Merck asks FDA to clear antiviral for emergency use

[ad_1] The Merck logo on the Merck campus in Rahway, New Jersey. Brendan McDermid | Reuters Merck said Monday it has asked the Food and Drug Administration to authorize the emergency use of its experimental antiviral pill to treat mild to moderate Covid-19 in adults. The U.S. drugmaker’s request came after data from the phase … Read more

Gogoro launches battery swap stations in China – TechCrunch

[ad_1] Five months after announcing an agreement with two of China’s largest two-wheeled vehicle manufacturers, Gogoro officially launched there today, opening 45 battery exchange stations in Hangzhou. The company’s co-founder and CEO, Horace Luke, told TechCrunch he is targeting 80 stations by the end of the year, before expanding to other major cities with his … Read more

Chinese group Ant increases share capital by 47% to $ 5.4 billion

[ad_1] A man walks past an Ant Group logo at the World Artificial Intelligence Conference (WAIC) in Shanghai, China on July 8, 2021. REUTERS / Yilei Sun / File Photo BEIJING, Oct. 11 (Reuters) – Chinese group Ant has increased its share capital to 35 billion yuan ($ 5.44 billion) from 23.8 billion yuan, according … Read more

Chinese real estate bonds plunge as Evergrande debt holders wait for coupon deadline

[ad_1] By Andrew Galbraith SHANGHAI (Reuters) – Chinese real estate bonds collapsed on Monday after a developer asked to delay a paper deadline, highlighting default fears to stalk the markets as China’s offshore bondholders Evergrande were awaiting news of $ 148 million in impending debt coupons. Expectations that Evergrande will make the semi-annual payments on … Read more

“You do bad things and you make the world worse”

[ad_1] At Last week tonight John Oliver on Sunday slammed HBO’s parent company AT&T after recently finding out by Reuters that the telecommunications company helped create OAN, the far-right One America news network, which is known to broadcast COVID misinformation and conspiracy theories. Oliver said that, according to the Reuters report, “OAN founder Robert Herring … Read more

Oil surpasses $ 81 as global energy crisis drives demand

[ad_1] (Bloomberg) – Crude has surpassed $ 81 a barrel as the global electricity crisis stimulates demand for oil ahead of winter. Bloomberg’s Most Read West Texas Intermediate futures rose 2.7% to their highest level since October 2014. Prices for fuels such as coal and natural gas soar in Europe and Asia as stocks run … Read more