Djokovic likely to miss duo of US tennis competitions over Covid-19 rules January 4, 2023 Former world No1 tennis star Novak Djokovic is set to miss the Miami Open and Indian Wells in the United States this year due to changes in the country’s Covid-19 vaccination requirements. The United States have extended its requirement for visitors to prove they’re vaccinated against Covid-19 until 10 April and the Serbian has previously [...]
Novavax dials back revenue expectations despite Covid-19 jab success November 9, 2022 Novavax, an American biotech firm, has dialled back its revenue expectations, despite roaring success from its Covid-19 vaccine. In a statement last night, the company announced that it now forecasts full year revenue to be on the low end of its previously forecast range of between $2bn (£1.7bn) and $2.3bn (£2bn). The company, which was [...]
Covid-19 inquiry: Flu-based pandemic prep meant herd immunity was seen as ‘inevitable’, says Hunt June 21, 2023 Chancellor Jeremy Hunt has said the focus on any future pandemic being flu-based meant there was a “shared assumption herd immunity was inevitably” going to be the strategy used to contain a new virus. He admitted being part of “groupthink” when he was health secretary, leading to a “narrowness of thinking” that failed to expand [...]
Inflation surge reshapes Brits’ spending, but so does end of Covid-19 curbs December 30, 2022 Inflation reaching a 41-year high. Interest rates back to 2008 levels. Mortgage costs up substantially. It’s been a tough year for the Great British consumer. Income growth has failed to keep pace with what was a 11.1 per cent cost of living peak, meaning households have been forced to cut back to protect their finances. [...]
Wages jump at fastest pace outside of Covid-19 but inflation erodes finances for 18th straight month June 13, 2023 Workers in Britain have pocketed the largest pay increases on record outside of the Covid-19 pandemic, but inflation is still sharply eroding their finances, official figures out today reveals. Numbers from the Office for National Statistics (ONS) showed the average worker in the UK received a 7.2 per cent wage increase in the three months [...]
One Chinese province faces a MILLION new Covid-19 cases every day December 25, 2022 China’s Zhejiang, a big industrial province near Shanghai, is battling around a million new daily COVID-19 infections, a number expected to double in the days ahead, the provincial government said on Sunday. Despite a record surge of cases nationwide, China reported no COVID deaths on the mainland for the five days through Saturday, the Chinese [...]
Pfizer begins early-stage study on Covid-19 and flu combo vaccine November 3, 2022 Pharmaceutical giant Pfizer has begun an early-stage study of a combined vaccine tackling Covid-19 and the flu. The first patient in the phase one study was given a dose of the vaccine this week. The study will see 180 people aged between 18 and 64 recruited in the US to look at the jab’s safety [...]
Trainline’s earnings triple as rail sector continues recovery from Covid-19 November 3, 2022 Ticket seller Trainline today said its earnings are up three-fold compared to 2021 amid the rail industry’s recovery from Covid-19. The online coach and train ticket seller said its revenues had increased more than two times over to £2.16bn, in an uptick that saw its adjusted earnings triple to £45m. The London headquartered company generated [...]
Drop in Covid-19 vaccine demand swings Oxford Biomedica to a loss September 15, 2022 A drop in Covid-19 vaccine demand and manufacturing has swung British biotech firm Oxford Biomedica to a revenue loss in the half of the year. The London-listed firm, which worked with AstraZeneca’s to produce its Covid-19 vaccine, has revenue slip more than 20 per cent to £64m in the six moths to 30 June, down [...]
JP Morgan raises China growth forecasts as country braces for Covid-19 spike December 15, 2022 JP Morgan has hiked its growth forecasts for China, after the sudden removal of its ‘zero-Covid’ laws paves the way for a brighter economy. The US bank now expects China’s gross domestic product (GDP) to grow by 30 basis points to 4.3 per cent next year. “The most important development in the past month is [...]