Unproven vaccine? Russian COVID-19 vaccine could open a ‘Pandora’s Box’, says industry body

Russia’s race to allow civilian use of a potential coronavirus vaccine before clinical trials are complete could put people at risk, according to a local association of multinational pharmaceutical companies. The government plans to give a vaccine developed by Moscow’s Gamaleya Institute conditional registration as early as this week. This would open the door for […]

UK job losses hit decade-high, worse seen ahead

London: The number of people in work in Britain has suffered the biggest drop since 2009 and signs are growing that the coronavirus will take a heavier toll on the labour market as the government winds down its huge job-protection scheme. Led by a record plunge in the self-employed, 220,000 fewer people were working in […]

Now hiring: 3,000 wealth planners for HSBC in China

Now hiring: 3,000 wealth planners for HSBC On August 4, 2020, HSBC Holdings Plc has announced it was planning a big boost to its wealth management staff in China in a bid to lift its sagging profits, increasing its presence in the face of mounting political tensions between Beijing and Western governments. In conjunctions with […]

Apple CEO Tim Cook joins Billionaire Club after rise in Apple’s market cap

San Francisco: Apple CEO Tim Cook has for the first time become a billionaire as the Cupertino-based iPhone maker broke all previous records and is now the worlds most valued company at over $1.84 trillion. The net worth of Cook has crossed the $1-billion mark, officially making him a billionaire. Cook, however, still has a […]