The Vietnamese health ministry reported on Wednesday that U.S. pharmaceutical company Pfizer would be providing 20 million doses of its COVID-19 vaccine to the Southeast Asian country. The vaccines, co-developed by German biotech company BioNTech, are expected to be administered to 12 to 18-year-olds as part of the next...
Dominion Energy confirmed on Monday that it has abandoned its sale of its natural gas pipeline to a unit of Berkshire Hathaway due to uncertainty over whether or not antitrust regulators would approve it. The Warren Buffet-led Berkshire planned to acquire Dominion's Questar Pipelines for $1.3 billion in cash...
The industrial safety department of the Indian state of Tamil Nadu conducted an investigation of Renault-Nissan's India plant, in order to determine if the facility was indeed complying with the state's coronavirus safety guidelines. According to Reuters, the state released a report in which it concluded that the Renault-Nissan...
An Israeli health official revealed on Sunday that Israel is currently in talks with several other countries over plans to redistribute some of its surplus stock of COVID-19 vaccines. The doses, developed by vaccine makers Pfizer and BioNTech, are due to expire by the end of the month. Hezi Levi,...
Senior Argentinian officials revealed recently that the South American nation is expected to amend existing legislation in order to enable the government to accept COVID-19 vaccines that are to be donated by the United States. Some of the legal clauses that are expected to change include those pertaining to...
Vehicle-for-hire company Didi Global Inc. experienced a 7% decline on the New York Stock Exchange on Friday following a Chinese government decision to launch a cybersecurity review of the company. As a result, Didi, which only started trading publicly on Wednesday, fell to a value of $15.26 per share. The...
BMW emphasized its concern regarding the ongoing global chip shortage recently, explaining that the excessively low supply could result in further lost production within the car industry. The German automaker also mentioned that there is little likelihood that supply will increase in the later stages of 2021. As a result...
Saudi Arabia revealed plans for the development of its new national airline targeting international travelers, thereby gearing up to compete head-to-head with existing Middle Eastern rivals Emirates and Qatar Airways. According to two sources familiar with the matter, the new airline is expected to provide all new international flight...
After raising $415 million from a group of investors led by SoftBank Group Corp.’s Vision Fund 2, Dubai-based startup Kitopi has skyrocketed to unicorn status, with the company's valuation exceeding $1 billion. Following news of the startup's fundraising success, Kitopi Chief Executive Officer Mohamad Ballout explained in an interview that, "We...
COVID-19 vaccine maker Moderna is looking to deliver its shipment of vaccines promised to Germany earlier than expected, Dan Staner, its European head, stated on Thursday. The biotech firm is aiming to deliver 80 million doses by the end of 2021, a figure that is in line with the...