LONDON – A leading scientist behind the University of Oxford’s potential COVID-19 vaccine said on Wednesday the team has seen the right sort of immune response in trials, which have entered the Phase III clinical stage. Speaking at a parliamentary hearing, Sarah Gilbert, professor of vaccinology at the university, said the trial has enrolled 8,000 volunteers for the Phase III of its trial into the vaccine, AZD1222, which was licensed to AstraZeneca. She said she…"Oxford University has seen ‘right sort of immune response’ in potential COVID-19 vaccine trial: scientist"
OSLO – Equinor plans to build in Britain a plant to produce hydrogen from natural gas in combination with carbon capture and storage, the Norwegian oil firm said on Wednesday. The plant, which Equinor said was the largest of such kind in the world, aims to reduce CO2 emissions by nearly 900,000 tonnes per year by replacing gas with hydrogen at the Saltend Chemicals Park near the city of Hull in north-east England. “With our…"Equinor to build hydrogen plant with carbon capture in Britain"
OSLO – Global oil demand and carbon dioxide emissions probably peaked in 2019 as the COVID-19 pandemic will have a lasting impact on both, energy consultancy DNV GL said on Wednesday. The Norway-based consultancy, which advises both petroleum and renewable energy companies on risk management and technology, said global energy use would be 8% lower in 2050 than previously expected due to the impact of the pandemic. “Lasting behavioural changes to travel, commuting and working…"Global oil demand, CO2 emissions likely peaked in 2019: energy consultancy"
BRUSSELS – EU antitrust regulators will decide by Aug. 3 whether to clear Mastercard Inc’s bid for part of Scandinavian payments group Nets, according to a European Commission filing. Mastercard’s planned acquisition of European rival Nets’ three divisions covering corporate clearing, instant payments and e-billing, has already triggered regulatory concerns. The EU competition enforcer, which agreed to review the deal following requests from Austria, Denmark, Finland, Norway, Sweden and Britain, in April said the deal…"EU antitrust regulators to rule on Mastercard’s Scandinavian e-pay deal by August 3"
STOCKHOLM – Scandinavian airline SAS said on Tuesday it had agreed on a recapitalization plan with its main owners to restore equity of 14.25 billion Swedish crowns ($1.53 billion) and secure around 12 billion of new funding. The plan is supported by biggest owners Sweden, Denmark and the Knut and Alice Wallenberg Foundation, SAS said in a statement. ($1 = 9.3425 Swedish crowns)"Airline SAS to raise 12 billion SEK of new funding in recapitalization plan"
– Spotify Technology on Tuesday plans to announce local language adaptations of a popular scripted podcast as part of the Swedish music streaming company’s strategy to appeal to a wider global audience. The first show, available globally on July 7, will be Sandra, a scripted podcast released in 2018 by Gimlet, later bought by Spotify, and will be released in France, Germany, Mexico and Brazil. The new format is far more ambitions than translating shows…"Sara, Sonia, Sofia: Spotify plans local versions of hit podcast ‘Sandra’"
MOSCOW/STOCKHOLM – Russia said on Monday it had detected no sign of a radiation emergency, after an international body reported last week that sensors in Stockholm had picked up tiny amounts of unusual radioactive isotopes produced by nuclear fission. The Comprehensive Nuclear Test Ban Treaty Organization (CTBTO), which monitors the world for evidence of nuclear weapons tests, said last week one of its stations scanning the air for radioactive particles had found unusual, although harmless,…"Russia denies nuclear incident after international body detects isotopes"
COPENHAGEN – A Danish court on Friday sentenced a Norwegian citizen to seven years in jail after convicting him of spying for an Iranian intelligence service and complicity in a suspected plot to kill an Iranian Arab opposition figure in Denmark. Mohammad Davoudzadeh Loloei, a 40-year-old Norwegian with Iranian heritage, was arrested in October 2018 after a major police operation in which Denmark temporarily closed its international borders. For several days in late September that…"Norwegian found guilty of spying for Iran in Denmark"
TOKYO – Daiichi Sankyo Co is in discussions with AstraZeneca Plc on developing supplies of a vaccine for the coronavirus in Japan, the Japanese company said on Friday. In a statement, Daiichi Sankyo said it would receive stock solution from AstraZeneca for the domestic development."Daiichi Sankyo in talks with AstraZeneca on virus vaccine supply in Japan"
LONDON – To kick-start a world economy devastated by coronavirus, central banks have delved deep into their toolboxes and unleashed trillions of dollars in stimulus. So what instruments do they have left, should they need to do more? Imminent pressure has eased after central banks in the United States, euro zone, UK, China and Japan flung around $5 billion at the problem. But the debate on future policy options remains prescient. “This was the kitchen…"Central banks have thrown many tools at coronavirus. What do they have left?"