Paulina Duran
Paulina Duran
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U.S. asks Australia to scrap proposed laws to make Facebook, Google pay for news

U.S. asks Australia to scrap proposed laws to make Facebook, Google pay for news

By SYDNEY (Reuters) - The U.S. government has asked Australia to scrap proposed laws that will make it the first country in the world to force Facebook Inc and Alphabet Inc’s Google to pay for news sourced from local media outlets.Slideshow In a submission asking the government to “suspend” the plans, assistant U.S. trade representatives Daniel Bahar and Karl Ehlers, suggested Australia instead “further study the markets, and if appropriate, develop a voluntary code.”Under the law, which has broad political support and is currently before a senate committee, Google and Facebook will be...

January 18, 2021
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Australia halts local COVID-19 vaccine development due to false HIV positives

Australia halts local COVID-19 vaccine development due to false HIV positives

By SYDNEY (Reuters) -Australia cancelled the production of a locally made vaccine against COVID-19 after trials showed it could interfere with HIV diagnosis, with the government instead securing additional doses of rival vaccines.Antibodies generated by the vaccine being developed by the University of Queensland (UQ) and biotech firm CSL, one of four candidates contracted by the Australian government, were found to lead to some false positive HIV test results, the makers said.While the vaccine had elicited a “robust” immune response to the novel SARS-COV-2 virus without serious adverse...

December 10, 2020
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Global equity markets jump, bonds dip, on hopes of vaccine-led recovery

Global equity markets jump, bonds dip, on hopes of vaccine-led recovery

By NEW YORK (Reuters) - Stock markets rose and safe havens such as U.S. Treasury bonds dipped Tuesday as strong factory data and signs that coronavirus vaccinations could be administered by the end of the year helped prolong a worldwide rally in risk assets even as the pandemic accelerated.Bets on more easing from the U.S. Federal Reserve to help the economy through the winter pushed the dollar index down 0.817% to 2-1/2-year lows as riskier currencies rose.Benchmark 10-year U.S. Treasury notes, meanwhile, fell 24/32 in price to yield 0.9194%, from 0.842% late on Monday, as Congress began a...

November 30, 2020
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