Page 1590 - Coronavirus

US allows emergency use of blood plasma treatment for coronavirus patients

The US health watchdog has given emergency authorisation for the use of blood plasma to treat coronavirus patients in the country, saying the benefits of the treatment outweighed any potential risks.

Tourist hotspot Bali to stay closed to foreigners amid Covid-19 pandemic

Bali has been open to local travelers since the end of July, and as many as 2,500 people have been arriving through its airport every day without causing a spike in infections

Unlock rally in hotels, multiplexes and retails stocks may fizzle out

While things have improved, market is ignoring balance sheet shrinkage and likely delay in getting back normalcy, say experts

Covid-19 impact: States stare at Rs 6-trillion fiscal hole, says SBI report

Might have to cut capex by 40%, says report

Healthcare industry expects medical tourists to return to India soon

Industry and govt working on SOPs to ensure safe passage and procedure

We've grown 2-3 times faster than India's GDP: Honeywell India chief

In a Q&A, Akshay Bellare, the president of Honeywell India, says Covid-19 has come as an opportunity and that he expects double-digit growth in the country over the next five years

Festive strategy: Digital shoppers in focus as firms eye sales turnaround

Covid-19 has changed the way companies sell and people shop. The first of a three-part series looks at firms' changing strategies as festive season kicks off

EssiLux loses Dutch court case against takeover target GrandVision

The court said: "The disclosure of large volumes of corporate information that EssilorLuxottica demands without specific grounds can be characterised as a fishing expedition"

Coronavirus most prevalent among those aged between 5 and 17: Sero survey

Indian Council of Medical Research data suggests that people aged between 21 and 50 account for 61.31 per cent of the Covid-19 cases recorded in India till August 21

HDFC Bank bad loan ratio may widen to decade high, says CEO-designate

The bad-loan ratio might widen to 1.4% to 2%, which will be close to the highest level since the global financial crisis, Sashidhar Jagdishan said in a conference call with analysts on Friday

Zoom says most service restored after US users hit by partial outage

Zoom's stock has risen more than eight-fold since its initial public offering last year and four-fold so far in 2020, but it fell as much as 5.4% in early Monday

Tablighi Jamaat: Delhi court frames charges against 36 foreigners

While framing charges against 36 foreigners, the court said the statements of the witnesses, especially the health officials prima facie, showed that there was no social distancing being followed

Mobile-based trading jumps amid lockdown, makes up 25% of cash market deals

Experts say spike can be attributed to limited availability of dealing room staff

Covid-19 impact: Sirpur Paper Mills temporarily shuts unit in Telangana

"Sirpur Paper Mills has temporarily shut down its operations at Sirpur-Kaghaznagar in Telangana in view of the current market condition consequent to Covid-19 situation," the company said

Oil prices up on storm-hit US output and Covid-19 treatment hopes

Brent crude was up 53 cents, or 1.2%, at $44.88 a barrel by 11:22 a.m. EDT (1522 GMT). U.S. West Texas Intermediate crude rose 28 cents, or 0.7%, to $42.62

Covid-19 impact: Andhra Pradesh govt revises Profession Tax structure

The state government realised Rs 231.68 crore in the form of Profession Tax in 2019-20 and Rs 221.80 crore the previous year

Virgin Atlantic to offer coronavirus insurance cover to customers

Virgin Atlantic, which is set to resume its flight services to London from India from next month under the Air Bubble Agreement, said it would offer COVID-19 insurance cover to all customers.

Brazil's GDP probably crumbled 9.4% in Q2 under coronavirus spread: Poll

Brazil has registered more than 3.6 million cases of the virus since the pandemic began, the world's worst coronavirus outbreak outside the United States.

Moderna concludes advanced talks with EU for Covid-19 vaccine supply

Moderna Inc said on Monday it has concluded advanced exploratory talks with the European Commission to supply 80 million doses of its COVID-19 vaccine candidate.

Covid-19: Packaging industry sees higher volume growth in June-qtr

Packaging firms have witnessed higher volume growth and better earnings in the April-June quarter, helped by a rise in consumption of packed products amid the coronavirus lockdown