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Reuters

Brazilian clinics to buy India's COVAXIN vaccine pending approval
World

Brazilian clinics to buy India's COVAXIN vaccine pending approval

  • Private sector talks to acquire Bharat's COVAXIN vaccine would not interfere with the Brazilian government's efforts to acquire vaccines for the public sector.
  • Bharat Biotech said on Tuesday that it had signed an agreement with a Brazil-based pharmaceutical seller, Precisa Medicamentos, to supply the vaccine even though it has yet to be approved.
Published 13 Jan, 2021 08:24pm
Jordan buys 60,000 tonnes wheat in tender
Markets

Jordan buys 60,000 tonnes wheat in tender

  • It was bought from trading house Cerealcom Dolj at $269.20 a tonne c&f for shipment in the first half August 2021.
  • Two other trading houses participated in the tender, CHS which offered $277.97 a tonne c&f and Ameropa which offered $284.93 a tonne c&f.
Published 13 Jan, 2021 08:22pm
Dropbox to layoff 11pc of workforce, COO to step down
Business & Finance

Dropbox to layoff 11pc of workforce, COO to step down

  • Shares fell nearly 6% to $22.26 after Dropbox said Chief Operating Officer Olivia Nottebohm, who joined last year from Alphabet Inc's Google, will step down on Feb. 5.
  • Our Virtual First policy means we require fewer resources to support our in-office environment.
Published 13 Jan, 2021 08:06pm
Brazil services sector grows 2.6pc in Nov, sixth rise in a row
World

Brazil services sector grows 2.6pc in Nov, sixth rise in a row

  • Activities such as restaurants, hotels, family services and transport ... are recovering, but the need for social distancing means the sector has not yet returned to pre-pandemic (levels).
  • Services account for around two-thirds of Brazilian economic activity.
Published 13 Jan, 2021 07:59pm
Indian farmers burn legislation in show of defiance
World

Indian farmers burn legislation in show of defiance

  • Tens of thousands of farmers have been camped on the outskirts of the capital, New Delhi, for almost two months.
  • The government led by Prime Minister Narendra Modi denies this, saying the legislation is required to reform an agricultural sector beset by waste.
Published 13 Jan, 2021 07:55pm
Italy to extend COVID state of emergency to end of April
World

Italy to extend COVID state of emergency to end of April

  • The state of emergency, first introduced in January 2020, had been set to expire at the end of this month.
  • In the past week there has been a generalised worsening of the epidemic, we are back to an expansionary phase.
Published 13 Jan, 2021 07:45pm
India wants Pfizer to do local study for approval
World

India wants Pfizer to do local study for approval

  • As of now, the pre-condition for any vaccine to be implemented in India is that you have to do a bridging trial.
  • Paul also said Russia's Sputnik V, a shot undergoing last-stage trials in India, will soon apply for emergency-use approval in the country.
Published 13 Jan, 2021 07:36pm
Target holiday sales jump 17pc on strong online demand
Business & Finance

Target holiday sales jump 17pc on strong online demand

  • Target's sales through Shipt same-day delivery service jumped more than 300% in the November-December period.
  • The retailer's store traffic also rose 4.3% during the holiday season as people combined their shopping trips and limited it to large retailers amid a surge in pandemic.
Published 13 Jan, 2021 07:32pm