A study by scientists at South African shows, an infection by the Omicron variant enhances neutralizing immunity against the Delta variant. The yet-to-be peer-reviewed article, found that people who were infected with Omicron, especially those who were vaccinated, developed enhanced… Read More ›
Delta variant
Existing COVID-19 vaccines are unlikely to be effective against Omicron COVID-19 variant: Moderna’s CEO Stéphane Bancel
In a significant development, Moderna’s CEO Stéphane Bancel said, it is unlikely that existing COVID-19 vaccines will be effective against the Omicron COVID-19 variant. With Bancel’s comments reaching the market, crude oil futures shed more than a dollar, the Nikkei gave… Read More ›
Fully vaccinated international travelers can visit New Zealand from April 30
On Wednesday, in a statement New Zealand said, it will continue to keep its borders closed to most international travellers for five more months. New Zealand’s geographic isolation, along with some of the strictest pandemic rules among OECD nations, has… Read More ›
COVID-19’s Delta variant slammed breaks on US third quarter growth
During the third quarter, it is likely that the U.S. economy grew at its slowest pace in more than a year with the Delta variant of COVID-19 acting as a drag against the economy. The US Commerce Department’s advance gross… Read More ›
American Airlines expects smaller than expected adjusted loss for Q3
In a statement American Airlines said, it expects a smaller-than-expected adjusted loss for the third quarter and improved performance for the remaining part of this financial year following increased holiday demand midst lifting of travel bans. While earlier U.S. carriers had… Read More ›
Reserve Bank of New Zealand hikes interest rates
On Wednesday, New Zealand’s central bank said, it has hiked interest rates for the first time in seven years while signalling further tightening in the coming days in an effort to cool inflationary pressures. The 25 basis point rate hike… Read More ›
US officials to host meeting at White House on global chip shortage, COVD-19’s impact on chip supply chains
In a statement the US Commerce Department said, U.S. Commerce Secretary Gina Raimondo and White House economic adviser Brian Deese are scheduled to host a semiconductor supply chain meeting at the White House on September 23. Officials in the meeting… Read More ›
Only fully vaccinated to return to US offices from Sept 7: IBM
In a statement International Business Machines Corp (IBM) said it will allow only fully vaccinated U.S. employees to return to offices, which are scheduled to open from September. The measure is part of its suit of measures to help contain the rapid… Read More ›
Recognizing Delta variant threat Tesla asks workers to mask up at Reno, Nevada facility
According to a report from the Wall Street Journal, Tesla Inc has informed its workers at its Nevada battery factory that they will be required to wear a mask when working indoors regardless of their vaccination status. Previously, Tesla had told… Read More ›
Air France KLM narrows losses, even as Delta variant looms ahead
Following an easing of coronavirus travel restrictions along with positive cash flow during the second quarter of this month saw Air France-KLM seeing the first signs of recovery as the airline group narrows down its losses. “Obviously the first quarter was… Read More ›