European Union expects 80% population to be infected with COVID-19

The European Commission recently estimated that up to 80% of the region’s population is infected with the COVID-19 virus. The development comes as the emergency phase of the outbreak comes to an end, with mass reporting of cases no lo....

Pfizer, BioNTech seek U.S. approval for COVID booster shots in children

Pharma giants Pfizer Inc. and BioNTech SE have applied to the FDA (U.S. Food and Drug Administration) for a EUA (Emergency Use Authorization) for a 10-µg booster dose of the Pfizer-BioNTech COVID-19 booster vaccine for children aged 5....

Mexico’s Zubale to expand in Chile & Brazil with USD 40 Mn funding

Zubale specializes in quickly connecting temporary workers with businesses in need of labor. The company expects to triple its revenues by 2022. Mexico-based e-commerce start-up Zubale, which connects gig workers with stores or wa....

Japan’s Shinogi claims its antiviral pill can swiftly remove COVID-19

Shionogi & Company Limited, a Japanese pharmaceutical company, has revealed that its antiviral pill can swiftly remove Coronavirus infection following an investigational treatment carried out by the drugmaker. The pill, recognized as....

WHO warns of increased pervasiveness of acute hepatitis among children

The World Health Organization (WHO) recently issued a warning that at least one child death has been recorded from the reported cases of acute hepatitis – inflammation of the liver, of an unknown origin found in children, with 169 cas....

Netflix to offer ad-supported plans to boost subscriber base

Netflix Inc has reportedly planned to introduce cheaper, ad-based tiers to consumers over the next two years, as the streaming giant looks to increase its subscriber base amid tougher competition. Reed Hastings, the Co-Chief Executive of N....

Utility major National Grid announces decarbonization plans by 2050

National Grid, the multinational electricity and gas utility company, has announced plans to phase out hydrocarbons from its heating systems in Massachusetts and New York by 2050, mostly by extending the use of electrical heating pumps and ....

CoinDCX secures USD 135 Mn in fresh funding for product expansion

CoinDCX, an Indian crypto exchange firm has reportedly raised USD 135 million in a fresh funding round which has taken the company’s valuation to USD 2.15 billion (post-money) in eight months. According to the company, the latest Ser....

Flipkart’s e-commerce arm Shopsy to reach 100 million users in 2022

Flipkart’s e-commerce platform Shopsy, which was launched last year, is reportedly aiming to reach 100 million users this year, becoming one of the largest platforms in the country. The COVID-19 pandemic accelerated consumers’ s....

Fresh cases of bird flu found in chicken flocks in Utah, Pennsylvania

New cases of bird flu have been found in a backyard flock in Utah and Pennsylvania's commercial chicken flock, marking one of the worst outbreaks in the nation’s history, according to the U.S. Department of Agriculture (USDA). The....

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