With its trial. There were two trial participants. One had efficacy of 90 . The other was lower than that, in the 60s. You average that, and it its about 70 . We will see how the market is moving on that. We want to welcome now to our bloomberg tv and radio on a sense Radio Audience astrazenecas executive vice president. It is really good to see you. When itways welcome, comes to good news over solid vaccines. The question it seems people want insert is talk about that 90 efficacy. That seems to have been a smaller group. Give me some insight into it. How many confirmed cases were there in that group . Try tot of all, let me summarize the headline data. Overall, we have seen efficacy about two efficacy of up to 90 and about half of those in the Clinical Trial. We have seen roughly 3000 volunteers in that cohort of the Clinical Trial, and it was highly significant that we saw less infections, and in fact, across all of the cohorts, you other the cohorts, whether you had the full dose, t
At any moment in wilmington, delaware. It will be the former Vice President s first oncamera comments since election day, election night. Of course, last night. And were going to take you there as soon as it happens. And President Trump has yet to be seen today, but he is using the twitter microphone to blast the process of tabulating votes across the nation. Wisconsin, the latest state in the biden column as we just told you. The fox news decision desk awarded it to the vp, as we said, in about 12 minutes. The number of votes separating the candidates, razor thin. So the Trump Campaign has called for a recount. In michigan the counts still ongoing at this hour. The secretary of state saying we could see unofficial results by the end of the day. Biden with a slight lead at the moment. Now in pennsylvania more than a million votes remain to be counted. The president holds a 500,000vote lead. Team trump believes it can hold on in the keystone astronaut, but we likely will not keystone st
I believe we are wrangling about waiting a week or two to do it. Dialogue, itest seems, in the United Kingdom. British way ofry approaching things, isnt it, tom, trying to do with all. Ventualities finally you come to a decision and you are concerned if it is the correct one. It is the correct one at this point in time. We are watching with great hasrest how the debate become so politicized. We are scratching our heads, trying to figure out whether it is the right thing to do, but it is not politicized the same way as in the states. You mentioned in the headlines, the president finally wearing a mask to walter reed. That is may be a big step in the right direction. One angles certainly there. Us with an will join update, leading the way, the effect on the economy and of course across the different markets. With news in new york city, here is ritika gupta. Ritika good morning. 15,300 newed record coronavirus cases in florida, the biggest oneday rise since the outbreak in the u. S. The n
Economy remain strong. The unplanned rate has been near halfcentury lows for more than a year. Job gains solid in wages have been rising. These strong labor Market Conditions have underpinned solid household spending, which has been the key driver of Economic Growth over the past year. Fomc meetingf our in january, prospects for growth remain favorable. Judge that monitoring policy was wellpositioned to support that outlook. Since then, the spread of the coronavirus has brought challenges and risks. The virus has afflicted many communities around the world and our thoughts and prayers go out to those who have been harmed. The art break has disrupted Economic Activity in many countries and has prompted movement in Financial Markets. To virus and measures contain will weigh on Economic Activity, both here and abroad for some time. We are seeing effects on tourism and travel industries and hearing concerns from industries that rely on Global Supply chains. The magnitude and persistence of
On a potential drug that might help combat the virus. 59 basis points on the 10 year yield. Stimulus, moreal details, and whether congress will be around next week. Guy there seems to be some incentive for them to stick around. In europe, stocks are at session lows. The stoxx 600 down 20 , the ftse we have beener, positive and negative and now we are negative again. In terms of what we are seeing on the periphery of europe, italy coming out and offering its response to the brunt of virus. Its economy remains flat on its back with millions of people quarantine. Btp down 13 basis points. Lets start in the United Kingdom. Punch from the u. K. To counter the coronavirus. I 39 billion stimulus package, 30 billion pounds. This coming out after the bank of england announced a 50 basis point rate cut. Although the magnitude of the economic shock from coronavirus is highly uncertain, activity is likely to weaken materially in the u. K. Over the coming months. Temporary but significant disruptio