Stock prices soared worldwide after Moderna said its vaccine was 94.5 percent effective.

In London, the FTSE 100 closed 1.7 percent higher, as companies hard hit by the pandemic reemerged. This included the unified international group of airlines, the owner of British Airways, whose share price rose by 9.7 percent.

Elsewhere, the S&P 500 in New York was also buoyed by advertising.

My colleague Ben Chapman has all the details here:

Germany has postponed a decision on whether to impose tougher restrictions on the Corona virus, after the majority of its federal leaders rejected Chancellor Angela Merkel’s recent proposals.

Merkel had wanted tougher measures, including compulsory wearing of masks in schools and tougher restrictions on social contact.

The decision has been postponed until November 25.

“I could have imagined more communication restrictions imposed today.” Merkel said on Monday that the current restrictions did not reverse the trend yet, but that we have broken the dynamics of new infections.

Her comments came after Germany imposed a “light lockdown” earlier this month, which resulted in the closing of bars and restaurants.

Israeli Prime Minister Benjamin Netanyahu said he is studying the possibility of purchasing doses of the Russian Sputnik-V virus vaccine for his country.

“I spoke with Russian President Vladimir Putin about the possibility of purchasing the Sputnik-V vaccine option,” he told reporters on Monday, adding that there will be further talks in the coming days.

Israel has already agreed deals with Moderna and Pfizer, both of which have achieved promising trial results so far.

The country is also developing its own vaccine.

“My goal is to get the largest number of vaccines from the largest possible number of citizens, as soon as possible,” Netanyahu said.

Philadelphia Health Commissioner Thomas Farley said on Monday that Philadelphia will ban all indoor gatherings due to the high number of Covid-19 cases.

He added that strict restrictions would be imposed on outside events in the city.

Philadelphia, located in Pennsylvania, is the sixth largest city in the country.

Matt Hancock said Monday during a press conference that forty clinics will be launched in England this month to deal with “the long-running Covid”.

The Minister of Health said: “We have already seen the dangerous impact that COVID can have for a long time on people’s quality of life, even fitness and youth, and symptoms such as fatigue, shortness of breath, muscle pain and nerve problems, long after their first exposure to the virus. ”

He added, “We know that the long-standing Coronavirus affects thousands of people, and thousands of people.”

Tourists heading to the Canary Islands from the UK during the holidays face additional expenses to pay for the special Covid-19 tests.

The Spanish Ministry of Health said that vacationers from the United Kingdom arriving after November 22 must show evidence of a negative result from a test taken in the previous three days.

Although Heathrow Airport has testing facilities that can convert results within an hour, they do not meet the standards set by the Spanish authorities.

Alternatively, travelers may have to pay more than £ 125 each for special tests.

The Independent Travel reporter Simon Calder has all the details here:

Health Secretary Matt Hancock has refused to promise NHS employees a pay increase following the coronavirus, Andrew Woodcock wrote.

Mr. Hancock made the comments in response to a question from whom The Independent Health reporter Shawn Lintern.

Dr. Sumiya Swaminathan, chief scientist at the World Health Organization (WHO), said it will take “at least two months” before a modern coronavirus vaccine is submitted to regulators for approval.

Although Ms. Swaminathan described the results of the vaccine trial as “very encouraging”, she said that many questions need to be answered before approval and then posing.

Speaking from Geneva on Monday, she said: “There are still many questions remaining about the duration of protection, its impact on severe disease, the impact on different subpopulations, especially the elderly, as well as the harmful effects beyond a certain period of time.

“There are practical considerations such as the need for cold storage, the number of vaccine doses required, and the number of doses that may be available early in 2021.”

She added that the World Health Organization is “looking forward” to hearing the results of more vaccine trials in the coming weeks.

The United Kingdom obtained 5 million doses of a coronavirus vaccine produced by the American company Moderna, hours after the company announced promising results from the third phase of its ongoing trial.

Health Minister Matt Hancock announced the news at a press conference on Monday, while standing on behalf of the prime minister, who is self-isolating after contacting a member of Parliament who subsequently tested positive for the virus.

Kate Devlin has more on this urgent story below:

Health Minister Matt Hancock said that the number of deaths from the Corona virus in the United Kingdom rose by 168 over 24 hours.

The number of Covid-19 cases in the UK also continues to rise, with an average of 25,329 new cases reported every day, up from 22,443 last week.

My colleague Chiara Giordano has more details on the story here: