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LONDON (Reuters) - OPEC officials heard from industry experts that U.S. oil output growth will likely remain limited in 2021 despite rising prices, OPEC sources said, giving it more power to manage the market in the short term before a potentially strong rise in shale output in 2022. While there was general agreement on limited U.S. supply growth this year, an industry source said for 2022 forecasts ranged from growth of 500,000 bpd to 1.3 million bpd. U.S. shale oil output usually responds rapidly to price signals and U.S. crude has this week hit its highest since October 2018 at nearly $73 a barrel. “Investment discipline and free cash flow for the investor,” said one OPEC+ source on condition of anonymity, summarising one of the ECB meeting’s talking points. OPEC producers were sent reeling by a 2014-2016 price slide and global glut caused partly by rising U.S. output.
Persons: Dado, , Wood MacKenzie Organizations: REUTERS, OPEC’s Economic, Board, ECB, Investment, OPEC, International Energy Agency, Argus Media, U.S . Energy Information Administration, IHS, Energy Intelligence Locations: OPEC, Saudi Arabia
A U.S. one dollar banknote is seen in front of displayed stock graph in this illustration taken May 7, 2021. The dollar index , which tracks the greenback against six major currencies, was up 0.38% at 92.23, its highest since mid April. That puts the index on pace for a weekly gain of about 2%, its best weekly jump in about 14 months. "Essentially, the entire world was short the dollar going into this, everyone from speculative traders to corporates to investors," Schamotta said. The unwind of sizeable bearish bets against the dollar is expected to provide support for the greenback in coming days, investors said.
Persons: Dado Ruvic, James Bullard, Karl Schamotta, Schamotta, Sterling, Julien Ponthus, Tom Westbrook, Catherine Evans Organizations: REUTERS, U.S . Federal, Louis Federal Reserve, U.S ., Cambridge Global Payments, European Central Bank, U.S, BBVA, Thomson Locations: U.S, Toronto, Spanish, Switzerland
Community site Nextdoor has emerged as a key player along with Amazon Ring's Neighbors and crime-tracking app Citizen. Neighborhoods users are prompted to introduce themselves, log interests and answer ice-breaker questions, like favorite DIY projects. Researchers identified Facebook Groups as a source of false claims and violent incitement ahead of the U.S. Capitol riot. All Neighborhoods users must be over 18 and new accounts or repeat rule-violators are not allowed. As designed, recent traffic on some Neighborhoods showed typical local community messages.
Persons: Dado Ruvic, Reid Patton, Charlotte ,, Patton, Nina Jankowicz, Facebook's Patton, We've, Stills, Matthew Guariglia, Nextdoor, , , Sarah Friar, Elizabeth Culliford, Moira Warburton, Jenna Zucker, Paresh Dave, Kenneth Li, Lisa Shumaker Organizations: REUTERS, Facebook, Nextdoor, Facebook Groups, U.S, Capitol, Wilson Center, Reuters, Amazon, Citizen, Electronic Frontier Foundation, Thomson Locations: Canada, U.S, Baton Rouge , Louisiana, Charlotte, Charlotte , North Carolina, Newark , New Jersey, San Diego , California, San Diego, Toronto, Vancouver, New York, Oakland , California
A 3D-printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. Officials from OPEC's Economic Commission Board (ECB) and external presenters attended a meeting on Tuesday focused on U.S. output, the sources said. While there was general agreement on limited U.S. supply growth this year, an industry source said for 2022 forecasts ranged from growth of 500,000 bpd to 1.3 million bpd. "Investment discipline and free cash flow for the investor," said one OPEC+ source on condition of anonymity, summarising one of the ECB meeting's talking points. OPEC producers were sent reeling by a 2014-2016 price slide and global glut caused partly by rising U.S. output.
Persons: Dado, Wood MacKenzie, Elaine Hardcastle Organizations: REUTERS, OPEC, OPEC's Economic, Board, ECB, International Energy Agency, Argus Media, U.S . Energy Information Administration, IHS, Energy Intelligence, Thomson Locations: OPEC, Saudi Arabia
A U.S. one dollar banknote is seen in front of displayed stock graph in this illustration taken May 7, 2021. The dollar index , which tracks the greenback against six major currencies, was up 0.37% at 92.213, its highest since mid-April. "Essentially, the entire world was short the dollar going into this, everyone from speculative traders to corporates to investors," Schamotta said. The unwind of sizeable bearish bets against the dollar is expected to provide support for the greenback in coming days, investors said. With a dovish European Central Bank seemingly far behind the Fed in the monetary policy cycle, traders will be reluctant to buy euros against dollars.
Persons: Dado Ruvic, James Bullard, Karl Schamotta, Schamotta, Goldman, Arnab Nilim, Sterling, Bitcoin, Julien Ponthus, Tom Westbrook, Catherine Evans Organizations: REUTERS, U.S . Federal, Fed, Louis Federal Reserve, U.S ., Cambridge Global Payments, Reuters, U.S, European Central Bank, BBVA, Thomson Locations: U.S, Toronto, Spanish, Switzerland
Facebook launches ads globally for Instagram Reels
  + stars: | 2021-06-17 | by ( ) www.reuters.com + 0.85   time to read: +1 min
Silhouettes of mobile users are seen next to a screen projection of Instagram logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration/File PhotoJune 17 (Reuters) - Facebook Inc (FB.O) is launching ads globally on its TikTok clone Instagram Reels, the company said on Thursday. The social media company, which is aiming to make money from its short-form video feature, began testing Instagram Reels ads in India, Brazil, Germany and Australia in April. "We see Reels as a great way for people to discover new content on Instagram, and so ads are a natural fit," said Instagram's Chief Operating Officer Justin Osofsky. The company said that Reels ads, which will loop and can be up to 30 seconds long, will appear between individual Reels.
Persons: Dado Ruvic, Louis Vuitton, Justin Osofsky, Elizabeth Culliford, Nick Zieminski Organizations: REUTERS, Facebook, BMW, Netflix, Brands, Thomson Locations: India, Brazil, Germany, Australia
A U.S. one dollar banknote is seen in front of displayed stock graph in this illustration taken May 7, 2021. At 1030 GMT, the dollar index was up 0.5% on the day at 91.825, its highest since April 13 . The euro dropped versus the dollar, with euro-dollar changing hands at a two-month low of $1.19295 . Deutsche Bank strategists said they were closing their long euro-versus-dollar trade recommendation, which was based on the Fed being dovish. Versus the dollar, the Norwegian crown was still down around 1% on the day , and versus the euro, it slipped about 0.4%, changing hands at 10.214 .
Persons: Dado Ruvic, Elsa Lignos, Jeremy Stretch, hawkishness, bitcoin, Elizabeth Howcroft, John Stonestreet Organizations: REUTERS, U.S . Federal Reserve, Treasury, RBC Capital Markets, Deutsche Bank, U.S ., Swiss, Kiwi, CIBC Capital Markets, Thomson Locations: Swedish, Australia, Norwegian
A U.S. one dollar banknote is seen in front of displayed stock graph in this illustration taken May 7, 2021. The dollar index , which tracks the greenback against six major currencies, was up 0.38% at 91.75, its highest since mid April. For some, including Goldman Sachs and Deutsche Bank, the Fed's changed tune prompted an abandoning of calls to short the dollar. With equity markets hurting, the Australian dollar - seen as a proxy for risk appetite - was down 0.54% at 0.7568, its lowest since April 1. . read moreThe stronger dollar sent sterling below $1.40 to a fresh 5-week low.
Persons: Dado Ruvic, John Doyle, Doyle, Goldman Sachs, bitcoin, Elizabeth Howcroft, John Stonestreet Organizations: REUTERS, U.S . Federal Reserve, Tempus Inc, Deutsche Bank, Goldman, Thomson Locations: Australia, Norwegian
ByteDance's gross profit rose 93% to $19 bln last year - WSJ
  + stars: | 2021-06-17 | by ( ) www.reuters.com sentiment -0.99   time to read: 1 min
The ByteDance logo is seen in this illustration taken, Nov. 27, 2019. REUTERS/Dado Ruvic/Illustration/File PhotoJune 17 (Reuters) - TikTok Owner ByteDance's gross profit surged 93% to $19 billion last year, while its net loss for 2020 totaled $45 billion, the Wall Street Journal reported on Thursday, citing a memo. The company's revenue last year more than doubled to $34.3 billion, the newspaper said. Reporting by Kanishka Singh and Nandakumar D in Bengaluru; Editing by Himani SarkarOur Standards: The Thomson Reuters Trust Principles.
Persons: Dado Ruvic, Kanishka Singh, Nandakumar, Himani Sarkar Organizations: REUTERS, Wall Street, Thomson Locations: Bengaluru
TOKYO (Reuters) - The dollar rose to its highest level in almost two months versus major peers on Thursday after the Federal Reserve unexpectedly brought forward its projections for interest rate hikes into 2023. FILE PHOTO: A U.S. one dollar banknote is seen in front of displayed stock graph in this illustration taken May 7, 2021. A majority of 11 Fed officials pencilled in at least two quarter-point interest rate increases for 2023, even as they pledged in their statement to keep policy supportive for now to encourage an labour market recovery. The dollar climbed to an almost two-month high of $1.1984 per euro on Thursday, extending its gain of about 1% from the previous session. The Australian dollar dipped to $0.75975, the lowest since April 13, before trading 0.3% higher to recoup some of Wednesday’s 1% tumble.
Persons: Dado Ruvic, , Sterling, ” Cryptocurrencies Organizations: Federal Reserve, REUTERS, ” TD Securities, Canadian, ” Westpac, RIC Locations: TOKYO, Asia, Tokyo
More people view crypto assets as acceptable investment, says UK watchdog
  + stars: | 2021-06-17 | by ( Huw Jones | ) www.reuters.com sentiment -0.99   time to read: +2 min
REUTERS/Dado Ruvic/IllustrationLONDON, June 17 (Reuters) - More people see crypto assets as a mainstream investment rather than a “gamble” as ownership of bitcoin and similar crypto currencies has risen to 2.3 millon adults in Britain this year, the Financial Conduct Authority said on Thursday. Regulators have repeatedly warned consumers about the "speculative" nature of largely unregulated crypto assets, with bitcoin hitting a high of around $64,899 in April before a sharp drop left it trading around at $39,344 on Thursday morning. But people increasingly see crypto assets as a potential investment, even though the level of understanding of the sector is declining, the FCA said in its fourth study into crypto assets ownership. The number of UK adults owning crypto assets has risen quickly from 1.9 million in 2020, the FCA said, adding that the number of people who view them as a gamble fell to 38% from 47% over the same period. Ownership of stablecoins is much lower, with 87% of crypto users saying none of the crypto currencies they bought were stablecoins.
Persons: Dado Ruvic, Sheldon Mills, Mills, Diem, Stablecoins, Huw Jones, Elaine Hardcastle Organizations: REUTERS, Financial, Authority, Regulators, FCA, Thomson Locations: Britain
The United States has already begun shipping doses, said White House COVID-19 response coordinator Jeff Zients, adding that some shots will go to Canada on Thursday and some will go to Brazil in the coming weeks. Canada said it expects to receive around 1 million Moderna Inc (MRNA.O) shots from the United States on Thursday. The Biden administration earlier this month announced plans for how it will allocate 25 million shots and said it would allocate the remaining 55 million shots by the end of June. The United States has been increasing shot shipments abroad as it progresses quickly in its vaccination campaign for its own residents. The White House announced last week that it was purchasing 500 million Pfizer Inc (PFE.N) shots to donate to poorer countries in 2021 and 2022.
Persons: Dado, Jeff Zients, Biden, Zients, Rochelle Walensky, Carl O'Donnell, Chizu Organizations: Johnson, Pfizer, REUTERS, U.S, United, Moderna Inc, White House, Pfizer Inc, U.S . Centers for Disease Control, Prevention, Thomson Locations: United States, Canada, Brazil, U.S, India
TOKYO (Reuters) - The dollar held near a one-month high against a basket of currencies on Wednesday as investors tried to ascertain if the Federal Reserve might alter the language on its stimulus following a recent jump in U.S. inflation. REUTERS/Dado Ruvic/Illustration/File PhotoThe dollar index stood at 90.499, having hit a one-month high of 90.677 on Tuesday despite mixed U.S. economic data. Yet most investors think the Fed will refrain from any hints of starting tapering its stimulus in the near future. The British pound, a strong performer so far this year, hit a one-month low of $1.4035 on Tuesday despite stronger-than-expected employment data. In crypto markets, bitcoin traded at around $40,295, having hit a near one-month high of $41,341 on Tuesday, aided by the promise of fresh investment from major backer MicroStrategy and an upbeat tweet from Tesla boss Elon Musk.
Persons: Dado Ruvic, , they’ve, , Bart Wakabayashi, Wakabayashi, Makoto Noji, payrolls, Boris Johnson, MicroStrategy, Elon Musk Organizations: Federal, U.S, Federal Reserve, State Street Bank, U.S ., Nikko Securities, Treasury, European Central Bank, Bank of Japan, bitcoin Locations: TOKYO, pare, Tokyo
Twenty-eight Chinese air force aircraft, including fighters and nuclear-capable bombers, entered Taiwan's air defence identification zone (ADIZ) on Tuesday, the Chinese-claimed island's government said. Democratically-ruled Taiwan has complained over the last few months of repeated missions by China's air force near the island, concentrated in the southwestern part of its air defence zone near the Taiwan-controlled Pratas Islands. read more"The Ronald Reagan Strike group did not interact with any Chinese military aircraft," Carrier Strike Group 5 spokesperson Lt. Cmdr. Joe Keiley said in an emailed statement responding to questions on whether the Chinese aircraft had approached them. This "to a certain degree was targeting our deployments in the east and increasing air defence pressure around our ADIZ", the source said.
Persons: Dado Ruvic, Ma Xiaoguang, Ma, Ronald Reagan, Cmdr, Joe Keiley, Yimou Lee, Ben Blanchard, Raju Gopalakrishnan Organizations: REUTERS, Seven, Taiwan Affairs Office, U.S . Navy, Group, Reuters, U.S ., Beijing, Thomson Locations: BEIJING, TAIPEI, China, Taiwan, Beijing, Pratas, United States, Philippines, ADIZ, Taiwan's
Facebook says it removed fake Ethiopia account network ahead of election
  + stars: | 2021-06-16 | by ( Elizabeth Culliford | ) www.reuters.com sentiment -1.00   time to read: +2 min
REUTERS/Dado Ruvic/File PhotoJune 16 (Reuters) - Facebook Inc (FB.O) said on Wednesday it had removed a network of fake accounts in Ethiopia targeting domestic users ahead of next week's elections, which it linked to individuals associated with the country's Information Network Security Agency. Facebook said the network posted mainly in Amharic about news and current events, including about Prime Minister Abiy Ahmed and his Prosperity Party. It said the network posted critical commentary about opposition politicians and groups including the Oromo Liberation Front, Ethiopian Democratic Party, and the Tigray People's Liberation Front among others. Facebook said the network of accounts, groups and pages on Facebook and Instagram had violated its rules against "coordinated inauthentic behavior" and had accelerated its posting in 2020 and into 2021. read moreFacebook said the network's activity on its platforms was not directly focused on the Tigray region or the ongoing conflict in Tigray.
Persons: Dado, Abiy Ahmed, INSA, Abiy, Instagram, Elizabeth Culliford, Dawit Endeshaw, Nick Tattersall Organizations: REUTERS, Facebook, country's Information Network Security Agency, Prosperity Party, Ethiopian Democratic Party, Liberation, Reuters, Thomson Locations: Ethiopia, Oromo, Tigray, U.S, New York
“Meme stocks,” which often start as low-priced, highly shorted stocks that users of online forums such as Reddit’s WallStreetBets rally behind, are some of the most heavily traded and volatile shares on any given day. "That price formation is not really reflective of what supply and demand is," she said at a conference hosted by CNBC. In meme stocks, individual traders contribute as much as 70% of the volume, Cunningham said. The majority of retail orders bypass exchanges because of an arrangement called payment for order flow, in which retail brokerages sell their customers' marketable orders to wholesale brokers. The wholesalers match the orders internally, trying to profit off of the bid-ask spread, while offering retail traders the best market price or better.
Persons: Dado Ruvic, Stacey Cunningham, Cunningham, Gary Gensler, Gensler, John McCrank, Matthew Lewis Organizations: GameStop, REUTERS, New York Stock Exchange, GameStop Corp, AMC Entertainment, Intercontinental Exchange, CNBC, Retail, U.S . Securities, Exchange Commission, Thomson Locations: New York
UK watchdog looking into Apple, Google's dominance of mobile phone systems
  + stars: | 2021-06-15 | by ( Reuters Staff | ) www.reuters.com sentiment -0.98   time to read: +2 min
FILE PHOTO: A 3D printed Google logo is placed on the Apple Macbook in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/IllustrationLONDON (Reuters) -Britain’s competition watchdog said it would investigate whether Apple and Google’s dominance of mobile phone operating systems, app stores and web browsers hurt consumers, launching its latest probe into the tech giants. The Competition and Markets Authority said it would undertake a “market study” into the matter to see whether the pair’s effective duopoly was stifling competition and ripping off consumers, or hurting businesses like app developers. The CMA said the new study into mobile ecosystems would be broader than some of the other competition probes it already has into Apple’s App Store and Google’s Privacy Sandbox. Last year, the CMA concluded an investigation into digital advertising, concluding that Google and Facebook have developed unassailable market positions, with the two accounting for nearly 80% of UK’s digital advertising spend.
Persons: Dado Ruvic, Andrea Coscelli Organizations: Apple, REUTERS, Markets Authority, European Union, CMA, Google, Facebook Locations: United States
Facebook, big tech face EU blow in national data watchdogs ruling
  + stars: | 2021-06-15 | by ( Foo Yun Chee | ) www.reuters.com + 0.00   time to read: +3 min
Consumer lobbying group BEUC welcomed Tuesday's ruling by the EU Court of Justice (CJEU), which backed the right of national agencies to act, citing enforcement bottlenecks. Several national watchdogs in the 27-member EU have long complained about their Irish counterpart, saying that it takes too long to decide on cases. "It has also opened the back door for all national data protection enforcers to start multiple proceedings against companies," CCIA Europe senior policy manager Alex Roure said. "Data protection compliance in the EU risks becoming more inconsistent, fragmented, and uncertain. We urge national authorities to be cautious about launching multiple proceedings that would weaken legal certainty and further complicate data protection compliance in the EU," he said.
Persons: Dado, BEUC, Tuesday's, CJEU, Monique Goyens, Jack Gilbert, Facebook's, CCIA, Alex Roure Organizations: EU, REUTERS, European Union, Consumer, of Justice, Google, Twitter, Apple, Facebook, Big Tech, Verizon Media, Microsoft, Tech, Thomson Locations: European, Ireland, Belgian, Belgium, Europe
FILE PHOTO: A 3D printed Amazon postal package is placed on a keyboard in this illustration taken March 25, 2020. The Competition Commission of India (CCI) initiated a probe in January last year on the basis of a complaint alleging Amazon and Flipkart promoted select sellers on their e-commerce platforms and that deep discounts stifled competition. Amazon declined to comment. While arguing to restart the probe, the CCI told a court in Karnataka state that the Reuters report corroborated evidence here. The antitrust body will examine the Reuters report and could use it as part of its investigation, one of the people said.
Persons: Dado Ruvic, Flipkart, Organizations: Amazon.com Inc, Walmart, REUTERS, Twitter Inc, Facebook Inc, of India, Google, Alphabet Inc, MakeMyTrip, Reuters Locations: DELHI, India, Karnataka, Indian
Japan to ship 1 mln COVID-19 vaccines to Vietnam on June 16
  + stars: | 2021-06-15 | by ( ) www.reuters.com sentiment -0.98   time to read: 1 min
A vial labelled with the AstraZeneca coronavirus disease (COVID-19) vaccine is seen in this illustration picture taken March 19, 2021. REUTERS/Dado Ruvic/Illustration/File PhotoJapan will send 1 million COVID-19 vaccine doses to Vietnam, Japanese Foreign Minister Toshimitsu Motegi said on Tuesday. The shipment of AstraZeneca PLC (AZN.L) vaccines produced in Japan are due to arrive in Vietnam on Wednesday, Motegi told reporters. Japan is considering additional vaccine donations to Vietnam and Taiwan, and it plans to send doses to Indonesia, Malaysia, the Philippines and Thailand early next month, Motegi added. Taiwan received its first shipment of AstraZeneca doses earlier this month.
Persons: Dado Ruvic, Toshimitsu Motegi, Motegi Organizations: AstraZeneca, REUTERS, Japanese, AstraZeneca PLC, Thomson Locations: Japan, Vietnam, Taiwan, Indonesia, Malaysia, Philippines, Thailand
REUTERS/Dado Ruvic/Illustration/File PhotoAnglo-Swedish drugmaker AstraZeneca (AZN.L) said on Tuesday a study of its monoclonal antibody treatment, AZD7442, did not meet the main goal of preventing symptomatic COVID-19 in people recently exposed to the novel coronavirus. AZD7442 reduced the risk of developing symptomatic COVID-19 by 33% compared to a placebo, which was not statistically significant, the company reported. AstraZeneca is also studying the treatment in a pre-exposed patients trial and for preventing more severe disease. The monoclonal antibody therapy belongs to a class of drugs which mimic natural antibodies the body produces to fight off the infection. Rivals Regeneron Pharmaceuticals Inc (REGN.O) and Eli Lilly & Co (LLY.N) have both developed monoclonal antibody therapies which have been authorised for use in the United States to treat patients infected with the virus.
Persons: Dado Ruvic, AZD7442, Eli Lilly Organizations: Astra, AstraZeneca, REUTERS, Rivals Regeneron Pharmaceuticals Inc, European Medicines Agency, GlaxoSmithKline, Vir Biotechnology Inc, Lonza, U.S ., U.S, Thomson Locations: Swedish, United States, Celltrion, Swiss, Portsmouth , New Hampshire
EU has carried out 300 million COVID-19 vaccinations - Von der Leyen
  + stars: | 2021-06-15 | by ( ) www.reuters.com sentiment -0.93   time to read: 1 min
Vials labelled "COVID-19 Coronavirus Vaccine" and sryinge are seen in front of displayed EU flag in this illustration taken, February 9, 2021. REUTERS/Dado Ruvic/Illustration/File PhotoThe European Union has passed the 300 million COVID-19 vaccinations threshold, European Commission President Ursula von der Leyen said on Tuesday. "We have passed 300 million vaccinations in the EU. Every day, we get closer to our goal: to have enough doses delivered to vaccinate 70% of adults in the EU next month," Von der Leyen wrote on her Twitter account. Our Standards: The Thomson Reuters Trust Principles.
Persons: Dado Ruvic, Ursula von der Leyen, Von der Leyen Organizations: REUTERS, EU, Thomson
FILE PHOTO: A 3D printed Amazon postal package is placed on a keyboard in this illustration taken March 25, 2020. read moreThe Competition Commission of India (CCI) initiated a probe in January last year on the basis of a complaint alleging Amazon and Flipkart promoted select sellers on their e-commerce platforms and that deep discounts stifled competition. While arguing to restart the probe, the CCI told a court in Karnataka state that the Reuters report corroborated evidence. Amazon, which has said it "does not give preferential treatment to any seller", told the court it disagreed with the Reuters report. The antitrust body will examine the Reuters report and could use it as part of its investigation, one of the people said.
Persons: Dado Ruvic, Flipkart Organizations: REUTERS, Amazon.com Inc, Walmart, Twitter Inc, Facebook Inc, of India, Google, Alphabet Inc, MakeMyTrip, Reuters, Thomson Locations: India, Karnataka, Indian
EU court backs national data watchdog powers in blow to Facebook, big tech
  + stars: | 2021-06-15 | by ( ) www.reuters.com sentiment -0.99   time to read: +1 min
Facebook logo in 3D in front of the EU flag, May 15, 2015. REUTERS/Dado Ruvic/File PhotoEurope's top court on Tuesday endorsed the power of national data watchdogs to pursue big tech firms even if they are not their lead regulators, in a setback for Silicon Valley companies such as Facebook (FB.O). The EU Court of Justice (CJEU) ruling could encourage national agencies to act against U.S. tech companies such as Google (GOOGL.O), Twitter (TWTR.N) and Apple , which all have their European Union headquarters in Ireland. Many national watchdogs in the 27-member European Union have long complained about their Irish counterpart, saying that it takes too long to decide on cases. Under landmark EU privacy rules known as GDPR, Facebook faces oversight by the Irish privacy authority because it has its European head office in Ireland.
Persons: Dado, CJEU Organizations: EU, REUTERS, Facebook, of Justice, U.S, Twitter, Apple, European Union, Thomson Locations: Silicon, Ireland, Belgian, Belgium, Irish
Vials with a sticker reading, "COVID-19 / Coronavirus vaccine / Injection only" and a medical syringe are seen in front of a displayed Johnson & Johnson logo in this illustration taken October 31, 2020. All the J&J doses authorized from the plant to date are expected to be exported to other countries, one of the sources said. read moreThe agency said it was still not ready to authorize the Emergent plant to restart making the J&J vaccine. Safety concerns about the J&J vaccine paired with flagging U.S. demand for vaccinations in general have slowed rollout of the one-shot vaccine to a crawl. Just under 10 million out of the 21 million doses produced for the United States sit unused.
Persons: Johnson, Dado Ruvic, J, Amruta Khandekar, Arun Koyyur Organizations: REUTERS, U.S . Food, Drug Administration, Johnson, FDA, U.S, New York Times, Thomson Locations: U.S, Baltimore, United States
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