A dutch court finds shells nigerian subsidiary responsible for multiple pipeline leaks and or does it to pay damages to farmers. And we look at why namibia is government is auctioning off 170. 00 elephants despite the pills by conservationists im 7 asked with sports event is that cage and perrier refuses to criticize christiane around his top scorer faces a Police Investigation for breaching coded 19 rules by going on a ski trip. Alone welcome to the news hour we begin with the race to vaccinate the world against 19 and fears the poorer nations are being left behind and richer countries are rushing to secure supplies johnson and johnson has become the 1st company to announce trial results for a single dose jab it says its vaccine is 66 percent effective in preventing moderate to severe symptoms of covert 19 and plans to seek emergency authorization in the United States next week thats just a day off the American Company novaks said its vaccine was 89 percent effective in u. K. Trials b
A delayed supplies after criticism of a slow rollout so mccain has more on this now from ballin. This is the astra zeneca vaccine in use available to british patients most at risk from covert since late last month and from now on officially so too for many e. U. Citizens most at risk from the pandemic its a real pleasure to be here and to announce the 3rd positive o. Pinion for the authorize ation of the astra zeneca covert 19 vaccine this expand the range of Vaccines Available to e. U. And a Member States which will all help to bring the pandemic under control and protect the citizens of the e. U. Except that far fewer e. U. Citizens will be able to receive the vaccine for the next few months after the company cut back what it could deliver to the block astra zeneca a british swedish firm blames production problems at some of its plants and said it can only deliver fewer than half of the 80000000. 00 doses promised the europeans have complained and decided to protect all vaccine stock
President trump saying youre welcome for the market milestone, this as joe biden lays out his cabinet picks and the plan for his first 100 days. We have insight all morning long. We hear from Chris Bedford from the federalist, tennessee senator Marsha Blackburn, michigan congresswoman, Debbie Dingell and laura trump. Stimulus showdown, millions of americans are waiting for another plan the to finally get pushed through congress, treasury secretary Steven Mnuchin meantime will move unspent stimulus money out of the Federal Reserve, if you will. This is rescue money. And it needs to be reallocated by congress. So thats on nancy pelosi. Tax threats, new York Governor Andrew Cuomo promising a new income tax for the state if the government does not give out more coronavirus related aid. Okay. Keeping an eye on the Holiday Shopping season, weve got the best deals you can expect ahead of black friday and cyber monday. And mystery in the desert, an other worldly discovery in utah have people a
Foreign policy. Im tired. Ray, thank you for joining me. E. U. Leaders have not managed to end a diplomatic route that is stalling its long term budget and the release of a message and see coronavirus stimulus funding. Now poland and hungary are unhappy about plans that would allow the e. U. To block payments to countries that it decides are corrupt or violate the rule of law. Now the 2 countries say that these takut stem, the deadlock, involves some 1. 8, trillion euros, nearly half of which is aimed at helping the e. U. Deal with the effects of the pandemic. Possible to need to do in this hugging room is providing some comfort. The 2nd wave of covert 19 is heating italy just as hard as the 1st wave did in the spring, and the economic consequences are equally rough. Italy, along with many other e. U. States, is anxiously awaiting a multimillion euro e. U. Finance package to help ease the coded 19 crisis. But the funds are being blocked at a Virtual Summit on thursday. Hungary and pola
Good afternoon. Welcome once again to power lunch. Im john for tte, energy up 13 this week and financials also down about 2 . Its the regional banks seeing the most pain, first republic, pnc, truest financial leading that sector lower. And Airline Stocks all lower as we get a clearer picture of what Holiday Travel will look like in this persistent pandemic first, lets get to bob pisani for more on the Market Action today. Bob. Hello, john what happened to our value rally . Banks and things like that moving to the up side, Energy Stocks it got smacked by Covid Concerns and by the lack of stimulus. Thats a problem what do we do . Hey, lets go back and buy workfromhome stocks again. The docusigns, zoom videos, activision, some of the other tech names are barely clinging on to gains. Service, which is a big what we call a high beta mover on the day is on the up side. So are some of the Semiconductor Stocks but the rest of the Technical Area is pretty much split to the down side. Another gr