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WHO approves Covid vaccine made by China’s Sinopharm for emergency use

May 7, 2021 by admin

The World Health Organization said Friday it has approved for emergency use a coronavirus vaccine developed by Chinese state-owned pharmaceutical group Sinopharm. Beijing’s Covid vaccine is recommended for adults 18 …

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Fed warns about potential for ‘significant declines’ in asset prices as valuations climb

May 6, 2021 by admin

However, the report notes that there’s danger lurking should market sentiment change. “High asset prices in part reflect the continued low level of Treasury yields. However, valuations for some assets …

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Dow rises nearly 100 points to close at a record amid solid earnings

May 5, 2021 by admin

U.S. stocks rebounded on Wednesday as strong earnings results and economic optimism pushed the Dow Jones Industrial Average to a record high. The blue-chip Dow gained 97.31 points, or 0.3%, …

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S&P 500 ends day 0.7% lower, Nasdaq sheds nearly 2% for worst day since March

May 4, 2021 by admin

The S&P 500 fell on Tuesday amid selling in Big Tech and other high-growth stocks, erasing the benchmark’s strong start to the month. The broad market index closed the session …

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WHO is closely monitoring 10 Covid variants as virus mutates around the world

May 3, 2021 by admin

Mukesh Bhardwaj cries as he sits next to his wife, who receives oxygen support for free for people suffering from breathing problems, outside a Gurudwara (Sikh temple), amidst the spread …

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U.S. to discuss wider Covid vaccine licensing as India calls to waive patent protections

May 2, 2021 by admin

WASHINGTON – White House Chief of Staff Ron Klain said Sunday that the Biden administration is looking to distribute the coronavirus vaccine to India and other countries now that millions …

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Charlie Munger calls bitcoin ‘disgusting and contrary to the interests of civilization’

May 1, 2021 by admin

Berkshire Hathaway Vice Chairman Charlie Munger’s distain toward bitcoin has only intensified amid the digital asset’s record run this year. “Of course I hate the bitcoin success,” the 97-year-old Munger …

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U.S. to restrict travel from India effective May 4 as Covid surge devastates the country

April 30, 2021 by admin

The Biden administration will restrict travel from India as that country grapples with a gigantic surge in coronavirus cases, White House press secretary Jen Psaki said Friday. The policy will …

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Amazon sales surge 44% as it smashes earnings expectations

April 29, 2021 by admin

Jeff Bezos, founder of Amazon Katherine Taylor | Reuters Amazon shares climbed as much as 4% in extended trading Thursday after the company released its first-quarter earnings, beating Wall Street’s …

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Apple reports another blowout quarter with sales up 54%, authorizes $90 billion in share buybacks

April 28, 2021 by admin

Apple reported a blowout quarter on Wednesday, announcing companywide sales up 54% higher than last year, and significantly stronger profits than Wall Street expected. Apple stock rose over 4% in extended …

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