Financial News

A Mountaineer Impact Reaches $60 Million Goal
August 26, 2021
AP-NC Newswatch
August 26, 2021
Financial News

 

Financial News:

 

World stocks lower…Japan suspends Moderna COVID vax use

 

SINGAPORE (AP) – World stocks are broadly lower following a charge on Wall Street that drove indices to all-time highs for the second straight day. France’s CAC 40 and Germany’s DAX declined 0.2% in early trading on Thursday. Wall Street was set for a mixed open. Futures for the S&P 500 and Nasdaq, which hit record highs on Wednesday, fell 0.1% and 0.2% respectively. That of the Dow was marginally higher. Traders are watching the Federal Reserve’s annual convention in Jackson Hole, Wyoming, which begins Thursday. Fed Chair Jerome Powell is scheduled to speak at the convention on Friday.

 

TOKYO (AP) – Japan is suspending use of about 1.63 million doses of Moderna vaccine after contamination was found in some unused vials. The health ministry says the contamination was reported at multiple vaccination sites. Some doses may have been administered but no adverse health effects have been reported. The doses were produced in Spain. The Japanese distributor Takeda Pharmaceutical suspended the doses manufactured in the same production line as a precaution and asked Moderna to investigate the problem.

 

LONDON (AP) – Police in London have arrested a man on suspicion of contaminating food in three supermarkets by injecting them with syringes. Local authorities advised shoppers at the stores in the west London area of Hammersmith to throw away their purchases after the suspect was detained Wednesday night. London’s Metropolitan Police Service says the suspect allegedly used “a number of needles” to inject into processed meat and microwaveable products at small branches of Sainsbury’s, Tesco and Waitrose on Fulham Palace Road. The three stores are closed today.

 

COPENHAGEN, Denmark (AP) – Denmark’s Parliament is expected to end a nurses’ strike by implementing a previously rejected pay proposal. The move would be a rare intervention in a country with a labor market model that calls for employers and unions to agree on work conditions through collective bargaining. The compromise proposal from the Social Democratic government would end on Saturday the strike that started in mid-June. It would give Danish nurses a 5% salary increase over three years, which are terms they rejected in March.

 

UNDATED (AP) – The foundation created by toymaker Lego and its parent company say they will donate 100 million kroner ($16 million) to support vulnerable children in Haiti and Afghanistan. Thomas Kirk Kristiansen, chairman of the LEGO Foundation says, “The humanitarian crises that are happening in Haiti and Afghanistan are unimaginable and only intensified by the COVID-19 pandemic.” Since May 2021, more than 500,000 people have been displaced in Afghanistan. As for Haiti, an Aug. 14 violent earthquake was followed by a tropical storm.