Bharat Biotech’s partner Ocugen seeks approval for Covaxin in Canada
HYDERABAD: Ocugen Inc., Bharat Biotech’s partner for USA and Canada for COVID-19 vaccine Covaxin has initiated a rolling submission to Health Canada for the jab, the US company said in a regulatory filing. The move follows the release by Bharat Biotech of Phase 3 clinical trial results, which demonstrated efficacy and safety in nearly 25,800 […]
Cairn wants India to honour its word and pay $1.4 billion, shareholders to seek enforcement
NEW DELHI: British oil firm Cairn Energy plc on Sunday said its shareholders, including top financial institutions of the world, expect the use of the company’s “strong powers of enforcement” to recover USD 1.4 billion from the Indian government should it not keep its word of honouring international arbitration tribunal awards on retrospective taxes. Cairn […]
Canada’s Cenovus Energy to buy Husky Energy for $18 billion
By Ann Maria Shibu Canadian oil and gas producer Cenovus Energy Inc will buy peer Husky Energy Inc in an all-stock transaction valued at C$23.6 billion ($17.97 billion), inclusive of debt, the companies said in a joint statement on Sunday. The deal is the latest sign of consolidation in the energy industry following the collapse […]
China says Canada is an accomplice of U.S. in Huawei case
BEIJING: China’s foreign ministry said on Friday that Canada is an accomplice to the U.S. government’s efforts to bring down Chinese tech giant Huawei and said Canada should immediate release Huawei executive Meng Wanzhou. Meng has been under house arrest in Canada and trying to avoid extradition to the United States. Source: Reuters, Reporting by […]
Virus-hit Hertz declares bankruptcy in US and Canada
Global car rental company Hertz became the latest economic casualty of the coronavirus pandemic Friday, filing for bankruptcy in the US and Canada after more than a century in business. “The impact of COVID-19 on travel demand was sudden and dramatic, causing an abrupt decline in the Company’s revenue and future bookings,” Hertz said in […]
Donald Trump hails new USA-Canada-Mexico trade pact
WASHINGTON: The United States of America (USA) USA President Donald Trump on Monday declared a new US trade pact with Canada and Mexico to be “a great deal” for all three countries, hailing the replacement of the old NAFTA deal which he long railed against and threatened to cancel. Known as the United States-Mexico-Canada Agreement […]