results show.

Britain’s AstraZeneca said on Monday its vaccine for the novel coronavirus could be around 90% effective without any serious side effects.

Published by Reuters at November 23, 2020 3:30 am.

Reuters →