January 6, 2021 - Biz in 60

NYSE reverses its reversal, to delist Chinese telecom stocks The New York Stock Exchange has once again decided to delist China's three state-run telecom companies to comply with a Trump administration order. The move comes a day after the exchange announced it was scrapping its plans after further consultation with US regulators. Meanwhile, President Donald Trump has signed a new executive order banning transactions with eight Chinese apps. EU gives approval for Moderna COVID-19 vaccine The European Commission has given the greenlight for the use of the COVID-19 vaccine developed by US company, Moderna. It's the second injection that's been approved by the EU after it authorised the Pfizer- BioNTech vaccine last month. Brussels has already ordered 80-million doses of the Moderna inoculation, with an option to double the amount. Japan, Mexico agree to expand Trans-Pacific Partnership Japan and Mexico have agreed to expand the 11-nation Trans-Pacific Partnership. Japan succeeds Mexico this year as chair of the trade pact, which also includes countries such as Australia, Canada, Chile, Singapore and Vietnam. US President-elect Joe Biden is expected to revisit the deal, after Donald Trump withdrew the US from the agreement in 2017