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India records 45,903 new COVID-19 cases, 490 more deaths
The total number of people who have recuperated from the disease surged to 79,17,373, pushing the national recovery rate to 92.56 per cent while the case fatality rate stands at 1.48 per cent.
The number of active cases of COVID-19 remained below 6 lakh for the 11th consecutive day. There are 5,09,673 active cases of the coronavirus infection in the country as on date which comprises 5.96 per cent of the total caseload, the data stated.
Global Markets: Risk assets cheer Biden win, dollar nurses losses
“The best opportunities now lie within segments of emerging markets, in particular China and North Asia. I believe earnings momentum and valuation put China in a very attractive risk/reward position.”
Chinese shares started higher with the blue-chip CSI300 index .CSI300 up 2.2% on hopes of better Sino-U.S. trade relations under Biden.
U.S. crosses 10 million COVID-19 cases as third wave of infections surges
More than 237,000 Americans have died of COVID-19 since the illness caused by the coronavirus first emerged in China late last year.
The daily average of reported new deaths in the United States account for one in every 11 deaths reported worldwide each day, according to a Reuters analysis.
The number of reported deaths nationwide climbed by more than 1,000 for a fifth consecutive day on Saturday, a trend last seen in mid-August, according to a Reuters tally.
Investors bet vaccine sparks revival in beaten down stocks
As the market hype around the U.S. election ebbs, investors are now preparing for good vaccine news, which they believe is a matter of when, not if.
“It’s going to be absolutely massive,” said Stuart Oakley, head of cash currency trading at Nomura in London. “If we get a vaccine, we’re going to see all that pent up demand coming out.”
Of the roughly 45 vaccines undergoing human trials, those from Pfizer and Moderna are seen as possibly winning regulatory approval this year, with AstraZeneca not far behind.
Investors are looking beyond an expected “excitement rally” and at longer-term beneficiaries and short-selling opportunities.
Pfizer’s Covid vaccine prevents 90% of infections in large study
“Today is a great day for science and humanity,” Albert Bourla, Pfizer’s chairman and chief executive, said.
“We are reaching this critical milestone in our vaccine development program at a time when the world needs it most with infection rates setting new records, hospitals nearing over-capacity and economies struggling to reopen,”he said.
Q&A: Where are we in the COVID-19 vaccine race?
The World Health Organization has recommended a minimum standard for effectiveness of at least 50%. The United States and some other regulators are following that guideline – which means there must be at least twice as many infections among volunteers who received a placebo as among those in the vaccine group. The European Medicines Agency has said it may accept a lower efficacy level.
Pfizer said its vaccine is more than 90% effective against COVID-19.
One in five COVID-19 patients develop mental illness within 90 days – Lancet study
People have been worried that COVID-19 survivors will be at greater risk of mental health problems, and our findings … show this to be likely,” said Paul Harrison, a professor of psychiatry at Britain’s Oxford University.
Doctors and scientists around the world urgently need to investigate the causes and identify new treatments for mental illness after COVID-19, Harrison said.
“(Health) services need to be ready to provide care, especially since our results are likely to be underestimates (of the number of psychiatric patients),” he added.
IIT study cites risk of plastic contamination in drinking tea from disposable paper cups
“Our research has confirmed contamination of the hot liquid served in paper cups due to the degradation of microplastics and other hazardous components from the lining material of the cup. Paper cups are usually lined by a thin layer of hydrophobic film which is made of mostly plastic (polyethylene) and sometimes co-polymers to hold the liquid in the paper cup. Within 15 minutes this microplastic layer degrades as a reaction to hot water, ” said Sudha Goel, Associate Professor at IIT Kharagpur
Covid-19 in India breach 8.5 million mark, over 45,000 infections in 24 hrs
New Delhi: India's COVID-19 caseload went past 85 lakh, while the number of people who have recuperated from the disease surged to 78,68,968 pushing the national recovery rate to 92.49 per cent,accordingto the Union Health Ministry data updated on Sunday. The...
With cases soaring, Biden to announce COVID-19 task force
The coronavirus task force will be charged with developing a blueprint for containing the disease once Biden takes office in January. It will be headed by three co-chairs, former surgeon general Vivek Murthy, former Food and Drug Administration commissioner David Kessler, and Dr. Marcella Nunez-Smith of Yale University, according to two people familiar with the matter.