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Coronavirus dwell updates: Germany pledges assist to WHO; LabCorp launches new antibody check

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The U.S. reported more new coronavirus cases on Wednesday than on any single day earlier than, according to a tally by NBC News, because the virus spreads to new communities and sparks outbreaks principally throughout the American South and West. Nearly half of all new circumstances got here from Florida, Texas and California, the place the outbreaks look like increasing.

That is CNBC’s dwell weblog masking all the most recent information on the coronavirus outbreak. This weblog might be up to date all through the day because the information breaks. 

  • International circumstances: Greater than 9.44 million
  • International deaths: Not less than 482,923
  • U.S. circumstances: Greater than 2.38 million
  • U.S. deaths: Not less than 121,979

The info above was compiled by Johns Hopkins College.

Sotheby’s public sale will check artwork market throughout coronavirus

8:27 a.m. ET — The worldwide artwork market might be examined for the primary time amid the Covid-19 pandemic on Monday as Sotheby’s auctions off greater than $300 million value of artwork, together with a single work for $60 million, CNBC’s Robert Frank reports.

Bidders won’t be able to see the art work in particular person, given customer guidelines at Sotheby’s New York headquarters, however they may take part in a digital dwell public sale with phone and on-line bidding and an auctioneer in London.

“We have been extremely impressed over the past three months, regardless of all the contextual backdrop, simply how resilient the market has been,” mentioned Sotheby’s CEO Charles Stewart. “I’d say that in some ways, we’re seeing really elevated engagement from our collectors.”

Since March, Sotheby’s has efficiently held greater than 100 on-line gross sales, in contrast with 40 gross sales in the identical interval in 2019. New options to Sotheby’s cellular app embrace an augmented actuality instrument so customers can just about place a portray on their wall. —Suzanne Blake

LabCorp launches new antibody check

Adam Schechter, president and CEO of LabCorp, speaks concerning the coronavirus within the Rose Backyard of the White Home, Monday, April 27, 2020, in Washington, as President Donald Trump and Stephen Rusckowski, CEO of Quest Diagnostics. pay attention.

Alex Brandon | AP

7:35 a.m. ET — LabCorp introduced a brand new check that can be utilized to evaluate the capability of antibodies in sufferers’ plasma to fight the coronavirus.

The plasma from recovered sufferers is being explored as a possible therapy for the illness. Info from the brand new check might be used within the growth of Covid-19 vaccines, the diagnostics producer mentioned. LabCorp mentioned the antibody check might be out there to bio-pharmaceutical corporations, hospitals, blood banks and different plasma-screening amenities.

“By leveraging our drug growth and diagnostic capabilities, we’re working tirelessly to search out options to stop and deal with Covid-19,” Paul Kirchgraber, head of LabCorp’s drug growth enterprise, mentioned in a press release Thursday. “The launch of this neutralizing antibody assay is the most recent effort in our firm’s dedication to speed up the analysis of vaccine candidates so {that a} profitable candidate could attain sufferers sooner.” —Holly Ellyatt

WHO has ‘all of the assist we want,’ chief says

Director-Common of the WHO Tedros Adhanom Ghebreyesus, attends a information convention on the novel coronavirus (2019-nCoV) in Geneva, Switzerland February 11, 2020.

Denis Balibouse | Reuters

7:12 a.m. ET — The World Well being Group mentioned it’s getting all of the political and monetary assist it wants. The feedback got here at a information convention in Geneva, the place France and Germany expressed assist for the United Nations company and Germany introduced greater than €250 million ($280 million) in new funding for the company.

Germany additionally mentioned it could donate medical gear to the WHO for distribution to international locations with shortages, Germany’s minister of well being Jens Spahn mentioned, although the brand new funding and donations are nonetheless contingent on Parliamentary approval.

“Together with this medical gear, the German Ministry of Well being might be offering greater than 500 million, greater than half a billion euros, to WHO this 12 months,” Spahn mentioned. “That is the very best quantity ever we’ve got contributed to the WHO in a single 12 months.”

The announcement comes almost a month after U.S. President Donald Trump introduced the U.S., the WHO’s largest funder, would cut ties with the WHO out of discontent with its response to the coronavirus pandemic.

“We’re getting as we speak all of the assist we want, political and monetary, as has been mentioned,” WHO Director-Common Tedros Adhanom Ghebreyesus mentioned. —Will Feuer

Learn CNBC’s earlier coronavirus dwell protection right here: Eiffel Tower reopens to tourists; Disney delays reopening for California parks

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