Skip to main content
Top News

Global pharma shares slide as Biden backs COVID-19 vaccine IP waiver

Healthcare & Pharmaceuticals · 12:12 PM UTC

Shares of drugmakers involved in the production of COVID-19 vaccines, including Pfizer (PFE.N) and Moderna (MRNA.O), fell on Thursday, a day after U.S. President Joe Biden's plan to back intellectual property waivers on vaccines.

IndiaCOVID spreading in rural India; record daily rises in infections, deaths
TechnologyAnalysis: Facebook confronts human rights dilemma on political speech
United KingdomBank of England slows bond-buying, sees economy bouncing back more quickly
EuropeFrance sends two patrol boats to Jersey in fishing row with Britain
EnergyGas and power sellers rack up billions in profit from Texas freeze
WorldChina condemns G7 statement censuring Beijing, supporting Taiwan
Latest Stories

Talking Points

Great Reboot

Great Reboot · 11:04 AM UTCOne key to getting women back to work post-pandemic: Childcare

Wendy Niculescu is ready to get back to work after nearly a year and a half of being a stay-at-home mom.

Great RebootPandemic-led decline of U.S. cities may be reversing
Great RebootSticking with remote work? Businesses are betting on it
Great RebootAirport security app Clear looks to score with U.S. ‘vaccine passport’
Great RebootWall Street ready to toast a New York revival but trade business suits for leisure wear

Business

BusinessFutures rise ahead of jobless claims data; drugmakers extend fall
BusinessU.S. weekly jobless claims fall more than expected
BusinessBaseball lifts San Diego’s spirits. Can it revive a pandemic-stricken U.S. economy?
BusinessTesla developing platform to allow car owners in China data access

UK

UKIn northern England's Hartlepool, UK PM Johnson faces test
UKNew independence referendum at heart of contest as Scots vote for new parliament
UKFrance sends two patrol boats to Jersey in fishing row with Britain
UKBank of England slows bond-buying, sees economy bouncing back more quickly

United States

United StatesU.S. schools turn focus to mental health of students reeling from pandemic
United StatesU.S. reverses stance, backs giving poorer countries access to COVID vaccine patents
United StatesJudge puts hold on ruling voiding U.S. moratorium on evicting renters
United StatesBiden to visit storm-battered Louisiana to tout infrastructure spending

Americas

AmericasColombians march in eighth day of protests, police deploy tear gas
AmericasBrazil court suspends probe into Indigenous leader who criticized Bolsonaro
AmericasMexican metro crash witness describes horror, and silence, of rail collapse
AmericasU.S. targets Central America officials for possible sanctions over corruption

Asia Pacific

Asia PacificChina suspends economic dialogue with Australia as relations curdle
Asia PacificMystery Australian COVID case spurs return of masks, travel bans
Asia PacificU.S. embassy in the doghouse in China after student visa post backfires
Asia PacificHong Kong activist Joshua Wong jailed for further 10 months over June 4 assembly

Health & Pharmaceuticals

Health & PharmaceuticalsCOVID spreading in rural India; record daily rises in infections, deaths
Health & PharmaceuticalsExplainer: COVID-19 vaccine patent waiver talks could still take months
Health & PharmaceuticalsU.S. schools turn focus to mental health of students reeling from pandemic
Health & PharmaceuticalsEU 'ready to discuss' COVID vaccine patent waiver, says von der Leyen

Environment

EnvironmentFaced with climate challenges, Vietnamese rice farmers switch to shrimp
EnvironmentWe don't want more climate hot air at COP26, UK's Johnson says
EnvironmentGermany sets tougher CO2 emission reduction targets after top court ruling
EnvironmentBiden to visit storm-battered Louisiana to tout infrastructure spending

Energy

EnergyGas and power sellers rack up billions in profit from Texas freeze
EnergyOil prices slip despite hefty U.S. inventory fall
EnergyEnergy sector to bear brunt of stepped up German climate law - draft
EnergyGas producer EQT Corp to buy private driller Alta Resources for $3 bln

EQT Corp (EQT.N), the largest U.S. natural gas producer, said on Thursday it will buy Appalachian basin rival Alta Resources for $2.93 billion in cash and stock, expanding its position in the gas-rich shale plays of the U.S. northeast.

Sustainable Business

Sustainable BusinessGermany sets tougher CO2 emission reduction targets after top court ruling
Sustainable BusinessHow low can you go? Volkswagen throws down the emissions gauntlet
Sustainable BusinessUnilever says majority of shareholders voted in favour of climate action plan
Sustainable BusinessItaly promises "brutal" cuts to red tape delaying renewable energy projects