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Better than injection? All about nasal COVID-19 vaccines in the pipeline
February 05, 2021 08:06 AM PST| By Kunal SawhneyThe intramuscular route has been thought of as the ultimate way to administer a vaccine. However, intranasal vaccines have multiple advantages of their own, including ease of self-administration and systematic immunity. The nasal route has outstan.....
US Unemployment Rate Fell 6.3% in January as Hiring Picks Up
February 05, 2021 07:44 AM PST| By Team Kalkine Mediaanxious on Congress pending verdict on Biden’s USD 1.9 trillion relief plan. US unemployment rate fell to 6.3 per cent in January as employers resumed hiring, but the job market would still take time to nurse back to health fully. Accordi...
Advertising Platform Magnite Inc Buys Spotx for $1.17bn
February 05, 2021 06:59 AM PST| By Kunal SawhneyMagnite Inc (NASDAQ: MGNI), one of the largest independent sell-side advertising forums, has signed an agreement to buy SpotX, a video advertising group from RTL Group, a European broadcasting group for a whopping amount of $1.17 billion in the for.....
UK Retail Footfall Plummets Amid the Third Lockdown
February 05, 2021 02:55 AM PST| By Kunal SawhneyThe lockdown 3.0 has led to a substantial decline of 76.9 per cent in the number of store visitors during January in contrast to the previous lockdown in the country. According to the UK’s apex trade association British Retail Consort.....
Elon Musk, Back On Twitter, Sends Dogecoin Surging By 50%
February 05, 2021 09:27 PM AEDT| By Ipsita SarkarTesla CEO Elon Musk, back from a two-day Twitter break on Thursday, sent meme-based cryptocurrency Dogecoin surging by over 50 per cent to US$0.059 after he tweeted about the coin. Musk had said in a tweet on Monday afternoon that he would stay aw.....
Technical Overview of Global Tech Giants- Microsoft Corporation and IBM
February 05, 2021 01:55 AM PST| By Team Kalkine MediaMicrosoft Corporation (NASDAQ: MSFT) has witnessed a sharp rally from the low of USD 212.03 on 15 January 2021 and made a new lifetime high of USD 245.07 (as on 03 February 2021), a gain of ~15.50 percent in this short span. Microsoft Corp. Shoots.....
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Crude Oil Rally Continues on Declining US Stockpile
February 05, 2021 01:24 AM PST| By Team Kalkine MediaThe latest Energy Information Administration (EIA) report with crude oil stockpile data has sparked celebrations across the oil industry. The trend in the weekly inventory data has highlighted a drawdown in the levels. Connecting the dots between t.....
Be prepared for negative rates in six months: BoE tells banks
February 04, 2021 11:59 PM PST| By Team Kalkine MediaThe Bank of England has told the banks to be ready for negative interest rates in the next six months. The Monetary Policy Committee (MPC) has asked the Prudential Regulatory Authority, the national regulatory body for the British banks,&.....
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Remdesivir drives Gilead’s Q4 FY20 sales, sales momentum likely to continue
February 04, 2021 10:23 PM PST| By Team Kalkine MediaAmerican biopharmaceutical player Gilead Sciences Inc (Nasdaq:GILD) continues to play a central role in the COVID-19 pandemic, with its drug remdesivir (Veklury®). On 4 February 2021, the biopharmaceutical player announced its Q4 and FY 2020 r.....
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Key Takeaways from Governor Lowe’s Speech
February 04, 2021 09:24 PM PST| By Kunal SawhneyOn the 5th of February, RBA governor Phillip Lowe presented his updated outlook for the Australian economy in his opening statement to the House of Representatives Standing Committee on Economics. Governor Lowe pointed out that things have taken a .....
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Myanmar Military Temporarily Shutters Facebook Access
February 04, 2021 09:15 PM PST| By Team Kalkine MediaThe military government in Myanmar has temporarily shut down access to social media platform Facebook. The move comes almost a week after the ouster of the democratically elected Aung San Suu Kyi. As per reports, Facebook and its other services, i.....
Ford Motor focuses on EVs; says semiconductor chip shortage to hit Q1 production
February 04, 2021 09:10 PM PST| By Team Kalkine MediaMichigan-headquartered Ford Motor Company announced today that it intends to increase investments in electric vehicles (EVs) and self-driving (or autonomous) vehicles. Earlier, the automaker stated that it would slash shifts at two plants that deve.....
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December retail sales fall as shoppers tighten purse strings
February 04, 2021 08:10 PM PST| By Hina ChowdharyThe Australian retailers suffered a drop in sales in December as shoppers pulled back from spending. The retail sales fell 4.1 per cent in December 2020 after a rise of 7.1 per cent in the previous month, the Australian Bureau of Statistics (ABS) d.....
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US to get 3rd COVID-19 vaccine, Johnson & Johnson files Emergency Use Authorization
February 04, 2021 08:08 PM PST| By Team Kalkine MediaJohnson & Johnson (NYSE:JNJ) updated the market that Janssen Biotech Inc has submitted an application to the US regulator for an Emergency Use Authorization (EUA) of its COVID-19 vaccine candidate. Let us deep dive and discuss in detail: The .....
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Brazil's Vale Agrees To Cough Up $7Bn In Brumadinho Settlement
February 04, 2021 05:53 PM PST| By Team Kalkine MediaBrazilian iron ore mammoth Vale S.A. has reached a deal with the state of Minas Gerais and prosecutors to settle the claims concerning the Brumadinho disaster. The iron ore major will now address the environmental and social damage resulting from th...
Microsoft All Praise For New Media Laws Amid Australia-Google Row
February 04, 2021 05:17 PM PST| By Team Kalkine MediaThe Australian government’s ongoing efforts for implementation of new media rules has taken a new turn. The rules proposed by the government are said to support the local businesses amid increasing global competition. With the new rules, the.....
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US stock rally continues; Dow ends up over 330 points
February 04, 2021 01:48 PM PST| By Team Kalkine MediaThe US stocks rose on Thursday following three straight positive sessions, as the speculative retail trading frenzy faded and robust corporate earnings and economic data remained in focus. Besides, the rise in vaccine roll-outs in the US adds to th.....
Positive Labor Report lifts hopes of US Economic Recovery
February 04, 2021 09:42 AM PST| By Team Kalkine MediaSource:wrangler, Shutterstock Summary US Labor Department reports a third consecutive decline in unemployment benefits claim. The current number is still higher than the previous figures recorded since 1967. The job market is expected t...
In A First, UK Launches Covid-19 Alternating Vaccine Study
February 04, 2021 09:35 AM PST| By Kunal SawhneyThe United Kingdom launched the world’s first alternating Covid-19 vaccine dose study on Thursday under which the feasibility of different vaccine shots will be examined. Under the schema of study, individuals will be administ.....
Revelation Biosciences finishes dosing for five single dose cohorts
February 04, 2021 05:17 AM PST| By Hina ChowdharyClinical stage life sciences company Revelation Biosciences Inc. announced on 3 February that it has been conceded approval to make an addition of a multiple dose cohort to its Phase-1 clinical study of REVTx‑99 in healthy volunteers by t...
