Japanese shares rose significantly on Friday morning following the advancements in the country's vaccination rollout which is paving the way to a smooth economic recovery. As a result, investors moved to scoop up stocks that had previously been sold off due to the wavering economic uncertainty in the previous...
The Colombian government announced on Saturday that it is due to receive an initial order of 4.4 million doses of coronavirus vaccines from the World Health Organization-backed COVAX mechanism. President Ivan Duque addressed the nation on television, explaining that this delivery would include a combination of vaccines developed by Pfizer...
The World Bank and COVAX revealed on Monday their financing mechanism intended to speed up the supply of COVID-19 vaccines to developing countries, where vaccination rollouts are occurring at a significantly slower rate than in wealthier nations. This plan will see COVAX, the global vaccine distribution program, accept advance...
Pharmaceutical manufacturer AstraZeneca has sold its entire 7.7% stake in U.S. biotech firm Moderna, raking in a revenue of more than $1 billion as a result. The English-Swedish company is looking to use the income from the sale to expand its own internal operations, namely by developing its own...
As the G20 conference in Rome gets underway, the United Kingdom has committed to delivering up to 20 million additional doses of coronavirus vaccines to developing nations in an effort to fuel the global post-pandemic economic recovery. This pledge comes after Britain committed itself earlier in the year at a...
Following the surge of a new coronavirus variant detected in various counties across the region, several Southeast Asian markets are reeling from the crippling effects of the new outbreak. Currently, an array of new lockdown restrictions have been imposed, resulting in mass factory closures and a ramping up of...
The government of the United Kingdom has reportedly entered into talks with numerous pharmaceutical companies over the possibility of receiving early access to modified versions of existing coronavirus vaccines. This move comes as the United Kingdom looks to secure its place as one of the first countries to receive...
South Korea's health ministry confirmed on Sunday that it has secured an order for 7.01 million doses of coronavirus vaccines from Moderna Inc. This is in addition to the 1.3 million Moderna doses that were delivered to South Korea earlier this month. The 7.01 million dose top-up comes after the...
A top South African health official revealed on Friday that the South African government is currently in talks with the African Union (AU) over the purchase of COVID-19 vaccines for 10 million people. Before deciding to halt the rollout of its AstraZeneca shots, the South African government had previously...
Stock futures in New York gained on Wednesday after experiencing a day of mass sell-offs amid hysteria surrounding the Omicron coronavirus variant and the uncertain impact that it may have on the economy. After closing at nearly 2% lower on Tuesday afternoon, S&P 500 futures rose by 1.22% after trading...