U.S. plans to offer COVID-19 booster shots to citizens from September

The Biden administration intends to start administrating COVID-19 booster doses to Americans as early as mid- or late September, depending on approval from the US Food and Drug Administration (FDA). The announcement comes as the administrat....

HSBC eyes Axa Singapore’s assets worth USD 575 million for Asia expansion

HSBC Holdings has agreed to purchase assets of Axa Singapore for USD 575 million, a move that will help the banking giant to expand its wealth-management business in Asia. The deal is considered to be HSBC’s largest acquisition since ....

Australia buys 1 Mn more Pfizer vaccines from Poland as COVID-19 rages

Australia has recently purchased around 1 million vaccine doses of Pfizer Inc from Poland to augment its inoculation efforts in Sydney and its home state which entered a sudden lockdown last week as infections surged. PM Scott Morrison sta....

New Zealand might open borders for vaccinated travelers starting 2022

New Zealand is planning to allow entry to vaccinated travelers from low-risk countries without quarantine restrictions from early 2022, after approximately 18 months of closing its borders to fight the COVID-19 outbreak. This news comes am....

Unity Technologies inks agreement to acquire Parsec for USD 320 million

US-based video-game software developer Unity Technologies has reportedly agreed to acquire Parsec, an application that enables gamers and creative professionals to work together from anywhere across the world. Under the agreement, Unity Te....

U.S. government in talks to wean off airlines from fossil fuels by 2050

Instead, Sustainable Aviation Fuel (SAF) is being considered as an alternative to fossil fuel. The U.S. government is likely to provide a minimum of USD 2 as an incentive on each gallon of SAF sold. U.S. President Joe Biden’s adm....

Oil prices plummet amidst China's COVID-19 curbs, strong U.S. dollar

Oil prices dipped 2% on 9th August, recording a three-week low, while dragging out the previous week's hefty loss spree. This price decline was mainly driven by a stronger U.S. dollar and concerns that COVID-19 related restrictions acro....

China NMPA approves Phase II trial of Ascletis acne therapy drug ASC40

Chinese biotechnology company Ascletis Pharma Inc. has announced that China NMPA (National Medical Products Administration) recently approved the Phase II clinical trial of ASC40 for patients suffering from acne vulgaris. According to reli....

YouTube introduces USD 100 million fund to boost monetization in Shorts

YouTube content creators are in for a treat, with the platform offering to pay anywhere between USD 100 and USD 10,000 for their videos on the company’s TikTok-rival Shorts. The company has reportedly launched a USD 100 million YouTub....

U.S. behemoths issue stricter COVID-19 reforms over Delta variant fears

Prominent U.S. companies such as Microsoft Corporation, Tyson Foods Inc., as well as carmakers including General Motors, Stellantis, and Ford Motors have reportedly changed their masking and vaccination policies amidst surging Delta COVID-1....

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