On 22 October 2020, the US FDA gave the green light to Gilead’s Veklury® (remdesivir) making the antiviral drug the first officially approved treatment for COVID-19, an infection caused by the novel coronavirus, SARS-CoV-2. The shar...
New York’s leading global investment bank, Goldman Sachs has agreed to a much-anticipated settlement with the US Justice Department and would pay over US$2 billion for its role in Malaysia’s 1MDB scandal. It would let Goldman Sachs avoi...
AstraZeneca’s COVID-19 clinical trials in the US are anticipated to start again as early as this week after the US Food and Drug Administration (FDA) completed its review of a serious illness, sources told Reuters. As per one of the sou...
On October 22, 2020, S&P/NZX50 ended the session in red as there was a fall of 0.20% to 12,407.29 and S&P/NZX20 declined by 0.20% to 8,125.83. Also, S&P/NZX10 witnessed a fall of 0.35% to 2,167.38. Energy sector witnessed a rise of 2.05% ...
Purdue Pharma agreed to an A$11.6 billion (US$8 billion) settlement after pleading guilty for uncontrolled selling of its controversial opioid product OxyContin. The active ingredient oxycodone has caused more than 450,000 American deaths since 19...
Outmost sustainability is a crucial goal for Tesla and its CEO and co-founder, Elon Musk, who never ceases with inventing new sustainable products. MUST WATCH: Why is Tesla Stock doing so well? As almost every other smart Tesla (NASDAQ:TSLA) inve...
On 21st October, PayPal (NASDAQ:PYPL) announced its entrance into the cryptocurrency market, enabling its customers to transact bitcoins and other cryptocurrencies through their PayPal accounts. This represents the company’s vision to enable ...
Netflix released dismal earnings report for Q3 2020, falling short on its guidance for earnings per share. Besides, Netflix subscriber growth lowered considerably in the third quarter after its subscription skyrocketed in the first half of the year...
ASX-listed Centuria Capital Group (ASX:CNI) has acquired Visy glass facility in Auckland at NZ$178 million through its wholly-owned subsidiary. The acquisition by Centuria will be on a 20-year sale and leaseback, forming a new NZ single asset unli...
The Covid-19 pandemic has proliferated with startling pace worldwide. Affecting millions and dragging the global economy to almost a cessation, the pandemic had all the countries imposing strict controls on several movements, to stop the spre...
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