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| | | What you need to know about the coronavirus today |
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Novavax delays U.S. vaccine trial again Vaccine maker Novavax said it has pushed back the start of a U.S.-based, late-stage trial for its experimental COVID-19 vaccine and now expects it to begin in the coming weeks instead of this month. It is the second time that Novavax, which already has a late-stage UK trial underway, has rescheduled the Phase 3 trial after first flagging an October start, due to issues in scaling up its manufacturing.
England’s infections down 30% during lockdown COVID-19 infections have fallen by 30% during England’s month-long national lockdown, and the virus is now in retreat, a large-scale study of more than 100,000 volunteers showed. England began its second national lockdown on Nov. 5 to curb rapidly rising infection numbers and protect its health system. The country is due to return to a regional approach to restrictions from Dec. 2.
Infected returnees skip quarantine in Thailand Thailand was racing to track down about 200 people in its northern provinces to stop a potential outbreak, after three Thai nationals entered the country illegally from Myanmar and tested positive days later. Three women bypassed immigration checks and entered via natural border crossings last Tuesday and Friday, skipping the mandatory quarantine for new arrivals, Chiang Rai provincial governor Prachon Pratsakul said.
Malaria death toll to exceed COVID-19’s in sub-Saharan Africa Deaths from malaria due to disruptions during the coronavirus pandemic to services designed to tackle the mosquito-borne disease will far exceed those killed by COVID-19 in sub-Saharan Africa, the World Health Organization warned. More than 409,000 people globally - most of them babies in the poorest parts of Africa - were killed by malaria last year, the WHO said, and COVID-19 will almost certainly push that toll higher in 2020. | |
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From Breakingviews - Corona Capital: Swiss vote, ABN Amro, Aussie wine. Swiss voters narrowly reject a plan to make multinationals liable for human rights abuses abroad, and Australian wine falls victim to China trade tensions. Catch up with the latest pandemic-related financial insights. | |
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| | Business |
The Trump administration is poised to add China’s top chipmaker SMIC and national offshore oil and gas producer CNOOC to a blacklist of alleged Chinese military companies, according to a document and sources, curbing their access to U.S. investors and escalating tensions with Beijing weeks before President-elect Joe Biden takes office. 5 min read | |
Volkswagen Group’s executive committee is convening on Tuesday to discuss Chief Executive Herbert Diess’s demand for a contract extension, three sources familiar with the matter told Reuters. 2 min read | |
Cyber Monday is on track to bring in a record of as much as $12.7 billion in online sales, according to latest industry estimates, surpassing Black Friday’s digital numbers as U.S. retailers reached the last leg of an extended holiday selling season caused by the COVID-19 pandemic. 3 min read | |
| Oil |
OPEC+ members will consider whether to extend existing oil cuts for three to four months or to increase output gradually from January during their two days of talks that start on Monday, OPEC+ sources told Reuters. 3 min read | |
Higher natural gas futures prices for 2021 and a continued glut of crude oil are prodding U.S. shale firms to boost gas drilling and production. Shale producers are increasing spending on natural gas, a change from the past, amid forecasts for a 45% jump in gas prices next year compared to a 15% gain for Brent prices. 4 min read | |
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