Global stock markets are rallying sharply after positive trial results from a second potential coronavirus vaccine lifted hopes over the battle to defeat the pandemic. The FTSE 100 jumped by 2%, or more than 100 points, after interim data from a US-developed drug produced by Moderna showed it to be 94.5% effective against COVID-19. Markets
Month: November 2020
Jeff Bezos, founder and CEO of Amazon, speaks to a group of Amazon employees that are veterans during an Amazon Veterans Day celebration on Monday, November 12, 2018. Leonard Ortiz | Digital First Media | Getty Images Amazon founder and CEO Jeff Bezos on Monday announced the first recipients of his $10 billion Earth Fund.
A demo of songs recorded by Ed Sheeran and sold by his mother when he was a teenager is being auctioned. The current seller bought the recordings in 2005 in Framlingham, Suffolk, where the 29-year-old musician grew up. The woman, who wishes to remain anonymous, was keen to support musicians from the area. The collection
Coronavirus was circulating in Italy as early as September 2019, scientists there have claimed. The World Health Organization says COVID-19 was unknown before the outbreak was first reported in Wuhan, in central China, in December. A few months later, the first official cases were detected in Europe. However, scientists in Italy say they have found
Iota has strengthened into a “dangerous” category 4 hurricane as it heads towards Central America. Forecasters expect it to make landfall in northeastern Nicaragua and eastern Honduras on Monday night. It comes just days after the countries were ransacked by category 4 Hurricane Eta which killed at least 200 people and left dozens more missing.
The idea of a national road pricing scheme has reportedly been revived by the chancellor as the green car revolution applies brakes to £40bn of annual tax revenue. The Treasury, according to The Times, is exploring ways in which Rishi Sunak can replace lost fuel duty and vehicle excise duty (VED) – known more widely
Boris Johnson has declared himself “fit as a butcher’s dog” as he self-isolates, while also raising the prospect of a COVID-19 vaccine being distributed “perhaps before Christmas”. The prime minister is currently self-isolating after meeting with a Conservative MP who later tested positive for coronavirus. Mr Johnson’s need to quarantine comes in a critical week
Barack Obama has said it’s “absolutely” time for President Donald Trump to concede the election – and that he should have already done so. Mr Trump‘s predecessor told CBS’ 60 Minutes programme that he should have conceded defeat to Joe Biden “the day after the election” and it was time for America’s outgoing leader to
Four astronauts were successfully launched on the SpaceX Crew Dragon Resilience to the International Space Station on Sunday, the first of what the US hopes will be many routine missions following a successful test flight in late spring. Three Americans, Michael Hopkins, Victor Glover and Shannon Walker, and Japan’s Soichi Noguchi blasted off at 7:27pm
November 15th, 2020 by Zachary Shahan We recently saw the International Energy Agency (IEA) report that solar power offers the cheapest electricity in history. That was a global report. A US-focused report from Lazard recently reported something similar. The highly regarded energy analysts showed that wind and solar offer the cheapest electricity in the country,
Tesla recently brought a small design refresh to the Model 3, but a bigger refresh is believed to be coming to the Model S program. Now someone tried to imagined what it would look like based on the new Roadster. Dope or Nope? Tesla first brought the Model S to market back in 2012. The
Illustration of a nuclear fission power system concept on the Moon. NASA NASA and the U.S. Department of Energy will seek proposals from industry to build a nuclear power plant on the moon and Mars to support its long-term exploration plans. The proposal is for a fission surface power system, and the goal is to
November 15th, 2020 by Zachary Shahan Last year and for several years prior, a US taxpayer who installed a solar power system on their roof could get a 30% tax credit on the cost of that system. In 2020, that tax credit was reduced to 26%, and it will drop to 22% next year. Confused
A customer carries away a PlayStation 5 console at an electronics store in Sydney on November 12, 2020, on the day of PS5 official launch. Saeed Khan | AFP | Getty Images Microsoft and Sony both released new video game consoles this week: Microsoft has the $500 Xbox Series X and $300 Series S, while
Boris Johnson is self-isolating after a meeting with an MP who later tested positive for COVID-19. The prime minister’s spokesman said he had been notified by NHS Test and Trace that he has to self-isolate as he was a contact of someone who has tested positive. Mr Johnson will “follow the rules and is self-isolating”
Two new “mega labs” to turnaround 600,000 coronavirus tests a day are planned for next year, as Boris Johnson tries to draw a line under losing two key advisers. The prime minister will make a “series of critical announcements”, Number 10 said, following the sudden departure of aides Dominic Cummings and Lee Cain. And in
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