As per the terms of the agreement the company has reserved manufacturing capacity to allow for the supply of multiple vaccines to the UK Government in its fight against COVID-19, including AZD1222, the vaccine co-invented by the University of Oxford and its spinout company, Vaccitech and licensed by AstraZeneca. … [Read more...] about Wockhardt enters deal with UK govt to fill finish Oxford coronavirus vaccine
FDI in commercial mining: Government nod needed for companies from nations sharing border with India White House adviser Navarro suggests Microsoft divest China holdings Banks sanction around 44% of targeted Rs 3 lakh crore in liquidity support to MSMEs: CARE Ratings … [Read more...] about Dhanlaxmi Bank Q1 profit tumbles 69% on higher bad loan provisioning
Google Once upon a time, Google could smile, say “Don’t be evil,” and all was forgiven. Those days are long gone. Attorneys general from 48 states, Puerto Rico, and the District of Columbia are investigating Google for anticompetitive behavior. There’s no Google product that’s truly exciting or beloved. There’s just the search engine, and it’s been around for so long that it might as well be a phone company or local gas utility. Unplugging Google from its digital ad server, DoubleClick Ad Exchange, might be tricky, but YouTube could be spun off without too much fuss. … [Read more...] about Zuck, Bezos, Cook: Who takes the fall in D.C.’s antitrust games?
Though TUCIBIL is upbeat on relatively less cases of non-repayment of home loans, it says that there is a possibility of non-payment for under-construction home loans. The price correction can make many home buyers jittery and banks may want to avoid such a situation. The delay in completion is another risk. If you are keen to buy an under-construction property, do check if the banks of your choice are willing to offer loans. Banks are more likely to lend to a ready-to-move-in property and selectively work with developers offering under-construction inventory. … [Read more...] about COVID impact: Banks in no hurry to open their vaults to home loan seekers
The decimation caused by the coronavirus crisis is instructive, says Fugere. “I think it was a demonstration of what’s to come. When demand falls, there is too much oil and gas in the world. What that means is a very steep decline in price, and companies are not producing value at that point. So I think it was an early warning, for the oil and gas industry. Those companies that are paying attention are making adjustments, because the world has to cut its demand for oil and gas, and to ignore the way the wind is blowing is putting investors in the company at risk.” European oil companies, she says, have been moving faster than American oil companies such as Exxon, which face more risk. (Exxon was the world’s most valuable company in 2010, and is now eclipsed by others, including Tesla.) … [Read more...] about BP wants to become the world’s largest renewables producer (but still pump a lot of oil)