COVID-19 has already significantly impacted healthcare companies in various ways. However, the specific effects of COVID-19 on healthcare companies in the subsequent three years (from 2021 to 2023) would depend on several factors, including the progression of the pandemic, vaccination rates, government policies, and healthcare industry developments. I can provide some general insights into how …
COVID-19 had a profound impact on the work-from-home situation worldwide. Remote work became a significant and widespread practice due to the pandemic. Many companies adopted remote work as a way to ensure employee safety and business continuity during lockdowns and restrictions. The effects of COVID-19 on the work-from-home situation included: Remote Work Adoption: Many businesses …
The Work-from-Home Landscape Witnessed Profound Changes Due to the Coronavirus Pandemic Read More »
Bang & Olufsen has announced preliminary financial results for Q3 2022/23 and adjustments for the financial year 2022/23 ended on May 31st, 2023. The adjustment is due to lower than expect sales in China. At the end of last year, China had moved away from its zero-COVID-19 policy after a longer than expect period of …
Bang & Olufsen Announce Preliminary Q3 Financials on Lower-than-Expected Sales in China Read More »
Nio Inc. (NYSE: NIO) lowered its fourth-quarter outlook for deliveries on Tuesday amid continuous supply chain disruptions stemming from Covid outbreaks. The Chinese electric vehicle maker’s stock fell following the news. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”NIO” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”NIO” range=”1mo” interval=”1d” axes=”true” cursor=”true” api=”yf” style=”width: 100%; height: 300px;”] According to a press …
Nio Slashes Q4 Delivery Guidance Amid Covid Disruptions Read More »
The Food and Drug Administration recently authorized Covid shots, that target the omicron variant, for children as young as 6 months old. Eligibility varies depending on if the children receive Moderna’s or Pfizer’s original vaccines as their primary series. Nevertheless, The FDA stated that it did not authorize omicron shots for children who already received …
FDA Authorizes Covid Omicron Vaccines for Children as Young as 6 Months Read More »
The Food and Drug Administration has pulled U.S authorization for Eli Lilly and Co’s (NYSE: LLY) Covid-19 drug Bebtelovimab. The agency made the call after citing that the treatment is not effective against emerging omicron subvariants such as BQ.1 and BQ.1.1. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”LLY” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”LLY” range=”1mo” interval=”1d” axes=”true” …
Eli Lily Loses FDA Authorization for Covid Bebtelovimab Drug Read More »
FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “PaxMedica Enters Into Committed Equity Investment Agreement for up to $20 Million With Lincoln Park Capital” PaxMedica, Inc. (NASDAQ: PXMD), a clinical stage biopharmaceutical company focusing on the development of novel anti-purinergic drug therapies (“APT”) for the treatment of disorders with intractable neurologic symptoms, …
Polestar (NASDAQ: PSNY) disclosed Friday that it is still on track to deliver 50,000 vehicles in 2022 after its factory commenced full production following Covid lockdowns in China. According to the automaker, it delivered 9,215 vehicles during the third quarter, totaling about 30,400 vehicles so far this year. Polestar’s shares shot up 3% during premarket …
Polestar Set to Deliver 50,000 Electric Vehicles in 2022 Read More »
Hong Kong’s lead airline Cathay Pacific (OTCMKTS: CPCAF) is struggling with “unprecedented” staff shortages and may not be capable of handling a rise in demand, as the city rolls back restrictions and allows international travel. Nevertheless, the end of Hong Kong’s two-year quarantine has brought relief to Cathay, which at one point had slashed capacity …
Cathay Pacific Facing Staffing Shortages According to Top Union in Hong Kong Read More »
Virgin Atlantic announced that it would be terminating all Hong Kong operations amid issues linked to the closure of Russian airspace. The news marks the ending of a 30-year history within the city. “After careful consideration, we’ve taken the difficult decision to suspend our London Heathrow – Hong Kong services and close our Hong Kong …
