Assured India no safety concerns with COVID-19 vaccine: Pfizer
Pfizer said it told the Indian government that there was no concern over the safety of its COVID-19 vaccine, as India insists on small local trials for foreign shots despite a record surge in infections and shortage of doses. Pfizer, Johnson & Johnson and Moderna have been invited to sell their vaccines to India but none have applied to do so yet. Pfizer, however, is holding fresh talks with the government after having withdrawn its initial application
UK PM Boris Johnson announces 1 billion pound trade deal with India
The British government has finalised GBP 1 billion worth of trade and investment with India, creating over 6,500 jobs in Britain, ahead of the virtual summit between UK Prime Minister Boris Johnson and his Indian counterpart Narendra Modi on Tuesday. The investments form part of an Enhanced Trade Partnership (ETP), which the two leaders will formally sign off during their talks.
Warren Buffett names Greg Abel as likely successor at Berkshire Hathaway
Berkshire Hathaway CEO and one of the world's richest men Warren Buffett stated that if he were to step down from his post then Greb Abel is likely to be his successor. Abel, 53, currently serves as the Vice Chairman of non-insurance businesses at Berkshire Hathaway. The firm's board agrees that he would take over if anything were to happen to the 90-year-old CEO, Warren Buffet.
Bill and Melinda Gates file for divorce, end their 27-year-old marriage
Bill Gates, the Microsoft co-founder, and his wife Melinda Gates filed for divorce on Monday, May 3, after 27 years of marriage. The billionaire benefactors who are co-founders of one of the world's largest private charitable foundations, the Bill and Melinda Gates Foundation, said they have come to an agreement on how to split their assets. However, the couple said they would continue to work jointly at the foundation.
Ministries fumble as questions raised on fate of oxygen, foreign aid rushed to Covid-hit India
With foreign aid pouring in for India as it grapples with a raging Covid-19 second wave, Opposition parties have questioned the Centre on the whereabouts of those medical supplies received over the last one week. Congress has demanded transparency in the distribution of foreign aid and urged Prime Minister Narendra Modi to make public details of all relief material received by India.
Uday Kotak calls for 'highest level response measures' to tackle COVID wave II
One of India's top bankers and the Confederation of Indian Industries (CII) president Uday Kotak has urged authorities to consider the "highest level response measures" to stop the second wave of coronavirus in the country. "We must heed expert advice on this subject - from India and abroad. Highest response measures are needed to break the chain of contagion and also use the time to rapidly build up capacity," noted Kotak. "Our maxim should be 'no one is safe, unless everyone is safe," he added.