The head of one of Asia’s biggest ocean shipping companies has warned that governments may need to intervene to “restore order” to a global logistics market tormented by chronic delays, supply chain disruption and record container rates. In an interview with the Financial Times, Takeshi Hashimoto, president of Mitsui OSK Lines, which is part of…
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Foreign businesses in China are becoming key targets in a growing number of intellectual property lawsuits filed by Chinese companies. Enhanced IP legislation, which has led to large amounts of damages for violations granted by courts, has opened the floodgates for litigation. As Chinese companies have become more protective of their own IP rights, the…
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Georgia experienced a dramatic increase in the number of people signing up for health care coverage during a special enrollment window for the Affordable Care Act. Between February 15 and August 15, a little more than 147,000 people in the state selected an ACA health plan, according to a report by the U.S. Department of…
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The U.S. launched a campaign to offer boosters of Pfizer’s COVID-19 vaccine to millions of Americans on Friday even as federal health officials stressed the real problem remains getting first shots to the unvaccinated. “We will not boost our way out of this pandemic,” warned Dr. Rochelle Walensky, director of the Centers for Disease Control…
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Billions more in profits are at stake for some vaccine makers as the U.S. moves toward dispensing COVID-19 booster shots to shore up Americans’ protection against the virus. How much the manufacturers stand to gain depends on how big the rollout proves to be. U.S. health officials late on Thursday endorsed booster shots of the…
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With more than 40 million doses of coronavirus vaccines available, U.S. health authorities said they’re confident there will be enough for both qualified older Americans seeking booster shots and the young children for whom initial vaccines are expected to be approved in the not-too-distant future. The spike in demand — expected following last week’s federal…
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It was a sweltering, stressful summer for Kağan Sümer, the 33-year-old head of Gorillas, as he cut and recut deals with some of the biggest players in the booming world of instant deliveries. Founded in May 2020 as Europe battled with the coronavirus pandemic, Gorillas promised to reinvent grocery shopping by biking goods to customers…
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Hydrogen’s moment is fast approaching, according to Airbus. Talked about as the fuel of the future for years, Guillaume Faury, the planemaker’s chief executive, says the company is ready to start building a hydrogen-powered commercial airliner before the end of the decade. Europe’s aerospace champion is increasingly confident that 2035 is a “fair and realistic…
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Using a virus that grows in black-eyed pea plants, nanoengineers at the University of California San Diego developed a new treatment that could keep metastatic cancers at bay from the lungs. The treatment not only slowed tumor growth in the lungs of mice with either metastatic breast cancer or melanoma, it also prevented or drastically…
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Materials scientists from Nanyang Technological University Singapore have found a way to prevent internal short-circuits, the main cause of fires in Li-ion batteries. Billions of Li-ion batteries are produced annually for use in mobile phones, laptops, personal mobile devices, and the huge battery packs of electric vehicles and aircraft. This global battery demand is set…
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