Newsletter
Pfizer and BioNTech are applying to the US regulator for approval of a variant-specific vaccine
Pfizer and BioNTech have filed with US regulators for an emergency use authorization for a Covid-19 vaccine specifically tailored for the predominant strain of the Omicron variant coronavirus, ahead of a nationwide booster program planned for the fall.
Amazon is expanding its revenue streams
Amazon last week told third-party sellers who use its shipping services that it will introduce a "Holiday Peak Fulfillment Fee" from October 15 through January 14. The new fee is expected to increase the cost for sellers in the US and Canada by an average of …
IMF: Middle East countries can look forward to $1.3 billion in oil money
According to the IMF, the energy-rich countries of the Middle East will earn up to $1.3 billion in additional oil revenues over the next four years, a windfall that will add to the firepower of the region's sovereign wealth funds at a time when global asset …
Gas tax will burden German households with several hundred euros more per year
Annual gas bills for German households will rise by several hundred euros as a result of the energy crisis, according to data released on Monday, but the government has promised to cushion the shock to low-income earners. From October 1, importers will be able …
US fossil fuel industry wants to get involved in hydrogen production
In the months leading up to the historic US climate bill, Jim Justice, the billionaire coal magnate and West Virginia governor who believes in divine intervention as a solution to climate change, became a hydrogen advocate. The unlikely advocate of a …
Domino's is closing stores in Italy
Domino's Pizza has closed its Italian branches after seven years after the US brand failed to win over customers in the country where pizza was born.
US oil producers resist calls for more oil production
America's biggest oil and gas producers are keeping supply under wraps and defying calls from the Biden administration to increase production, even as soaring fuel prices from the Russian war in Ukraine are fueling hefty profits.
China threatens major military exercises around Taiwan over Pelosi's visit
China has threatened to hold major military drills around Taiwan this week. It was in irritation that US House Speaker Nancy Pelosi is the most prominent American representative to visit the island in a quarter century. Shortly after Pelosi landed in Taipei …
DeepMind research cracks the structure of almost every known protein
Artificial intelligence has pushed the boundaries of scientific knowledge by being able to predict the shape of almost every known protein - a breakthrough that will significantly reduce the time it takes for biological discoveries.
Facebook parent company Meta reports decline in revenue
Meta has blamed macroeconomic pressures for its first quarterly year-over-year revenue decline, giving investors a gloomy outlook for the coming months as advertisers scale back spending. Meta, formerly known as Facebook, said Wednesday that its revenue for …