Friday, 14 Aug 2020

Gold Edges Higher Ahead Of U.S. Payrolls Data

TTDeye Brand Colored Contact Lenses Recalled

Chengdu Ai Qin E-commerce Co., Ltd has recalled 1362 pairs of TTDeye Brand colored contact lenses, which were found to be distributed without FDA clearance and may pose a threat to health, the U.S. Food and Drug Administration said in a statement.

The recall involves colored contact lenses in various names, such as Black Starshine, Diamonds Starlight, Flower Brown, Flower Grey, Radial Brown, Radial Pink, and Devil Red.

The recalled products were manufactured in August 2018 and may be identified by name of the product and the date of manufacture, “2018-08”, found on the package label.

They were sold through the website www.ttdeye.com and shipped directly to the customer from August 5 to October 11, 2019.

Customers are asked to immediately cease use of the product and and contact the company.

Meanwhile, the company has not received any complaints to date related to the recalled products.

United Airlines emergency: Flight from Amsterdam declares mid-air alert

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United Airlines Flight 2811 from Amsterdam transmitted code 7700, indicating general emergency while flying over UK, according to aviation tracking website FlightAware.

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Turkish central bank to monitor pandemic impact

ISTANBUL, July 2 (Reuters) – Turkish central bank said on Thursday that it would monitor the effects of the pandemic on the Turkish economy and use the tools at its disposal in pursuit of its price stability and financial stability objectives.

In minutes of its rate-setting meeting, the central bank said it was important to complement monetary and fiscal policies with measures targeting the most-affected economic units.

Ensuring policy measures are designed in a targeted and temporary fashion would support policy effectiveness, the central bank also said.

COVID-19: Brazil deploys army to help protect Indigenous people

A military operation to fight COVID-19 in Brazil as the risk grows for the country’s Indigenous communities.

Brazil’s coronavirus death toll has passed 60,000, and the infection rate continues to climb.

As the pandemic rages, Indigenous people in the Amazon are especially at risk.

Their communities are already under pressure from illegal mining and logging.

Now, they fear the pandemic could be the biggest threat yet.

 

Al Jazeera’s Teresa Bo reports.

Netherlands tourism: Businesses wait to see reopening benefits

There is no sign of visitors even though restrictions have been lifted, but many fear the Netherlands is too dependent on tourism.

People in the tourism industry in the Netherlands have been hesitant about welcoming back visitors as pandemic restrictions are being eased.

While tourists bring in significant earnings, health concerns remain.

And that is reigniting the debate over making tourism sustainable.

Al Jazeera’s Step Vaessen reports from Amsterdam, the Netherlands.

Helsinn, MEI Pharma Discontinue Phase 3 Study With Pracinostat – Quick Facts

Swiss pharma company Helsinn Group and MEI Pharma, Inc. (MEIP) announced Thursday that they have decided to discontinue the recruitment of patients and end the Phase 3 Study with Pracinostat in Acute Myeloid Leukemia (AML) following an interim analysis.

The interim futility analysis demonstrated that it was unlikely to meet the primary endpoint of overall survival compared to the control group.

The decision was based on a lack of efficacy and not on safety concerns. Pending further evaluation, patients currently enrolled in other pracinostat studies will continue treatment.

The interim analysis was conducted for the ongoing Phase 3 study of pracinostat in combination with azacitidine in patients with AML who are unfit to receive standard intensive chemotherapy, undertaken by the study Independent Data Monitoring Committee (IDMC).

AML is a disorder of the blood and bone marrow caused by the uncontrolled proliferation of an abnormal hematopoietic cell of myeloid lineage. This results in a high circulating number of immature blood cells and replacement of normal bone marrow by malignant cells.

Gold Edges Higher Ahead Of U.S. Payrolls Data

Gold prices rose slightly on Thursday and the dollar dipped as investors look ahead to the U.S. Labor Department’s closely watched monthly employment report for June later in the day for further clues about the health of the world’s largest economy.

Spot gold edged up 0.2 percent to $1,773.99 per ounce, after having touched $1,788.96 on Wednesday, its highest level since October 2012. U.S. gold futures were up 0.3 percent at $1,785.15.

Risk sentiment improved somewhat as encouraging news on a vaccine for Covid-19 as well as upbeat manufacturing PMI data across the globe helped revive hopes for a quick economic recovery.

However, concerns persist about the spread of the coronavirus after the United States recorded its biggest one-day spike in coronavirus cases and California reimposed some coronavirus lockdown measures.

Elsewhere, China today warned of strong countermeasures if the U.S., Australia and the U.K. continued taking actions in response to Beijing’s tough national security law in Hong Kong.

The U.S. House of Representatives on Wednesday passed legislation that would penalize banks doing business with Chinese officials who implement a national security law.

The United Kingdom condemned China’s new security law on Hong Kong as a threat to the city’s freedom and said it would offer a path to citizenship for eligible Hong Kong residents.

Australia said it is working on a scheme to provide safe haven to Hong Kong residents.

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