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Daily Archives: July 3, 2020

‘COVID-19 vaccines to enter late-stage trial by end of July’


July 3, 2020

COVID-19 vaccine candidates will enter late-stage clinical studies by the end of the month, with others beginning in August, September and October, the US government’s top infectious diseases expert said on Thursday. The news comes as Moderna, which is at the forefront of the country’s vaccine development efforts, reiterated earlier in the day that a late-stage trial with 30,000 volunteers …

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Arthritis drug fails COVID-19 study


July 3, 2020

Regeneron Pharmaceuticals and Sanofi said on Thursday their rheumatoid arthritis drug Kevzara failed to meet the main goals of a US study testing it in the most critically ill COVID-19 patients. Previous trial results had shown that the drug did not help patients with less severe COVID-19, the disease caused by the novel coronavirus, and shares of Regeneron fell about …

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Swiss authorize anti-viral drug for wide use against COVID-19


July 3, 2020

Switzerland announced Thursday that COVID-19 patients beyond those on clinical trials could be given remdesivir, the first drug shown to be relatively effective in treating the new coronavirus. At least two major US studies have shown that the anti-viral drug can reduce the duration of hospital stays for those suffering from the novel coronavirus. “With immediate effect, remdesivir can be …

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‘Augmented reality’ mirror allows touchless cosmetics shopping


July 3, 2020

SEOUL: An augmented reality (AR) mirror at the new Seoul flagship boutique of cosmetics powerhouse Amorepacific makes easy work of seeing if that scarlet shade of lipstick or long-lash mascara suits you – even if you’re wearing a face mask. The mirror takes a photograph of the customer’s face and analyses it, recommending products based on skin texture, and addressing …

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Balochistan a land of opportunities: CM


July 3, 2020

QUETTA: Chief Minister Jam Kamal Khan Alyani has said that Balochistan is the land of opportunities as its long coastal line, mines and minerals, fisheries, tourism sector and the Tapi gas pipeline project distinguish it in the region. Speaking at a meeting of heads of different departments of the provincial government to review their progress on Thursday, Mr Alyani said …

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Agri package implementation discussed


July 3, 2020

rop ISLAMABAD: The mode of implementation for the multi-billion ‘Agricultural Fiscal Package’ was discussed at the Ministry of National Food Security and Research (MNFSR) on Thursday, with the federal and provincial governments agreeing that its delivery should be transparent. Under the agriculture package, subsidy to the tune of about Rs37 billion would be offered to farmers on the purchase of …

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SBP to automate refund payments


July 3, 2020

KARACHI: Efforts are underway to automate government payments in order to ensure transparency, efficiency and public convenience, said the SBP Governor Dr. Reza Baqir on Thursday. He held an online meeting with the business community to seek feedback on an ongoing project for automation of tax refund payments by the SBP. Baqir introduced the SBP’s Automation of Payment of Tax …

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Rupee edges up Rs1.17 vs dollar


July 3, 2020

KARACHI: The first active day of 2020-21 saw the rupee make some gain against the dollar which remained dominant throughout the outgoing fiscal year that ended on June 30. The rupee rose by Rs1.17, or 0.7 per cent, on Thursday to close at Rs166.88. Currency dealers said it was shocking for them that the dollar depreciated by Rs1.17 in a …

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Exports show signs of revival as pace of decline slows in June


July 3, 2020

ISLAMABAD: Pakistan’s expo­rts fell for the fourth consecutive month in June to $1.609 billion, down 6.3 per cent year-on-year from $1.717bn in the corresponding month last year, data released by the Ministry of Commerce showed on Thursday. The exports in June fell at a much slower pace compared to a month-on-month drop of 33.6pc in May and 54pc in June, …

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