US president Donald Trump has urged drug regulators to approve the Pfizer/BioNTech coronavirus vaccine within days after they judged the company’s data to show that the inoculation is safe and effective within about 10 days of the first injection. “We’ve got to get it moving,” he said on Tuesday.
The Scottish government has cancelled next year’s secondary school Higher and Advanced Higher exams, saying teacher assessment would be used instead. The move by John Swinney, Scotland’s education secretary, is likely to raise pressure for a rethink of UK government plans to continue with GCSE and A-level exams in England in 2021.
Massachusetts has ordered new curbs on indoor activities and social gatherings, rolling back the reopening of its economy, in an effort to curb a second wave of coronavirus across the state and preserve hospital resources. From Sunday, the state will ease back to Phase 3, step 1 of its reopening plan.
One of the most anticipated games on the US college football schedule has been cancelled after an outbreak of coronavirus cases on the University of Michigan’s team. The university on Tuesday said its game against Big Ten rival Ohio State, ranked number four in the country, had been scrapped.
Thor Industries, known for Airstream trailers, expects a sales boom to continue into 2021 as travellers jump into recreational vehicles for socially distanced vacations. The US company booked a 17.5 per cent increase in net sales year on year for the three months to October 31, buttressed by a backlog that nearly tripled to $8.92bn.
The supply of Covid-19 tests will not meet demand for months, Roche chief executive Severin Schwan said on Tuesday, making mass testing campaigns unlikely in the near future even as vaccination begins. “The reality is we still have to live for some time with this pandemic,” he said.
Shares in JD Health, the healthcare unit of Chinese ecommerce group JD.com, surged as much as 75 per cent on their trading debut after the company raised $3.5bn in Hong Kong’s biggest initial public offering of 2020. JD Health, which sells pharmaceuticals and health services online, ended trading 56 per cent higher on Tuesday.
UK equipment rental specialist Ashtead has raised its full-year guidance, citing “resilience” in the second quarter as it benefited in part from essential business status during the coronavirus pandemic. Revenues for the six months ending October 31 dipped 5 per cent to £2.5bn, with operating profits down a fifth to £614m.