Markets
United States stocks open higher to enter last week of 2020_china
His signature helped to clear away uncertainty as reinstated travel and business curbs threaten to weigh on global economic activity. The Nasdaq composite rose 0.3 percent, to 12,804.73. Australian markets were closed. In the last month investors have also been encouraged by the development of the COVID-19 vaccines, but that was slowed by the emergence of a more contagious variant of the virus i... [Full Article...]
House passes bill to hike stimulus payments to American households
President Donald Trump planned to sign the $2.3 trillion COVID-19 relief and government funding bill into law on Christmas Eve, assuaging a nation battered by the pandemic with more economic help. A two-thirds vote in both chambers is required to override a presidential veto. Trump has criticized the defense bill on several fronts, arguing without explanation that the bill benefits China. [Full Article...]
'AstraZeneca vaccine effective against new variant'
Britain's Department of Health confirmed on Sunday that the UK's medicine regulator the Medicines and Healthcare Regulatory Agency (MHRA) requires time to carry out its review of the data of the Oxford-AstraZeneca ( AZN ) coronavirus vaccine . [Full Article...]
Only 500 new COVID cases in Alberta, but fewer tests conducted
Alberta had last recorded fewer than 1,000 infections in a day on November 17, when there were 730 new cases. There have been no updates on deaths from COVID-19 for the past few days. According to the province's official COVID-19 statistics, there are 17,821 active COVID-19 cases, and there are now 821 people in hospital due to the virus, with 146 of those cases in the ICU. [Full Article...]
Elon Musk: Tesla Semi may hit 621 miles of range
His net worth has skyrocketed $100.3 billion just this year-marking the largest increase among all individuals on the index. According to the Bloomberg Billionaire Index , which tracks the wealth of the five hundred richest people on the planet, the forty-nine-year-old entrepreneur saw his net worth surge by $7.2 billion to $128 billion on Monday. [Full Article...]
Boston doctor has severe allergic reaction to Moderna COVID vaccine
The doctor said his heart rate spiked within minutes after getting the shot and his tongue prickled and went numb. Sadrzadeh has a serious shellfish allergy, according to CNN. Six severe allergic reactions to the vaccine have been reported in the U.S.as per the reports from the Centers for Disease Control . "If you have ever had a severe allergic reaction to any ingredient in a COVID-19 v... [Full Article...]
China Urges Ant Group to Get Back to Basics With Payments
Although details have not yet been disclosed about the anti-monopoly watchdog's investigation, Alibaba mentioned that all company business operations remain normal. Ant Group, which started out as a payments services for Alibaba's e-commerce platform Taobao, has since expanded to offer insurance and investment products to its hundreds of millions of users in mainland China. [Full Article...]
Ontario confirms three cases of U.K. COVID-19 variant
A study released this week by the Center for Mathematical Modeling of Infectious Diseases at the London School of Hygiene and Tropical Medicine put the rate at 56 percent more contagious. Ontario, the most populous province in Canada, reported 2,005 new cases, bringing its total case count to 171,416 on Sunday. The individual countries with the largest number of infections are the United State... [Full Article...]