Tag Archives: Business News

Who pays for oil spill from Mauritius and how much?

TOKYO (Reuters) – A Japanese bulk carrier cut off a coral reef off the Indian Ocean nation of Mauritius on July 25, spilled some 1,000 tons of steel oil and declared a state of “environmental distress”. A general view shows the bulk carrier MV Wakashio, which ran on a reef, …

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Coronavirus vaccine developer CureVac raises $ 213 million in IPO

An employee of the German biopharmaceutical company CureVac, demonstrates research into a vaccine for coronavirus (COVID-19) at a laboratory in Tuebingen, Germany, March 12, 2020. Andreas Gebert | REUTERS CureVac raised $ 213 million in its initial public offering (IPO) in New York on Thursday, said a person familiar with …

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Retail sales July 2020:

Consumers brought in less than expected in July as a decline in car sales helped cool an economy struggling to shake off the effects of the coronavirus pandemic. Retail sales rose 1.2% in 1.2 months, against the expected increase of 2.3% in economists surveyed by Dow Jones. However, the news …

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