Global news 24 hours a day on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. I am Mark Crumpton. This is bloomberg. I am vonnie quinn. Welcome to Bloomberg Markets here are the top stories we are following. Covid vaccine in the ether again. Pfizer says a final analysis of the chemical trials data shows its vaccine was 95 effective. Free han the 90 previously. Michael stubblefield, ceo of of and later we will speak to the ceo of intact financial. It would be the biggest acquisition of a u. K. Listed company this year. A quick check of the markets. For the most part, not doing much. The s p 500 unchained. The 10 year yield under 88 basis points. Weakk dollar index a dollar index. We have a slightly smaller dollar. Investors keeping an eye on vaccine development. Tor provides materials for vaccine candidates. The president and ceo Michael Stubblefield joins us for more. Michael, you provide Raw Materials for most of these vaccines
Optimism toward a vaccine. On the other hand, bonds, we have this quiet rally. The 10 year yield firmly in this range. Bonds are pricing for the possibility of nearterm challenges around virus spread, oil stocks are looking ahead. It is not clear which side is right. Theres going to be some interesting activity ahead. David thank you so much to abigail doolittle. Fast congressional action helped bring the u. S. Economy back. Theome now one of those at center of the debate over future stimulus, republican congressman patrick mchenry. He is Ranking Member of the finance committee. As i say, i think most people agree, congress acted big and fast and help bring the economy back. Now we are seeing wobbly notes. Do we need more stimulus to avoid a double dip in the economy . Rep. Mchenry yeah, i think we do and i think the Federal Reserve agrees. Art of our country and segments of our economy are doing quite well. You have other segments, like the Restaurant Industry for instance, that are j
Melissa chan. Welcome to g. W. News asia. Thank you for joining us. Afghanistan faces a greater threat than the taliban with an increase in the number of tax claimed by Islamic State. Its capital, kabul especially, has experienced more violence. Earlier this month, gunmen stormed kabul university, killing 32. 00 people. Most of them students as g. W. Reports, theres little confidence that the government can in short, civilian safety. And there is even less hope when it comes to seeing the government negotiate a deal to end years of fighting still finds it hard to go anywhere near the university of. He was taking part in a seminar when the attackers came for the 1st time since the attack. The only topic of conversation is how to survive that day when they heard the shots, they knew something terrible was happening. Everyone was screaming, but suddenly it was quiet and we heard someone saying a prayer behind the door that was the suicide bomber right before he blew himself up. Its only t
Hes heading towards being that china is condemning the mass resignation of prodemocracy indoor makers in hong kong as a political fast. And a blatant challenge. 15 opposition. Legislator stepped down after 4 of their colleagues were expelled and the new powers to remove members of the territories parliament were deemed to be disloyal to china. A radical change for hong kongs legislature. The seats are usually occupied by hong kongs democratic parliamentarians, but now theyre empty. As the session got underway a day after the mass walkout, one of the lawmakers resigning in solidarity protested he rolled out a banner in the foyer, criticizing city leaders carry lands decision to disqualify the legislative council. Not long afterwards, the lawmakers took part in their last act, formally handing in their resignation, letters they cues beijing of trying to remove the citys autonomy and shrines in hong kongs basic law. We all know that the Central Government in government can always say they
Democracy, and say, the president should be focusing on the pandemic. Instead. Im burnt. Coffee, its good to have you with us tonight. New infections. Corona, virus infections here in europe continue to increase despite the partial walked owns imposed in many countries. Frances Prime Minister saying that the number of coronavirus patients in hospitals is now higher than it was last spring. With another person admitted every 30 seconds, france has made the pandemic, the focus of this years virtual paris peace for president emanuel microns stressed today, there must be fair access to vaccines and treatments across the globe all across europe. Tonight, hospitals are under strain including in italy, europes ground 0 in the pandemic. This time its not just the rich north thats at the for the 2nd wave is also stretching resources in naples and the poor self. 2 2 hundreds of coronavirus patients wait for hours outside the emergency ward at the continue clinic to get treatment. Relatives have