Archive

AstraZeneca to Launch Another Global Trial of COVID-19 Vaccine

   AstraZeneca PLC (Nasdaq: AZN) is contemplating another worldwide trial of its COVID-19 vaccine to reaffirm the 90% efficacy rate using a lower dosage, as per a report published by Bloomberg news. The British–Swedish multinational biopharmaceutical company and its

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Disney to Lay Off 32,000 Employees As Disneyland Remains Closed

Walt Disney Co. (NYSE: DIS) intends to trim employee count by 32,000 in the first half of FY 2021 as the world’s leading producers of entertainment face many issues in continuing its business operations against the backdrop of the COVID-19

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Japan’s SBI Group launches Crypto Facility, VC Trade Lending

   The cryptocurrency market is undergoing a minor correction as Bitcoin (BTC) faces heavy resistance at $19,000 levels. Bitcoin was trading at $18,812.17, down 1.4% in the last 24 hours when writing this article. Ether (ETH) was trading at

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United States Durable Goods Orders Surge by 1.3% in October

  The Australian dollar remained range-bound against the greenback yesterday, despite the Australian Bureau of Statistics’ release of weak construction work data. The economic data published by the US government organizations were mixed. That enabled the Aussie to retain its

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AstraZeneca COVID-19 Vaccine Demonstrates 90% Effectiveness

  Pharmaceutical company AstraZeneca PLC (Nasdaq: AZN) announced that a provisional clinical data assessment indicated that its COVID-19 vaccine has a median efficacy rate of 70% against the Coronavirus. The stock closed at $53.57, down $1.13 or 2.07% from the

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New Zealand Retail Sales Rise 28% q-o-q in September Quarter

   The pound rose against the kiwi dollar yesterday despite the release of robust retail sales data from New Zealand. The rebound in dairy prices in the latest Global Dairy Auction did not have much of an impact on

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Hublot to Offer Blockchain-Based Warranty For its Watches

  The cryptocurrency market remains bullish, with Bitcoin (BTC) continuing to consolidate above the $18,000 level. At the time of writing this article, Bitcoin was trading at $18,385.53, up 0.8% in the last 24 hours. Ether (ETH) has gained 9.5%

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General Motors to Launch 30 New Electric Vehicles in 5 Years

   General Motors Company (NYSE: GM) stated that it intends to launch 30 electric vehicles (EVs) worldwide by 2025 under its plan to manage climate change. Following the news, the stock ended Friday’s trading session at $43.04, almost flat

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Pfizer Files Emergency COVID-19 Vaccine Application With FDA

   Pfizer Inc (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) stated on Friday that it had applied to the US FDA (Food and Drug Administration) for emergency authorization use of its COVID-19 vaccine. Following the news, the stock closed

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Nasdaq Buys Anti-Financial Fraud Firm Verafin for $2.75 Billion

   Exchange operator Nasdaq Inc (Nasdaq: NDAQ) stated on Thursday that it is acquiring Verafin, a software firm focused on identifying financial frauds, in an all-cash deal worth $2.75 billion. The agreement enables Nasdaq to widen its foothold in

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