GENEVA: The World Health Organization (WHO) is reviewing a report urging it to update guidance on the novel coronavirus after more than 200 scientists, in a letter to the health agency, outlined evidence the virus can spread in tiny airborne particles. The WHO says SARS-CoV-2, the virus that causes COVID-19, […]
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NEW YORK: US health official Anthony Fauci said on Monday (Jul 6) that the current state of the COVID-19 outbreak in the United States “is really not good” and a “serious situation that we have to address immediately.” The United States is still “knee-deep” in the first wave of the […]
NEW BRUNSWICK, New Jersey: Johnson & Johnson said on Monday (Jul 6) it was slashing the price of its version of tuberculosis drug bedaquiline to US$340 from US$400, for a six-month treatment, in low- and middle-income countries, to scale up its use during the COVID-19 pandemic. J&J’s bedaquiline, marketed under […]
NEW YORK: New York Governor Andrew Cuomo on Monday (Jul 6) called on President Donald Trump to not be a “co-conspirator” of the coronavirus and acknowledge the “major problem” it poses as cases spiked in dozens of states after some rushed to reopen. The number of US coronavirus deaths exceeded […]
Wall Street’s main indexes were set to open higher on Monday, with the Nasdaq eyeing another record level, as bets on China leading the revival from a coronavirus-driven downturn helped investors look past a surge in new cases of COVID-19 at home. REUTERS: Wall Street’s major indexes climbed on Monday […]
The Trump administration on Monday released the names of hundreds of thousands of businesses which took money from a high-profile US$660 billion pandemic aid program, letting the public see for the first time how the majority of the cash was spent and whether it helped save jobs. WASHINGTON: The Trump […]
BEIJING: Sina Corp, the owner of media social platform Weibo, said on Monday (Jul 6) it had received a go-private offer of US$41 per share in cash from a holding company led by its Chief Executive Officer Charles Chao. The transaction stands at a value of about US$2.7 billion, according […]
SAO PAULO: Brazilian health insurer Hapvida said in a securities filing on Monday it has suffered a cyber attack potentially involving access to the personal information of its customers. Hapvida said, after a preliminary assessment of the security breach, that the attackers did not access customers’ medical records or financial […]
REUTERS: Uber Technologies Inc on Monday said it would acquire Postmates Inc for US$2.65 billion to expand its food delivery market share and significantly increase the business of supplying everyday goods at a time when the coronavirus has pummeled its core ride-hailing service. The all-stock deal, still subject to regulatory […]
WASHINGTON: US services industry activity rebounded sharply in June, almost returning to its pre-COVID-19 pandemic levels, but a resurgence in coronavirus cases that has forced some restaurants and bars to close again threatens the emerging recovery. The Institute for Supply Management (ISM) said on Monday its non-manufacturing activity index jumped […]