Markets
AstraZeneca Inks Europe Deal For 400M Covid-19 Vaccine Doses
- June 14, 2020
The four countries said earlier this month they had agreed to jointly carry out negotiations with drug developers and manufacturers to explore promising potential vaccines, and that other countries were welcome to join the alliance. The company has struck similar deals with the United Kingdom, the United States, the Coalition of Epidemic Preparedness Innovations, and Gavi the Vaccine Alliance for 700 million doses. (more...)
- June 14, 2020
The four countries said earlier this month they had agreed to jointly carry out negotiations with drug developers and manufacturers to explore promising potential vaccines, and that other countries were welcome to join the alliance. The company has struck similar deals with the United Kingdom, the United States, the Coalition of Epidemic Preparedness Innovations, and Gavi the Vaccine Alliance for 700 million doses. (more...)
Petrol, diesel prices increase for eighth day in a row
- June 14, 2020
In the past six days alone, the price of petrol and diesel across cities and states has increased by Rs 2-3 per litre on an average. They, however, promptly passed the increase in local sales tax or VAT by state governments such as Rs 1.67 increase in VAT on petrol and Rs 7.10 in diesel by the Delhi government on May 4. (more...)
- June 14, 2020
In the past six days alone, the price of petrol and diesel across cities and states has increased by Rs 2-3 per litre on an average. They, however, promptly passed the increase in local sales tax or VAT by state governments such as Rs 1.67 increase in VAT on petrol and Rs 7.10 in diesel by the Delhi government on May 4. (more...)
United Kingdom watchdog launches probe into Facebook's Giphy acquisition
- June 14, 2020
Facebook will temporarily halt integrating popular GIF database Giphy into its company, according to a source familiar with the situation, after the U.K.'s antitrust authority said it would investigate whether the acquisition is anti-competitive. (more...)
- June 14, 2020
Facebook will temporarily halt integrating popular GIF database Giphy into its company, according to a source familiar with the situation, after the U.K.'s antitrust authority said it would investigate whether the acquisition is anti-competitive. (more...)
Following Amazon, Microsoft will no longer sell facial-recognition software to police
- June 14, 2020
When even the makers of face recognition refuse to sell this surveillance technology because it is so risky, lawmakers can no longer deny the threats to our rights and liberties. While facial recognition technology has evolved considerably in recent years and has the potential to assist in legitimate police investigations, its application has always been contentious. (more...)
- June 14, 2020
When even the makers of face recognition refuse to sell this surveillance technology because it is so risky, lawmakers can no longer deny the threats to our rights and liberties. While facial recognition technology has evolved considerably in recent years and has the potential to assist in legitimate police investigations, its application has always been contentious. (more...)
European Union nations sign deal for coronavirus vaccine
- June 14, 2020
The vaccine from AstraZeneca, developed with the University of Oxford, is one of a handful of vaccines now in the clinical evaluation phase, the World Health Organization said. A person being injected as part of the first human trials in the United Kingdom to test a potential CCP virus vaccine, at Oxford University, England, on April 23, 2020. (more...)
- June 14, 2020
The vaccine from AstraZeneca, developed with the University of Oxford, is one of a handful of vaccines now in the clinical evaluation phase, the World Health Organization said. A person being injected as part of the first human trials in the United Kingdom to test a potential CCP virus vaccine, at Oxford University, England, on April 23, 2020. (more...)
AstraZeneca agrees to supply Europe with 400 million doses of pandemic vaccine
- June 14, 2020
The cost of making the vaccine, which was developed by Oxford University, is expected to be offset by funding from the governments. Earlier this month France, Germany, Italy and the Netherlands joined forces to form the "Inclusive Vaccine Alliance", in order to have a stronger negotiating position in the race for a coronavirus vaccine. (more...)
- June 14, 2020
The cost of making the vaccine, which was developed by Oxford University, is expected to be offset by funding from the governments. Earlier this month France, Germany, Italy and the Netherlands joined forces to form the "Inclusive Vaccine Alliance", in order to have a stronger negotiating position in the race for a coronavirus vaccine. (more...)
More than 1.1m businesses in United Kingdom now have staff furloughed
- June 14, 2020
Nearly 70,000 jobs across the north-east are being supported by the government's Coronavirus Job Retention Scheme ( CJRS ), new figures published today have revealed. "As we reopen the economy, there is broad consensus across the political and economic spectrum - the furlough scheme can not continue indefinitely", he said. (more...)
- June 14, 2020
Nearly 70,000 jobs across the north-east are being supported by the government's Coronavirus Job Retention Scheme ( CJRS ), new figures published today have revealed. "As we reopen the economy, there is broad consensus across the political and economic spectrum - the furlough scheme can not continue indefinitely", he said. (more...)
PM Modi reviews India's fight against COVID-19
- June 14, 2020
The present and emerging scenario of Covid-19 in the capital was discussed and the projections for the next two months were deliberated, the statement said. Mr Modi advised the Health Ministry to ensure suitable preparations in view of the start of the Monsoon season. As per the Ministry of Health data, 10956 news cases and 396 deaths were recorded in the last 24 hours since Thursday 8 am taking the total tally to 297,535 which includes 141,842 active cases, 147,194 recovered cases, 1 ... (more...)
- June 14, 2020
The present and emerging scenario of Covid-19 in the capital was discussed and the projections for the next two months were deliberated, the statement said. Mr Modi advised the Health Ministry to ensure suitable preparations in view of the start of the Monsoon season. As per the Ministry of Health data, 10956 news cases and 396 deaths were recorded in the last 24 hours since Thursday 8 am taking the total tally to 297,535 which includes 141,842 active cases, 147,194 recovered cases, 1 ... (more...)
Petrol prices breach ₹75-mark in Delhi in seventh consecutive hike
- June 14, 2020
In the past six days alone, the price of petrol and diesel across cities and states has increased by Rs 2-3 per litre on an average. Compared to April, demand for fuel had doubled in May according to the Oil Ministry. Congress leader Kapil Sibal said while worldwide crude oil prices have fallen and are at the lowest level in 15 years, yet petrol and diesel prices are skyrocketing and common people continue to suffer under the Modi dispensation. (more...)
- June 14, 2020
In the past six days alone, the price of petrol and diesel across cities and states has increased by Rs 2-3 per litre on an average. Compared to April, demand for fuel had doubled in May according to the Oil Ministry. Congress leader Kapil Sibal said while worldwide crude oil prices have fallen and are at the lowest level in 15 years, yet petrol and diesel prices are skyrocketing and common people continue to suffer under the Modi dispensation. (more...)
US economy will stay open even in second virus wave: Mnuchin
- June 14, 2020
US Treasury Secretary Steven Mnuchin said on Thursday (June 11) he was working on various capital markets responses to China's Hong Kong security law, including some measures that could restrict capital flows through the territory. Congress has so far handed three coronavirus charges totaling about $3 trillion in systems, together with the little-business payroll financial loans, payments to individuals, revenue for wellness care vendors and Federal Reserve credit industry backstops. (more...)
- June 14, 2020
US Treasury Secretary Steven Mnuchin said on Thursday (June 11) he was working on various capital markets responses to China's Hong Kong security law, including some measures that could restrict capital flows through the territory. Congress has so far handed three coronavirus charges totaling about $3 trillion in systems, together with the little-business payroll financial loans, payments to individuals, revenue for wellness care vendors and Federal Reserve credit industry backstops. (more...)
Band-Aid recognizes diverse skin with more inclusive bandages
- June 14, 2020
The New Brunswick, N.J. -based company stands "in solidarity with our black colleagues, collaborators and community in the fight against racism , violence and injustice", the post said. The announcement from Band-Aid comes as thousands of social media users highlighted how store bought plasters were just one example of institutionalised racism, usually only coming in shades created to match a white skin tone. (more...)
- June 14, 2020
The New Brunswick, N.J. -based company stands "in solidarity with our black colleagues, collaborators and community in the fight against racism , violence and injustice", the post said. The announcement from Band-Aid comes as thousands of social media users highlighted how store bought plasters were just one example of institutionalised racism, usually only coming in shades created to match a white skin tone. (more...)
Hertz allowed to sell $1 bn in shares despite bankruptcy
- June 13, 2020
Indeed, the shares had fallen to $2.06 by the end of Thursday's session, cutting Hertz's potential windfall closer to half a billion dollars. Still, the new stock could be risky because in bankruptcy all debt - including Hertz' bonds trading Friday at less than half their face value - would have to be repaid in full before shareholders get a single cent. (more...)
- June 13, 2020
Indeed, the shares had fallen to $2.06 by the end of Thursday's session, cutting Hertz's potential windfall closer to half a billion dollars. Still, the new stock could be risky because in bankruptcy all debt - including Hertz' bonds trading Friday at less than half their face value - would have to be repaid in full before shareholders get a single cent. (more...)
AstraZeneca agrees to make COVID-19 vaccine for Europe
- June 13, 2020
The researchers are now working towards a large scale clinical trial which involves testing the vaccine on 10,000 people. AstraZeneca has agreed manufacturing deals globally to meet its target of producing 2 billion doses of the vaccine, including with two ventures backed by Bill Gates and a US$1.2 billion (RM5.1 billion) agreement with the USA government. (more...)
- June 13, 2020
The researchers are now working towards a large scale clinical trial which involves testing the vaccine on 10,000 people. AstraZeneca has agreed manufacturing deals globally to meet its target of producing 2 billion doses of the vaccine, including with two ventures backed by Bill Gates and a US$1.2 billion (RM5.1 billion) agreement with the USA government. (more...)
Amazon about to face antitrust charges in EU
- June 13, 2020
However, it's attracted more than its fair share of criticism as well over the past while. On top of that, a press agency report had also quoted the EU Commission source as saying that the investigations would involve Amazon .com Inc.'s usage of sensitive merchant data to select the winners for its "buy box", an amended version of the shopping cart that enables customers to add products from particular retailers directly into their shopping carts. (more...)
- June 13, 2020
However, it's attracted more than its fair share of criticism as well over the past while. On top of that, a press agency report had also quoted the EU Commission source as saying that the investigations would involve Amazon .com Inc.'s usage of sensitive merchant data to select the winners for its "buy box", an amended version of the shopping cart that enables customers to add products from particular retailers directly into their shopping carts. (more...)
Fuel prices: Petrol and diesel prices to increase on Thursday
- June 13, 2020
According to the latest update, the petrol prices have gone up by 57 paise, making it Rs 74.57 per litre while the diesel prices have been increased by 59 paise, which has made it Rs 72.81 per litre in Delhi today. Since that day, petrol has become dearer by ₹3.31 per litre while diesel has become more costly by ₹3.42 per litre. Prices of transportation fuel were last revised under the dynamic pricing policy on March 16 and there were few instances of price hike only when the respective ... (more...)
- June 13, 2020
According to the latest update, the petrol prices have gone up by 57 paise, making it Rs 74.57 per litre while the diesel prices have been increased by 59 paise, which has made it Rs 72.81 per litre in Delhi today. Since that day, petrol has become dearer by ₹3.31 per litre while diesel has become more costly by ₹3.42 per litre. Prices of transportation fuel were last revised under the dynamic pricing policy on March 16 and there were few instances of price hike only when the respective ... (more...)
Airlines sue United Kingdom govt over compulsory 14 days isolation for travellers
- June 13, 2020
British Airways was labelled a " national disgrace" by lawmakers for its treatment of employees on Saturday (June 13), adding to pressure on the airline as it juggles job cuts and new quarantine rules. Authorities said the measure would further curb the spread of coronavirus. The group said this would be the "most practical and effective solution", which would also bring the United Kingdom in line with much of Europe, where many countries are opening their borders on June 15. (more...)
- June 13, 2020
British Airways was labelled a " national disgrace" by lawmakers for its treatment of employees on Saturday (June 13), adding to pressure on the airline as it juggles job cuts and new quarantine rules. Authorities said the measure would further curb the spread of coronavirus. The group said this would be the "most practical and effective solution", which would also bring the United Kingdom in line with much of Europe, where many countries are opening their borders on June 15. (more...)
Canadian expert says vaccine for COVID-19 will be ready in months
- June 13, 2020
After going through more than two dozen prototypes, Army researchers have selected a coronavirus vaccine candidate - along with two backups - to advance to the next stage of research. The vaccine is now in phase 2 clinical trial and the findings are not yet peer-reviewed and are available on bioRxiv , a preprint research server. (more...)
- June 13, 2020
After going through more than two dozen prototypes, Army researchers have selected a coronavirus vaccine candidate - along with two backups - to advance to the next stage of research. The vaccine is now in phase 2 clinical trial and the findings are not yet peer-reviewed and are available on bioRxiv , a preprint research server. (more...)
Second wave of coronavirus could cripple economic recovery, group warns
- June 13, 2020
The year 2021 is, however, expected to deliver a strong rebound of 7.7 percent if the epidemic remains controlled - a figure that slides to 5.2 percent in the event the virus returns. The Paris-based think tank said the Government should remain prepared to extend existing support measures if required, adding that policies which provide additional liquidity to viable small and medium sized businesses may be needed. (more...)
- June 13, 2020
The year 2021 is, however, expected to deliver a strong rebound of 7.7 percent if the epidemic remains controlled - a figure that slides to 5.2 percent in the event the virus returns. The Paris-based think tank said the Government should remain prepared to extend existing support measures if required, adding that policies which provide additional liquidity to viable small and medium sized businesses may be needed. (more...)
Inditex swings to loss as sales slump amid Covid-19
- June 13, 2020
It is not clear how many Australian stores will be impacted by the closures. Inditex recorded a net loss of $465 million as global lockdowns kept shoppers at home , but the retailer said the rapid drop in sales had since slowed down. (more...)
- June 13, 2020
It is not clear how many Australian stores will be impacted by the closures. Inditex recorded a net loss of $465 million as global lockdowns kept shoppers at home , but the retailer said the rapid drop in sales had since slowed down. (more...)
McDonald's to phase in walk-in takeaways from June 24
- June 13, 2020
In news that will delight Maccies fans up and down the country, the chain has finally unveiled its plans to reopen for walk-in services. "On June 17, we'll reopen 11 Roadchef Service Stations for takeaway as we welcome you back inside our restaurants for the first time since March", the statement read. (more...)
- June 13, 2020
In news that will delight Maccies fans up and down the country, the chain has finally unveiled its plans to reopen for walk-in services. "On June 17, we'll reopen 11 Roadchef Service Stations for takeaway as we welcome you back inside our restaurants for the first time since March", the statement read. (more...)
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