Regeneron Pharmaceuticals Inc said on Tuesday the U.S. government signed a US$450 million contract with the drugmaker to make and supply its potential double antibody cocktail for COVID-19.
Central bank firepower helped stock market bulls finish the first half of 2020 on a high. Now the rally hinges on follow-through in the third-quarter from economic data, company earnings and the coronavirus newsflow.
Deutsche Bank AG has agreed to pay US$150 million in penalties to settle charges by a New York state regulator that the bank suffered from "significant" compliance failures in its relationships with the late financier Jeffrey Epstein, Danske Bank Estonia and FBME Bank.
Five additional U.S. airlines - Alaska Airlines, Delta Air Lines, JetBlue Airways, United Airlines and Southwest Airlines - have taken steps to seek federal loans amid the novel coronavirus outbreak, the U.S. Department of Treasury said on Tuesday.
Uber Technologies Inc on Tuesday further expanded delivery offerings, launching an app-based grocery service in several Latin American and Canadian cities, with the United States to follow later this month.
United Airlines has warned of booking declines and potential furloughs due to new travel restrictions, the Wall Street Journal reported on Tuesday, citing an internal presentation to the carrier's employees.
Deutsche Telekom on Tuesday denied a report that it had intensified its business relationship with China's Huawei despite security authorities' warnings.
Ericsson is not sourcing products from Panda Electronics Group, one of the companies named by the United States as potentially controlled by the Chinese military, the Swedish telecom gear maker said on Tuesday.
Regeneron Pharmaceuticals Inc said on Tuesday the U.S. government signed a US$450 million contract with the drugmaker to make and supply its potential double antibody cocktail for COVID-19.
Chinese-owned social media platform TikTok announced on Tuesday it would pull out of Hong Kong within days, as global tech giants struggle to figure out how to operate in the city under sweeping new security rules imposed by Beijing.
