The U.S. Government has announced the distribution list for the remaining 55 million doses of the 80 million coronavirus vaccine doses that President Joe Biden has pledged to supply globally. Approximately 41 million doses will be shared through COVAX, the White House said. 14 million doses have been allocated for Latin America and the Caribbean region that includes Brazil, Argentina, […]

The 2016 Rio Olympics was considered one of the most expensive Summer Games ever. In 2018, they were estimated to have a total cost of $20 billion, far beyond the Rio organizing committee's initial estimate of $2.8 billion. Cities incurring cost overruns when hosting the Olympics is not unique to Rio; according to the Council on Foreign Relations. It says […]

Walgreens, one of the nation’s two largest drugstore chains, plans to give $25 in store credit to anyone who gets their COVID vaccination there in the next several days. The move comes amid a flurry of COVID vaccine incentives nationwide, including giveaways at Walgreens archrival CVS, million-dollar sweepstakes in states like Ohio and free food or drinks from restaurants like […]

These new kids on the block have come up through a mix of entrepreneurial grit and backing from oil industry veterans. India may soon see a new set of oil barons with lesser-known companies venturing into crude oil and natural gas production. These new kids on the block have come up through a mix of entrepreneurial grit and backing from […]

LONDON (Reuters) – The dollar paused for breath on Tuesday as traders looked to testimony from Federal Reserve Chair Jerome Powell for further guidance on the recent surprise shift in the central bank’s policy outlook, while support crept back for cryptocurrencies.FILE PHOTO: Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado […]

Young Americans are less likely to get vaccinated against COVID than their elders, a new Centers for Disease Control and Prevention study showed. By May 22, 2021, 57.0% of adults had received at least one vaccine dose, the study said. But coverage was highest among those 65 and older (80%) while it was lowest among those 18-29 years old (38.3%).  Nearly 25% […]

With rainfall and monsoons becoming highly unpredictable partly due to climate change and partly due to usual changes in weather patterns, it is such innovations by IMD which will help in planning better, reports Sanjeeb Mukherjee. The India meteorological department is starting a new experiment of disseminating month-wise Long Range Forecast (LRF) of the June-to-September period in the 2021 monsoon […]

SINGAPORE – Semiconductor manufacturer GlobalFoundries is increasing its production capacity in Singapore with a hefty US$4 billion (S$5.4 billion) investment. The addition of a new fab, or manufacturing plant, here comes amid a global chips shortage and is expected to add around 1,000 jobs, the firm said on Tuesday (June 22). About 95 per cent of these jobs will be […]