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Novavax Stock Surges on Covid-19 Vaccine Application to WHO

Novavax  (NVAX) – Get Novavax, Inc. Report surged Thursday after the biotech and its partner, Serum Institute of India, applied to the World Health Organization for an emergency use listing of Novavax’s COVID-19 vaccine. Shares of the Gaithersburg, Md., drugmaker were recently up $23.56, or 10%, to $255.57. Dow Climbs On Fed Tapering Stance; Evergrande Debt In Focus…

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White House COVID-19 Plan To Protect Economic Recovery Via Employer Vaccination And Diagnostic Test Tracking

WILMINGTON, N.C., Sept. 23, 2021 /PRNewswire/ — The White House’s six-pronged COVID-19 action plan takes steps to protect the nation’s economic recovery from the global pandemic, but large employers with 100+ employees may be at risk if they’re unable to comply with the government’s new vaccine and diagnostic testing mandate. With steep fines up to $14,000…

Analysis-Chinese property debt issuers face ‘Evergrande premium’ as worries mount

Analysis-Chinese property debt issuers face ‘Evergrande premium’ as worries mount

© Reuters. FILE PHOTO: A worker walks inside the construction site of a project developed by China Evergrande Group in Beijing, China September 22, 2021. REUTERS/Carlos Garcia Rawlins By Scott Murdoch and Tom Westbrook HONG KONG (Reuters) – As uncertainty looms over cash-strapped China Evergrande Group, seizing up China’s junk bond market, pressure is building…

Exclusive-ECB braces for sticky inflation; eyes end of emergency stimulus, sources say

Exclusive-ECB braces for sticky inflation; eyes end of emergency stimulus, sources say

© Reuters. FILE PHOTO: The headquarters of the European Central Bank (ECB) in Frankfurt, Germany, March 12, 2016. REUTERS/Kai Pfaffenbach/File Photo By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – European Central Bank policymakers are bracing for inflation to exceed the bank’s already raised estimates, paving the way for it to end its emergency bond…