Rolling coverage of the latest economic and financial news
Vaccine to stop Covid transmission should now be top priority, says leading UK scientist
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It is questionable how much longer current Covid-19 vaccines will be used as they have largely done their job in preventing mass deaths, and scientists should focus on developing a vaccine that stops transmission of t...
Piers Corbyn fined over ‘murder’ claim at Covid vaccine clinic
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Piers Corbyn has been fined £250 after accusing NHS staff at a London Covid-19 vaccination clinic of murdering people. The brother of the former Labour leader Jeremy Corbyn had arrived with a group of anti-vaxxers at ...
US restricts use of Johnson & Johnson Covid vaccine over rare blood clot risk
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US regulators on Thursday strictly limited who can receive Johnson & Johnson’s Covid-19 vaccine due to a rare but serious risk of blood clots. The Food and Drug Administration said the shot should only be given to...
Hopes rise for Covid vaccine patent waiver after key countries agree on proposal
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The World Trade Organization’s (WTO) most powerful members said on Tuesday that they had agreed on a proposed waiver on intellectual property rights for Covid-19 vaccines in the hopes of speeding up rollouts worldwide...
Covid vaccine inequity due to racism rooted in ‘slavery and colonialism’
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Racism rooted in slavery, colonialism and apartheid is responsible for higher Covid death rates among people of African and Asian descent, as well as Roma and Indigenous peoples, a UN body has said. That the vast majo...
Head of Covid vaccine taskforce to lead new unit for HRT shortages
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The head of the UK’s vaccine taskforce has been appointed to a new unit set up to help tackle the shortage in hormone replacement therapy (HRT) products. The health secretary, Sajid Javid, announced Madelaine McTernan...
Global stocks fall amid fears of new Covid lockdowns in China
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Global stock markets fell sharply on Monday as fears of new lockdowns in China added to concerns over the health of the world economy. China’s benchmark share index posted its biggest one-day tumble since February 202...
Meta investors brace for a difficult quarter after stocks nosedive
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Meta experienced a historic nosedive in value earlier this year amid a major rebrand and shake-ups to its business model – and investors are bracing for another difficult quarter. Meta lost a record $230bn in market v...