LONDON — Eli Lilly announced Wednesday it had found proof of concept data from an interim analysis of a clinical trial that showed a reduced rate of hospitalization for coronavirus patients treated with its neutralizing antibody drug. The U.S. drugmaker said the experimental treatment had helped patients recently diagnosed with mild-to-moderate symptoms of Covid-19 rid their systems
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SINGAPORE — Singapore is turning to domestic tourism as its borders remain largely closed to overseas visitors due to coronavirus. “The tourism sector in Singapore was really badly affected as a result of this pandemic,” said Chaly Mah, chairman of the Singapore Tourism Board on Tuesday, on the sidelines of the Singapore Summit. Singapore started off
John Foley, founder and chief executive officer of Peloton Interactive Inc. Chris Goodney | Bloomberg | Getty Images Peloton CEO John Foley said Tuesday that Apple launching a fitness platform is a “legitimization” of this type of content. Foley’s remarks were made during the bike maker’s first-ever investor meeting as a public company, and coincided
Bill Gates addresses a virtual Covid-19 conference hosted by the International Aids Society. July 11, 2020 International Aids Society Handout Bill Gates doesn’t believe any of the coronavirus vaccines currently in development are likely to seek U.S. approval before the end of October — something that would be bad news for President Donald Trump, who
Bill Gates expressed confidence that a coronavirus vaccine will be available by 2021. But he remains concerned that doses won’t be made available to lower-income groups, particularly in less developed countries. On a conference call, Gates told reporters that the “next big question” his foundation is thinking through is how to manufacture and distribute the
CEO and founder of U.S. Nikola, Trevor Milton speaks during presentation of its new full-electric and hydrogen fuel-cell battery trucks in partnership with CNH Industrial, at an event in Turin, Italy December 2, 2019. Massimo Pinca | Reuters Shares of Nikola remained in the red for the third session in a row during premarket trading Monday
A family takes temporary shelter at the community clinic after the landfall of cyclone Amphan in Assasuni, Satkhira district, Bangladesh. Taken on 5 June 2020. Zabed Hasnain Chowdhury | SOPA Images/LightRocket | Getty Images Bangladesh is confronting a twin crisis of extreme weather disasters, and a pandemic that’s killed thousands so far. In addition to battling
Coronavirus cases continued to grow over the weekend in nearly a dozen U.S. states as Dr. Anthony Fauci, the nation’s leading infectious disease expert, warns about the nation’s worrying level of new infections. Covid-19 cases were growing by 5% or more, based on a weekly average to smooth out daily reporting, in 11 states as
John David Washington and Robert Pattinson star in “Tenet,” an upcoming spy film written and directed by Christopher Nolan. Warner Bros. Domestic audiences just aren’t ready to return to movie theaters. While Warner Bros.’ “Tenet” has managed to haul in more than $200 million globally, folks in the U.S. aren’t flocking to cinemas. During its
Darryl Sharpton #51 of the Houston Texans against the Tennessee Titans at LP Field on October 23, 2011 in Nashville, Tennessee. Grant Halverson | Getty Images As the Houston Texans entered the 2020 National Football League season the same way they exited last season – with a loss – their former comrade Darryl Sharpton was
The pandemic has upended the travel industry and different parts of the ecosystem are feeling the pain. First up, travel credit cards. Credit card companies that offer travel rewards have had to rethink their offerings as flight and hotel bookings remain depressed due to the pandemic and travel restrictions. Hotels that drive bookings through marketing
AstraZeneca’s building in Luton, Britain. Tim Ireland | Xinhua News Agency | Getty Images Phase three trials for AstraZeneca’s coronavirus vaccine have resumed in the U.K. after they were halted earlier this week over safety concerns, the company announced Saturday. AstraZeneca said it received confirmation from the United Kingdom’s Medicines Health Regulatory Authority that it was
CNBC’s Jim Cramer is warning that investors be cautious about how they approach the market next week. With multiple companies set to go public in the coming days, there could be new reasons for volatile trading. “When we get a flood of initial public offerings, it’s usually a bad sign for the rest of the
The U.S. reported more than 35,200 new cases of the coronavirus on Thursday, its highest daily tally since Sep. 5, according to data compiled by Johns Hopkins University. The holiday weekend likely impacted the data over the past few days and is only now beginning to stabilize. The seven-day average of daily new cases has
Liu Yifei stars in Disney’s “Mulan.” Disney For months, “Tenet” and “Mulan” have been the center of Hollywood’s attention. The films from Warner Bros. and Disney, respectively, were meant to represent a return to normal. However, neither film has quite embodied that hope. Going forward, every weekend at the box office will be an important
A Woman wearing a surgical mask walks past Royal Exchange in the capital’s financial district, in London, England on March 11, 2020. Richard Baker | In Pictures via Getty Images The U.K. economy grew 6.6% in July on a monthly basis, according to initial estimates published Friday, as the economy seeks to recover from the
Entrepreneur Morgan DeBaun told CNBC on Thursday that more funding can make its way to Black founders if venture capitalists recast some aspects of their investment criteria and recognize their own biases. “You have to remember that a lot of young Black founders, we tend to look a little bit different than your typical pattern
The U.S. reported 34,256 new cases of the coronavirus on Wednesday, after several days of total daily new cases below 30,000. Those low numbers were likely impacted by the holiday weekend, which shuttered local health departments and other offices. Epidemiologists are closely following the data after Labor Day for signs of a surge in new
The view of a Boeing 747 aircraft from inside an airport terminal. Source: Boeing The delivery of any future coronavirus vaccine requires “careful planning” with the air transport industry now in order to avoid “potentially severe” issues when it’s ready for global distribution, the International Air Transport Association (IATA) has warned. Calling it the “largest
The Lucid Air sedan, which is expected to go into production next year at a plant being constructed in Arizona. Lucid Electric vehicle start-up Lucid is touting its all-electric Air sedan as a more efficient, faster and spacious vehicle than the Tesla Model S, a car the company’s CEO Peter Rawlinson helped develop. “What we’ve