Ireland will force people into the country without a negative Covid-19 test quarantine in a hotel for fourteen days, when the government tightened travel restrictions and extended a third lockdown until March 5. The move on Tuesday came despite signs that new infections are halving every 10 days.
Portugal has reported a record number of Covid-19 deaths per day as the country struggles to curb any of the world’s population fastest growing outbreaks of the coronavirus. Health officials said 291 people died from the virus in the past 24 hours, bringing the death toll to 11,012 in a country of 10.2 million people.
Emmanuel Macron, the president of France, called for an international ‘new consensus’ on economic policy on Tuesday in a virtual speech at the Davos forum. He called for policies that would not downplay the role of the state and the public sector, like the old ‘Washington consensus’, which tax fairness and privatization.
Carlos Holmes Trujillo, Colombia’s defense minister, died on Tuesday from complications related to the coronavirus. most notable victim of the pandemic so far. Trujillo, who was 69, fell ill in early January. When his situation deteriorated, he was flown from Barranquilla to the military hospital in Bogotá.
A combination of the two Eli Lilly Antibody Treatments – bamlanivimab and etesevimab – reduced hospitalization and death from Covid-19 by 70 percent, according to new data from the phase 3 study. The US drug company said there were no deaths in the group undergoing treatment, compared with 10 in the placebo group.
BioNTech is considering making some of its covid-19 vaccines in China for local rollout of the jab, which it developed in conjunction with the American group Pfizer, according to Ryan Richardson, BioNTech’s chief strategy officer. BioNTech and Shanghai-based Fosun agreed to supply China with 100 million doses.
DR Horton raised its full-year outlook American homebuilder generated stronger than expected sales in the December quarter, thanks to low mortgage rates and robust demand from Americans looking for more space. The Texas-based company sold 45 percent more homes compared to the same period a year earlier.
GE ended a tumultuous year of layoffs, debt repayments and restructuring by far stronger cash flows than predicted. Order improvement in GE’s energy division delivered industrial free cash flow of almost $ 4.4 billion in the fourth quarter, compared to a target of $ 2.5 billion. Shares were up more than 7 percent to $ 11.80 in pre-market trading.