South Korea's health ministry confirmed on Sunday that it has secured an order for 7.01 million doses of coronavirus vaccines from Moderna Inc. This is in addition to the 1.3 million Moderna doses that were delivered to South Korea earlier this month. The 7.01 million dose top-up comes after the...
The borrowing costs in the European Union are expected to increase in the near future after the European Central Bank (ECB) announced another interest rates hike over the “next several meetings.” The ECB already increased the interest rates earlier in September by unprecedented 75 basis points. President Christine Lagarde confirmed...
Hong Kong Health Secretary Sophia Chan announced on Wednesday that the city plans to ease coronavirus restrictions from February 18th onwards. This will see the reopening of sports and entertainment facilities as well as the extension of dining hours in restaurants. While catering businesses will be permitted to remain open...
Canadian lithium development giant Rock Tech Lithium is aiming to build a converter plant in Brandenburg, Germany, the state within which Berlin is located. The state's energy ministry and the company said on Monday that Rock Tech Lithium is looking to use the plant to produce battery-grade lithium hydroxide for...
Oregon-based coffee chain Dutch Bros is experiencing exponential sales growth, thereby applying mounting pressure to current industry leaders Dunkin' and Starbucks. Having made its public debut on the NYSE in September, the company's shares have since risen in value by 56%. According to analysts, this growth is the result...
Multinational science and technology company Merck KGgA announced on Monday that it has closed a deal with Swiss biotech company Debiopharm to develop and market its Xevinapant drug for head and neck cancer. The deal is estimated to be worth 900 million euros ($1.08 billion). The terms of the deal...
Stock futures in New York gained on Wednesday after experiencing a day of mass sell-offs amid hysteria surrounding the Omicron coronavirus variant and the uncertain impact that it may have on the economy. After closing at nearly 2% lower on Tuesday afternoon, S&P 500 futures rose by 1.22% after trading...
The industry of electric vehicles is growing rapidly by the day, and thus there are countless companies battling to gain position for the head honcho spot. Tesla has always held a firm hold over its competitors in this field, but there's another company that experts are predicting will surprise...
Hard seltzer has been trending strongly, and Coca-Cola wants a piece of the pie. Indeed, off-premise hard seltzer sales showed a shocking 160% year-over-year increase in 2020, reaching a number of $4.1 billion. Coca-Cola recently created its own version of hard seltzer, not intimidated in the slightest by other companies...
Oil pushed higher on Wednesday as data from China and India boosted investor outlook. The rise in Chinese factory activity has boosted oil demand from the world's largest crude importer, thereby offsetting concerns about high U.S. oil reserves. The news was positive in India as well, where domestic refined...