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Commodities Corner: COVID infections, vaccine prospects play ‘tug of war’ with oil as traders look to OPEC+

Oil’s playing a tug of war game between rising COVID-19 cases and promising vaccine developments. MarketWatch photo illustration/iStockphoto The Organization of the Petroleum Exporting Countries and its allies are expected to extend oil production cuts into the new year in an effort to avoid a global glut of inventories. But with Covid-19 cases accelerating in… Continue reading Commodities Corner: COVID infections, vaccine prospects play ‘tug of war’ with oil as traders look to OPEC+

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Countries brace for ‘silent tsunami’ of antibiotic-resistant infections

This story is the introduction to a Special Report on the Future of Antibiotics, investigating the pressures doctors are under, what new treatments are currently in the pipeline, as well as the role of the consumer in fuelling global resistance to antibiotics. When drugmaker AstraZeneca closed down its research and development centre in Bangalore six… Continue reading Countries brace for ‘silent tsunami’ of antibiotic-resistant infections

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Welsh ‘firebreak’ restrictions reduce Covid infections

A 17-day “firebreak” lockdown in Wales has been successful in cutting the number of coronavirus infections, offering hope that restrictions in England will have a similar effect. The rate of infections in the devolved nation dropped to 181 per 100,000 people on November 10-16, from a high of 280 per 100,000 in the week to… Continue reading Welsh ‘firebreak’ restrictions reduce Covid infections

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Coronavirus latest: New infections in Texas slow to two-week low

Peter Wells in New York Texas reported its smallest daily increase in coronavirus infections in two weeks on Monday, but is shrinking the gap with California to rank as the US state with the highest overall number of Covid-19 cases. A further 3,816 people tested positive over the past 24 hours, the health department revealed,… Continue reading Coronavirus latest: New infections in Texas slow to two-week low

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Economic policymakers remain cautious in face of rising Covid infections

Your level-headed briefing on how the coronavirus pandemic is affecting the markets, global business, our workplaces and daily lives, with expert input from our reporters and specialists across the globe. For updates visit our live blog. Please send your reactions and suggestions to covid@ft.com. We would like to hear from you. The FT is offering… Continue reading Economic policymakers remain cautious in face of rising Covid infections

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Covid infections exceed ‘worst-case scenario’, say UK scientists

The number of coronavirus infections and hospital admissions in England has surpassed government scientific advisers’ worst-case scenario, according to a new document published on Friday, adding to pressure on Boris Johnson, prime minister, to introduce tougher Covid-19 restrictions. In a document dated October 14, a scientific advisory group to the government also said the number… Continue reading Covid infections exceed ‘worst-case scenario’, say UK scientists

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Coronavirus latest: US seven-day average of new infections hits record high

Peter Wells in New York One dozen US states reported record levels of coronavirus hospitalisations on Monday in a further reflection of the autumn resurgence of the virus that has pushed average daily cases to the highest level since the pandemic began. There are 42,917 people currently in hospitals across the country with coronavirus, according… Continue reading Coronavirus latest: US seven-day average of new infections hits record high

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Coronavirus latest: California caseload eases as Florida, Arizona new infections soar

Peter Wells in New York California on Tuesday reported its smallest daily increase in coronavirus deaths in a week as it is on track to become the third state in the United States to confirm 17,000 related deaths since the start of the pandemic. Twenty-two other deaths have been attributed to the coronavirus, authorities revealed… Continue reading Coronavirus latest: California caseload eases as Florida, Arizona new infections soar

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Coronavirus latest: New US infections climb to 57,000

Peter Wells in New York The US reported more than 57,000 new coronavirus cases on Monday, in line with its average over the past week, which in turn is at its highest level since early August. States collectively reported 57,148 new cases, according to Covid Tracking Project data, up from 48,922 on Sunday and compared… Continue reading Coronavirus latest: New US infections climb to 57,000

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Wales to enter 16-day lockdown to reduce surge in Covid infections

Wales will begin a 16-day “firebreak” lockdown on Friday, first minister Mark Drakeford has announced, as he warned that a “sharp shock” was needed to slow the surge in coronavirus infections. In a televised press conference on Monday, Mr Drakeford said that from 6pm on Friday, October 23, until midnight on the evening of Sunday,… Continue reading Wales to enter 16-day lockdown to reduce surge in Covid infections