Business
- As Boston Celtics struggle, jersey patch partner Vistaprint takes the long viewon May 11, 2021 at 12:39 AM
The Celtics could miss the NBA's postseason, costing corporate sponsor Vistaprint increased brand exposure for its $10 to $15 million jersey patch.
- Chipotle to hike wages, debut referral bonuses in attempt to hire 20,000 workerson May 11, 2021 at 12:07 AM
Chipotle CEO Brian Niccol said the current labor market is among the most challenging he's seen in his career in the restaurant industry.
- ‘It’s a big deal’ for America's push to reopen, says NIH Director on Pfizer vaccine approval for adolescentson May 10, 2021 at 11:57 PM
NIH Director Dr. Francis Collins says the FDA's emergency use authorization of Pfizer and BioNTech’s Covid vaccine for kids ages 12 to 15 is “a big deal.”
- FDA permits use of the Pfizer-BioNTech Covid vaccine in kids ages 12 to 15on May 10, 2021 at 11:26 PM
The FDA granting use of the shot in younger age groups will allow middle school-aged students to get vaccinated before school starts this fall.
- Tour Faith Hill and Tim McGraw's $35 million private islandon May 10, 2021 at 10:54 PM
The Bahamian island Faith Hill and Tim McGraw spent years and many millions to develop is on the market for $35 million.
Global News
- Japan's Nikkei 225 falls 2.2% after U.S. stocks decline overnighton May 11, 2021 at 1:00 AM
U.S. markets fell overnight as investors exited Big Tech stocks including Microsoft and Apple. The Nasdaq composite suffered the largest loss, falling by 2.5%.
- Cathie Wood's ARK Innovation ETF falls to new low for the year, off nearly 35% from recent highon May 11, 2021 at 12:04 AM
Ark Innovation's 5% drop on Monday dragged the "disruptive innovation" ETF dropped below its February low.
- FDA permits use of the Pfizer-BioNTech Covid vaccine in kids ages 12 to 15on May 10, 2021 at 11:26 PM
The FDA granting use of the shot in younger age groups will allow middle school-aged students to get vaccinated before school starts this fall.
- Nasdaq futures slip after Big Tech selling pushes stocks off recordson May 10, 2021 at 11:07 PM
Futures contracts tied to the major U.S. stock indexes slipped Monday evening after selling in Big Tech during the regular session.
- WHO classifies triple-mutant Covid variant from India as global health riskon May 10, 2021 at 10:54 PM
Maria Van Kerkhove, the WHO's technical lead for Covid-19, said the agency will provide more details in its situation report Tuesday.
Wealth
- Trade setup for Tuesday: Top 15 things to know before Opening Bellon May 10, 2021 at 3:45 PM
Any decisive breakout above this 15,000 levels on a closing basis may cause strength towards 15,200-15,250 levels, said Rajesh Palviya of Axis Securities.
- Centre says exercise of patent waiver provisions for COVID-19 drugs #39;counter-productive#39;, prefers diplomacyon May 10, 2021 at 3:30 PM
The Supreme Court in its order dated April 30 observed that the central government could consider using its powers under Sections 92, 100 or 102 of the Patents Act to increase production of essential drugs to meet demand.
- Isuzu D-Max range finally re-launched in India starting at Rs 16.98 lakhon May 10, 2021 at 2:23 PM
The D-Max V-Cross has already been refreshed internationally with a facelift. In India, however, the company has brought back the older model with only upgraded engines. There is however a new entry-level to the V-Cross called the Hi-Lander.
- Debt mutual funds see Rs 84,202-crore outflow in March quarter on redemption from liquid fundson May 10, 2021 at 2:09 PM
The outflow comes following an inflow of Rs 1.69 lakh crore in December quarter, Rs 35,522 crore in September quarter and Rs 1.09 lakh crore in June quarter.
- Yamaha Motor to suspend production at two Indian plants due to COVID-19on May 10, 2021 at 1:22 PM
TOKYO Yamaha Motor Co said on Monday it will temporarily suspend its motorcycle production at two plants in India to protect employees from a ..
Economy
- Budget heading for vaccination expenditure does not inhibit Centre from using funds: Finance Ministryon May 10, 2021 at 10:02 AM
The amount of Rs 35,000 crore provided in the Union Budget for fiscal year starting April 1, 2021 (FY22) under the Demand for Grants No. 40, titled #39;#39;Transfers to States#39;#39; has been done for several administrative advantages, including expenditure under such head being exempted from the quarterly control restrictions.
- RBI relief measures to only delay stress for financial institutions: Fitchon May 10, 2021 at 4:52 AM
The Reserve Bank of India (RBI) rolled out last Wednesday a slew of measures including a loan restructuring scheme to help lenders tide over mounting bad loans and give some borrowers more time for debt repayment.
- Indian foreign policy needs economy of ambitionon May 10, 2021 at 2:25 AM
In capitals across the world, the questions that swirled around India in the 1960s are being asked again.
- Self-employed? Virus might force a rethinkon May 7, 2021 at 11:11 AM
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- Surging India virus cases may derail recovery but ratings outlook stable: SPon May 7, 2021 at 9:42 AM
The rating agency, however, said the second wave should not hit the economy as hard as the first wave did in the April-June quarter of the 2020/21.
Healthcare
- J&J vax set for widespread use in Germanyon May 10, 2021 at 11:40 AM
The vaccine will therefore be given the same status as the AstraZeneca jab, which was last week cleared to be given to people younger than 60, as long as they had had a consultation with a doctor
- BioNTech to build mRNA manufacturing site in Singaporeon May 10, 2021 at 8:00 AM
The BioNTech company said its expansion plans were supported by the Singapore Economic Development Board and would increase the global supply of mRNA-based vaccines and establish a production facility in south east Asia to respond rapidly to future pandemics.
- Bharat Biotech commences direct supply of 'Covaxin' to 14 stateson May 10, 2021 at 7:20 AM
The Hyderabad-based firm has started supplying its Covid-19 treatment vaccine to the states based on the allocations received by the central government.
- India's Cipla to make and sell Eli Lilly's baricitinib to treat Covid-19on May 10, 2021 at 5:15 AM
The agreement comes at a time when India is struggling with a catastrophic second wave of the pandemic, leading to an acute shortage of coronavirus medicines such as remdesivir and tocilizumab.
- U.S. based Acasti Pharma to buy Indian origin pharma firm Graceon May 10, 2021 at 1:47 AM
As per the understanding, Acasti will acquire Grace’s entire therapeutic pipeline consisting of three unique clinical stage and multiple pre-clinical stage assets, according to regulatory filings. The assets are supported by an intellectual property portfolio consisting of more than 40 granted and pending patents in various jurisdictions worldwide.
Technology
- RSVFree: How Indians are trying (and struggling) to wriggle out of attending weddings amid a raging pandemicon May 11, 2021 at 12:30 AM
Unable to have tough conversations within family groups fearing friction, many vent their frustration online by sly tweeting at people still going ahead with their grand wedding plans
- IPL ads, Dogecoin frenzy may have triggered 'informal' curbs on crypto exchangeson May 11, 2021 at 12:30 AM
Being in the spotlight could cost crypto exchanges dearly
- Flipkart plans a Big Billion Day with new investorson May 10, 2021 at 7:02 PM
Fundaise largely for expansion, catalysing sum-of-parts value; funding may double ahead of likely US IPO
- HDFC Bank gets 1.5% of Grameen eStore for Rs 10 croreon May 10, 2021 at 6:29 PM
This comes after the digital arm of the Tata Group -- Tata Digital -- had purchased a similar stake in the government-run rural e-commerce venture in December
- US state attorneys general urge Facebook to cancel Instagram for younger kidson May 10, 2021 at 4:24 PM
The letter said media reports from 2019 showed that Facebook's Messenger Kids app contained a significant design flaw that allowed children to circumvent restrictions on online interactions
Education
- Kerala: 13 KL Oxygen plant set up at Kozhikode Medical Collegeon May 10, 2021 at 10:20 AM
The 13 KL plant from the PK Steel Complex was re-located to the Medical College compound. This was following the order of the District Collector under the Disaster Management Act.
- In a first, IIT-Bombay to offer healthcare info courseon May 10, 2021 at 9:00 AM
The course will bring together expertise from computer science, bioinformatics, statistics, AIML (artificial intelligence & machine learning) and medical science.
- UP: After 16 faculty deaths, Aligarh Muslim University seeks virus genome samplingon May 10, 2021 at 4:55 AM
Samples collected at the ICMR-approved Covid-19 testing laboratory of the department of microbiology, Jawaharlal Nehru Medical College (JNMC) of the varsity, have been sent for viral genome sequencing to the CSIR-Institute of Genomics and Integrative Biology, New Delhi.
- Coronavirus ‘N protein’ plays a critical role in viral transmission: IISER Bhopal Studyon May 4, 2021 at 1:33 PM
Since the virus is highly infectious, most studies do not use the live virus, but use a similar protein capsule made up of spike that has been filled with another viral core, in a process called ‘pseudotyping.’
- IIT Madras, UK researchers develop sensor to detect antimicrobial resistance triggering pollutantson May 4, 2021 at 11:28 AM
The research behind the developed sensor has been published in Nature Scientific Reports Journal and has been acknowledged as one of the top 100 in chemistry.
