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Business

Extensive coronavirus vaccination by 2020 is unlikely

Dr. Scott Gottlieb told CNBC on Wednesday that it is unlikely that there will be widespread deployment of a coronavirus vaccine this year. “I think we’ll need to have another cycle of this virus in the fall, toward winter, before we get to a vaccine,” Gottlieb told “Squawk Box.” “I think a vaccine is probably an event in 2021, in …

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Hong Kong’s concern is that it will hinder global share sharing

LONDON / TOKYO (Reuters) – Hong Kong’s turmoil over Beijing’s national security bills weighed on global shares and oil prices on Wednesday, citing optimism about the world’s economic recession. FILE PHOTO: A man wearing protective face masks walks past the London Stock Exchange Group building in the financial district of the City of London, London, Britain, March 9, 2020. REUTERS …

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The IEA expects a historic fall in global energy investment

An airplane view shows pumpjacks at South Belridge Oil Field on April 24, 2020 near McKittrick, California. David McNew | Photos of Getty The International Energy Agency believes the coronavirus pandemic has paved the way for the largest decline in global energy investment in history, with spending rising in every major sector this year. In the group’s annual World Energy …

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Dallas-Fort Worth TX live-coronavirus is live updates for May 26th

FOR WORK We keep up with the latest coronavirus news in the Dallas-Fort Worth metro area. Check back for updates. Tarrant County Jail prisoner, 67, first died of coronavirus; 41 active cases in jail An inmate at the Tarrant County Jail has died from coronavirus, the Tarrant County Sheriff’s Office reported Monday. The 67-year-old man, with underlying health conditions, was …

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Oil jumped more than 3% as confidence in supply cuts grew

Oil storage tanks will be visible from above in Carson, California, April 25, 2020 after the price for crude dropped on negative territory for the first time in history on April 20. Robyn Beck | AFP | Photos of Getty Oil prices rose on Tuesday, supported by growing confidence that manufacturers are keeping promises to cut supplies and as fuel …

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Merck to develop the vaccine, clinical trials will begin this year

Nurses are working on a drive-thru test site for coronavirus disease (COVID-19) at North Shore University Hospital in Manhasset, New York, U.S., on May 6, 2020. Brendan McDermid | Computers US drugmaker Merck said Tuesday that it plans to work with the nonprofit scientific research organization IAVI to develop a potential coronavirus vaccine. The news helped send Merck shares up …

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Macao gaming tycoon Stanley Ho died at the age of 98

Here are the top heads of Fox Business Flash. Check out what to click on FoxBusiness.com. Stanley Ho, the terrifying billionaire and bon vivant who is considered the father of modern gambling in China, has died, his daughter Pansy Ho said Tuesday. He was 98. Known as the “King of Gambling,” Ho secured for himself a four-decade monopoly on casinos …

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