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Remdesivir: EU authorises coronavirus drug for use after US bulk buys almost world’s entire supply

Officials in Brussels have approved remdesivir to treat severe cases of Covid-19, just days after the US effectively stockpiled the world’s entire supply of the antiviral medication. “We will leave no stone unturned in our efforts to secure efficient treatments or vaccine against the coronavirus,” EU health commissioner Stella Kyriakides …

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Official Announcement: Achraf

Real Madrid C. F. and Inter Milan have reached an agreement over the transfer of Achraf Hakimi. The club wishes to thank Achraf for his many years of dedication, professionalism and exemplary conduct since he joined our academy in 2006 and wishes him all the very best in this new …

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Pizza Hut and Wendy’s Operator NPC Files for Bankruptcy

NPC International Inc., the largest franchisee of Pizza Hut restaurants in the U.S., filed for bankruptcy after coronavirus-related shutdowns added to competitive pressures in the restaurant industry. The closely held company sought Chapter 11 protection in the Southern District of Texas court on Wednesday. NPC, founded in 1962, operates 1,227 …

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In unusual deal, U.S. Treasury to acquire 30 percent of a trucking company in exchange for $700 million loan

The Treasury Department announced on Wednesday that it will loan $700 million to a trucking firm that ships military equipment, in exchange for having U.S. taxpayers acquire an almost 30 percent stake in the company. Under the unusual arrangement, the Treasury Department will provide the emergency loan to YRC Worldwide …

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