Airbus has asked suppliers to be ready to support a conditional 18% increase in production of its best-selling single-aisle A320 jet family once demand recovers from the coronavirus crisis, the European planemaker said on Thursday.
British government plans that could allow self-driving cars on motorways as soon as 2021 would put lives at risk because the available automated technology falls well short of human driving capabilities, UK insurance group Thatcham Research said on Friday.
The U.S. Food and Drug Administration approved Gilead Sciences Inc's antiviral drug remdesivir for treating patients hospitalized with COVID-19, making it the first and only drug approved for the disease.
Gilead Sciences Inc's remdesivir is at the forefront in the fight against the novel coronavirus as one of the first drugs to have shown to be effective in countering COVID-19 in human trials. On Thursday, the U.S. Food and Drug Administration approved remdesivir for treating patients hospitalized with COVID-19, making it the first and only drug approved for the disease. The following is a list of countries or regions that have approved, recomm
U.S. stocks gained ground on Thursday after oscillating for much of the session as growing optimism about an imminent U.S. coronavirus relief deal helped offset concern about a global surge in COVID-19 cases.
U.S. stocks oscillated for much of the session on Thursday but turned positive by mid-afternoon on optimism about an imminent U.S. fiscal stimulus deal, as global COVID-19 cases surged.
A surge in demand for vaccines to ward off the winter flu has led to shortages in some European cities, raising the risk of a potentially lethal "twindemic" as COVID-19 cases soar.
British regulators fined Goldman Sachs International 96.6 million pounds ($126 million) on Thursday as part of global action that will see the U.S. bank pay nearly $3 billion to settle a probe into its role in Malaysia's 1MDB corruption scandal.
U.S. banking giant Goldman Sachs has been fined 96.6 million pounds ($126.4 million) by British regulators for risk-management failures in connection with Malaysia's 1MDB corruption scandal.
* AstraZeneca rises after positive update on COVID-19 vaccine
British companies may have fraudulently claimed up to 3.9 billion pounds ($5.1 billion) in public money by accepting funds from a salary support scheme while ordering furloughed staff to still work during lockdown, the spending watchdog said.