The European Union warned that Eurozone was all set to fall into recession as the European Union increased inflation forecasts for 2022 and 2023 on the back of high energy prices. Europe is also reeling from the economic shockwaves caused by the Russia and Ukraine war that have fuelled a spike in energy costs, and […]
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Instagram has launched technology to verify the age of users in the United Kingdom and Europe. Any user trying to change their date of birth from “under 18” to “over-18” must verify their age. But, the users now have the option to record a video of themselves, which will be analysed by the age-estimation technology, […]
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According to the new rules designed under the Digital Markets Act (DMA) of the European Union, technology giants like Apple and Google could be forced to open up their platforms and services to several other companies and app developers. Under DMA, the messaging apps could require to work with their smaller rival applications, and this […]
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The European Commission has granted Orphan Medicinal Product Designation to Karyopharm Therapeutics Inc., a pharmaceutical company pioneering cancer therapies, and Menarini Group, a leading international pharmaceutical company, for selinexor used to treat myelofibrosis (MF). Selinexor was granted the orphan drug designation by the US Food and Drug Administration (FDA) in May 2022. Selinexor is currently […]
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The European Medicine Agency’s human medicine committee (CHMP) has adopted a positive opinion for Dengue Tetravalent Vaccine, which is used to prevent disease caused by dengue virus serotypes 1, 2, 3, and 4 in people from 4 years of age. Dengue is a mosquito-borne disease caused by four types of the dengue virus that leads […]
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Google faces a lawsuit of 24 billion dollars in Europe and the United Kingdom that accuses the technology company of anticompetitive conduct in the digital advertising market. Google, which is a key player in the online advertising market as well as being a dominant force in search, is accused of abusing its power in the […]
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EvaClean EU Ltd. and ADYTON MedTech, a healthcare technologies company in central and eastern Europe, have partnered to provide enhanced disinfection solutions to the healthcare facilities in central and eastern regions of Europe. Marek Jaluvka, chief business development and new partnerships officer at ADYTON MedTech, said their goal is to improve the lives of people […]
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Inflation in the European countries using the euro currency shot to another record in July 2022, which is pushed by higher energy prices, but the economy has managed better growth in the second quarter of 2022. The annual inflation in the 19 countries of eurozone increased to 8.9 percent in July 2022, which is an […]
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A team from Indian Council of Medical Research-National Institute of Virology (ICMR-NIV), Pune, have found that the monkeypox virus strain circulating in the country is different from the strain that caused devastating events in Europe, which leads to a global outbreak of the disease. The team has also conducted genetic sequencing of two monkeypox cases […]
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On Friday, 3rd June 2022, Jane Fraser, chief executive officer of Citigroup Inc. said, Europe had been more likely to slip into a recession than the United States of America, as the CEO of Citigroup joined the other global bank CEOs for warning about the health of the global economy. Jane Fraser has recently returned […]
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