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COVID-19 VACCINE
The US drugmaker is now set to file for an emergency use authorization from the US Food and Drug Administration.
The EU and the UK have expressed interest in securing Moderna's COVID-19 vaccine whose success was recently announced.
Crude oil prices recorded impressive gains amid high hopes that leading oil producers will suspend plans on increasing oil supply.
Russia's COVID-19 vaccine, Sputnik V, has been declared by its developers to be 92% effective.
Biden has shown an interest in multilateral diplomacy like previous Democratic administrations, and we expect this to play out in his first tenure.
Brent crude prices were up about 9.25%, breaking out of its strong resistance level of $43/Barrel.
AstraZeneca has said that its coronavirus vaccine could be ready before the end of the year.
Russia has submitted applications to the World Health Organization for approval of its COVID-19 vaccine, Sputnik V.
The experimental vaccine being developed by AstraZeneca Plc produced a robust immune response in older adults and the elderly.
Both oil contracts suffered heavy losses as reports from U.S oil rig count gained up to 211 from last week’s level of 205.
The US said it is likely to have enough safe and effective COVID-19 vaccines to inoculate Americans by the end of 2020.
A study of Johnson & Johnson’s Covid-19 vaccine has been halted over participants ailment.