Americas top stories: weekly summary
ICIS Editorial
23-Nov-2020
HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 20 November.
Crude values, US chem shares jump on news of
Moderna’s coronavirus
vaccine
US drug maker Moderna announced positive
results on Monday from its phase 3 trials on a
vaccine for the coronavirus, which boosted
global oil prices and most shares of US-listed
chemical companies.
Canada’s Quebec bets on EVs, plans to ban sale
of new gasoline cars
The government of Canada’s Quebec province
plans to ban the sale of new gasoline-powered
cars, beginning in 2035.
Pfizer to seek emergency use authorisation for
coronavirus vaccine from US FDA ‘within
days’
US pharmaceutical major Pfizer and German
partner immunotherapy specialist BioNTech,
announced on Wednesday that a safety milestone
has been reached for a coronavirus vaccine.
Pandemic-induced container shortage pressures
freight rates from Asia to US,
LatAm
Efforts to stop the spread of the coronavirus
(Covid-19) across the globe have disrupted
normal trade patterns, causing delays and
contributing to higher freight rates from Asia,
largely because of a shortage of shipping
containers in major export ports.
US Senate run-offs will likely determine
success of Biden administration’s agenda –
economist
The results of two US Senate run-off elections
in Georgia in January will likely determine how
much of president-elect Joe Biden’s agenda his
administration will be able to accomplish, an
economist said on Friday.
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