Global Markets in Steep Retreat Tuesday

A surge of new COVID-19 cases around the world sent global markets into a slump Tuesday. The FTSE in London is down 1.2%, the CAC-40 in Paris is one percent lower, and the DAX index in Frankfurt is down 1.1%. Asian markets also took a mostly negative turn Tuesday, with the benchmark Nikkei index in […]

Novavax Awarded $1.6 Billion to Develop US COVID-19 Vaccine

The U.S. government has awarded a $1.6 billion contract to Novavax, Inc. to develop a coronavirus vaccine. The award to the Maryland-based company is the largest to date from the government’s “Operation Warp Speed” initiative to fast-track the development of vaccines and other treatments for COVID-19. Chief Executive Stanley Erck said the company aims to […]

US Formally Starts Withdrawal From WHO

WASHINGTON – The White House has formally notified the United Nations that it is pulling the United States out of the World Health Organization, despite the surging number of COVID-19 cases in the country. President Donald Trump froze U.S. funding for the WHO in April and a month later announced his intentions to drop out. […]

GLOBAL INFRASTRUCTURE PARTNERS CAPITAL SOLUTIONS FUNDS ANNOUNCE SECURED TERM LOAN INVESTMENT IN COLUMBIA’S PUERTO ANTIOQUIA

NEW YORK, NY, July 07, 2020 (GLOBE NEWSWIRE) — Global Infrastructure Partners (GIP), a leading global, independent infrastructure investor, announced today that its credit funds, Global Infrastructure Partners Capital Solutions Funds I and II (“GIP CAPS”) closed on a $110 million secured holding company term loan investment  in Puerto Antioquia Holdings S.A.S. Puerto Antioquia is […]

Hyperloop Language Passes in House as Part of Moving Forward Act

Bipartisan Support Accelerates Hyperloop Industry in the US and Assigns NETT Council to Establish Regulatory Framework over the Next Six Months WASHINGTON, July 07, 2020 (GLOBE NEWSWIRE) — H.R. 2, the Moving Forward Act, passed the US House of Representatives, with multiple provisions moving the hyperloop industry forward at a rapid pace within the United […]

Erdene Intersects 5.5 Metres of 126 g/t Gold Including 1 Metre of 582 g/t Gold at New Bayan Khundii Zone And 15 Metres of 26 g/t Gold Including 1 Metre of 338 g/t Gold

Bayan Khundii – New Khundii District Gold Targets – Q2 Exploration Results Bayan Khundii – New Khundii District Gold Targets – Q2 Exploration Results Bayan Khundii – High Grade Gold Zones – Near Surface At Midfield SE and Striker SW Bayan Khundii – High Grade Gold Zones – Near Surface At Midfield SE and Striker […]

Novavax Announces $1.6 Billion Funding from Operation Warp Speed

Funding supports late-stage clinical development, including pivotal Phase 3 clinical trial to support licensure OWS award funds large-scale manufacturing of NVX-CoV2373, including production of 100 million doses starting in late 2020 GAITHERSBURG, Md., July 07, 2020 (GLOBE NEWSWIRE) — Novavax, Inc. (Nasdaq: NVAX), a late stage biotechnology company developing next-generation vaccines for serious infectious diseases, […]

Philips introduces first-of-a-kind mobile ICUs in India to tackle COVID-19 and other emergencies

Amsterdam, the Netherlands and New Delhi, India – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced it introduced first-of-its-kind mobile Intensive Care Units (ICUs) in India. Designed to meet the critical-care requirements of patients, each prefabricated ICU has a capacity of nine beds. The units will be locally manufactured by […]

LeddarTech Acquires VayaVision to Accelerate the Delivery of its Comprehensive and Open Sensor Fusion and Perception Platform for the Automotive and Mobility Market

LeddarTech proudly announces VayaVision acquisition. QUEBEC CITY, July 07, 2020 (GLOBE NEWSWIRE) — LeddarTech®, a leader in ADAS and AD technology, is pleased to announce the acquisition of sensor fusion and perception software company VayaVision. LeddarTech supports Tier 1-2 automotive system integrators with an open automotive and mobility sensing platform, including its LiDAR-based LeddarEngine™. There […]