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Outdated US vaccine data risks squeezing states’ roll out plan

Bloomberg States including New York and Nevada used outdated federal estimates showing many more doses of Pfizer Inc’s vaccine would be available as they planned for the initial inflow of shots, said a spokesperson for the US Department of Health and Human Services. The estimates given to states in October for planning purposes said there could be 20 million doses ...

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France to miss goal to end coronavirus lockdown

Bloomberg France is poised to miss a coronavirus goal set by President Emmanuel Macron as a condition for lifting the country’s lockdown next week, with daily new Covid-19 cases holding at more than twice the targeted level. The government is worried about the pandemic indicators, and is mulling alternatives to a planned end of stay-at-home measures on December 15, Liberation ...

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Nokia leads a 6G wireless project for EU

Bloomberg Nokia Oyj is leading a group of companies and universities in a European Union funded wireless project called Hexa-X to help jump-start a new generation of mobile technology that’s already being called 6G. The group includes wireless gearmaking-peer Ericsson AB, mobile carriers Orange SA and Telefonica SA, and technology companies including Intel Corp. and Siemens AG. They’re joined by ...

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Uber sells self-driving unit to Aurora, takes stake in startup

Bloomberg Uber Technologies Inc sold its self-driving car division to Aurora Innovation Inc and took a stake in the startup, creating a larger competitor to the leader in the field, Alphabet Inc’s Waymo. The deal will value Aurora at $10 billion, according to people familiar with the discussions who asked not to be identified discussing private information. In exchange for ...

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Most stocks, US futures drop as coronavirus cases increase

Bloomberg Most stocks dropped and US futures retreated as investors focused on swelling coronavirus infections and tougher restrictions. After global equities hit an all-time high last week, sentiment has softened this week in the face of a worsening virus trends, with Hong Kong shutting gyms and New York warning that indoor dining might soon close. S&P 500 futures slipped 0.3% ...

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India rally to continue in 2021 as banks take over Reliance peak

Bloomberg India’s record-breaking equity rally will continue next year, with banks and other stocks taking over as drivers from the nation’s largest company Reliance Industries, some fund managers say. Reliance has accounted for nearly a fifth of the 75% surge in the S&P BSE Sensex from its March bottom, according to data compiled by Bloomberg. That’s about double the contribution ...

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South African stocks edge lower in risk-off mood

Bloomberg South Africa’s main stock benchmark index halted a five-day rally, dropping 0.1% by 9:45 am in Johannesburg and slipping from the highest close since April 2019, as a downturn in miners and weakness among banks pulls the market lower. The gauge joined peers in Asia in declining on Tuesday, as swelling coronavirus infections across the US weighed on risk ...

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Abraham Accords shows way forward for Korean peace: Kang

ABU DHABI / WAM Abraham Accords proves that decades-long disputes can be solved through negotiations, which could be possible in the Korean peace process as well, South Korea’s top diplomat told Emirates News Agency. “I think looking at the breakthrough here with Abraham Accords, you realise how with bold decision making, you can really make big changes. We have also ...

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Barakah nuclear plant Unit 1 reaches 100% power capacity

Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (Enec) has announced that its operating and maintenance subsidiary, Nawah Energy Company (Nawah), has successfully achieved 100% of the rated reactor power capacity for Unit 1 of the Barakah Nuclear Energy Plant. This major milestone brings the Barakah plant one step closer to commencing commercial operations, scheduled in early 2021. 100% ...

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Abu Dhabi doctors use 3D printing to fix infant’s heart

ABU DHABI / WAM A medical team at Sheikh Khalifa Medical City (SKMC) has successfully performed a breakthrough life-saving surgery on an infant, Adam, suffering from complex congenital heart defect. The complex corrective heart surgery, first of its kind in the UAE, was performed at the Seha-affiliated hospital, with the use of the latest imaging devices and 3D printing technology ...

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