BioNTech, which is flush with cash, is expanding its business operations despite falling COVID shot sales.

Germany's BioNTech, which is Pfizer's partner on COVID-19 vaccines, announced on Monday that its net income for the first quarter had plummeted due to decreasing demand for the shots as the company broadens its work on cancer and other diseases.

BioNTech, which stated at the end...

After a surprising cut by OPEC and allies, European markets end the day lower, while oil and gas stocks rise by 4 percent.

Monday's slight decline across Europe's stock markets came as investors focused on the oil market in the wake of a surprise production cut by the OPEC+ alliance.

After being flat for most of the afternoon, the pan-European Stoxx 600 index ended up 0.1%.

Brent crude fut...

A Midwest alliance is banking on federal financing to build a regional hydrogen hub.

Illinois business leaders and researchers hope to harness hundreds of millions of dollars in federal funds to create a thriving "hydrogen economy." The goal entails separating hydrogen from water using the state's abundant nuclear power and renewable energy, and then using the resul...

During discussions of a Middle East Air Defense Alliance, the UAE and Saudi Arabia seek more American interceptor missiles

To restock their arsenals, the Kingdom of Saudi Arabia and the United Arab Emirates (UAE) have asked American defence companies to sell them significant numbers of interceptor missiles. The two requests coincide with growing discussion in recent months regarding the so-called Middle East Air Defe...

Chemical Lotte Likely to Take Part in the Blue Hydrogen Alliance Headed by Aramco

Lotte Chemical is anticipated to take part in a worldwide alliance for blue hydrogen and ammonia proposed by Saudi Aramco, the largest energy corporation in the world.

Recently, the corporation and Saudi Aramco began discussions about working together in the ammonia and blue hydrogen in...

Thailand announces the Thailand 5G Alliance's official debut

At the Thailand 5G Summit 2022, the Digital Economy Promotion Agency (DEPA) of Thailand announced the formation of the Thailand 5G Alliance with the backing of Thai Prime Minister H.E. General Prayut Chan-o-cha.

The GSMA APAC 5G Industry Community, Huawei, DEPA, the Ministry of Digital ...

First Health Alliance Of Australia

To promote the health of Aboriginal and Torres Strait Islander peoples, the Research Alliance for Urban Goori Health will bring together a research organization, a health service, and a primary health care provider. Cancer care, rehabilitation programs, and novel modes of treatment, such as hospi...

Singapore Signs Free Trade Agreement with Pacific Alliance

Last week, Singapore joined the Pacific Alliance and formed the Pacific Alliance-Singapore Free Trade Agreement in an attempt to strengthen the economic integration between the involved countries.

Pacific Alliance is basically a trade pact signed between 4 Latin American countries and w...

EV Metals Group Announces Australian Lithium Alliance

The EV Metals Group has launched the Australian Lithium Alliance which is a strategic initiative to collaborate with Australian companies to boost the exploration, mining, production, and development of lithium minerals.

The initiative will be put into action by the Australian Lithium A...

Russian Navy tracking US Naval vessel in Black Sea

In between growing tensions because of the NATO activities near Russia's borders, the Russian navy has now started tracking a U.S. naval command vessel in the Black Sea.

Highlights

• Russian navy is tracking a U.S. naval command vessel
• The...

NATO expels 8 members from Russian mission to alliance: calls them Intelligence Officers

Highlights

• NATO expels eight members of Russia's mission
• Russian foreign ministry has not yet commented on this

Eight members of Russia's mission have been expelled by NATO. These members were undeclared Russian intelligence ...

Australia, Britain and the US announce their trilateral alliance

Highlights

• The three countries have announced their trilateral security alliance
• The main aim of the alliance is to maintain stability and security in the Indo-Pacific region

Australia, Britain and the US have announced a new trilate...

Lupin and TB Alliance announce their collaboration

Highlights

• On Monday, Lupin and TB Alliance announced their partnership
• Lupin will help in distributing these drugs to more than 140 countries

On Monday, Lupin one of the leading multinational pharmaceutical company, said that TB All...

NTPC grabs projects in Cuba to setup Solar plants

National Thermal Power Corporation Limited (NTPC) has gained contracts for setting up solar plants in Cuba. The NTPC has rafted these projects from the International Solar Alliance (ISA) in Cuba.

In these projects the NTPC will help set up solar power plants in Niger, Cuba and Malawi. T...

UK’S SFO INVESTIGATING GFG ALLIANCE LED BY SANJEEV GUPTA

Highlights:

• The Serious Fraud Office or SFO of UK said that, it has been investigating the GFG Alliance led by Sanjeev Gupta
• The SFO said that, its investigation is covering the financial arrangement of the company with the Greensill Capital UK Ltd

PRESIDENT JOE BIDEN SAYS ‘AMERICA IS BACK, THE TRANSATLANTIC ALLIANCE IS BACK'

Highlights

• The 46th President of the United States, Joe Biden declared that “America is back, the transatlantic alliance is back.”

• The US President said that he would require close cooperation between the United States and its Western allies

WHO FRONTED COVID-19 TEAM VISIT WUHAN VIRUS LAB IN QUEST FOR VITAL LINKS

• A team of sleuths working on behalf of the World Health Organization made do with a visit on Wednesday to a major virus research laboratory in China’s central city of Wuhan, in its eternal search for clues to the origins of the Covid-19 pandemic.
• The experts spent nearly ...

S. KOREA SUGGESTS MONITORING MARKET VOLATILITY OVER GAMESTOP CASE

Highlights –

• S. Korea suggests monitoring market volatility over GameStop case.
• Retail investors recently snapped up shares of U.S video game vendor GamseStop.
• The buying spree is said to have incurred heavy losses for hedge funds.

THAI GOVERNMENT SAYS FOUR DAYS SUFFICIENT FOR CENSURE QUESTIONING

HIGHLIGHTS

• The alliance government has proposed four days just for an arranged debate and approached the resistance to raise their central issues from the key point in their procedures

Wirach Ratanasate, chief government whip and an MP for the ...

KIAF REPORTS EXPORTS OF KEY INDUSTRIES LIKELY TO GROW BY 12% IN 2021

Highlights –

• KIAF reports exports of key industries likely to grow by nearly 12% in 2021.
• KIAF projected overseas shipments of chips, automobiles, and nine other major business sectors.
• The output of auto-industry is estimated to incr...