MARKET TRENDING NEWS

Animal trials conducted at the US National Institute of Health on COVID-19 infected macaque monkeys have shown reduced lung damage and speedy recovery from early symptoms. The drug has now been cleared for human trials across several countries to be used on severely-ill patients. In a rece... Read More

Illumina, Inc., an American biotechnology firm that focuses on genetic variation analysis, has been making developments in large-scale next-generation sequencing (NGS) based COVID-19 testing. The company recently attained Emergency Use Authorization (EUA) from the U.S. Food and Drug Administration f... Read More

BP plc, a multinational oil and gas company, has recently announced its plan to lay off 15% of its workforce due to the ongoing coronavirus crisis. This announcement goes in line with the plan of Bernard Looney, the company’s Chief Executive to shift its focus from the oil & gas major to r... Read More

  Air New Zealand has decided to resume services on the routes of Auckland to Taupo and Wellington to Timaru.   The mayors of both Taupo and Timaru have welcomed this decision and expressed their satisfaction at the resumption of these service. Air New Zealand has finally de... Read More

Qantas as well as Jetstar are going to increase the number of domestic routes from the month of July. Both airlines will be witnessing an increase in capacity from about 5% from pre-coronavirus levels to around 15% towards the end of June. This essentially equals to over 300 return flights every wee... Read More

The company have revealed plans to swap out old fleets of A320 ceos with newer, more fuel-efficient A320neo models Indigo, an Indian airline renowned for its low-cost tickets, has recently revealed plans to phase out nearly 120 of its A320ceo airplanes within the next two years. These aircraft ha... Read More

ANZ Bank, one of the leading financial groups in New Zealand, has reportedly agreed to sell its asset finance business, UDC Finance, to Japan-based Shinsei Bank for USD 762 million. As per sources familiar with the knowledge of the matter, the company’s move to sell UDC Finance followed a p... Read More

Binge, a new entertainment subscription streaming service of Foxtel, has reportedly appointed The Hallway to handle its media strategy, creative and channel planning. Binge had launched an offer of a two-week trial for free and then a further subscription of entry for $10 per month, having levera... Read More

The U.K. government has claimed that it has achieved its target of daily COVID-19 tests with a capacity of about 200,000 towards the end of May. The United Kingdom Prime Minister, Boris Johnson had set a target 200,000 tests per day in the early days of the month, but it was later revealed that t... Read More

Chicago based aerospace corporation Boeing has apparently decided to recommence the production of its 737 MAX aircraft after recently announcing over 12,000 job cuts in the Seattle area. The ongoing coronavirus pandemic has incurred the aircraft manufacturer a 90 per cent drop in air travels as comp... Read More