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Jack Ma quits SoftBank’s board as its Vision Fund posts a record $18 billion loss
Alibaba founder Jack Ma is stepping down from the board of SoftBank after the company’s Vision Fund posted…
Sorrento Therapeutics stakes skyrockets 244% after coronavirus antibody claims
Sorrento Therapeutics skyrocketed as much as 244% on Friday after the company said an antibody it was developing…
Moody’s cuts sales forecast for global automakers again
Global auto unit sales are predicted to fall 20% this year, widening from an earlier forecast of a 14% drop,…
Egypt to apply the new income tax system in July – minister
Egypt will bring into effect its new income tax system by the beginning of the financial year 2020/2021, which will…
There’s no guarantee that coronavirus vaccine will be effective: Fauci
As drugmakers across the world race to develop a coronavirus vaccine, White House health advisor Dr. Anthony Fauci…
UK expected to stick to coronavirus lockdown, in contrast to other countries
Taking a different tack than most other nations, British Prime Minister Boris Johnson is expected to extend the…
Oil and investment asset price declines will affect Kuwaiti solvency
The decline in oil prices and the value of investment assets since the start of the coronavirus outbreak will have…
Anti-malaria drug hydroxychloroquine touted by Trump fails to help coronavirus patients;…
Researchers at New England Journal of Medicine said in a new study published on Thursday that coronavirus patients…
Brazil coronavirus cases spike
Brazil on Wednesday reported at least 10,503 new coronavirus cases and 615 deaths in the past 24 hours, according…
WHO to talk with U.S., Gilead to make coronavirus potential drug remdesivir more widely…
The World Health Organisation (WHO) is planning to speak with the U.S. government and biotech firm Gilead Sciences …