Skip to content
The Japanese carmaker has unveiled the first of many electric vehicles as part of a new strategy....
Moderna (MRNA) soared a further 16% in Tuesday’s after-market trading after the biotech announced the publication of an interim analysis of the open-label Phase 1 study of mRNA-1273, its vaccine candidate against COVID-19.Results reaffirmed positive interim data assessment announced on May 18, said Moderna, and show mRNA-1273 induced rapid and strong immune responses against SARS-CoV-2. Neutralizing antibodies were observed in 100% of evaluated participants at the 100 µg dose level selected for the upcoming Phase 3 trial.Published in The New England Journal of Medicine, the interim analysis evaluated a two-dose vaccination schedule of mRNA-1273 given 28 days apart across three dose levels (25, 100, 250 µg) in 45 healthy adult participants ages 18-55 years, and reported results through Day 57.The study was led by the National Institute of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health (NIH).“These Phase 1 data demonstrate that vaccination with mRNA-1273 elicits a robust immune response...
Whilst it may not be a huge deal, we thought it was good to see that the British American Tobacco p.l.c. (LON:BATS......
(Bloomberg) -- Most Asian stocks climbed along with U.S. and European equity futures on Wednesday amid optimism that progress is being made in developing a defense against the coronavirus. The dollar edged lower.Shares in Japan, India, South Korea and Australia gained and S&P 500 contracts rose as Moderna Inc.’s Covid-19 vaccine produced antibodies in all patients tested in an initial safety trial. Shares in Hong Kong underperformed, while those in Shanghai fell amid signs policy makers are uneasy over the pace of recent gains. U.S. shares closed higher Tuesday in a volatile session, with banks mixed after JPMorgan Chase & Co. reported strong trading results, while Wells Fargo & Co. tumbled. Treasury yields rose.The yen was steady after the Bank of Japan kept its main policy settings unchanged and warned risks to the economy were to the downside. Governor Haruhiko Kuroda will speak at a press briefing later Wednesday.Risk asset volatility...
The ultra-fast-fashion retailer navigates bad press and investor fallout over factory abuse allegations....
(Bloomberg) -- With Huawei Technologies Co. barred from Britain’s future wireless networks, its two European rivals look set to split the market.The ban -- forcing phone companies to remove 5G Huawei equipment by 2027 and stop buying it by the end of this year -- is a blow to the industry, which had lobbied hard to keep Huawei, and not just because of the burden of having to redesign the next-generation networks they were already building.Read more: U.K. Bans Huawei From 5G Networks in Security Crackdown It also turns Britain’s wireless radio equipment market into an effective duopoly of Finland’s Nokia Oyj and Ericsson AB of Sweden. The companies that run Britain’s communications infrastructure will be bracing for higher prices and will have little choice but to use both Nokia and Ericsson if they are to avoid becoming dangerously reliant on either vendor.“In the short term, carriers can play one supplier...
Oil prices rose on Wednesday following a sharp drop in U.S. crude inventories, with the market waiting for next steps from a meeting later in the day on the future level of output cuts by OPEC and its allies. Brent crude futures were up 19 cents, or 0.4%, at $43.09 a barrel as of 0343 GMT, and U.S. West Texas Intermediate (WTI) crude futures rose 17 cents, or 0.4%, to $40.46 a barrel. Reflecting a recovery in fuel demand despite the coronavirus pandemic, U.S. crude inventories fell by 8.3 million barrels in the week to July 10, beating analysts' expectations for a decline of 2.1 million barrels, according to data from industry group the American Petroleum Institute....
