Effect Of New Covid-19 Variant On Its Vaccine And Antibody Cocktail Being Examined By AstraZeneca

AstraZeneca announced on Friday that it was looking into the effect of the coronavirus strain that was first identified recently in South Africa, and one that is rapidly spreading across the country, on its vaccine and its antibody mix and was optimistic its combination drug would maintain effectiveness. The World Health Organization (WHO) has on…

Travel Bans On South Africa Are ‘Unjustified’, Says Its Health Minister  

The decision of a number of countries to to impose travel restrictions on South Africa was called “unjustified” by the country’s South African Health Minister Joe Phaahla. The travel restrictions were imposed in relation to the discovery of a significantly mutated form of Covid-19 in his country. “The kind of knee-jerk reaction, it really doesn’t…

Losses For Fintech Firm Klarna Quadruple Due To Surge In Demand For Buy Now, Pay Later

A significant rise in expenditures as the company adjusted to growth in demand for its purchase now, pay later services saw the losses at Klarna, the fintech start-up from Sweden, increase3d dramatically in the first nine months of 2021. From January to September, the Stockholm-based company lost 3.1 billion Swedish krona ($344 million), a fourfold…

Reliance And Aramco Cancell $15 Bln Deal Due To Valuation Differences: Reports

Reliance Industries and Saudi Aramco have canceled an agreement for the state-owned oil giant to acquire an interest in the oil-to-chemicals segment belonging to the Indian conglomerate due to value issues, sources who are aware of the issue told. Discussions broke out over the extent to which Reliance’s Oil-to-Chemicals (O2C) business is worth as the…

Shell’s Acquisition Of Australian Green Energy Retailer Powershop Draws Anger From The Latter’s Customers

Protests are being organized against green energy retailer Powershop Australia by its customers since it was acquired by Royal Dutch Shell as the customers of the Australian company threatening to stop using the renewable energy of the company and shift allegiance to other renewable energy providers so that they are not viewed to be customers…

Baidu Launches Its Robotaxi Business Following Green Signal From Beijing To Charge Fees

Baidu said this week that it would begin collecting robotaxi fees in a portion of Beijing on Thursday, marking a significant step toward expanding its autonomous taxi company. The regulatory clearance to encourage robotaxis in China comes at a time when municipal governments in the United States are moving in the same way. The city…

The Fully Vaccinated Need To Still Wear Mask And Social Distance, Urges WHO

The World Health Organization is recommending the public to use Covid-19 mitigation methods, including masking and social distancing, regardless of vaccination status, as cases increase throughout Europe as the Christmas season approaches. Some nations and communities have been lulled into a “false feeling of security” that the epidemic is gone and that those who have…