Blogroll

Chipmaker Micron Technology Inc forecast current-quarter revenue above analysts' estimates on Wednesday and said the shift to work-from-home globally due to the coronavirus outbreak is fueling demand for notebooks and data center services.

Gilead Sciences Inc on Wednesday took the unusual step of asking the U.S. Food and Drug Administration to rescind a controversial orphan drug designation the agency had granted for the biotech company's potential coronavirus treatment remdesivir just 48 hours earlier.

A Brazilian doctor leading a clinical trial of a malaria drug and antibiotic combination to treat the coronavirus urged caution on Wednesday, saying initial results of the drug that U.S. President Donald Trump called a potential "game changer" would take two weeks.

India's 1.3 billion people were under lockdown on Wednesday to prevent an explosion of coronavirus cases as the government struggled to deliver essential goods and calm nerves.

Some doctors combating India's coronavirus outbreak have been evicted from their homes by force, a medical association said on Wednesday, due to fears that they may be infected and spread the disease to neighbors.

Tesla Inc will reopen its New York factory "as soon as humanly possible" to manufacture ventilators for coronavirus patients, Chief Executive Officer Elon Musk said on Twitter on Wednesday.

Tesla Inc will reopen its New York factory "as soon as humanly possible" to manufacture ventilators for coronavirus patients, Chief Executive Officer Elon Musk said on Twitter on Wednesday.

A group representing major U.S. semiconductor companies on Wednesday said it was working with federal officials to make clear to state and local officials overseeing lockdowns that chip companies are essential businesses that should continue operations.

The British government has ordered 10,000 medical ventilators designed at breakneck speed by vacuum cleaner-maker Dyson, billionaire founder James Dyson said in an email to staff on Wednesday, as the country tries to boost the number of ventilators available to treat coronavirus patients.

Turkey will overcome the coronavirus outbreak in two to three weeks through good measures, with as little damage as possible, President Tayyip Erdogan said on Wednesday, as Ankara extended the closure of all schools until April 30.

By Michael Shields, Carl O'Donnell, Roxanne Liu and Anthony Deutsch

Many people across Asia wear face masks to try and protect themselves against COVID**19, the disease caused by the new coronavirus. In Europe and the United States, masks are less commonly worn, but many people are asking: Should they wear them during the pandemic?

British engineer Babcock International said on Wednesday it had joined forces with a leading medical equipment company to design and supply thousands of critical care ventilators to Britain's publicly funded health service.

Amazon.com Inc on Wednesday said it temporarily would not require sellers in its marketplace to repay loans it had made to them, as merchants confront the prospect of declining sales during the coronavirus pandemic.

Countries that have locked down their populations to prevent the spread of coronavirus need to put a premium on finding new cases and doing everything they can "to suppress and control" the virus, the World Health Organization said on Wednesday.

Spain's Grifols has agreed to work with the U.S. Food and Drug Administration and other agencies to gather plasma from patients who have recovered from COVID-19 and test potential therapies for the disease, the pharmaceutical firm said on Wednesday.

As independent contractors, U.S. ride-hail drivers for Uber and Lyft benefited from soaring trip demand and flexible work hours.

Older malaria drugs are being studied, and in some cases used, to treat or try to prevent infection with the new coronavirus, even though there is no firm evidence to show they are effective.

The total confirmed cases of coronavirus in Ireland rose to 1,564 on Wednesday from 1,329 a day earlier, with two more deaths reported to bring the number of fatalities to nine, the health department said.

French President Emmanuel Macron on Wednesday pledged "massive investments" in the country's public hospital health system, close to a breaking point as it copes with the coronavirus outbreak which has already caused 1,331 deaths in the country.