Month: November 2020

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LONDON — European stocks climbed on Monday morning as hopes rise that effective coronavirus vaccines will start to be rolled out soon. The pan-European Stoxx 600 gained 0.6% in early trade, oil and gas stocks bouncing 2.3% to lead gains as almost all sectors and major bourses entered positive territory. European markets are tracking their counterparts in Asia and the U.S. higher Monday. Hopes are raised that several coronavirus vaccines, found to be highly effective in late-stage clinical trials, could start to be rolled out in the U.S. in December. Pfizer and BioNTech on Friday applied for an emergency use authorization from the U.S. Food and Drug Administration for their coronavirus vaccine. British pharmaceutical giant AstraZeneca on Monday said an interim analysis o...

A test tube labelled vaccine is seen in front of AstraZeneca logo in this illustration taken, September 9, 2020. Dado Ruvic | Reuters LONDON — British pharmaceutical giant AstraZeneca on Monday said an interim analysis of clinical trials showed its coronavirus vaccine has an average efficacy of 70% in protecting against the virus. It comes after a string of encouraging vaccine results in recent weeks, following late-stage trial readouts from Pfizer-BioNTech and Moderna. Both Pfizer and Moderna reported preliminary results showing that their respective Covid vaccines were around 95% effective. It is hoped a Covid vaccine could help to bring an end to the coronavirus pandemic that has claimed more than 1.3 million lives worldwide. The AstraZeneca vaccine, ...

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A coronavirus related to SARS-CoV-2 has been found in Shamel’s horseshoe bats captured in Cambodia in 2010.Credit: Merlin D. Tuttle/SPL Two lab freezers in Asia have yielded surprising discoveries. Researchers have told Nature they have found a coronavirus that is closely related to SARS-CoV-2, the virus responsible for the pandemic, in horseshoe bats stored in a freezer in Cambodia. Meanwhile, a team in Japan has reported the discovery of another closely related coronavirus — also found in frozen bat droppings. The viruses are the first known relatives of SARS-CoV-2 to be found outside China, which supports the World Health Organization’s search across Asia for the pandemic’s animal origin. Strong evidence suggests that SARS-CoV-2 originated ...