East Jerusalem: Israel accused of ploy to increase control
The municipality says the intention with Silicon Wadi is to improve employment and living standards.
An Israeli municipal government is planning to turn an industrial neighbourhood in occupied East Jerusalem into a technology hub.
But opponents say the project is another attempt to illegally solidify Israeli control over occupied Palestinian land.
Al Jazeera’s Harry Fawcett reports.
Moderna: MRNA-1273 Resists High Dose SARS-CoV-2 Infection In Non-human Primates
Moderna, Inc. (MRNA) said a preclinical study evaluating mRNA-1273, the company’s vaccine candidate against COVID-19, showed that a two-dose vaccination schedule of mRNA-1273 led to a robust immune response and protection against SARS-CoV-2 infection in the upper and lower airways in non-human primates, without evidence of vaccine-associated enhanced respiratory disease.
In the study, two doses of mRNA-1273 provided protection against lung inflammation
following viral challenge with SARS-CoV-2 in non-human primates at both the 10 g and 100 g dose levels. Also, both the dose groups showed protection against viral replication in the lungs.
“This important preclinical study shows that mRNA-1273 protected against a high dose SARS-CoV-2 infection in non-human primates and prevented pulmonary disease in all animals, further supporting the clinical advancement of mRNA-1273,” said Stephen Hoge, President at Moderna.
Visa Says Spending Falls Even as Virus Shutdowns Start to Ease
The gradual reopening of cities around the world wasn’t enough to turn things around forVisa Inc.
- Spending on the firm’s cards dropped 10% in the company’s fiscal third quarter, which ended June 30. The world’s largest payments network has struggled in recent months as consumers stayed home and businesses remained shuttered to stem the spread of the coronavirus pandemic.
- Spending on Visa cards recovered in recent weeks, fueled by gains in online spending. The firm said in apresentation that spending on its network climbed roughly 10% in the week ended July 21.
- Cardholders’ overseas spending — a closely watched metric because such transactions are more profitable for Visa — dropped 38% in the quarter.
- The firm set aside $1.51 billion on incentives for banks and merchants to use its network, a 2% decrease from a year earlier. Still, that was above the $1.45 billion average of analyst estimates compiled by Bloomberg.
- Visa fell as much as 1.8% in extended trading after the announcement. It closed at $196.74 earlier in New York, for a decline this year of 4.7%.
- Read Visa’s full statementhere.
South Korea reopening: Domestic tourists flock to Busan's beaches
South Korea’s most popular beaches open for the summer but with extra precautions.
South Korea is going ahead with its annual opening of its beaches for the summer, but with special arrangements in place because of the pandemic.
Rob McBride reports from the city of Busan, which is a favourite tourist destination.
UK eases lockdown: Crowds and queues as hospitality venues open
Pubs, restaurants, hairdressers, cinemas and hotels have opened in England for the first time since late March.
There have been queues and crowds across England as pubs, restaurants, hairdressers and cinemas reopened following a relaxation of lockdown rules.
In London, big crowds gathered in beer gardens and outdoor spaces.
Al Jazeera’s Rory Challands reports from Soho in London.
Mondelez International Q2 Profit Down
Mondelez International, Inc. (MDLZ) Tuesday reported second-quarter net earnings of $544 million or $0.38 per share, down from $803 million or $0.55 per share last year.
Adjusted earnings for the quarter was $0.63 per share.
Revenues for the quarter dropped to $5.91 billion from 6.06 billion last year.
Analysts polled by Thomson Reuters estimated earnings of $0.56 per share on revenues of $5.92 billion for the quarter.
Ecuador hospitals under pressure, on verge of collapse
In the past month, the city has allowed some businesses to reopen after a lockdown, which is partly why new coronavirus cases increased.
Health workers in Ecuador’s capital say hospitals are on the verge of collapse, because of the number of new coronavirus cases.
More than 59,000 people are infected and at least 4,600 have died.
Al Jazeera’s Teresa Bo reports.
England requires no quarantine for travellers from 59 countries
Scotland and Wales will not be pressured into following England’s lead for now.
England is dropping coronavirus travel restrictions for visitors from dozens of nations.
From July 10, people arriving from 59 countries and 14 British overseas territories will no longer have to quarantine for two weeks.
Holiday favourites France, Spain and Italy are on the list.
But the United States and China are not.
Al Jazeera’s Rory Challands reports from London.
Jeffrey Epstein case: Ghislaine Maxwell faces 35 years in prison
Dozens of alleged victims say Maxwell played a central role in recruiting and trafficking minors.
The former partner of convicted sex offender Jeffrey Epstein is facing up to 35 years in prison, for her alleged part in abusing young girls.
Ghislaine Maxwell is accused of playing a critical role in recruiting girls as young as 14-years-old for Epstein’s sex trafficking ring.
Al Jazeera’s Gabriel Elizondo reports about her arrest.