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COVID-19 Vaccine: Russian Sputnik V is 92 Per Cent Effective

The confirmation is based on the first interim data from the largest double-blind, randomized, placebo-controlled Phase III clinical trials in Russian Federat...

Ottawa To Begin Formal Discussions With Airlines On Relief Measures

Air Canada also said it would hold off on additional route suspensions and Canadian station closures "pending the progress" of talks over financial assistance t...

Oil gains as COVID-19 vaccine hopes outweigh weak fuel demand outlook

On the Multi Commodity Exchange, crude oil for delivery in November traded higher by ₹52, or 1.88 per cent, at ₹2,818 per barrel in 2,975 lots. Both Brent and...

AstraZeneca says Pfizer COVID-19 vaccine results encouraging

This is the first time a vaccine against Covid-19 has reached such level without any serious safety concerns. "The least they can do is celebrate that the FAC...

Alibaba sales growth slows in first 10 days of shopping festival

Alibaba's e-commerce platforms Tmall and Taobao last year reported a turnover of Dollars 38.4 billion and this year will be closely watched as a barometer of...

Von der Leyen: Biden win means new partnership with US

The EU executive vice-president for an economy that works for people and commissioner for trade, Valdis Dombrovskis, said: "We have made clear all along that we...

Microsoft employees can now work from home indefinitely

Microsoft's Executive Vice President and Chief People Officer Kathleen Hogan in a blog post recently said that "for most roles, we view working from home p...

China's Inflation Fails To Perk Up Amid Sluggish Demand

Pork prices fell 2.8% year-on-year in October, marking the first decline after 19 months of sharp increases due to supply constraints from the African swine fev...

Coronavirus vaccine: Pfizer claim vaccine is 90% effective

The UK has secured 40 million doses of the Pfizer/BioNTech vaccine - the first agreement the firms signed with any government. "We are reaching this critical ...

Erdogan's Son-in-Law Resigns as Turkey Finance Minister Citing Health Reason

Lutfi Elvan, head of parliament's planning and budgetary committee, was named treasury and finance minister, the agency said . His resignation follows the di...

Covid-19 vaccine 90% effective in phase 3 trial: Pfizer

The data will be discussed with regulatory authorities worldwide, Pfizer and BioNTech said . Pharmaceutical corporation Pfizer says it is one step closer...

EU Files Antitrust Charges Against Amazon over Use of Data

Amazon faces a potential fine as high as 10% of its global turnover if it is found guilty of breaching competition law - about £15bn ($19bn). Meanwhile, the ...

Brazil halts trial on Chinese Covid-19 vaccine following adverse event

Director Dimas Covas said in a TV interview that one volunteer in the trial has died, but that the death is not related to the vaccine. The Sinovac vaccine ...

Pfizer vaccine’s funding came from Berlin, not Washington

The U.K. government has ordered 40 million doses of the Pfizer vaccine, enough for about a third of the British population, and over 300 million doses from five...

What we know about McDonald's new "McPlant" plant-based burger

Those markets - the USA, U.K., Canada, Australia, Germany and France - will see digital sales exceed $10 billion, or almost 20% of system-wide sales, this year....

Virgin Hyperloop completes its first ever passenger test

In a BBC interview in 2018 , then Virgin Hyperloop One boss Rob Lloyd, who has since left the firm, said the speed would in theory enable people to travel bet...

McDonald’s Comes For Burger King, Popeyes With New Menu Items

McDonald's said under its McPlant line, it could offer products including burgers, chicken substitutes and breakfast sandwiches, which it expects to test in s...

Berkshire Hathaway's insurance underwriting business posts CA$277 million Q3 loss

Apart from shares (the details of its September quarter investments will be released next week in its quarterly fund managers report to the US Securities and Ex...

Linear Netflix TV Channel Being Tested in France

The company has introduced a new channel called " Netflix Direct " that will stream shows and movies available on the streaming platform, in a linear format, ...

China October exports accelerate, boosted by USA demand amid global recovery

China's exports of medical equipment grew the fastest of any category, up 43% in the first 10 months from a year earlier. The country's foreign trade expanded...

'Time To Heal,' President-Elect Joe Biden Says In Victory Speech

In this file photo taken on August 20, 2020 Former vice-president and Democratic presidential nominee Joe Biden (L) and Senator from California and Democrat...

COVID19: Cyprus economic recovery uncertain without vaccine

The European Commission cut its forecast for 2021 United Kingdom economic growth nearly in half, in its first ever regular outlook based on the assumption tha...

Union says GM agrees to once-again build trucks in Oshawa

The deal, if approved, would be an unexpected but welcome development for the plant east of Toronto, which was downsized to 300 workers last December, down from...

Bitcoin: $1bn seized from Silk Road account by USA government

The Silk Road website was shut down by the U.S. Federal Bureau of Investigation in October 2013. He was sentenced to life in prison , and lost an attempted a...

Uber misses Q3 revenue estimates despite surge in ride volumes

But the uptick wasn't enough to offset the 10% decline in overall bookings and 18% drop in revenue to $3.13 billion. Gross bookings at Uber's rides mobility...

Gold Retreats As Dollar Ticks Up, But Set For Weekly Rise

However, the bullish bias on gold is capped by the failure of a so-called Blue Wave to appear, meaning that Democrat will control the Presidency, House of Rep...

China Oct exports surge, imports rise amid global recovery

The government has ordered the halt to begin on Friday, one of the people said , asking not to be identified as the information is sensitive. "But that doesn't...

US added nearly 640,000 jobs in October; unemployment rate down

Overall, about 2.4 million Canadians who don't normally work from home did so in October, the report said . And the longer that unemployment remain elevated,...

Trump Jr. riles 2024 GOP field with Trump legal fight tweet

The campaign has lost court rulings in closely contested states , including Georgia , but scored a legal win in Pennsylvania on Friday, when a court order...

Google and Walmart face growth hurdles as India caps payments transactions

UPI works primarily with your phone number and the service now works with five of the leading banks in India: ICICI, Axis, State Bank of India, HDFC, and Jio P...

Wall Street gains as Trump to leave hospital, investors hope for stimulus

Trump's rejection comes about a week after House Speaker Nancy Pelosi offered a scaled-down version of the $3 trillion package the Democratic-controlled House o...

'Tesla Tequila' Is Already Sold Out

Tesla Inc Chief Executive Officer Elon Musk finally made good on his promise to sell " Tesla Tequila " - two years after teasing the effort in a tweet , and...

Brazilian Manufacturing Expands at Record Pace in October

On a less positive note, IHS says inflationary pressures continued to build, with both input costs and output prices rising at sharper rates. In mid-September...

Fed holds rates as U.S. recovery falters

We all knew that the pandemic was going to be catastrophic for our way of life and the economy and it has been a big talking point in The United States presid...

United Kingdom spending watchdog sounds alarm over European Union trade disruption

No 10 Downing Street rejected as "simply untrue" speculations that UK concerns that an administration led by Democrat Joe Biden might adopt a tougher stance on ...