The S&P 500 climbed to a record high close on Wednesday and the Nasdaq Composite Index dipped as investors weighed upbeat vaccine developments and a potential coronavirus fiscal package against a bleak private jobs report.
Former French president Valery Giscard d'Estaing died on Wednesday from complications linked to Covid-19, his foundation said. In accordance with his wishes, his funeral will take place in the strictest family intimacy, the Foundation Valery Giscard d'Estaing said on Twitter.
The United Kingdom steps forward the United States and Europe and became the first Western country to approve a Covid-19 vaccine for general use as it announced on Wednesday a rollout of Pfizer-BioNTech’s drug from next week.
U.S. officials unveiled details of their plan to distribute COVID-19 vaccines to millions of Americans starting later this month, as the United States again broke records for new coronavirus infections and hospitalizations.
By Matthew Smith for Oilprice.com – Brazil’s massive offshore oil boom, notably in the deepwater offshore pre-salt oilfields, is continuing to grow despite weaker oil prices and the sharp impact of the COVID-19 pandemic. Strong demand from Asian refiners, especially those in China, for lighter sweeter crude oils saw demand for Brazilian crude oil soar since the end of 2019.
The World Health Organization says it is very worried about the rapidly growing surge of coronavirus cases in Brazil and Mexico. WHO chief Tedros Adhanom Ghebreyesus told reporters at his regular briefing in Geneva on Monday, “I think Brazil has to be very, very serious,” in combating the surge there. He echoed the same concern for Mexico, which he said was in “bad shape.”
Asian factories continued to recover steadily in November thanks to a boom in economic powerhouse China, private surveys showed on Tuesday, offering hope the region was shaking off the drag from the COVID-19 crisis.
Over 1,300 people in Britain were inaccurately informed they were infected with coronavirus after a laboratory error at the government's NHS Test and Trace system, the Department of Health and Social Care admitted on Saturday to Reuters.
Pope Francis on Saturday installed 13 new cardinals, including the first African-American to hold the high rank, further expanding the pontiff’s impact on the group that will one day elect his successor.
Personal details of millions of Brazilians infected with Covid-19 have been exposed after passwords to systems from the Ministry of Health (MoH) were openly published online, it has been revealed.