Pharmaceutical and vaccine manufacturers are racing to find a cure for covid19. One of those companies is glaxosmithkline. Based in england, and also now the largest vaccine manufacturer in the world. Its ceo is emma walmsley. She was trained in the classics in oxford, but now has a test of producing a vaccine that will cure covid19. How many times a day do people ask you when youre vaccine is going to be available . Emma [laughter] that is definitely a very regular question, whether from employees, customers, media or my mother, so very frequently. Obviously, we have all been delighted to see the recent news of the first results coming through on vaccines. Yesterday, i was on a call with 10 of the global pharma ceos who are heavily involved in bringing solutions to covid. We are excited and optimistic to see some of the first data coming through and looking forward to seeing a lot more in the next six months. We have three vaccines in the clinic and two therapeutic treatments. Everyon
The session. High intraday high russell 2000 continues its high but it, too, has faded during the session. The russell flat, the other indices negative coming up in todays show, well ask allianz chief economic adviser Mohamed El Erian about todays highs plus, the president of shopify about the companys new partnership with alipay mike santoli, tracking the market action. Meg tirrell has more news on pfi zechlt rs vaccine data and phil lebeau, covering the boeing 747 max. Mike, start us off here. Weve been dealing with a couple of issues, the market being a little stretched on the upside after that strong rally month to date. Over bullish sentiment has had a hard time getting traction, but no damage done at this point on the year to date chart were slightly above that september high by half a percent nothing damaging really happening here i wanted to zoom into the last ten days of trading or basically really more like eight days of trading, back to last monday, week ago monday. Pfizer n
Parkland School Shooting. Oh, and shes also said that democrats should be executed. House Speaker Nancy Pelosi says she is very concerned about the ongoing threats to members of congress and she says now the enemy is coming from within the house of representatives. There are new developments this morning in the effectiveness of vaccines against new coronavirus strains. Earlier results from Drugmaker Novavax show it is 89 effective against the regular strain, but only 60 effective against the variant that we are seeing in south africa. That is worrying health officials. Whats more, people in the trial who had been previously infected with the first strain are getting infected again with the new strain. So this really has the potential to change some of the framing in the battle in this pandemic. The first cases of that strain were now found in the united states. That happened for the first time yesterday. It happened in individuals who had not traveled and have no connection to each oth
How do they stay there . You dont feel inadequate being the second wealthiest man in the world . Many of the Worlds Largest pharmaceutical and vaccine manufacturers are racing to find a cure for covid19. One of those companies is glaxosmithkline. Based in england, and also now the largest vaccine manufacturer in the world. Its ceo is emma walmsley. She was trained in the classics in oxford, but now has a test of producing a vaccine that will cure covid19. How many times a day do people ask you when youre vaccine is going to be available . Emma [laughter] that is definitely a very regular question, whether from employees, customers, media or my mother, so very frequently. Obviously, we have all been delighted to see the recent news of the first results coming through on vaccines. Yesterday, i was on a call with 10 of the global pharma ceos who are heavily involved in bringing solutions to covid. We are excited and optimistic to see some of the first data coming through and looking forwa
Washington ramps up pressure on beijing. Goldman sachs raises billions for a new fund to focus on private equity. The move comes amid rising interest in secondary investing. Haidi lets look at what the day has in store at the sydney open. We are expected a muted start to trading in asia after downward pressure coming from the u. S. Session overnight. Restrictions continue to take place to curb the the Coronavirus Spread we are starting to see accelerate again, even as we get further good news on the vaccine front. Trading marginal. The u. S. Dollar held to the lowest we have seen since april 2018. We are also seeing the aussie dollar on the back foot. Nikkei futures look like they will see a muted start to trading. Shery lets get started with good news on the vaccine front. Pfizer says final Data Analysis shows its covid shot is 95 effective. The ceo of its german partner told bloomberg about plans for mass production. Our goal is to supply up to 50 million doses by 2020 which andd go