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Pfizer-BioNTech testing booster of their Covid-19 vaccine in new trial

The companies believe their current two-dose vaccine will work against the South African variant as well as one found in the United Kingdom and elsewhere

Moderna expects $18.4 billion in coronavirus vaccine sales in 2021

Moderna, whose shares rose 4 per cent to $150.7 in trading before the bell, has been aiming to ramp up production of the vaccine

Twitter plans to double revenue in 2023 to $7.5 bn, shares hit record high

In a regulatory filing, Twitter estimated reaching at least 315 million monetizable daily active users (mDAU), or those who see ads, by the fourth quarter of 2023

Oil holds near 13-month high, supported by sharp drop in US output

U.S. West Texas Intermediate was down 49 cents or 0.8% at $62.73, after also hitting a 13-month high of $63.79

GameStop Corp shares soar around 50% as 'meme stocks' rally again

GameStop shares hit $160 at the open before being halted after several minutes of trading and fell to around $129 before the second halt

Yellen supports new allocation of IMF's SDR currency to help poor nations

Yellen said an SDR allocation and steps to boost low- and zero-interest lending by the World Bank and International Monetary Fund were needed to help contain the pandemic and mitigate its devastating

Majority of Americans support $15 minimum wage, Reuters/Ipsos poll shows

The Senate's parliamentarian on Thursday is expected to decide whether the rules will allow them to use the coronavirus spending bill to enact a sweeping wage policy

US auto sales to rise in February despite weather woes, says report

Retail sales of new vehicles are estimated to reach about 975,600 units in February, a 3.3% increase from a year ago, when adjusted for selling days, the consultancies said

Covid-19 crisis: South Africa aims to vaccinate 1.1 mn by end of March

Addressing parliament, SA health minister also said authorities might have to inoculate more than their original target of 40 million people to reach herd immunity

Merck to buy drug developer Pandion Therapeutics for $1.85 billion

The $60-per-share deal represents about 134% premium to Pandion's closing price on Wednesday

Domino's sales rise slightly short of estimates as coronavirus curbs ease

Shares of the company were down 3% in premarket trading

China approves 2 more domestic Covid-19 vaccines, increasing number to 4

The two newly approved vaccines are made by CanSino Biologics Inc and Wuhan Institute of Biological Products, an affiliate of China National Pharmaceutical Group (Sinopharm)

Health authorities call for common approach to Covid-19 treatments: EU

Global coronavirus infections have exceeded 110 million as highly transmissible variants are prompting drug developers and governments to tweak their testing and immunisation strategies

Tesla temporarily halts production at Model 3 line in California

Workers on a Model 3 sedan production line in Fremont were told their line would be down from Feb. 22 until March 7, according to the report

GameStop rally builds after puzzling ice-cream cone tweet

The sharp moves surprised the market, which thought the excitement behind the recent Reddit-fueled rally had died down

Boeing planned to replace 777 engine covers before failures - WSJ

The firm was planning to replace engine covers on its 777 jets months before a pair of recent serious failures, the Wall Street Journal reported on Thursday

Coinbase reveals healthy revenue growth, profit in listing application

The firm said in December that it had confidentially applied with the US Securities and Exchange Commission (SEC) to go public

Global LNG demand expected to almost double by 2040 - Shell

Asia is expected to drive nearly 75% of LNG demand growth to 2040

African Union backs call to waive IP rights on Covid-19 drugs

The union is backing calls for drugmakers to waive some intellectual property rights on Covid-19 medicines and vaccines

Global Markets: Shares and commodities keep climbing, so do bond yields

The euro touched a one-month high of $1.2183