Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis. U.S. health officials are pleading for more use of Covid-19 antibody therapies from Eli Lilly and Co. and Regeneron Pharmaceuticals Inc. that have been plagued by logistical issues, lack of efficacy data and insufficient […]

The government, it would seem, is reserving its firepower to spend on big-ticket items that will be announced in the Budget, reports Subhomoy Bhattacharjee.  With only a couple of weeks before the Budget is presented, the finance ministry has told the line ministries they will get more or less the same allocation in FY22 as they did in FY21. The […]

Spain’s largest utility Iberdrola SA and the French food giant Danone SA sealed an accord to build 590 MW-capacity photo-voltaic plant, the largest in Europe. The 300 million-euro ($364 million) project will be located in the western province of Caceres, Iberdrola said in statement on its website. The utility will provide power to Danone’s 29 supply points for 10 years, […]

Four former Infosys employees say in an EEOC complaint that the Indian IT company discriminated against them because they are women. The former employees published an open letter calling on the Infosys Board of Directors to release them from the mandatory arbitration clauses of their job contracts so they can pursue their claims in court. The complaint alleges a male […]

Vaccine distribution is well underway across the United States. Still, the novel coronavirus continues to spread through the population. In the last week alone, there were an average of 240,959 new cases of the virus every day. Since the first known case was identified in the U.S. on Jan. 21, 2020, there have been a total of 22,049,700 reported cases […]

U.K. business leaders called for a government rescue of Eurostar International Ltd. as border closures aimed at halting new strains of Covid-19 threaten to push the Channel Tunnel rail operator toward collapse. Eurostar, whose passenger expresses link London with Paris, Brussels and Amsterdam, needs “swift action to safeguard its future,” the London First lobby group said in a letter to […]

When big banks see a benefit in helping companies recruit more diverse directors, it’s a sign that there are not just morals at play — there is money at stake, too. By Lauren Hirsch The DealBook newsletter delves into a single topic or theme every weekend, providing reporting and analysis that offers a better understanding of a big issue in […]

New York (CNN Business)Some of America’s biggest companies are suspending donations to Republican Congress members who objected to the Electoral College’s votes. The growing list of those corporations, including BlueCross BlueShield, Citigroup (C), Commerce Bank and Marriott (MAR), comes after a pro-Trump mob breached the US Capitol last Wednesday to fight against the ceremonial counting of electoral votes that confirmed […]