Bavarian Nordic reworks yearly outlook after monkeypox vaccine deals

The biotechnology firm is in advanced deliberations with various countries to mitigate the recent spike in monkeypox cases. Even the EU was found to be in talks with Bavarian Nordic for a potential vaccine supply deal. Bavarian No....

Stellantis, Toyota to include commercial vans in existing partnership

The new large-size commercial vans are planned for mid-2024 and mark Toyota’s first entry in this segment. Paris-listed shares of Stellantis surged by 1.6% following the development. Stellantis N.V. is reportedly planning on....

Norwegian Air orders for 50 Being 737 Max, with added 30 in pipeline

Norwegian Air Shuttle ASA, Norway's largest low-cost airline, has reportedly placed orders with The Boeing Company for 50 Boeing 737 MAX 8 planes and secured options for 30 more planes, the prices of which have not yet been revealed. ....

Experts call for more action from WHO, authorities amid monkeypox spike

Several prominent infectious disease experts are calling for more action from the World Health Organization as well as governments for quick intervention to prevent monkeypox from spreading more. The group is requesting worldwide authori....

Roche launches three test kits to detect monkeypox amid rising cases

The WHO claims over 200 cases of the monkeypox virus have been detected in North America and Europe. Spain is reportedly planning on acquiring the monkeypox vaccine, as the number of cases in the country rose to 55. Roche Holding ....

Hyundai issues a 281,000 vehicle recall over a possible exploding part

In North America, Hyundai Motor Company is recalling about 281,000 vehicles over concerns that the seatbelt pretensioners could explode accidentally, project metal fragments, and eventually cause injuries. For those unaware, the seatbelt....

Serum Institute to establish its first manufacturing facility in Africa

One of the leading vaccine producers Serum Institute of India is planning to establish its first manufacturing unit in Africa as it tries to double down on its success after selling COVID-19 vaccines across the globe, according to CEO Adar ....

BMW exploring energy investments to reduce its reliance on natural gas

BMW is reportedly exploring new investments in geothermal, solar, and hydrogen energy to reduce its dependence on natural gas, according to Milan Nedeljkovic, the company's Production Chief who signaled that a Russian gas embargo might ....

World Health Organization expects monkeypox cases to surge globally

The World Health Organization (WHO) expects to see more monkeypox cases as it expands surveillance in places where the disease is relatively uncommon. The UN agency recently revealed that the first European case of monkeypox was confirme....

Walmart's first-quarter profit hit by surging fuel and labor cost

Walmart Inc. reported lower-than-expected earnings which sent its shares down by more than 8%. The company claims that its profits were predominately hampered by inflation, especially the surging fuel and labor costs.  Like other re....

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