Merck plans large outpatient trial of COVID-19 pill, stops study in hospitalized patients
(Reuters) – Merck & Co Inc on Thursday said it plans a large study of what could become the first pill to target the coronavirus in people at risk of severe COVID-19, but will no longer pursue use of the experimental antiviral drug in hospitalized patients.
Indian hospitals battle ‘chaotic’ surge as daily virus infections cross 200,000
NEW DELHI/BENGALURU (Reuters) – Many Indians scrambled on Thursday to secure beds in hospitals for relatives stricken with coronavirus as infections surged to a daily record, overwhelming medical facilities and drying up oxygen supplies.
PepsiCo bets on higher soda sales as restaurants reopen
(Reuters) -PepsiCo Inc said on Thursday it expects organic revenue growth to pick up pace in the second quarter, betting on higher soda sales from restaurants that are gradually reopening following the speedy rollout of coronavirus vaccines. A pandemic winner, the company has been benefiting from homebound consumers stocking up their pantries with salty chips, […]
Cathie Wood’s Ark buys into Coinbase, sells a bit of Tesla
LONDON (Reuters) – Cathie Wood’s Ark funds bought $246 million worth of Coinbase shares on the cryptocurrency exchange’s Nasdaq debut on Wednesday and sold some Tesla shares, according to their daily fund trading summary.
Sustainable-bond issuance reaches record high in first quarter
LONDON (Reuters) -Sustainable-bond issuance surged to a record high in the first quarter as more countries and companies looked to tap growing demand from investors across the globe.
BlackRock quarterly profit jumps as assets rise over $9 trillion
(Reuters) – BlackRock Inc, the world’s largest asset manager, reported a 16% jump in first-quarter profit on Thursday as investors poured more money into its diverse funds and fee revenue jumped. The company’s net income rose to $1.2 billion, or $7.77 per share, in the three months ended March 31, from $1.03 billion, or $6.60 […]
Big business seeks unified, market-based approaches ahead of climate summit
(Reuters) – Corporate executives and investors say they want world leaders at next week’s climate summit to embrace a unified and market-based approach to slashing their carbon emissions.
China has a grand carbon neutrality target but where is the plan?
China’s new long-term targets, to reach peak emissions before 2030 and achieve carbon neutrality by 2060, are yet to be matched with a consistent short-term action plan.
A $9 million boss? UniCredit investors to decide how much Orcel is worth
MILAN (Reuters) – Investors are due to approve Andrea Orcel’s appointment as chief executive of UniCredit on Thursday, but the issue that scuppered his first attempt to run a major bank is overshadowing his second: pay.
Word up! Scrabble marks UK lockdown easing with light show
LONDON (Reuters) – Some of Britain’s favourite words were projected onto buildings around London to mark the easing of lockdown restrictions and National Scrabble Day on Tuesday. Words like “freedom”, “hope”, “family” and “beer” to represent the mood of the nation were beamed in the style of the game’s letter tiles onto a pub, shops […]
