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Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Nvidia to take stake in Nokia

Nvidia share price soars 20%.
  • World needs $1bn right now to vaccinate stragglers: WHO chief

    WHO chief Tedros Ghebreyesus also urged wealthy countries to suspend plans to provide booster shots.

    Global efforts to slow the delta variant of Covid-19 have been hampered by its virulent nature

    This has led to hotspots of hospitalizations and deaths in regions with low vaccination levels

  • US sanctions hamper medicine purchase, says Iran

    Iran is currently experiencing its worst wave of new Covid-19 infections, in what is the third wave of the pandemic...

    According to official figures, the seven-day average of new cases in the country was almost 40,000 on Tuesday

    Till date, Iran has seen more than 4.5 million cases of Covid-19 infections, with more than 99,000 deaths so far

  • Probiotics can save corals from effects of climate change

    A new study by King Abdullah University of Science and Technology and the Federal University of Rio de Janeiro shows...

    The scientists created a probiotic using microbes derived from the coral itself, selecting strains with traits deemed likeliest to boost resilience

    Probiotics increased the stability and survivorship in the algae-coral host relationship by more than 40%

  • US to announce Covid vaccine booster campaign

    US officials are considering whether a third dose should be the same type of vaccine as a person's first two

    The move could be announced as early as this week, The New York Times reported

    US officials are considering whether a third dose should be the same type of vaccine as a person's first two

  • Green drive: Middle East bets big on renewables

    To forestall the crippling effects of climate change, Saudi Arabia and the UAE have put on track projects worth billions...

    Saudi Green Initiative aims to plant 10 billion trees in the coming years

    RENA says the MENA region will save 354 million barrels of oil through the deployment of renewables

  • ‘July was world’s hottest month on record’

    The month was 0.02 degrees Fahrenheit higher than the previous record set in July 2016, which was equaled in 2019...

    The month was 0.02 degrees Fahrenheit higher than the previous record set in July 2016, which was equaled in 2019 and 2020

    Asia had its hottest July ever, surpassing 2010, it said, while Europe had its second-hottest July, trailing only 2018

  • 10 die from Covid in Saudi Arabia

    Covid shows no signs of relenting as ten people died in Saudi Arabia on Friday, and 681 were infected with...

    The total number of recoveries in the Kingdom has increased to 520,358

    A total of 8,388 people have succumbed to the virus in the Kingdom so far

  • Private investors set to inject $7.3bn in Saudi health

    Saudi Arabia is aiming to lure private investors into the health sector of the kingdom with its plan to take...

    The Saudi Ministry of Health aspires to increase the private sector’s participation from 25 percent to 35 percent by 2030

    It is seeking to operate medical cities, hospitals and primary care centers

  • Speed up Covid-19 origin studies: WHO

    Locating origins of the pandemic began important for establishing the origins of all future animal-human spillover events, WHO said.

    Locating origins of the pandemic began important for establishing the origins of all future animal-human spillover events, WHO said.

    Advises against blame game or politicizing the pandemic situation.

  • China approves first mixed-vaccine trial as Delta spread

    The trial will test the efficacy of combining an "inactivated" vaccine made by China's Sinovac with a DNA-based one developed...

    The trial will test the efficacy of combining an "inactivated" vaccine made by China's Sinovac with a DNA-based one developed by US pharmaceutical company Inovio

    Preclinical work has found that "two different vaccine applications... produce an even stronger and more balanced immune response"

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