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Pfizer to include children in COVID-19 vaccine trial

NEW YORK: Drugmaker Pfizer is expanding its late-stage COVID-19 vaccine trial to include children as young as 12, in a bid to better understand the safety and efficacy of the vaccine across more age groups. The company said on Monday (Oct 12) that it had received permission from the...

Markets

Facebook to ban Holocaust denial or distortion content

Facebook Inc said on Monday it was updating its hate speech policy to prohibit any content that denies or distorts the Holocaust.

Markets

SoftBank Vision Fund preparing blank cheque acquisition company – source

SoftBank Group Corp's Vision Fund is preparing to launch a blank cheque acquisition company and will outline plans in the next two weeks, a source familiar with the matter said, confirming comments by the fund's head Rajeev Misra.

Markets

Walt Disney restructures entertainment businesses to boost streaming

Walt Disney Co said on Monday it will manage its content under three separate groups - studios, general entertainment and sports - while housing its distribution and commercialization activities into a global media and entertainment distribution unit.

Markets

More synchronised action needed to tackle COVID economic crisis, IMF’s Georgieva says

The international community must do more to tackle the economic fallout of the COVID-19 crisis, the head of the International Monetary Fund said on Monday, publicly calling on the World Bank to accelerate its lending to hard-hit African countries.

Markets

Asian stocks set to rise as tech, stimulus hopes fuel global rally

Asian stocks were set to rise on Tuesday as a renewed tech rally and fresh optimism that Washington would deliver a coronavirus relief package helped lift global equity markets.

Markets

Investors urge heavy carbon emitters to set science-based reduction targets

Investors managing around US$20 trillion in assets on Tuesday called on the heaviest corporate emitters of greenhouse gases to set science-based targets on the way to net zero carbon emissions by mid-century.

Markets

Wisconsin says Foxconn short of 2019 jobs pledge, misses out on tax credits

A Wisconsin factory hailed by President Donald Trump as proof he was reviving U.S. manufacturing did not create enough jobs in 2019 to earn its owner Foxconn Technology Group tax credits, the state said on Monday, the second year it has missed its targets.

Markets

US$5 trillion investor group sets tougher portfolio carbon targets

Thirty of the world's largest investors managing a combined US$5 trillion said on Tuesday they plan to set targets to lower their portfolio carbon emissions by as much as 29per cent over the next five years.

Markets

Global watchdogs agree rules for stablecoins like Facebook’s Libra

Central banks set out to regulate cross-border stablecoins like Facebook's planned Libra with a common approach on Tuesday, saying more rules may later be needed to ensure stability.

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