Global Vaccine Divide Criticised By WHO On COVAX Scheme’s First Anniversary

On the occasion of the first anniversary of the COVAX dose-sharing facility, the head of the World Health Organization (WHO) said that the Covid-19 vaccines have remained out of the reach of the poorest countries of the world. Inequities in vaccine distribution have been repeatedly denounced by the WHO director-general Tedros Adhanom Ghebreyesus and gave…

Single dose of Pfizer-BioNTech or Oxford-AstraZenca vaccine reduces infection rate by 65%, study finds

A study by British researchers has found that the risk of Covid-19 infection in adults of all ages is drastically reduced by a single dose of Oxford-AstraZeneca or Pfizer-BioNTech’s Covid-19 vaccine. More than 1.6 million nose and throat swabs taken from 373,402 people between December and April were analysed in two studies released on Friday.…

Higher Produce Prices Benefit Bayer’s Agriculture Business In First Quarter

There was an increase of demand with increasing produce prices prompted Bayer to say that the prospects for its agriculture business have brightened during the first quarter. Bayer is the largest supplier of seeds and pesticides in the world. “In the agriculture business, in particular, we see a market environment that gives us an increasingly…

Europe Expansion Targeted By Chinese Electric Car Makers

The electric car makers of China are getting ready to expand into Europe following the growth in the largest auto market of the world last year. In the last few years, restrictions on full foreign ownership of local automobile production have been reduced significantly by Chinese authorities. However the government had also started preparing development…

TikTok Faces Court Case Seeking Billions Over Children’s Data Collection And Use

A new legal challenge is being faced by the Chionese owned short video sharing app TikTok form the former children’s commissioner for England Anne Longfield over the issue of the manner in which the app collects and uses children’s data. The legal challenge has been filed on behalf of millions of children in the United…

Consumer Banking Business In 13 Markets In Asia Pacific To Be Exited By Citigroup

Its consumer banking operations in 13 markets in Asia, Europe and the Middle East will be closed down by Citigroup, the company has said. Instead of having separate operations in these identified markets, its four hubs in Singapore, Hong Kong, the United Arab Emirates and London will be used to run these operations, said the…