30 March 2024
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5 things you need to know today

Switzer Daily
24 November 2020

1. AstraZeneca COVID-19 vaccine already in production

The coronavirus vaccine developed by pharmaceutical company AstraZeneca is already in production in Melbourne at a CSL factory. The most recent late-stage trials show that the last-stage trials of this vaccine are up to 90% effective and the Therapeutic Goods Administration has given its provisional approval.

2. Pressure mounting on Annastacia Palaszczuk ahead of QLD border closure review

Pressure is mounting on Annastacia Palaszczuk ahead of a review of Queensland’s border closure today. Gladys Berejiklian said on the Channel 7 morning show, Sunrise, today that “ I also ask them to look at the conditions they put on us (in NSW) because it is really difficult. I don’t want to give the message to the community that the borders will keep opening and shutting at a whim because that doesn’t give anybody certainty.”

3. Tesla debut in S&P 500

Tesla will make a debut in the S&P 500 in December, after shares rose 6% on Monday making the market value reached $500 billion. This would place Tesla at a higher value than car manufacturers GM or Ford.

4. Facebook banned in the Solomon Islands

The government of the Solomon Islands is moving ahead with a Facebook ban throughout the country despite public criticism. "We have [a] duty to cultivate national unity and the happy coexistence of our people… [Facebook] is undermining efforts to unite this country," Prime Minister Manasseh Sogavare said. Amnesty International described the ban, which was introduced following allegations of abusive language towards government ministers, as a "blatant and brazen attack on human rights".

5. Wall Street gains on Monday

As the first trading day of the week came to a close in the US, the Dow Jones was up 327.79 points or 1.12% to 29,591.27, the S&P 500 gained 20.05 points or 0.56% to 3,577.59 and the Nasdaq grew 25.66 points or 0.22% to 11,880.63.

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