Oxford COVID-19 vaccine trial pauses after volunteer falls ill

The FINANCIAL — The outcome of vaccine trials is being closely watched around the world. Pharmaceutical company AstaZeneca said Tuesday that it had paused global trials of its coronavirus vaccine in America as it is investigating one of the volunteers in United Kingdom…

6 mins read

British consumers increased their spending in August

The FINANCIAL — UK consumer spending exceeds last year’s level for first time since lockdown. Pubs and bars enjoy rebound but shops still struggle as the public switch to online purchases. British consumers increased their spending again in August as they went on…

5 mins read

HMRC reveals that up to £3.5bn furlough cash paid out in error

The FINANCIAL — Up to £3.5bn in Coronavirus Job Retention Scheme payments may have been claimed fraudulently or paid out in error, the government has said. HMRC has calculated that between five and 10% of payments have been wrongly calculated, possibly as a…

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FDI in Georgia amounted USD 237.8 million in Q2 2020

The FINANCIAL — National Statistics Office of Georgia published data of Foreign Direct Investments Q2. Foreign direct investments (FDI) in Georgia amounted to USD 237.8 million in Q2 2020 (preliminary data), up 0.5 percent from the adjusted data of Q2 2019. The top three countries…

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Noble Partner 2020 Officially begins on 7 September

The FINANCIAL — Noble Partner is a cooperatively-led multinational training exercise in its fifth iteration. It is aimed to enhance Georgian, U.S. and partner forces readiness and interoperability and to also contribute in maintaining stable, secure environment over the Black Sea region. U.S.…

5 mins read

LG introduces battery-powered air purifier face mask

LG today announced that they will give new meaning to clean, personal air with the introduction PuriCare Wearable Air Purifier at IFA 2020. It features Dual Fans and includes a Respiratory Sensor. Air Purifier’s availability in select markets is set for the…

9 mins read

American Airlines plans to cut 19 000 jobs

The FINANCIAL — American Airlines announced that it would shrink its workforce by 40,000, including 19,000 involuntary cuts, on 1 October, as the coronavirus pandemic continues to weigh on air travel. Other airlines such as United, British airways and Lufthansa have warned of…

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Bitcoin exchange might have a problem

The FINANCIAL — Bitcoin has been gaining popularity for past years, but despite this fact it still is cyber criminals’ favorite tool. Bitcoin also has a ransomware variant, known as Ryuk. Ryuk was created in 2018 and it is thought to have stolen…

5 mins read