On Wednesday, in a significant development drugmaker Pfizer Inc said, all of its patented medicines including COVID-19 treatment Paxlovid and big-selling breast cancer drug Ibrance will be made available at not-for-profit prices to 45 of the world’s poorest countries. The bouquet… Read More ›
Creativity
No inflationary and price impacts on beauty products: L’Oreal CEO
In a statement the CEO of French cosmetics group L’Oreal said, it has not seen any inflationary impact on purchases of its beauty products. “So far we see no impact of inflation and price impacts on consumers’ beauty consumption,” said L’Oreal… Read More ›
Chinese Russian Air Forces hold joint military exercises
In a significant development the Air Forces of Russia and China conducted a joint aerial patrol over the Sea of Japan, East China Sea and the Western Pacific. In a statement China’s Defense Ministry said, the patrol was part of… Read More ›
Impossible on quantify full cost of rebuilding Ukraine: German Finance Minister
In a statement German Finance Minister Christian Lindner said, it was impossible to say how much it would cost to rebuild Ukraine. “The Ukrainian side doesn’t talk a lot about reconstruction. The priority is stopping the war, the priority is… Read More ›
France recommends targeted MonkeyPox vaccinations
On Tuesday, France’s health authority recommended a targeted vaccination campaign against monkeypox for adults who are at risk, including for those who have been in contact with a patients who have contracted monkeypox. Health staff who have been exposed to… Read More ›
Taliban signs deal with UAE, Turkey and Qatar on airport operations and security
On Tuesday, in a significant development Afghanistan’s Taliban Administration said, it will sign an agreement with the United Arab Emirates (UAE) to share responsibility for operating airports in the country. The announcement was made on Twitter by Taliban leader Mullah… Read More ›
Indian auto major Mahindra and Mahindra open to partnership for EV parts
In a statement Anish Shah, the CEO of Indian auto major Mahindra and Mahindra group said, it will explore sourcing more components from other companies to boost its electric vehicle (EV) portfolio. While earlier Mahindra had focussed on developing EV components… Read More ›
Airbnb exits from China in signs of growing decoupling
On Tuesday, vacation rental firm Airbnb Inc said, from July 30 it will shut down all listings and experiences in mainland China. The development sees yet another Western internet platform joining a long list of companies which have opted out of… Read More ›
Australian gas seller Weston Energy collapses following soaring gas prices
On Tuesday, Weston Energy, a gas seller which supplied 7% of the eastern Australian market, has collapsed following soaring LNG prices, marking the first significant casualty in the country from the global gas crisis following Western sanctions on Russia after… Read More ›
US companies face reputational risks in doing business in Sudan: US State Department
The United States issued an advisory warning U.S. companies of growing reputational risks of doing business with state-owned enterprises and military-controlled companies in Sudan. “These risks arise from, among other things, recent actions undertaken by Sudan’s Sovereign Council and security… Read More ›