The head of German biotechnology outfit BioNTech thinks that his company will be file for regulatory approval of its Covid-19 vaccine before the end of 2020.
Gilead Sciences's Remdesivir antiviral treatment for the novel coronavirus may cut the risk of death by nearly two-thirds.
Producer prices in the US continued retreating last month amid sharp drops in the cost of food and in retailers' margins.
The Democratic Party's presumptive nominee vowed on Thursday to "put an end" to an era "shareholder capitalism", saying that the days of Amazon not paying federal taxes were numbered.
The International Energy Agency (IEA) raised its 2020 oil demand forecast on Friday but warned the spread of Covid-19 was still a concern and could change the outlook.
The International Monetary Fund chief economist Gita Gopinath called for governments to start “equity-like” support for firms affected by the coronavirus.
The UK's economy will shrink by more than 10% this year - the worst impact among major economies from the Covid-19 crisis, Moody's ratings agency predicted.
Shopping habits started to show tentative signs of recovery in June as lockdown measures were eased, industry data showed on Friday.
Less than 24 hours after Rishi Sunak unveiled his "plan for jobs", Boots, John Lewis and Burger King announced about 7,000 potential job cuts, raising fears about surging unemployment as the Covid-19 crisis takes its extended toll.
Weekly jobless claims in the US fell more than expected last week, according to figures released on Thursday.
China's manufacturing sector reported tentative signs of recovery in June, despite the ongoing impact of the Covid-19 pandemic on demand, official data showed on Thursday.
UK Finance Minister Rishi Sunak said he would focus on restoring public finances and the deficit once he had more clarity around the post-Covid-19 economic recovery.
Germany's trade surplus improved as expected in May but exports remained well below pre-Covid-19 levels as large trading partners continued with restrictions on economic activity.
The UK housing market showed signs of recovery in June but the Chancellor's stamp duty holiday will be needed to support transactions if the revival runs out of steam, the Royal Institution of Chartered Surveyors said.
Rishi Sunak has announced a series of measures aimed at boosting the UK economy as it emerges from lockdown, including a six-month job retention bonus for furloughed workers and temporarily slashing VAT on food and accommodation.
Gold prices have broken fresh records, despite a recent rally in equities, amid ongoing concerns about the long-term economic impact of the Covid-19 pandemic and the prospect of rising inflation.
Europe’s second top court cut German company Infineon Technologies antitrust fine on Wednesday from €82. 78m to €76. 87m.
Rishi Sunak will announce a new £2bn job creation scheme for under-25s on Wednesday as a way to support the younger generations through the unemployment surge due to the coronavirus pandemic.
Leading experts will meet to discuss the challenges posed by increasingly sophisticated 'fake news' at the 2020 edition of Cyber Polygon.
Britain imposed sanctions on 25 Russians and 20 Saudis on Monday as part of post-Brexit measures that were aimed at cracking down on the laundering of “blood money”.
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