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Brazil signs agreement to produce AstraZeneca's experimental COVID-19 vaccine

Brazil announced on Saturday that it had signed a $127 million agreement to start producing locally an experimental vaccine developed by AstraZeneca that has shown promise to fight the COVID-19 pandemic. The AstraZeneca vaccine is considered the world’s leading candidate and most advanced in terms of development to obtain licensure and become an official vaccine against the disease, according to the World Health Organization. Elcio Franco, Brazil’s No.2 public health official, said in a press conference that the country will initially produce some 30 million doses of the vaccine, half by December and half by January of next …read more […]

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Financial Freedom vs. Financial Independence: Which Are You?

Financial freedom vs. financial independence: what’s the difference? Many people use the terms interchangeably. But there are distinct differences between the two ideas. And they can lead to very different lifestyles.
At Investment U, we believe financial freedom is the end goal. And financial independence is an important step to get there.

Financial Independence
The key to understanding this term is the second word: independence. According to the Oxford Learner’s Dictionary, the best definition of independence is:
“The freedom to organize your own life, make your own decisions, etc. without needing help from other people.”
Being financially independent means you don’t need to rely on …read more […]

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Delta will warn pilots about possible furloughs, offers early retirement

“In an effort to best prepare our pilots should furloughs be needed, Delta will send required notices to approximately 2,500 pilots,” a Delta spokesperson said in a statement, adding that the so-called ‘WARN’ notices will be sent next week. Delta also reached a tentative agreement with the Air Line Pilots Association (ALPA) labor union on a pilot-specific voluntary early retirement option. ALPA did not immediately respond a request for comment after office hours. …read more […]

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Tencent’s Twitch Streaming Rival Is Hiding in Plain Sight

(Bloomberg) — Tencent Holdings Ltd. is rolling out a live-streaming service similar to Amazon.com Inc.’s Twitch in the U.S., making a rare foray into American social media.China’s largest company has been quietly testing a mobile-focused streaming network via an affiliate in the U.S. since at least March. Initially called Madcat and now branded Trovo Live, the new service closely resembles Twitch in its appearance and functionality. Beyond Tencent’s own portfolio of popular games like Fortnite and PUBG Mobile, Trovo also spotlights marquee titles like Grand Theft Auto and Destiny 2. This week, it detailed plans on its website to entice …read more […]

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Filipino lawyer says he's been framed over Wirecard's missing billions

A Filipino lawyer embroiled in a multi-billion dollar fraud at Wirecard , Mark Tolentino, told Reuters that he was surprised to be linked to the German payments firm and that he was the “victim of a frame-up”. Wirecard went bankrupt earlier this week after disclosing that $2.1 billion of cash supposed to be in bank accounts in the Philippines probably didn’t exist. The revelation led to the arrest of its former chief executive and has triggered probes in Germany, Brussels and the Philippines as investigators try to determine what happened. …read more […]

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Biocept’s Covid-19 Testing Capacity Puts It at the Head of the Pack

Unfortunately, the coronavirus isn’t going anywhere just yet, as the surge of infections in parts of the US shows no signs of slowing down. In many areas, the number of cases has continued to rise; Seven states — Arizona, Arkansas, California, North Carolina, South Carolina, Tennessee and Texas — reported the highest amount of hospitalizations since the pandemic’s onset.To help in the battle against COVID-19, diagnostics specialist Biocept (BIOC) has entered the fray. The micro-cap has manufactured 10,000 nasopharangeal swab collection kits, which will be available by 3Q to conduct PCR testing for COVID-19 in California.Maxim analyst Jason McCarthy believes …read more […]