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Labor Day marked the end of the total work-from-home era for many U.S. workers, with companies including Apple, Comcast, and Peloton demanding a return to the office after the long holiday weekend. The unspoken premise behind the edict was that the COVID pandemic as we know it is over—or at least a shadow of what … Read more
Novavax Inc. executives slashed their annual sales guidance in half Monday while wildly missing financial expectations, sending shares down more than 30% in after-hours trading. Novavax NVAX, -5.01% now projects total 2022 revenue of $2 billion to $2.3 billion, after previously stating a goal of $4 billion to $5 billion. The U.S. Food and Drug … Read more
Text size The Federal Reserve under Jerome Powell is expected to continue raising interest rates. Olivier Douliery/AFP via Getty Images The stock market was sinking after inflation came in hotter-than-expected in June. The Dow Jones Industrial Average has declined 334.83 points, or 1.1%, while the S&P 500 has fallen 1.4%, and the Nasdaq Composite futures … Read more
Hours ahead of the World Trade Organization (WTO) meeting that starts on Sunday, a flurry of representations are being made by pro-health groups, campaigning for the temporary waiver of intellectual property (IP) on Covid-19 technologies — vaccines, treatments and diagnostics. They are against the “restrictive” criteria of an alternative agreement that is presently being discussed … Read more
The company’s new brand identity brings together two hearts in purple and teal colours symbolising its commitment to science and innovation alongwith care and nurturance. Cadila Healthcare Ltd will now be known as Zydus Lifesciences Ltd as part of unveiling its new innovation and care centric corporate brand identity. The company’s new brand identity brings … Read more