The first major study of the Pfizer/BioNTech vaccine to be independently reviewed shows it's highly effective at preventing COVID-19, in a potentially landmark moment for countries desperate to end lockdowns.
Business & Financial News, U.S & International Breaking News
Asian shares jump after Powell nixes rate hike fears
Asian stocks jumped on Thursday after U.S. Federal Reserve Chair Jerome Powell reaffirmed interest rates would stay low for a long time, calming market fears that higher inflation might prompt the central bank to tighten the monetary spigot.
StanChart restores dividend, reaffirms targets as COVID-19 halves profit
Standard Chartered PLC on Thursday restored its dividend and reaffirmed its long-term profit goals, in a show of confidence about its ability to recover from the impact of the COVID-19 pandemic even as its annual profit more than halved.
Australian media reforms pass parliament after last-ditch changes
The Australian parliament on Thursday passed a new law designed to force Alphabet Inc's Google and Facebook Inc to pay media companies for content used on their platforms in reforms that could be replicated in other countries.
United 777 plane flew fewer than half the flights allowed between checks: sources
A United Airlines plane with a Pratt & Whitney engine that failed on Saturday had flown fewer than half the flights allowed by U.S. regulators between fan blade inspections, two sources with knowledge of the matter said.
U.S. report on Khashoggi death expected to single out Saudi crown prince: sources
A declassified version of a U.S. intelligence report expected to be released on Thursday finds that Saudi Crown Prince Mohammed bin Salman approved the 2018 killing of journalist Jamal Khashoggi, four U.S. officials familiar with the matter said.
China's Xi trumpets 'victory' in campaign to end rural poverty
Chinese President Xi Jinping celebrated "complete victory" in the effort to eradicate rural poverty at a ceremony in Beijing on Thursday to mark a signature initiative of his eight-year tenure.
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