At least nine new billionaires were created by the covid-19 vaccines following surge in the shares of the companies producing the vaccines. Moderna CEO Stéphane Bancel and Ugur Sahin, the CEO of BioNTech, which co-developed producing a vaccine with Pfizer,… Read More ›
Month: May 2021
Taiwan Accused China Of Spreading Fake News Amid Spike In Covid-19 Infections
China is spreading fake news about the Covid-19 situation in Taiwan, alleged a Taiwanese official. This is the reason that publicising and refuting some of the instances of false information that have been circulating online is being done by the… Read More ›
Antifungal Drug Shortage In India As Covid-19 Survivors Contract The Rare Complication
With the healthcare system of India reeling under a massive wave of coronavirus infections, the country said on Friday that measures were being undertaken to address a shortage of a medicine that is used for treating of a rare fungal… Read More ›
With Economy Reopening, Retail Spending Soars In The UK
After months of lockdown, retail shops have reopened in the United Kingdom and the British shoppers spend lavishly on new clothes in April, showed official data on Friday. According to experts, this was a further signal of a robust recovery… Read More ›
Despite Concerns Over British Farming, UK Offers Free-Trade Deal To Australia
A new set of trade deal terms have been offered to Australia by the United Kingdom according to which the two trading partners will phase out taxes on imports over a period of 15 years. There were reports of a… Read More ›
European Commission launches preliminary investigation into Coca Cola
In a statement the European Commission said, they have launched a preliminary investigation into Coca Cola Co. “We can confirm that the Commission has sent out questionnaires, as part of its preliminary investigation into Coca Cola,” said the Commission’s spokeswoman… Read More ›
Danish Court Orders Carlos Ghosn To Pay Back $6 Million To Nissan And Mitsubishi
A court in Denmark ordered the fugitive former car executive Carlos Ghosn to repay 5 million euros ($6.1 million) in wages to Nissan and Mitsubishi in relation to a case that he had brought. At the core of this… Read More ›
Cellphone Fee Drop Offsets Input Costs As Consumer Price Fall Continue In Japan
A record drop in cellphone fees offset the rise in energy prices in Japan in April resulting in the country recording the ninth straight month of a drop in core consumer prices. This suggested that the economic recovery of the… Read More ›
Tesla could establish presence in Russia: Elon Musk
On Friday, while adding an event via a video link, Elon Musk said Tesla was close to establishing a presence in Russia and was looking at options to see whether it could open a factories in the country. While Tesla… Read More ›
First quarter revenues of private jet company Wheels Up jumps by 68%
In a statement Wheels Up, a Private jet company, reported a whopping 68% jump in its first quarter revenues as well as a 56% bump in its active members, as a result of consumers opting to fly private due to… Read More ›