Blogroll
Carlyle-backed ZoomInfo looks to raise about $800 million in Nasdaq listing
ZoomInfo Technologies Inc expects to raise up to $801 million in its U.S. initial public offering (IPO), as the market for new issues rebounds after the COVID-19 pandemic put several debuts on hold for a couple of months.
Categories: Technology
Tesla cuts prices by as much as 6% in North America to boost demand
Tesla Inc has cut prices of its electric vehicles by as much as 6% in North America following a decline in auto demand in the region during weeks of lockdown that have now started to ease.
Categories: Technology
Tech reboot in store for EU as plans recovery from crisis
From ramping up 5G's rollout to exploiting its data, the European Union is turning to technology to help it bounce back from the coronavirus crisis and compete better in key areas with the United States and China.
Categories: Technology
Novavax buys Praha Vaccines for $167 million to boost COVID-19 vaccine production
Drug developer Novavax Inc on Wednesday acquired Praha Vaccines, a unit of India's Cyrus Poonawalla Group, for about $167 million as it looks to boost capacity to produce its COVID-19 vaccine candidate.
Categories: Health
Trump threatens to shutter social media companies after Twitter warning
U.S. President Donald Trump on Wednesday threatened to regulate or shut down social media companies, one day after Twitter Inc for the first time added a warning to some of his tweets prompting readers to fact check the president's claims.
Categories: Technology
Kenya rolls out testing in Nairobi slums, but some fear stigma
Kenya is rolling out voluntary public testing for the novel coronavirus in its biggest slum, where some residents say being declared virus-free boosts their chances of getting a job.
Categories: Health
Top investor in Italy's Nexi cuts stake as M&A looms
The top investor in Nexi has sold 8.8% of the Italian payments group, cutting its holding in a move seen by investors as easing the way for a long-awaited potential merger with rival SIA.
Categories: Technology
'No masks, no gloves': Kenyan government under fire over quarantine centres
Kenya's government is facing growing criticism over quarantine centres it set up to curb the spread of the coronavirus, with witnesses saying some are squalid and expose residents to the risk of catching COVID-19.
Categories: Health
France bans hydroxychloroquine to treat COVID-19 amid safety concerns
The French government on Wednesday cancelled a decree allowing hospital doctors to administer hydroxychloroquine as a treatment to patients suffering severe forms of COVID-19, the illness caused by the new coronavirus.
Categories: Health
Exclusive: Research finds concerning drop in U.S. colorectal cancer screenings and surgeries
New diagnoses of one of the deadliest cancers fell by one-third in March and April as U.S. physicians and patients halted appointments and screenings during the COVID-19 outbreak.
Categories: Health
Hyundai Motor Group to get electric vehicle batteries from LG Chem
Hyundai Motor Group, which includes Hyundai Motor and its sister company Kia Motors has picked LG Chem as one of the battery suppliers for its upcoming new electric vehicles, a group spokesman said on Wednesday.
Categories: Technology
Huawei Meng's U.S. extradition case hinges on key ruling in Canada on Wednesday
A Canadian judge will rule Wednesday on a key aspect of Huawei Technologies Chief Financial Officer Meng Wanzhou's extradition to the United States, with a favourable judgment seen as paving the way for the release of the Chinese executive after 18 months of house arrest.
Categories: Technology
Antibody drug tech firm AbCellera raises $105 million as it works on COVID-19
Canadian drug discovery technology company AbCellera, which analyzes and identifies antibodies for pharmaceutical companies working on a coronavirus treatment and other medicines, said on Wednesday it had raised $105 million in funds.
Categories: Health
Malaysia reports 15 new coronavirus cases with no new deaths
Malaysian health authorities on Wednesday reported 15 new coronavirus cases, raising the cumulative total to 7,619 cases.
Categories: Health
Coronavirus outbreak at South Korea e-commerce warehouse drives spike in new cases
South Korea reported the highest daily number of new coronavirus cases in 49 days on Wednesday, as one of the country's largest e-commerce companies battled an outbreak linked to a now-shuttered logistics facility.
Categories: Health
CATL explores new EV battery services, to add capacity: chairman
China's top electric vehicle (EV) battery maker Contemporary Amperex Technology Ltd (CATL) is exploring new battery-related services and will expand manufacturing capacity in the next two years, its chairman told Reuters.
Categories: Technology
Philippines reports 18 new coronavirus deaths, 380 more infections
The Philippines' health ministry on Wednesday reported 18 new coronavirus deaths and 380 additional infections, the highest single-day increase in cases in more than seven weeks.
Categories: Health
Australia eyes New Zealand travel 'bubble' as cases fall
Falling numbers of active coronavirus cases in Australia and New Zealand are paving the way for the easing of travel restrictions between the two countries, health officials said on Wednesday, even as Australia recorded its youngest coronavirus death.
Categories: Health
Russia reports 161 new coronavirus deaths
Russia said on Wednesday 161 people with the coronavirus had died in the past 24 hours, bringing the nationwide death toll to 3,968.
Categories: Health


