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Four ways consumers’ spending will change once people are vaccinated

Shoppers wearing protective masks leave a Hennes & Mauritz (H&M) store in the Herald Square area of ​​New York, USA, on Thursday, August 6, 2020. Nina Westervelt | Bloomberg | Getty Images As more people receive the Covid-19 vaccine, business leaders and investors are asking themselves a new question: What will consumer spending look like next time? About one-third of …

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India bans export of Remdesivir as coronavirus rages; rallies continue

By Devjyot Ghoshal, Krishna N. Das NEW DELHI (Reuters) – India on Sunday banned the export of the antiviral drug Remdesivir and its active pharmaceutical ingredients as demand rose sharply due to a record increase in COVID-19 infections, leading to a crippling shortage in many places. A police officer points to people queuing at a railway station in the middle …

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2 South Korean companies reach US battery agreement with electric cars

WASHINGTON (AP) – Two major South Korean manufacturers of electric vehicle batteries said Sunday they have settled a long-running trade dispute that allows a company to move forward with plans to manufacture batteries in Georgia. President Joe Biden called it “a victory for American workers and the American automobile industry.” The agreement between LG Energy Solution and SK Innovation ended …

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Google reportedly ran the secret ‘Project Bernanke’, which boosted its own ad sales system over competitors

Google allegedly ran a secret project called “Project Bernanke”, which relied on bid data collected from advertisers using its ad exchange for the benefit of the company’s own advertising system, Wall Street Journal reported. The name of the project was first discovered by the news service MLex and was visible in an incorrectly processed document that Google had filed as …

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India bans export of Remdesivir drug as new COVID-19 cases hit another record

By Devjyot Ghoshal, Krishna N. Das NEW DELHI (Reuters) – India on Sunday banned the export of the antiviral drug Remdesivir and its active pharmaceutical ingredients, as demand rose sharply due to a record increase in COVID-19 infections and led to crippling shortages in many places. FILE PHOTO: A healthcare professional collects a coronavirus disease (COVID-19) test stick sample from …

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China’s antitrust regulator, which gathers as the fight against skins expands

BEIJING / HONG KONG (Reuters) – China’s competition watchdog is adding staff and other resources as it increases efforts to crack down on anti-competitive behavior, especially among the country’s powerful companies, people with knowledge of the case told Reuters. Beijing’s plan to merge the State Administration for Market Regulation (SAMR) comes as China modernizes its competition law with proposed changes, …

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