Merck’s COVID pill shows lower efficacy in updated study
Drugmaker says final analysis of trial results showed molnupiravir showed 30 percent risk reduction.
Al Jazeera English
US stocks fall sharply on new COVID-19 strain
The Dow dropped more than 900 points while the S&P is on pace for its worst day since September.
Emirates says IPO may be in the cards for long-haul carrier
President of the state-owned Emirates said at an aviation show that a proposal to sell shares ‘is out there’.
Rivian is now biggest US company by market value with no revenue
Rivian Automotive’s shares have soared 67 percent from their initial public offering price of $78 on Wednesday.
Big time: Bitcoin rallies above $66,000 to fresh all-time high
The cryptocurrency topped $66,000 for the first time ever as optimism about its acceptance by the mainstream grows.
SEC GameStop report ends conspiracies around its volatility
US regulatory body report shows how amateur traders drove shares in GameStop other meme stocks to extreme highs.
China’s central bank says Evergrande risks are ‘controllable’
Concerns are growing that Evergrande’s cash crunch is spreading to other China property developers.
What could an Evergrande debt default mean for China and beyond? – Al Jazeera English
Will Chinese authorities allow Evergrande’s creditors to suffer major losses, or intervene in some way?
Macau casino stocks plunge as gov’t kicks off consultation
A gov’t proposal to revise the city’s gaming laws spooked investors already slammed by Beijing’s recent crackdown.
How much longer will India’s red-hot stock market rally last?
India’s stock market has more than doubled since March 2020 despite severe virus outbreaks and strict lockdowns.