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London to be the host of the world’s first ever Covid-19 human challenge trials where healthy volunteers are deliberately infected with the virus to check the effectiveness of vaccines to experiment. The UK government-funded experiment will begin in January at a secure quarantine facility. The researchers, said the trials are likely to move into clinical testing next year. Volunteers will be injected with a vaccine and after a month, will given a dose of the virus that causes Covid-19, under controlled conditions. About 2,000 volunteers have signed up for challenge studies in the UK.
The Cinema world has raised concerns for the survival of a second lockdown, reporting a £1.3bn loss for the first half of the year because of the pandemic. The cinema‘s loss for 6 months compared it’s profits worth £110m last year, following the forced lockdown of its 778 cinemas worldwide, said admissions have been growing since it’s reopening in the UK and the US with local films and the release of the blockbuster movie Tenet. Cineworld reopened 561 cinemas. However, if there will be any further restrictions, there could be a big question about the financial future.
Nongfu Spring, Owner of China’s largest bottled water maker has overtaken Alibaba’s Jack Ma, becoming nation’s richest person, after the company’s share price shoots to $58.7bn making him richer than Mr Ma, whose fortune dipped to $56.7bn after shares in Alibaba fell 0.9% in New York recently. Investors are giving the stocks of Nongfu very high valuation, none have seen in the past.