No major negative side effects of the use of Russia’s potential coronavirus vaccine was found in early results from trials according to a recent study published in the peer-reviewed medical journal The Lancet revealed on Friday. The Lancet article said that the trial for the vaccine was conducted on 76 healthy volunteers aged 18 to…
With the novel coronavirus pandemic forcing people to work from home necessitating the need for video conferencing to connect staff working from home, there has been growth in demand for Zoom’s services and consequently the company’s revenues jumped by more than 350 per cent year on year in the second quarter with its profits for…
The economic impact of the novel coronavirus pandemic has seen closure of hundreds of stores of retail chains and companies. Bur despite that situation, the legendary toy maker Lego is now getting ready to open 120 new shops in within this current year itself. The Danish toy firm still believes in a very solid future…
The novel coronavirus pandemic has stoked demand for home appliances ranging from products to sanitize closets to customizable fridges. This has benefited the South Korean electronics giant Samsung Electronics Co Ltd and the company is now adding warehouses and is making efforts to take more of its popular products to more markets. Products that make…
A total of €1 billion ($1.2 billion) will be spent by Unilever to stop its use of fossil fuels in the process of production products for its cleaning and laundry brands. Only renewable or recycled carbon will be used for the manufacturing of household products such as Omo, Sunlight, Cif and Domestos by the end…
While trying to deal with the impact of the novel coronviru pandemic on the travel industry, the founder of AirAsia – Tony Fernandes, is building an app that he hopes will transform into the next “super app” for the region. The app that he plans to develop will be an all-in-one app for food delivery,…
The Swiss company Nestle, which is better known for its foods products, is on a path to aggressively expand its fast-growing health science business and as a business strategy, the company has decided to pay $2 billion to gain full ownership of peanut allergy treatment maker Aimmune Therapeutics. Its health science subsidy called Nestle Health…
British sandwich chain Pret A Manger will cull about 3,000 jobs which amounts to more than a third of its total staff as part of its plans for staging a turn around of the business amid the novel coronavirus pandemic. While the majority of the job losses will take place at the company’s stores, some…
It is being said that the United States based tech giant Apple Inc. is one company among the top tech companies of the world that is fast becoming friendless of the big tech companies. The reason – the company’s polices and rules for its App Store which has been a source of friction for large…
Group of investors led by London based Centricus Asset Management Ltd and the United States based Triller Inc – another video and music-based social networking app, have joined forces to bid for the purchasing of the US operations of the Chinese owned short video sharing app TikTok. Also on sale are TikTok’s operations in a…
