Australian banking major Commonwealth Bank announces the sale of majority stake in its investment subsidiary Colonial First State. 55 per cent of the stake in CFS has been sold to KKR, a private equity firm, for $1.7 billion. In a bid to f....

Gilead Sciences, an American biopharmaceutical company, has recently inked non-exclusive licensing pacts with 5 India- and Pakistan-based generic drug-makers. These licensing agreements have been made to increase the supply of remdesivir, G....

South Korea has delayed the process of reopening schools by a week due to the fears of possible 2nd wave of COVID-19 infections. The latest coronavirus cases stem from a new cluster traced to 5 clubs and bars in Itaewon. The number of infe....

Huawei Technologies, a Chinese multinational technology company, has recently applied for a patent on the under-display camera technology. The new patent, which was submitted in April, is titled “Structure, Terminal Equipment, and Ca....

The world has joined forces to develop a vaccine for COVID-19 and companies across the globe are scrambling for the first breakthrough. Since the coronavirus spreads easily and is already weakening the healthcare systems of most nations, a ....

Gilead Sciences, an American biopharmaceutical company, has recently engaged in talks with some leading chemical & pharmaceutical companies in countries including India. The discussion has been held on remdesivir, the company’s pa....

Singapore’s health statutory board, the Health Sciences Authority (HSA) has recently deleted over 1,700 listings of products from local websites that were falsely making COVID-19-related claims. These products included illegal test ki....

Rokid Corporation Ltd., a Chinese start-up, has recently unveiled wearable smart glasses that measure body temperatures, amid the ongoing coronavirus pandemic. The company is known for developing augmented-reality products that have been ad....

UK scientists have developed a new drug for treating coronavirus patients that will be put to trial in the University Hospital at Southampton. UK-based biotech firm, Synairgen has developed this drug which uses the protein called interferon....

Zoom Video Communications Inc., recently announced that it has begun using the cloud computing service of Oracle Corp in order to help manage the increase in the volumes of all the online video calls that the novel COVID-19 has brought in. ....