Engulfed in political and economic crises, parun gets its 3rd president in a week. And al jazeera says, recordings of one of the worlds most wanted men, trying to negotiate immunity from prosecution. With infections surging worldwide and governments struggling to response, theres been another dose of hope in the battle against covert 19 u. S. Pharmaceutical mcgurn says early tests show its vaccine is 94. 5 percent effective in preventing the virus fellow drug maker. Pfizer reported similar results a week ago. And fisher reports now from the white house the number of cases, a sort of states or bring dont reinstating limits on gatherings. Closing schools, 1000000 new cases were reported in just 6 days. The virus is killing more than 1000 people in america each day. Against that backdrop, another drug company has announced it has made a breakthrough in the hunt for the vaccine. But dana says its drug in early tests shows its 94 percent effective. We have a lot of work ahead of us knowing
Bloomberg surveillance. This is what the markets are looking at. The focus is firmly on the vaccine trial data out of moderna yesterday. The focus is of course on the fact that we could have a vaccine quicker than expected simply because it is the second trial data that is better than what analysts and watchers were thinking. This global stock rally powered by hopes that the vaccines will bolster Economic Growth was paused, partly because investors are weighing the spread of the virus. I think investors are also looking at valuations. And also, there is a bit of profit taking getting underway. Inla jumped more than 10 after hours trading after the announcement that it will join the s p 500 index on december 12. In other asset classes, treasuries drifting with the dollar. Lets get straight to the bloomberg first word news. Heres leighann gerrans. Good morning. The Trump Campaign is withdrawing a key part of its lawsuit against the Election Results in pennsylvania. It is abandoning deman
It has made a breakthrough in the hunt for a vaccine. But there are no says its drug in early tests. Sure. Its 94 percent effective. We have a lot of work ahead of us knowing the vaccine is going to be a fact. It is great news, but we still need to complete the regulatory process. The Company Hopes to have the 1st 20000000 doses ready to go before the end of the year, front line workers and those most at risk will be treated 1st before theres a bigger rule out. Thats led americas top corporate expert to warn people. They cant relax just yet. The virus is not going to stop and call a time out while, while things change the virus is just going to keep going. The process is just going to keep going. This is something that just is now going in the very, very strong right direction. President donald trump, who claimed that last weeks breakthrough announcement was delayed until after the election to damage him politically. Struck a different tone with the new vaccine tweeting out that histor
Irelands Prime Minister told bloomberg that the outline of the u. K. E. U. Trade agreement is clear on both sides, but it is not clear that Boris Johnson wants a deal. Has let is set to join the s p 500 next month as its biggest ever new member. Just one hour to go until the start of the european trading day. We have the numbers from easy just. The Lowcost Airline is he easy jet. 4. 5 . Down this is a fullyear set of numbers bearing in mind when the end of the easyjet fullyear is, in november. The revenue is attached below the estimate of 3. 08 Million Pounds. Get to something that loss, 835e, pretax million. That is one of the things we need to understand. It will not the recommending payments of a dividend. A big question for is a jet when we get to see the ceo is, is november the worst of it . Hsbc saying that november may be as bad as it gets for the european airlines. Doesnt feel that way from the aviation flight deck, for could things become more difficult as we get through the w
To be released next week. And what could be the start of humans commuting to space its friday the 13th early today starts right now thanks for being with us im frances rivera. And im phillip mena. The breaking news overnight, joe biden has flipped arizona. In the past it seemed as wide as the grand canyon the states 11 electoral votes puts bidens lead at 290 to President Trumps at 217 putting more pressure on President Trump to concede minutes after arizona was called t president tweeted, quote, biden did not win. He lost by a lot and that earned him not one but two twitter information warnings and now all eyes are on georgia where a full hand count is under way. This has been another recordbreaking week in the war against kroez. Over 159,000 cases were reported on thursday making it the ninth day in the row cases have surpassed 100,000. And its after texas passes the 1 million mark california now joining that list the alarming data comes as the mayor issues a stay at home advisory, te