CORONAVIRUS
- Business
Oil prices raise inflation, China lockdown worsens supply disruptions: Fed
‘Inflation is much too high, we are moving expeditiously to bring it back down,’ Fed Chair Jerome Powell says The…
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Intel revenue falls in Q1 as tech sector struggles with chip shortage
CEO says company has $1T market opportunity as it expands capacity in US, Europe US-based global chipmaker Intel saw its…
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Merck gains over $3.2B in sales from coronavirus pill in Q1
Pharmaceutical firm estimates $5 to $5.5B from COVID-19 pill this year US pharmaceutical firm Merck gained more than $3.2 billion…
Read More » - Turkiye
Turkey lifts indoor mask mandate
The requirement to wear protective face masks indoors in Turkey has been scrapped, with the exception of hospitals and public…
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European car sales dip as Ukraine war hits struggling industry
Car sales in Europe dropped sharply in March, industry data showed Wednesday, as Russia’s invasion of Ukraine added to the…
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Bank of America net income falls, revenue rises in Q1
Impact of pandemic, war in Ukraine, interest rate environment listed as some hurdles during first quarter US-based multinational investment bank…
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Johnson & Johnson earns $457M from coronavirus vaccine sales in Q1
Company said $382M came from sales outside US Johnson & Johnson earned $457 million from coronavirus vaccine sales in the…
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UK GDP estimated to have grown 0.1% in February
GDP now 1.5% above pre-pandemic level The UK’s gross domestic product (GDP) is estimated to have grown by 0.1% in…
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Global air travel more than double year-on-year in February
Demand for air cargo up 2.9% from year ago despite challenging operating backdrop Global air travel more than doubled in…
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Turkish factory output grows 7.6% but eases due to utility curbs
Turkey’s industrial production expanded 7.6% year-over-year in January, data showed on Friday, rising for the 19th consecutive month. The reading…
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