Tag Archives: Human Diseases / Conditions

PRECIOUS-Gold prices rose higher due to a weaker dollar | Instant News


    March 1 (Reuters) - Gold edged higher on Monday, recovering
from an eight-month low touched in the previous session, as a
weaker dollar lifted bullion's appeal.
            
    FUNDAMENTALS
    * Spot gold        rose 0.3% to $1,739.31 per ounce by 0108
GMT, after hitting its lowest since June at $1,716.85 on Friday.
U.S. gold futures        gained 0.4% to $1,736.10.
    * The dollar        slipped from a one-week high hit in the
previous session, making gold cheaper for holders of other
currencies.       
    * Bullion, however, posted its worst monthly fall since
November 2016 in February due to rising U.S. Treasury Yields,
which increase the opportunity cost of holding non-yielding
gold.       
    * U.S. House of Representatives passed a $1.9 trillion
coronavirus relief package early Saturday.             
    * A global bond market rout saw government bond yields in
the United States, Germany and Australia ending February with
their biggest monthly rises in years.                          
    * The U.S. government on Saturday authorized Johnson &
Johnson's         single-dose COVID-19 vaccine, setting the
vaccine up for additional approvals around the world.
            
    * Speculators decreased their bullish positions in COMEX
gold and silver contracts in the week to Feb. 23, the U.S.
Commodity Futures Trading Commission (CFTC) said on Friday.
            
    * Physical gold demand in India gained momentum last week as
retail buyers and jewellers lapped up bullion at near
eight-month low prices, while Singapore continued to see steady
interest for both gold and silver.         
    * Silver        gained 0.3% to $26.71 an ounce, while
palladium        was up 1% at $2,340.69. Platinum        rose
1.1% to $1,202.00.    
    
DATA/EVENTS (GMT)
0855  Germany  Markit/BME Mfg PMI
0900  EU       Markit Mfg Final PMI
0930  UK       Markit/CIPS Mfg PMI Final
1300  Germany  CPI, HICP Prelim YY
1445  US       Markit Mfg PMI Final
1500  US       ISM Manufacturing PMI

 (Reporting by Shreyansi Singh in Bengaluru; Editing by Rashmi
Aich)
  

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Brazil recorded 721 deaths from COVID-19 as of Sunday | Instant News


RIO DE JANEIRO, February 28 (Reuters) – Brazil recorded 721 deaths from COVID-19 as of Sunday and 34,027 new confirmed cases, according to data released by the country’s Ministry of Health.

The number shows a slight decrease after five consecutive days of at least 1,300 daily deaths and 60,000 cases. But the South American country continues to face a second, severe and stubborn wave that has now lasted more than three months.

Brazil has now recorded a total of 254,942 deaths from the coronavirus and 10,551,259 total confirmed cases. (Reporting by Gram Slattery; editing by Jonathan Oatis)

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Brazil is working to import more AstraZeneca vaccines to prevent bottlenecks to local production | Instant News


RIO DE JANEIRO, February 26 (Reuters) – Brazil’s biomedical institute Fiocruz has started talks with AstraZeneca Plc on alternative sources of the COVID-19 vaccine in case of possible issues surrounding the local production of the injection, a director told Reuters on Friday.

Maurício Zuma, who heads the Fiocruz unit that produces the vaccine, said it still aims to produce 110 million doses in the second half of this year, but the complexity of the production process and regulation in Brazil could hamper those plans.

As a result, he said he was exploring alternatives such as importing more active ingredients or ready-to-use dosages.

AstraZeneca injections were supposed to be a major pillar of Brazil’s vaccination campaign, starting with imports and then moving to domestic production, but their rollout was stalled.

“To produce a vaccine here is a whole process,” he said. “We think we can prepare the vaccine by the end of the third quarter, but whether we can successfully deliver it will depend on regulatory questions.”

Brazilian health regulator Anvisa has come under increasing criticism for being slow and making heavy demands on vaccine manufacturers.

“We knew we were going to have an accident in a process that would normally take years,” Zuma added.

AstraZeneca has agreed to transfer the active ingredient technology in the COVID-19 vaccine to Fiocruz to enable complete local production. But the agreement has not been signed due to the complexity of the deal, Zuma said. (Reporting by Rodrigo Viga Gaier in Rio de Janeiro Writing by Stephen Eisenhammer Editing by Matthew Lewis)

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Brazil is facing a virus mutation that is three times as infectious as the health minister | Instant News


BRASILIA, February 25 (Reuters) – Brazil is facing a new stage of the coronavirus pandemic with a mutated variant of the virus that is three times more contagious, Health Minister Eduardo Pazuello said on Thursday, as the country hit a quarter million deaths.

Pazuello said the government has distributed between 13 million and 14 million doses of the vaccine and plans to inoculate half of the country’s 210 million population by mid-year. Brazil is negotiating to buy all the vaccines it can, and Congress is considering legislation that would allow the government to buy injections from Pfizer and its Janssen subsidiary Johnson & Johnson. (Reporting by Anthony Boadle; editing by Jonathan Oatis)

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Primark UK expects strong trading when shops reopen their financial heads | Instant News


LONDON, February 25 (Reuters) – Associated British Foods expects fashion chain Primark to trade strongly in the UK as shops are allowed to reopen following the COVID-19 lockdown, its chief financial officer said on Thursday.

“We know that people will welcome us back,” John Bason told Reuters.

He noted that in Austria, where Primark stores reopened three weeks ago, year-over-year like-for-like sales have been positive.

Earlier, AB Foods warned it would lose 1.1 billion pounds ($ 1.6 billion) worth of sales from closing its Primark stores in the first half to February 27. The company expects to lose another 480 million pounds in the second half. (Reporting by James Davey; Editing by Kate Holton)

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