By Douglas Busvine BERLIN (Reuters) - BioNTech is working flat out with partner Pfizer (NYSE:PFE) to boost production of their COVID-19 vaccine, its founders said, warning there would be gaps in supply until other vaccines were rolled out. The German biotech startup has led the vaccine race but its shot has...
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NEW DELHI (Reuters) - India's drug regulator is set to approve on Friday a coronavirus vaccine developed by AstraZeneca and Oxford University for emergency use, three sources with knowledge of the matter said. The decision would pave the way for the vaccine's rollout in the world's second-most populous country which, after the United States, has the highest number of COVID-19 infections in...
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BEIJING (Reuters) - Tencent (HK:0700)'s online game offerings have been removed from Huawei's app store since the two companies failed to reach an agreement on revenue sharing, Tencent and a source said on Friday. "Due to the failure of Huawei's mobile game platform to renew its contract with our Mobile Game Promotion Project Agreement as scheduled, relevant products of Tencent Games were...
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LONDON (Reuters) - Police in London burst in on about 50 people smoking shisha pipes, watching football and playing loud music inside a cafe, a major breach of strict COVID-19 regulations banning any kind of socialising between people from different households. The group fled when the police arrived, but officers who searched the venue in Wembley, northwest London, found 21 shisha pipes...
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By Jonathan Stempel (Reuters) - A Delaware judge ruled this week that former Viacom shareholders may pursue a lawsuit accusing Shari Redstone of engineering a "patently unfair" merger that created ViacomCBS Inc so she could become a media magnate like her late father, Sumner Redstone. Vice Chancellor Joseph Slights of the Delaware Chancery Court said it was reasonable to infer from the...
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Investing.com – Canada equities were lower at the close on Thursday, as losses in the Materials, Energy and Consumer Discretionary sectors propelled shares lower. At the close in Toronto, the S&P/TSX Composite declined 0.04%. The biggest gainers of the session on the S&P/TSX Composite were Trillium Therapeutics Inc (TSX:TRIL), which rose 8.50% or 1.45 points to trade at 18.50...
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By Ankit Ajmera and Ben Klayman (Reuters) - Ford Motor (NYSE:F) Co said on Thursday it was calling off its previously announced automotive joint venture with India's Mahindra and Mahindra Ltd due to the challenges caused by the COVID-19 pandemic. (https://ford.to/2X2V6Gg) The decision was driven by changes in the global economy over the...
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By Estelle Shirbon and Andrew MacAskill LONDON (Reuters) - British doctors have said a government decision to delay giving a coronavirus vaccine booster shot to vulnerable patients who have already had a first dose will be distressing and disruptive, their trade union said on Thursday. The government said on Wednesday it wanted to give a first dose to as many people...
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By Michael Erman and Carl O'Donnell NEW YORK (Reuters) - Drugmakers including Pfizer Inc (NYSE:PFE), Sanofi (PA:SASY) SA, and GlaxoSmithKline Plc plan to raise U.S. prices on more than 300 drugs in the United States on Jan. 1, according to drugmakers and data analyzed by healthcare research firm 3 Axis Advisors....
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By Nivedita Balu and Anirban Sen (Reuters) - Blank-check firms - popularly known as SPACs - emerged as the most popular investment vehicles and the primary driving force behind a record year for initial public offerings (IPOs) in 2020, even as overall dealmaking activity tumbled to a three-year low. SPACs are shell...
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