Business

[ad_1] OPEC and other Russian-led oil-producing countries, trying to gauge the strength of the global economy as the coronavirus continues to rage but with vaccines on the horizon, reached a compromise on Thursday to modestly increase production in January. But talks have revealed tensions in the unwieldy group, known as OPEC Plus, which has been … Read more

[ad_1] Photographer: David Swanson / Bloomberg Photographer: David Swanson / Bloomberg Prospects for a pandemic relief package before year-end have grown dramatically as senior Republicans warmed to the idea of ​​using a $ 908 billion proposal from a bipartisan group legislators as the basis for an agreement. The plan sketched out by Republican and Democratic … Read more

[ad_1] LONDON – America’s top infectious disease expert has apologized for suggesting UK authorities rush approval of a COVID-19 vaccine, saying he has “great faith” in the country’s regulators. Dr Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, had sparked controversy with a previous interview in which he said UK regulators … Read more

[ad_1] A stall selling Christmas specialties is seen in a pedestrian area in Berlin’s Charlottenburg-Wilmersdorf district on December 3, 2020. AFP via Getty Images European stocks rose on Friday, alongside US equity futures, as investors waited to see if the latest US employment figures show the damage from the resurgence of the pandemic. Pharmaceuticals and … Read more

[ad_1] By Alexandra Alper, Humeyra Pamuk WASHINGTON (Reuters) – The Trump administration on Thursday added China’s largest chipmaker, SMIC and oil giant CNOOC to a blacklist of alleged Chinese military companies, drawing condemnation from Beijing as President-elect Joe Biden stands preparing to take up his duties. FILE PHOTO: A logo of Semiconductor Manufacturing International Corporation … Read more

[ad_1] Executives at three companies producing coronavirus vaccines said in an interview Thursday that they would try to start distributing doses immediately after their vaccine was approved by the U.S. Food and Drug Administration. “We are aiming for hours in the approval, after approval to be able to distribute,” Pfizer CEO Albert Bourla told NBC’s … Read more

[ad_1] Here’s what you need to know about a second stimulus check for 2021. Sarah Tew / CNET The best chance for a recovery plan by the end of 2020 can give up one thing tens of millions of Americans aspire to: a second stimulus check for up to $ 1,200 through qualified adult. None … Read more

[ad_1] The latest move came on Thursday when the U.S. Department of Defense added China’s leading chipmaker SMIC, oil giant CNOOC and several other companies to a list of companies that the department says are owned or controlled by the Chinese army. This means they are now subject to restrictions, including a ban on Americans … Read more