FDA approves Merck’s at-home antiviral pill for COVID-19 treatment

The U.S. FDA (Food and Drug Administration) has reportedly approved Merck's antiviral oral medicine for the treatment of COVID-19 among high-risk adult patients. The move comes immediately after the FDA gave a nod to similar treatment f....

Apple hires Meta’s public relations head in its augmented reality push

Rumors have it that Apple is working on developing advanced chips for its AR/VR headsets Andrea Schubert was Meta’s Public Relations and Communications Head. Leading tech company Apple Inc. has reportedly recruited Andrea Schuber....

U.S. weapon exports reduce by 21% in 2021 under Biden administration

Military equipment exports from the United States to foreign countries have reportedly dropped by 21% to USD 138 billion in 2021. This significant decline comes after the Biden presidency took a step back from the aggressive arms sales pra....

Radisson Hotels, Sunfuel partner to develop EV charging points in India

U.S.-based hospitality major Radisson Hotels has reportedly joined forces with charging network startup Sunfuel Electric to offer EV charging stations across its properties in India. Gul Panag, the co-founder, and head of Partnerships and ....

California sues Walmart for dumping toxic waste in local landfills

The State of California has sued Walmart Inc. for allegedly dumping hazardous garbage in local landfills, including toxic cleaning supplies, insecticides, and batteries. Attorney General Rob Bonta has filed a charge against the retailer for....

Global M&A activity hits USD 5 trillion in 2021, a 15-year record high

Merger and acquisition (M&A) activities across the globe account for USD 5.63 trillion as of 2021, a 15-year record of 63% and outpacing the USD 4.42 trillion benchmark set back in 2007, according to a Dealogic report. Notably, healthc....

Omicron leaves holiday travel plans uncertain across U.S. and Europe

With rising cases of the Omicron variant, the Netherlands imposed lockdown, with the possibility of more COVID-19 restrictions ahead of the Christmas and New Year vacations looming over several European countries. In the United States, Whi....

Adidas initiates new share buyback program of up to USD 4.54 billion

Sportswear giant Adidas is reportedly planning to initiate a share repurchase of around USD 4.54 billion by the end of 2025 and pay back the majority of cash proceeds from the sale of its U.S. subsidiary Reebok in Q1 2022. The company stat....

Intel to set aside USD 7 billion for a chip-packaging plant in Malaysia

The investment plan is likely to produce around 9,000 jobs in the country. Intel intends to expand its production capacity amidst the worldwide shortage of semiconductors. Intel Corporation is reportedly planning to invest over UDS 7....

Google to lay off employees that do not comply with vaccination reforms

Google has reportedly asked its employees to upload proof of vaccination by January 13th and those who fail to under vaccination compliance could eventually face layoffs. The multinational tech giant had kept the deadline as 3rd December to....