Economy

Brazilian Volunteer for AstraZeneca COVID-19 Vaccine Clinical Trials Dies

A volunteer in Brazil for the clinical trials of COVID-19 vaccine being developed by Europe based pharmaceutical company AstraZeneca Plc. (LON: AZN) in collaboration with Oxford University has passed away. Oxford confirmed the sad news further adding after a meticulous assessment no concerns about safety of the clinical trial the trials came up hence the […]

Pompeo Says U.S and Brazil Must Reduce Dependence on Chinese Imports

U.S secretary of State Mike Pompeo has said that both the United States and Brazil need to reduce overdependence on critical imports from China. Pompeo believes doing so would do well for the security of the two countries. He made the remarks during a virtual summit which strengthened business partnerships between the two countries. The […]

China Reviews Laws Reinforcing Protection of Minors Online

The parliament of China revised laws concerning protection of persons under 18 online. According to the news first posted by state news agency Xinhua, providers of content and products online in China will be forced to take action if the situation concerns under 18’s. The National People Congress Standing Committee voted for adoption of the […]

Thailand Bans Demonstrations as Protests against Top Government Official Spikes

The government of Thailand has banned demonstrations and protests of whatever nature across the country due to increasing demonstrations against King Maha Vajiralongkorn and Prime Minister Prayuth Chan-ocha. The latest protests on the same took place on October 15 resulting whereby thousands of Thailand citizens turned up in the streets to protests. The situation escalated […]

Twitter Suspends Accounts of Trump’s Black Supporters Says They Broke Rules

Social network Twitter Inc. (TWTR) has suspend several accounts belonging to black supporters of U.S President Donald Trump and his re-election bid in the upcoming presidential elections claiming the account owners broke its rules on manipulation and spam. The accounts in question have been frequently posting pictures of individuals which do not match with their […]

World Bank Approves $12 Billion to Fund COVID-19 Vaccines for Developing Countries

The World Bank announced that its executive board approved $12 billion to fund purchasing and distribution of COVID-19 vaccine across third world countries once a suitable vaccine will be released. Developing countries will also use the cash to test and treat the disease, World Bank’s executive board approved the funding plan on October 13. This […]

J&J Halts COVID-19 Vaccines Trials After a Participants Suffers Unexplained Illness

American based medical device and pharmaceutical company Johnson & Johnson (J&J) has temporarily halted had its COVID-19 vaccine clinical trials after a study candidate started suffering from unknown illness. In a statement the company said the participant in question is being evaluated and reviewed by an independent data and safety monitoring board together with the […]

Records Show 19,000 U.S Based Amazon Employees Contracted Coronavirus

World largest e-commerce company Amazon Inc. (AMZN) has revealed that 19,000 of its employees in the United States contracted coronavirus at some point this year. This number translates to 1.44% of the company’s total labor force. A number of labor advocates have been constantly criticizing how the company has been responding to the pandemic in […]

Twitter Removes 130 Accounts Making Disruptions During U.S Presidential Debate

Widely used social platform Twitter Inc. (TWTR) announced that it took down 130 accounts for trying to disrupt public conversations during the first U.S Presidential debate between President Trump and Democratic Party candidate and former vice President Joe Biden. According to a statement issued by the social network company, these accounts appeared to have originated […]

World Bank Seeking Approval for Extra $12 Billion Coronavirus Vaccine Funding Plan

The World Bank is seeking approval from its board to secure a $12 billion financing plan which will be used during vaccination against deadly coronavirus. This information was revealed by World’s bank president David Malpass. Malpass says the cash will be used to help third world and poor countries to secure enough vaccine doses for […]