Data on Gilead's remdesivir show no benefit for coronavirus patients
The antiviral medicine remdesivir from Gilead Sciences failed to speed the improvement of patients with Covid-19 or prevent them from dying, according to results from a long-awaited clinical trial conducted in China. Results are expected soon from a Gilead-run study in severe Covid-19 patients, although that study may be difficult to interpret because the drug is not compared to patients receiving only standard treatment.
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Coronavirus treatment remdesivir will reach patients this week, says developer Gilead
A possible COVID19 treatment, remdesivir could reach hospitalized patients this week, says the CEO of developer Gilead. “The data shows that remdesivir has a clear-cut significant positive effect in diminishing the time to recovery,” said Dr. Anthony Fauci, the government's top infectious-disease expert, during a White House press conference last week.
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Foxnews
Singapore headed for the worst recession since 2008 due to coronavirus
Singapore today became the first country in the world to report its economic growth data for the period during which the coronavirus outbreak became a pandemic, with data showing the country's GDP fell 10.6 percent from the last quarter. The International Monetary Fund has announced that the global economy could be headed for a recession both deeper and longer than the 2008 financial crisis.
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BBC
France slaps Google with giant fine
France slaps Google with giant fine
The French government has placed a 150 million Euro fine on Google for placing unpredictable restrictions on their ad services. The government said that since Google controls most of the internet search market, everyone needs to have equal access to their ad services. This fine came after a four-year-long investigation into the company.
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TheNextWeb
India is about to increase mobile data rates after heavy losses
India is the cheapest country on the earth to use mobile data. But consumers will now have to pay more as two leading telecom companies announced an increase in tariffs after suffering heavy losses.Vodafone Idea and Airtel declared second-quarter losses of around $10 billion. The battle between the Indian Government and the Telecom companies over adjusted Gross revenue played a major role in this initiative.
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BBC