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Industry & Trade
Walmart achieves hiring goal of 150,000 to meet growing demand amid coronavirus
Walmart Inc. said on Friday it had reached its goal of hiring 150,000 people to keep up with growing demand for…
Moderna receives $483 million in U.S. federal funding to speed up coronavirus vaccine…
Drug developer Moderna announced on Friday that it received as much as $483 million in U.S. federal funding to…
Sanofi ready to produce over 600 million coronavirus vaccine doses if proven successful
French drugmaker Sanofi is ready to produce up to 600 million doses of its coronavirus vaccine next year if its…
Investors must be cautious with Gilead’s potential coronavirus drug Remdesivir, analysts…
As a new report by STAT News showed Gilead’s experimental drug Remdesivir as a promising update on the drug’s…
Saudi Arabia’s oil exports to the U.S. more than double in March
Saudi Arabia’s oil exports to the U.S. more than doubled from February to March as oil prices plunged and American…
Japan’s Fujifilm speeding up Avigan drug production to combat coronavirus
Japanese firm, Fujifilm announced on Wednesday that it is accelerating the production of its antiviral drug Avigan,…
Starbucks braces for reopening cafes as U.S. coronavirus conditions allow
Starbucks is preparing to reopen cafes as some U.S. states report that the number of new coronavirus infections has…
Egyptian mogul Samih Sawiris ‘rescues’ a coronavirus-hit German tour operator FTI
Egyptian real estate mogul Samih Sawiris has acquired majority control of FTI Group, rescuing the German tour…
Egypt to settle 1.5 billion pounds in arrears for 1,177 exporters
Egypt plans to settle 1.5 billion Egyptian pounds ($95.2 million) worth of arrears in favour of 1,177 exporters,…
US jobless claims reach 20 mln as economic pain deepens worldwide
US jobless claims Thursday increased more than 20 million in just four weeks, an unprecedented collapse fueling…