Shares of Pfizer, the healthcare giant, fell 3.5% to $31.00 in after-hours trading as the company significantly reduced its outlook for the year. The revision is primarily driven by expectations…
WASHINGTON — First lady Jill Biden has tested positive for COVID-19, according to her spokeswoman. However, she is currently experiencing only mild symptoms. In response to this news, President Joe…
(Reuters) Inbound shipments to China fell by 0.1% in March from the prior year, the first decline since August 2020 due to Covid-19 restrictions. The Covid-19 restrictions reportedly curtailed freight…
(MarketWatch) NIO stock lost about 10% in premarket on Monday before recovering some losses, leading to declines among electric car makers following warnings of delivery delays. Nio cited Covid-19 related…
(IHS Markit) China’s Business Activity Index showed a reading of 51.4 in January, down from 53.1 in December, as measures to slow down the rising Covid-19 cases hurt growth. Overall…
(Novavax) Britain’s Medicines and Healthcare products Regulatory Agency has approved Novavax Inc.’s protein-based vaccine NVX-CoV2373. The vaccine would be the first protein-based for active inoculation against Covid-19 caused by SARS-CoV-2…
(Spotify) Spotify Technology SA has come out to defend its stand about Covid-19 by publishing rules on content allowed on its platform. Spotify says the advisory seeks to raise awareness…
(Johnson&Johnson) Johnson&Johnson announced total sales of $24.80 billion in the fourth quarter of 2021, up 10.4% from the prior year but below estimates of $25.29 billion. In FY21, Johnson&Johnson posted…
(Valneva) Three doses of inactivated Covid-19 vaccine of biotech company Valneva have been found to have an 87% effectiveness against the Omicron variant. The vaccine candidate, VLA2001, which also carries…
(NIH) Researchers affiliated with Oregon State University have found that compounds found in cannabis blocks the virus that causes Covid-19 from invading the cells. The researchers say that two cannabinoid…
(Xinhua) China has placed the central city of Xi’an, which hosts about 13 million people, under lockdown to tame the rising cases of the coronavirus. The move to impose restrictions…
(Reuters) Shares of Novavax rose more than 10% in pre-market on Monday on reports that it will begin deliveries of Covid-19 vaccines in the EU in the first quarter of…