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Stock markets have responded very strongly to news from the US drugs giant Pfizer and the German biotech company BioNTech that their COVID-19 vaccine has proved to be more than 90% effective in late stage clinical trials.

Stock markets have responded very strongly to news from the US drugs giant Pfizer and the German biotech company BioNTech that their COVID-19 vaccine has proved to be more than 90% effective in late stage clinical trials.

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