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South Korean consortium to produce 100 million doses of Russia’s Sputnik V vaccine per month

SEOUL: South Korea's Huons Global said on Friday (Apr 16) that it will lead a consortium to produce 100 million doses of Russia's Sputnik V COVID-19 vaccine per month as Moscow ramps up production for supplies abroad. The announcement comes after South Korean biotech firm GL Rapha signed a deal with Russia's sovereign wealth fund late last year to make more than 150 million doses of Sputnik V per year. Huons said the consortium will begin producing sample batches in August and respond flexibly to supply demands from the Russian Direct Investment Fund (RDIF). The consortium includes three other local companies - Prestige BioPharma, Humedix and Boran Pharma - which will build a new production facility, Huons said in a statement. READ: Kremlin says pressure on countries to reject Russia's Sputnik V vaccine is unprecedented READ: India's Gland Pharma to make up to 252 million Sputnik V COVID-19 vaccine doses Shares in Huons Global jumped 29.8 per cent to their daily ... » Learn More about South Korean consortium to produce 100 million doses of Russia’s Sputnik V vaccine per month

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France’s COVID-19 death toll breaches 100,000; eighth-highest in world

PARIS: France's COVID-19 death toll rose on Thursday (Apr 15) to more than 100,000, according to the latest hospital figures from the health ministry, a bleak statistic for President Emmanuel Macron's government. Data from the health ministry's GEODES website said French hospitals registered 300 COVID-19 deaths in the last 24 hours, which, pushing the overall tally to more than 100,000. "As all our energy is now focused on exiting this ordeal, we will not forget any face or any name," Macron said on Twitter. France has the world's eighth-highest COVID-19 death toll. The United States is the worst-hit country in terms of COVID deaths, at 564,759, followed by Brazil, Russia and Mexico, according to a Reuters tally. Worldwide, the death toll stands at over three million. Coronavirus deaths in France have now nearly doubled from just over 52,000 at the end of its second lockdown at the end of November. In the past 30 days, France has registered on average just over 300 new ... » Learn More about France’s COVID-19 death toll breaches 100,000; eighth-highest in world

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Super Lottery: NordFX Gives Away 100,000 USD to Traders

The $100,000 Super Lottery was launched by the brokerage company NordFX among its clients on April 1, 2021. The name speaks for itself: 100 cash prizes of $500, $1,000, $2,500 and a super prize of $ 20,000 will be drawn by the year end. It is quite easy to take part in the lottery and get a chance to win one or even several of these prizes. It is enough to have a Pro account in NordFX (and for those who do not have it – register and open a new one), top it up with $200 and… just trade. Having made a trading turnover of only 2 lots in Forex currency pairs or gold (or 4 lots in silver), the trader will automatically receive a virtual lottery ticket. The number of lottery tickets for one participant is not limited. The more deposits and the greater the turnover, the more lottery tickets the participant will have, and the greater their chances of becoming a winner of the prize money. Unlike trader contests, there is no need for a lottery participant to show exceptional trading ... » Learn More about Super Lottery: NordFX Gives Away 100,000 USD to Traders

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China’s Sinovac vaccine 67 per cent effective against symptomatic infection: Chile report

SANTIAGO (REUTERS) - Sinovac's Covid-19 vaccine CoronaVac was 67 per cent effective in preventing symptomatic infection in the first real-world study of the Chinese shot, the Chilean government said on Friday (April 16). The vaccine was 85 per cent effective in preventing hospitalisations and 80 per cent effective in preventing deaths, the government said in a report prepared by the Chilean health ministry. The release of the data makes Chile one of a handful of countries, including the United Kingdom and Israel, that have used inoculation campaigns to gather insights into how effective vaccines are outside controlled clinical trials and when faced with unpredictable variables in societies. Israel's real-world study of the effectiveness of Pfizer's vaccine looked at the results among 1.2 million people, a mix of those who received the shot and those who did not. Chile's study examined CoronaVac's effectiveness among 10.5 million people, again looking both at people who had been ... » Learn More about China’s Sinovac vaccine 67 per cent effective against symptomatic infection: Chile report

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India shifts from mass COVID-19 vaccine exporter to importer

NEW DELHI: After gifting and selling tens of millions of COVID-19 vaccine doses abroad, India suddenly finds itself short of shots as new infections surge in the world's second-most populous country. India breached 200,000 daily infections for the first time on Thursday (Apr 15), and is trying to inoculate more of its population using domestically produced shots. Facing soaring cases and overflowing hospitals after lockdown restrictions were eased, it also abruptly changed the rules to allow it to fast-track vaccine imports, having earlier rebuffed foreign drugmakers like Pfizer. It will import Russia's Sputnik V vaccine starting this month to cover as many as 125 million people. The reversal in fortunes could hamper not only India's battle to contain the pandemic, but also vaccination campaigns in more than 60 poorer countries, mainly in Africa, for months. The COVAX programme, backed by the World Health Organization and Gavi vaccine alliance, aims at equitable vaccine ... » Learn More about India shifts from mass COVID-19 vaccine exporter to importer

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Tokyo Olympics chief commits to Games as COVID-19 infections surge; fresh calls to postpone or cancel

TOKYO: Tokyo's Olympics chief said on Friday (Apr 16) that Japan was committed to holding a safe Games this summer, as a surge in COVID-19 cases prompted an expansion of contagion controls and with fresh calls for the Games to again be postponed or cancelled. The government is set to expand quasi-emergency measures to 10 regions as a fourth wave of infections spread, casting more doubt on whether the Olympics can be held in Tokyo in fewer than 100 days. "We're not thinking of cancelling the Olympics," Tokyo 2020 President Seiko Hashimoto said, speaking on behalf of the organising committee. "We will continue to do what we can to implement a thorough safety regimen that will make people feel complete safety." Economy Minister Yasutoshi Nishimura earlier told reporters the government was considering adding Aichi, Kanagawa, Saitama, and Chiba to six other prefectures already under contagion controls, including the cities of Tokyo and Osaka. A final decision is expected on ... » Learn More about Tokyo Olympics chief commits to Games as COVID-19 infections surge; fresh calls to postpone or cancel

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Davao’s Dennis Uy wants first dibs on Shell’s Malampaya stake

Udenna Corp., led by Davao-based businessman Dennis A. Uy, prefers not to have any new players getting on board the Malampaya natural gas pro­ject and is looking at acquiring Shell’s 45-percent stake in tandem with PNOC Exploration Corp. (PNOC-EC) “The Udenna Group firmly believes that Malampaya is a high-quality asset, strategic to the future welfare and energy security of the country and welcome our partner (PNOC-EC) to join us in taking over the field on a 100-percent basis,” Udenna spokesperson Raymond Zorrilla said in a statement. The oil giant, through Shell Philippines Exploration BV (Spex), is operator of the Malampaya project. Since the discovery of natural gas in offshore Palawan in the early 1990s, the project has since provided fuel to several power plants that together account for one-fifth of electricity demand in the Philippines. But Spex last week confirmed plans to divest from Malampaya “as part of an ongoing portfolio rationalization to simplify and increase the ... » Learn More about Davao’s Dennis Uy wants first dibs on Shell’s Malampaya stake

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Zuckerberg urged to nix kids’ version of Instagram

FILE PHOTO: This May 1, 2018, photo shows Facebook CEO Mark Zuckerberg. (AP Photo/Marcio Jose Sanchez, File) San Francisco, United States — Advocates for children from around the world urged Facebook chief Mark Zuckerberg on Thursday to ditch plans for a version of Instagram geared toward pre-teens. Campaign for a Commercial-free Childhood and the Electronic Privacy Information Center were among nearly 100 groups and individuals from North America, Europe, Africa, and Australia to make the plea in a letter to Zuckerberg. Instagram “exploits young people’s fear of missing out and desire for peer approval,” the letter contended. “The platform’s relentless focus on appearance, self-presentation, and branding presents challenges to adolescents’ privacy and well-being,” it argued, building on concerns about predators, bullies, and inappropriate content. Instagram is exploring the launch of a version of the image-centric social network for children under 13, with parental ... » Learn More about Zuckerberg urged to nix kids’ version of Instagram

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France has given first COVID shots to nearly all retirement care home residents

PARIS (Reuters) - France has given a first COVID-19 vaccination injection to virtually 100% of retirement care home residents and three quarters have received two shots, Health Minister Olivier Veran said on Friday. During a visit to a vaccination centre in southern France, Veran also told reporters that more than two thirds of all health staff and 80% of health staff above 50 had received at least a first injection. France's focus on care home residents has led to a sharp drop in deaths. At the start of the vaccination campaign in late December-early January, France was registering about 700 deaths per week in retirement homes, accounting for nearly a third of all weekly deaths nationwide. By early March, that number had dropped to around 300, by end-March to 80 and last week France reported fewer than 50 deaths in retirement homes. On Thursday, as France's COVID-19 death toll crossed 100,000, the seven-day moving average of COVID-19 deaths stood at nearly 300 per day, ... » Learn More about France has given first COVID shots to nearly all retirement care home residents

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India battles record COVID surge as rallies, Hindu festival draw huge crowds

NEW DELHI/BENGALURU: India battled a record surge in COVID-19 cases on Friday as hospitals ran out of oxygen and beds, while politicians held election rallies and hundreds of thousands of Hindu devotees attended a weeks-long festival, infuriating health officials. A massive second wave of infections, second only to the United States in total, forced authorities to restrict movement of people in Mumbai, New Delhi and other cities amid growing calls for faster vaccination rollouts. The 217,353 new cases reported by the health ministry on Friday marked the eighth record daily increase in the last nine days and took the total number of cases to nearly 14.3 million. The United States has reported more than 31 million infections. Deaths in India rose by 1,185 over the past 24 hours - the highest single-day rise in seven months - to reach a total of 174,308. Experts have raised concerns about the spread of more contagious variants of the disease, particularly given widespread ... » Learn More about India battles record COVID surge as rallies, Hindu festival draw huge crowds

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