Due to the COVID-19 pandemic, millions of people are consistently following the lockdown, which has resulted in the increased streaming media use. Every viewer’s hunger for content has peaked during the COVID-19 pandemic, therefore, the media industry is to foresee the lasting effects the crisis may have on OTT consumption. While being almost trapped at […]
Category Archives: Business
The constant environmental depletion has made renewable sources of energy as the immediate need of the hour. The renewable industry is one of the most opportunistic industries all over the globe as it was growing with a significant growth rate from the last decade. However, the epidemic caused due to COVID-19 seems to brutally affect […]
Travel & tourism are the strong contributors of a nation’s GDP as it comprises multi facet substructures which get diversely impacted due to travel & tourism growth. Broadly speaking, travel & tourism, aviation, hospitality, lodging, recreation and may others, are all interconnected and witness a similar impact due to the external dynamics. Now, these dynamics, […]
Talking about the factors affecting the global aviation industry, they are driven by the growing disposable income, availability of leisure time, intense airline competition, healthy corporate travel demand, and an increase in the number of international events and festivals. The strong revenue generation by the industry vertical, rising global consumer purchasing power, and technological advancements […]
People around the world are separated from each other. All countries are stagnant. From the global economy to the household budget, the impact of the coronavirus epidemic is as devastating as it is widespread all over the world. The global entertainment industry, in general, is driven by the growing digitalization and access to online media […]
The current scenario has suddenly become too challenging that every single facet is bound to bear the repercussions of COVID-19 pandemic. However, it also equally true that the community’s safety has reached to an extremely accessible point where it does not demand much, but just the consistently practicing of social distancing. And the supporting role […]
The COVID-19 originates from China and then spread to high-income countries such as Italy, Iran, UAE, the US. Now, it has spread all across the globe including low-income developing countries of South Asia, Africa, and Latin America, where the supply chain of food was already weak. As per the United Nations, there were 820 million […]
Hospitals in areas where coronavirus patients are proliferating seem to struggle to maintaining the supply of antibiotics, antivirals and sedatives and other drugs produced in the countries where pandemic has either ceased or reduced their manufacturing. Unnoticed by the general public, with a focus on the lack of personal protective equipment or the PPE and […]
In 2016, Dartmouth Ph.D. candidate Daniel Wrapp began working with llama antibodies to study two coronaviruses: SARS-CoV-1 and MERS-CoV. It was basic research for the McLellan Lab, which focuses on the proteins behind bacteria, fungi, parasites and viruses. Little did Wrapp know then that his basic research would have translational implications a lot sooner than expected. […]
The researchers at Tel Aviv University (TAU) have developed an exact and safe 3D imaging technique to identify the sperm cells that move at a high speed. This research study was guided by Natan Shaked of the Department of Biomedical Engineering at TAU’s Faculty of Engineering together with TAU doctoral student Gili Dardikman-Yoffe and was […]
Talking about the diagnosis of the diseases or analyzing their effects on human body, CT or the computerized tomography scan is considered as one of the most promising medical tests. Keeping in mind the current scenario driven by COVID-19 pandemic, its role in examining the virus impact on the lungs has become more crucial. UOC […]
Back in the year 2017, the aircraft manufacturing giant, Airbus entered into a partnership agreement with a Silicon Valley startup, named Koniku Inc. The partnership was mainly aimed to develop an “electronic nose” that could detect explosives in airports and on aircraft. In light of the current COVID-19 pandemic, however, Airbus said that it is […]
Nordic countries include Norway, Denmark, Sweden, Finland, and Iceland has a significant share in oil and gas and renewable energy industry. In 2018, Sweden has a significant share of 54.6% in the EU renewable energy sector. The country has a rich supply of biomass and moving water, which support its high share in the EU […]
Norway is among the top 7 exporters of crude oil across the globe. In 2018, the oil and gas industry contributes nearly 62% of Norway exports and 18% of the Norway GDP. The country is the most essential source of natural gas in Western European countries. In 2018, Norwegian gas held nearly 31% of EU […]
Italy is among the major countries with a considerable number of coronavirus incidences. As per the Worldometer, on 27th April 2020, Italy ranked third in the total cases of COVID-19 globally. It was 199,414 with 26,977 mortalities. On 27th April 2020, the number of new incidences reported in the country was 1,739 and 333 mortalities. […]
The shortage of ventilators has been reported in India due to the surging cases of COVID-19 in the country. As per the Worldometer, on 27th April 2020, the number of new incidences of coronavirus was 1,561 and 58 mortalities. The rising number of cases has created a burden on India’s healthcare system to meet the […]
UK government has been significantly working to strengthen the ventilators production in the light of the coronavirus epidemic in the country. As per the Worldometer, Italy ranked sixth in the total cases of coronavirus across the globe with 157,149 by 27th April 2020. As a result, the government has been taking steps to accelerate the […]
As the US is facing a significant problem to manage the COVID-19 crisis, the demand for ventilators has emerged in the country. As per the Worldometer, on 27th April 2020, the new incidences of COVID-19 were 23,196 and 1,384 deaths reported. This growing number of coronavirus incidences has a significant impact on the US healthcare […]
Emerging preference for online mobile games has led to the growth of the global online gaming industry games. The online mobile games enable to offer a better experience of gaming to touch screen devices such as a tablet, smartphone, personal digital assistants (PDAs), portable media player and other such devices. Snake game was the first version […]
Growth in end-use industries, including automobile, construction, oil and gas, chemical, and medical equipment, has primarily led the adoption of metal products including ferrous and non-ferrous metals. Ferrous metals comprise carbon steel, alloy steel, wrought iron, and cast iron. These metals have better durability and tensile strength. Carbon Steel is used in the construction industry […]
Switzerland machinery industry is the most competitive in the world, particularly in the field of textile and printing industries. In 2015, the country was among the ten largest machinery exporters across the globe. As per the FDFA Communication, in 2015, more than 2,500 companies were working in machinery industry, which consists of major players including […]
Renewable energy is a major contributing sector to the growth of Sweden economy. As per the Eurostat, Sweden held the largest share of 54.6% in the EU renewable energy, followed by Finland (41.2%) and Latvia (40.3%) in 2018. Apart from their extensive utilization of hydropower, the forestry resources have made the countrywith potential share in […]
Coronavirus fears continue to spike across the globe, leaving its traits on every nation. The countries in Latin America have been hit hard by the COVID-19; however, later than several other countries, including the US and the European countries. Therefore, Latin America has a chance to work on immediate actions and level the curve of […]
Italy was among the major countries with considerable value in the EU-28 industrial output in 2018. The country held approximately $2.1 trillion, which represented 2.4% of the world’s GDP in 2018. Iron and steel, food processing, textile, and automobile are some crucial manufacturing industries in the country. However, these industries have been facing a significant […]
Middle East countries such as the United Arab Emirates (UAE), Saudi Arabia, Iraq, and Kuwait majorly depend on oil prices for most of the government spending as well as social programs. The recent collapse of oil prices stirred by the COVID-19 pandemic is expected to contract the region’s economies this year as per by International […]
The growth in passenger traffic due to the availability of low-cost airlines has led to the growth of the aviation sector in the US. As per the estimation by the Bureau of Transportation Statistics (BTS), in 2019, the US airlines carried 925.5 million passengers, which is the highest total by comparing the records since 2003. […]
The recent spread of COVID-19 has disrupted lives, livelihoods, communities, and businesses across the globe. In this Covid-19 pandemic, the North American cosmetic industry was impacted severely as well. The cosmetic industry consists of domains such as fragrances, hair care, makeup, skincare , and toiletries products. Almost all of these segments are affected by the […]
The outbreak of the COVID-19 pandemic has made the Chinese chemical industry under strain owing to the increased infection rate, city shutdowns, and transportation halts across the nation. China is the main supplier of different chemicals such as plastic, fertilizers, medicines and so on for the formation of finished products and so-called intermediate products used […]
As the COVID-19 outbreak spread, a severe decline in demand across all entities has been observed. The aviation industry is one of the most impacted industries during this lockdown because of the Covid-19 pandemic. The airline industry is very crucial for the North American country’s economy and the recent ban on a domestic and international […]
The market share of the US oil industry is experiencing a steep downfall amid the outbreak of COVID-19 pandemic. The spread of the virus has imparted threatening impact on the global economy thus the demand of oil in different industries has experiencing a sharp decline which in turn has lower down the cost of the […]
The automobile sector has led to the growth of the EU economy. As per the Society of Motor Manufacturers & Traders (SMMT), the UK automotive industry is a crucial part of the country’s economy that valued over $104 billion turnover and adding nearly $23.7 billion value to the UK economy. The industry accounts for 14.4% […]
The food processing industry is one of the major contributors to the growth of the Turkey economy. As per the Turkish Statistical Institute, the food processing industry accounted for 16% of all industrial production in the country. The sector consists of 595 beverages producing and 47,617 food processing companies in 2017. Processing and preserving of […]
The European economy is primarily driven by the chemical and food and beverage industry. The large trade surplus for food and beverage and chemical products were reported over the years. For instance, as per the Eurostat, during the period, 2014 and 2019, the extra EU-27 exports for chemicals and food and beverage represented a growth […]
The plastic industry has been a significant contributor to building several nations’ economies. Rising demand for plastics in various applications including construction, automotive, and electrical and electronics industries is fueling the market growth. Moreover, the expansion of the construction industry across emerging economies such as Brazil, China, India, and Mexico is also addressing a substantial […]
The global fertilizer industry has been registering a steady growth rate in recent years. The market growth is primarily dependent on the extensive demand for fertilizers by farmers especially in the emerging economies across the globe such as China, India, Indonesia, Brazil, and several others. Moreover, breakthrough innovations coupled with the surging demand for bio-based […]
The increased pool of young-adult population, growing disposable income around the globe, and new product launches are some of the key pivotal factors that are positively impacting the growth of the global alcoholic beverage market. In May 2018, Ketel One launched its new Ketel One Botanical; a first of its kind vodka distilled with real […]
The VR market is mainly driven by the enhanced features of the technology, it has improved the performance of 3D multimedia. Increasing adoption of VR technology in various sectors such as training and education, automotive, healthcare, entertainment, and live events, is successfully implementing positive impacts on market growth. Moreover, increasing the smartphone consumer base & […]
The global steel industry is expected to grow at a modest rate over the forecast period 2019-2025. Pivotal factors that augment the market growth include rising demand for steel in various end-use industries including construction, automotive, aviation and marine, and yellow goods and mining equipment. Data published by the World Steel Association reflect that the […]
The global online gambling industry has been backed by several factors including high internet penetration coupled with the increasing use of mobile phones. Moreover, ease of access to online gambling, legalization & cultural approval, corporate sponsorships, and celebrity endorsements are further fueling the growth of the market. Apart from this, the growing availability of cost-effective […]
The global milk production expanded at a substantial rate especially in India, Turkey, the European Union, Pakistan, the US, and Argentina in 2018, which was partially offset by a decline in milk production output in China and Ukraine. Growing population, higher income levels, rising health consciousness, and new product launches are primarily attributing the increasing […]
Every industry is surely going to get impacted with the outrun of coronavirus (COVID-19). The Every industry is surely going to get impacted by the outrun of coronavirus (COVID-19). The electronics industry, aviation industry, manufacturing industry, and others will get impacted by the setbacks from the coronavirus. Consulting is certainly not immune to such changes, […]
COVID-19 pandemic has spread in over 200 countries including the US and EU region which in turn is decline the market share of chemical industry. The spread of the COVID-19 pandemic has disrupted the global economy and severely jolted the developed and emerging economies. The outbreak of the COVID-19 has made the chemical industry under […]
Electronics industry holds a significant market share in the global trade. The outbreak of the COVID-19 has made the electronics industry under pressure owing to the logistics slowdown, city shutdowns, and unavailability of the workforce across the globe. China is the main center of the electronics industry’s supply chain, with the presence of organizations including […]
A significant rise in the demand for electric vehicles (EVs) were reported globally owing to the stringent environmental regulations. In April 2015, the European Commission had voted to implement ‘real world’ Nitrogen dioxide and nitric oxide (NOx) emissions testing procedures in the automobile industry. This has shifted the focus of automobile manufacturers towards pollution reduction […]
COVID-19 is disrupting the global economy and sternly impacting the health and lives of the people. The major economies that drive the global economy, such as the US, China, and UK,are under the fist of COVID-19. These economies have been driving the industrial sector growth since a long time; therefore, the effect of this pandemic […]
Coronavirus (COVID-19) has plunged the world’s economy into pieces, with which the countries may step into a global recession. Manufacturing sector to aviation and hospitality sector, everything has been impacted by this pandemic disease. However, there are few sectors that might excel in this crisis, including the online tutoring industry, video conferencing industry, and healthcare […]
Growth in transportation industry including airlines, road vehicles, and maritime are among the major users of fuel oil. As per the International Air Transport Association (IATA), the fuel bill of the global airline industry was anticipated to have valued nearly $188 billion in 2019 which accounted for nearly 23.7% of operating expenditures at an average […]
The world is facing an unprecedented crisis. The outbreak of one of the worst diseases in history, coronavirus (COVID-19) has taken place – affecting 195 countries and territories, three million people and more than 207,900 deaths till April 27, 2020. India has over 28,300 people and 866 mortalities registered for COVID-19 till date. India is […]
The outbreak of coronavirus (COVID-19) has affected almost every industry, either positively or negatively. This major healthcare concern has put a serious impact on the healthcare sector, including the personal hygiene industry, healthcare equipment, and pharmaceutical industry. As COVID-19 targets lungs and certainly cause complications such as acute respiratory distress syndrome and pneumonia; therefore, the […]
The number of people testing positive for COVID-19 in Australia is ramping up, which has a large impact on the Australian market. Despite relatively low deaths so far, the number of cases is likely to increase considerably over the next few weeks as emergency services become more strained. As preventive measures, the government has locked […]
The metal industry is one of the major industries that is encouraging the growth of the global manufacturing industry. The World Steel Association has estimated in April 2019 that the global steel demand will reach 1,735 million tons in 2019, which represents an increase of 1.3% from 2018. China has the largest share in the […]
AS most of the peoples are advised to stay at home to prevent the spread of the COVID-19, therefore, impact the use of cabs and taxis across the globe further affected the ride sharing market. As per the latest data by the WHO on 25thApril 2020, the Coronavirus cases are accounted for nearly 2.6 million […]
It is expected that COVID-19, social distancing and staying home will boost the e-commerce industry growth. However, it is also projected that the uncertain consumer demand and supply chain issues further impact the e-commerce industry. As per the latest data by the WHO on 25thApril 2020, the Coronavirus cases are accounted for nearly 2.6 million […]
The contactless payment is being adopted rapidly in retail stores and the BFSI sector as the COVID-19 disease spread across the globe. According to the World Health Organization (WHO), the cash could be a cause to spread COVID-19, the Coronavirus disease, so the contactless payment industry such as smartcards and smart devices are better options […]
The economic uncertainty in France be seen to have grown more abruptly than concerns relating to the level of risk posed by the coronavirus. According to the WHO, France recorded 1,19583 confirmed cases of COVID-19 till April 25, 2020 and 21,823 mortalities due to COVID-19 in the country. The fear regarding businesses and employment have […]
The economic uncertainty in Japan is seen to have grown more abruptly than concerns relating to the level of risk posed by the coronavirus. According to the WHO, Japan recorded 12,388 confirmed cases of COVID-19 till April25, 2020, and 317mortalities due to COVID-19 in the country. Most industries that are impacted due to corona outbreak […]
The hospitality industry was showing significant growth due to the rising purchasing power of consumers across the globe coupled with digital innovations in the industry. Additionally, the stable economy of the developed, as well as emerging economies, also contributed to the growth of the hospitality industry. However, the COVID-19 pandemic since December 2019 has impacted […]
The digital Polymerase Chain Reaction (PCR) market was a highly competitive market due to increasing incidents of target infectious diseases and genetic disorders across the globe. Additionally, continuous technological advancements in digital PCR technology was also contributing to the growth of the digital PCR industry. The digital PCR’s application in analytical laboratories was steadily increasing […]
The spread of COVID-19 has leaded the aviation industry of Europe in a hard struggling situation. The major economies of the European region including Spain, Italy, and Germany have witnessed more than 100,000 cases and as per trend, France will also reach this mark soon. With the spread of COVID-19 pandemic, the air travel of […]
The COVID-19 pandemic spread has made a threatening impact on the construction equipment industry. The wide city lockdown in various countries has resulted into a sudden halt in the building and construction industry all across the globe. With this the demand for new construction equipment including backhoe, loader, excavator, and grader among others got hurtled. […]
The construction industry involves the construction of residential & commercial buildings, industrial construction, and heavy and civil engineering constructions. The construction industry is one of the largest job creators all across the globe. Period from March-June is considered appropriate for high productivity of the construction activities due to halting of construction activities in monsoon season. […]
Aviation industry is the first industry to get a direct threatening impact of the COVID-19 pandemic spread. As the cases increased in China in January, most of the major aviation companies started decreasing their domestic as well as international flights. With this, most of the international carriers cancelled their service in mainland China at least […]
The cruise industry is one of the fastest-growing leisure travel industry across the globe. As per the Cruise Lines International Association (CLIA), the cruise industry valued for $150 billion in 2018. According to the estimation of the organization, the industry tends to exhibit an exponential growth in the number of passengers over the next decade, […]
The cosmetic industry prior to the pandemic was increasingly saturated and the beauty has been proven to be a strong investment category as it provided high margins, recurring purchase patterns, and general resistance to macroeconomic events such as recessions. The industry was also appealing to a broadening audience hence the growth of the industry was […]
The hygiene product industry is experiencing considerable growth in the market since the Covid-19 outbreak in 2019. The use of hygiene products such as soaps, handwash, and sanitizers has surged significantly in recent times. The hygiene products fall under the essential services hence the manufacturing units are working continuously to meet the demand of the […]
India’s economy has already shown a slow down as real GDP decelerates to its lowest in over six years in the third quarter 2019-2021, and the outbreak of COVID-19 has even hit hard to the Indian economy and emerged as a new challenge to grow. The total country lockdown to contain the widespread of coronavirus […]
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The World Economic Forum released a new GDP growth forecast on April 14th, under which it stated that the global GDP will shrink by 3% in 2020 due to the COVID-19 pandemic. Earlier to the pandemic, the WEF has estimated global growth of 3.3% in 2020. The economy shrink is much worse than the 2008-09 […]
Ford Motor Company, one of the big three automotive companies of the US registered a revenue of $156 billion in 2019, which is around 3% lower than in 2018. However, the net income has declined by 98% for the same period from $3.67 billion in 2018 to just $47 million in 2019. The company registered […]
MAINZ, Germany & BioNTech and Pfizer Inc. on April 9, 2020, disclosed additional details of their collaboration for advancing the candidates from mRNA vaccine program of BioNTech, previously announced on March 17, 2020. This collaboration is aimed at rapidly advancing multiple COVID-19 vaccine candidates into human clinical testing based on the proprietary mRNA vaccine platforms […]
The outbreak of the pandemic has disrupted almost everything, impacting assail ability to the lives of millions of people across the globe. With the rising number of COVID-19 patients across the globe, has increased the demand for Hydroxychloroquine drug. Hydroxychloroquine is a prescribed oral tablet drug. Hydroxychloroquine is a generic version and it is available […]
The COVID-19 pandemic has spread all across the globe. However, the cases of the infected person in Africa are still lower as compared to other corners of the globe. By 11th April, the region has registered around 13,500 cases. South Africa registered the highest cases followed by Egypt, Algeria, and Morocco respectively. The WHO has […]
The outbreak of coronavirus (COVID-19) across the globe has wreaked havoc on the global economy. The outbreak of one of the worst diseases in history, coronavirus has taken place – affecting 210 countries and territories around the world and 2 international conveyances, over 1,714,014 people and more than 103,772 mortalities till April 11th, 2020. There […]
Indore was ranked the cleanest city in the country consecutively for the fourth time in the cleanliness survey of the Central Government. In the last four years the municipal corporation of the city has made sure to eliminate garbage dumps, ensuring 100% household-waste segregation. The city has so far recorded as many as 173 coronavirus […]
The outbreak of the pandemic has disrupted almost everything, impacting assailability to the lives of lacs of people across the globe. With the rising number of COVID-19 patients across the globe, the governments and hospitals of different countries are being overwhelmed with an influx of COVID-19 patients. With the high influx of patients the management […]
The widening outbreak of Coronavirus has added some complications in most sectors including travel and tourism. Due to the outbreak, there’s a sharp fall in the travel and tourism industry, as most of the peoples are canceling and postponing their bookings across the Asia-Pacific region. The Chinese government banned all international group travel to contain […]
After the outbreak of pandemic Coronavirus, COVID-19, industries have been witnessing a sharp downfall. COVID-19 poses a threat to human lives and has infected more than 100,000 people across the globe. Several telecommunication companies such as Verizon Communications Inc., Vodafone Group Plc, Nippon Telegraph & Tel., Deutsche Telekom, Telefónica SA, América Móvil among others are […]
Livestock plays a crucial role in the world’s economy. It involves the controlled breeding and management of animals. Along with the enhancing traits and desirable qualities for farm utility and procuring food for human consumption. Animal husbandry improves genetic traits and behavior of animals which are valuable in terms of food and other products for […]
The PPE’s are the essential element in every sector as it prevents a person from an accident; such as any cut injury or exposure to hazardous chemicals and other substances while working. After the outbreak of pandemic Coronavirus, COVID-19, the PPE industries have been witnessing huge demand. Coronavirus poses a threat to human lives and […]
As the COVID-19 pandemic triggered in Canada, the economic activities started to slow down in the country. By the end of March 2020, the country has registered nearly 9,700 cases and around 130 mortalities due to the pandemic. Even the wife of Canadian Prime Minister tests positive for coronavirus. The government has issued strict social-distancing […]
As the coronavirus has spread out all across the world, Israel is no exception. The country has registered more than 6,800 cases and 36 mortalities due to the dangerous virus. Due to this, on March 30, 2020, the Prime Minister of the country has announced an economic program of $22.3 billion (80 billion shekel) to […]
The landlocked East Alpine country of Eastern Europe, Austria has registered around 11,000 cases and around 160 mortalities due to COVD-19 till the start of April 2020. In the country with a population of around nine million people, the rate of COVID-19 incidence cases is near to 1,200 cases per million people. Only Italy, Spain, […]
The pandemic coronavirus has hit most of the sectors globally and the energy sector is one of them and it affected this sector in multiple ways. First, the pandemic all across the globe has delayed the projects related to the energy sector whether it is a solar farm or a thermal power plant. Moreover, the […]
South Korea is one of the technologically advanced nations and the 12th largest economy by nominal GDP across the globe. The country is a global leader in several technology and innovation-driven fields and is the 5th largest exporter and 8th largest importer globally. Bloomberg Innovation Index named South Korea as the world’s most innovative country […]
The recent outbreak of the deadliest coronavirus (COVID-19) from Wuhan province of China has multiple effects on the various industries, including consumer electronics, across the globe. The epidemic has stapled the global consumer electronics industry from suppressing demand to hitting the production of parts and subsystems. The smartphone segment was expected to witness lucrative growth […]
Amidst the global economic downturn and the China-US trade war, the global automotive industry is looming more than ever before. While the industry has not recovered from these factors, it has hit hard by the recent outbreak of the COVID-19 epidemic across the globe. Economies across the globe are experiencing a perilous trade impact on […]
Total number of confirmed cases of coronavirus in India has crossed the 500-mark New coronavirus cases reported in Madhya Pradesh and Uttar Pradesh Death toll in India mounts to 10 after man from Tamil Nadu dies In an unprecedented move, the Prime Minister Narendra Modi complete lockdown of India for 21 days to fight coronavirus […]
The global spread of coronavirus is continuously making a negative impact on the fashion industry. The outbreak has compelled major brands to shut their stores, cut their operating hours, and even postponed and canceled major fashion events. This has impacted the sales of fashion-based retailers in North America and across the globe. VF Corporation on […]
The automaker company in China, BYD Co. has become the largest producer of the face mask across the globe. The Shenzhen facility of the company in China now produces five million masks every day and is now planning to further expand capacity. The manufacturing plant also produces more than 300,000 bottles of disinfectants a day. […]
A global area of concern, the COVID-19 outbreak has quickly become an international topic of discussion. While the impact of sudden outbreak of the virus on industry such as entertainment, travel, and technology are widely known, lifestyle industries such as fashion is not remained untouched. Fashion events that were scheduled to take place in or […]
Auto Expo 2020, an event, that beholds the great minds coming together on a platform for showcasing the finest products, technologies, concepts, and trends in the automotive world. Auto Expo is jointly organized by ACMA, CII and SIAM. The biggest automobile exhibition, Auto Expo 2020, scheduled from 7th to 12th February 2020, in Greater Noida, […]
Since the outbreak of pandemic Coronavirus/COVID-19, industries have been witnessing a sharp downfall.COVID-19 has infected more than 220,000 people across the globe and poses a threat to human lives.Several entertainment venues such as amusement parks, theatrical productions, sports, live events, and trade shows are canceled or suspended due to the outbreak.Major tourist destinations such as […]
The novel coronavirus has blanketed the world at a very fast rate and has made organizations to take emergency action in the interest of public health all across the globe. SARS-CoV-2, which causes COVID-19, is a virus that majorly affects respiratory illness. As per the US FDA, currently, there are no shreds of evidence of […]
Pfizer and BioNTech will be jointly developing BioNTech’s mRNA-based vaccine candidate BNT162 for preventing COVID-19 infection Collaboration with an aim to accelerate global development of BNT162. They will be leveraging expertise and resources of both companies Builds on 2018 agreement for the development of an mRNA-based influenza vaccine Pfizer Inc., joint hands with BioNTech SE […]
First commercial test for SARS-CoV-2 to meet urgent medical needs Testing on widely available, high-volume Cobas 6800/8800 will significantly increase available testing capacity Roche expedites test development for supporting urgent need for patient testing during pandemic outbreak for avoiding a further spread of the virus at an early stage of infection March 13, 2020- Roche […]
In August 2019, the Indonesian government announced to move its capital from Jakarta to Borneo Island. The present capital of the country is prone to flood due to increasing sea water level. Moreover, it is also vulnerable to volcanos and tsunamis. The new capital has a higher ground level compared to Jakarta and will be […]
Biopharmaceutical firm Biocon is one step closer to commercialize its glargine biosimilar Semglee in the US. Biopharmaceutical giant Biocon announced on March 11, 2020, that it with its partner Mylan won a litigation in a US court that has invalidated a Sanofi patent on a device for delivering insulin glargine. This makes it easy for […]
From the past few months, various speculations have been made about the rift in Congress party about the former union minister totally ignored in forming the MP government. However, Scindia denied all such allegations and kept himself away from the media. From the past few months, it was conspicuous that something bad is going to […]
As the effect of coronavirus increased, the demand for crude oil contracted. It first started in China and outspread in other countries including Japan, South Korea, Italy, and Iran. It caused a huge gap between the supply and demand for crude oil in the international market which in turn, resulted in a downfall in oil […]
Blood bath in Indian equity market continues as Sensex tanked 1,941 points, Nifty 50 fell as much as 4.9 % to trade at 10,451.45 on Monday, 9th March 2020. This is the worst fall in the last five years since 24 August 2015. This is difficult times for the Indian market as restraining factors continue […]