English News
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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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Maersk sees faster-than-expected quarterly rebound
Maersk, the world’s largest container shipping firm, matched third-quarter profit expectations amid a stronger-than-expected upswing in demand, CNBC reported on…
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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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Tourism minister takes part in WTM 2020 virtual exhibition
World Tourism Market (WTM) 2020 virtual exhibition kicked off on Monday, keeping global travel conservation alive through connecting tourism professionals…
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Ripple Price rejected from a critical resistance level again, hinting at a pullback
XRP price has hit the critical resistance barrier at $0.26 again and got rejected. The price is now bounded between…
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FOMO supports Bitcoin purchases again
Biden won the election, and Bitcoin managed to stay above $15K. This is the main news of the past week and the weekend. Bears…
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German government’s advisory council sees 2020 GDP contracting by 5.1%
The German government’s economic advisory council predicts the country’s GDP contracting by 5.1% in 2020 due to the coronavirus pandemic,…
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Arab states are loading up on debt
Big borrowing to cope with covid-19 has not translated into big stimulus Tourists may not have returned to Egypt’s beaches and…
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