2020年12月11日星期五

Friday Morning Briefing: Sanofi and GSK delay COVID-19 vaccine, marking setback for global fight

What you need to know about the coronavirus today

Sanofi and GSK delay vaccine
Sanofi and GlaxoSmithKline said clinical trials of their COVID-19 vaccine showed an insufficient immune response in older people, delaying its launch to late next year.

The announcement on Friday, which highlighted the challenges of developing shots at record speed, hinders efforts to develop the multiple options that experts say the world needs.

The news, which came on the same day as Australia axed a domestic vaccine project, is also a blow for many governments that have booked hundreds of millions of doses of the shot, including the European Union, United States and Britain.

Russia reports record deaths
Russia reported its highest COVID-19 daily death tally a day after official data revealed a surge in excess deaths in October that made it Russia’s most deadly month in a decade.

Russia, which began vaccinating vulnerable people in Moscow, has resisted imposing a strict lockdown as it did in the spring, relying on targeted measures instead, though the Kremlin says places like St Petersburg are nearing a “red line”.

Officials reported a record 613 COVID-19 deaths in the last 24 hours, taking the official death toll to 45,893, a total some critics call into question, pointing to the significantly elevated number of excess deaths during the pandemic.

Americans get stern holiday warning
A top coronavirus adviser to President-elect Joe Biden delivered a stern holiday message to Americans on Thursday - “no Christmas parties” - and warned they face a COVID-19 siege for weeks to come despite the latest moves toward U.S. government approval of a vaccine.

The next three to six weeks at minimum ... are our COVID weeks,” Dr. Michael Osterholm told CNN. “It won’t end after that, but that is the period right now where we could have a surge upon a surge upon a surge.”

Osterholm stressed that it would be several months before the nation sees widespread availability of vaccines.

South Korea mobilizes military
South Korea will mobilize military forces in the capital Seoul to help frontline health workers deal with a surge in coronavirus, with 689 new cases reported on Friday, and as the death toll and number of patients in critical care rose.

Of the new cases, 673 were locally transmitted, which brings the total tally to 40,786. The death toll increased by eight to 572 deaths.

The surge in cases has delivered a blow to South Korea’s vaunted pandemic-fighting system which successfully used invasive tracing, testing and quarantine to avoid lockdowns and blunt previous waves, and keep infections below 50 per day for much of the summer.

Germany braces for tougher lockdown
Germany will have to shut down more parts of society before Christmas to try and get the pandemic under control, ministers said on Friday, as Europe’s largest economy reported a record number of daily infections and deaths.

The government of the southwestern state of Baden-Wuerttemberg said German Chancellor Angela Merkel and the premiers of the 16 federal states would meet on Sunday to discuss new measures to slow the spread of the virus.

Germany registered a record number of nearly 30,000 daily new infections and almost 600 deaths, data from the Robert Koch Institute for infectious diseases showed on Friday.

Track the spread with our live interactive graphic here.

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Top Stories

The United States executed convicted felon Brandon Bernard, despite objections by some of the jurors in his trial who pleaded with the Trump administration to show mercy. Bernard’s death marked the ninth execution since Attorney General William Barr resumed the use of the federal death penalty earlier this year following a 17-year hiatus.

Georgia, Michigan, Pennsylvania and Wisconsin urged the Supreme Court to reject a lawsuit filed by Texas and backed by President Donald Trump seeking to undo President-elect Joe Biden’s election victory, saying the case has no factual or legal grounds and offers “bogus” claims.

Britain is now more likely to leave the European Union’s orbit on Dec. 31 without a trade deal than with an agreement, European Commission President Ursula von der Leyen told the bloc’s 27 national leaders, an EU official said. The United Kingdom quit the EU in January but remains an informal member until Dec. 31 when it will finally leave the bloc’s orbit after 48 years. Both sides say they want a trade deal but negotiations are deadlocked.

Almost a year since the outbreak began, COVID-19 has claimed more than 1.5 million lives, and the Wuhan wet market where it was initially detected stands empty even as the city around it has come back to life. It’s become a symbol of the fierce political and scientific battle raging around the origin of the virus with Beijing continuing to spar with the United States and other countries, accusing them of bias.

Business

Investors swap China holdings from Wall Street to Hong Kong as delisting threat brews

Global fund managers are reducing their holdings in U.S-listed Chinese companies such as Alibaba, Netease and JD.com as risks grow they will be forced off American exchanges, switching instead into shares of the companies listed in Hong Kong.

4 min read

Airbnb valuation surges past $100 billion in biggest U.S. IPO of 2020

Shares of Airbnb more than doubled in their stock market debut, valuing the home rental firm at just over $100 billion in the biggest U.S. initial public offering of 2020 and capping a bumper year in which investors flocked to tech stocks.

4 min read

UK Supreme Court enables $18.5 billion class action against Mastercard

A $18.5 billion class action against Mastercard for allegedly overcharging more than 46 million people in Britain over a 15-year period was on Friday given the green light by the UK Supreme Court.

2 min read

Electric commercial vehicle maker to go public in SPAC deal with $1.4 billion valuation

Electric Last Mile Solutions (ELMS) said on Friday it has agreed to go public through a reverse merger with blank-check company Forum Merger III Corp in a deal that values the U.S. electric commercial vehicle maker at $1.4 billion.

3 min read

Top Stories on Reuters TV

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