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OPEC+ starts meetings to support oil market amid COVID-19

The Organization of Petroleum Exporting Countries and allies, known as  OPEC+, are holding meetings starting on Monday to highlight ways to…

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IEA says coronavirus vaccines unlikely to rescue oil market soon

The International Energy Agency (IEA) said on Thursday it does not expect the prospect of a coronavirus vaccine to significantly…

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Amazon enters online pharmacy business

Amazon.com launched an online pharmacy called Amazon Pharmacy, allowing customers in the US to order prescription medications for home delivery,…

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Moderna vaccine found 94.5% effective in preventing COVID-19

 Moderna Inc on Monday said its experimental vaccine was 94.5% effective in preventing COVID-19 based on interim data from a…

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Pfizer says final data shows coronavirus vaccine is 95% effective

 Pfizer and BioNTech said on Wednesday that a final data analysis found their coronavirus vaccine was 95% effective in preventing…

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FDA authorizes Regeneron’s Covid treatment, taken by Trump, for emergency use

KEY POINTS The experimental therapy was given to President Donald Trump when he contracted the coronavirus in October. Regeneron submitted…

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JPMorgan becomes first major bank to say first-quarter GDP will decline because of Covid surge

KEY POINTS JPMorgan, in its 2021 outlook, now says first-quarter growth will be negative due to the spreading virus and…

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