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Troubled times awaiting AstraZeneca

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As the rollout of COVID-19 vaccines ramps up around the world, the European Union is preparing to launch legal action against AstraZeneca.

astrazeneca could be taken to court

According to Reuters, the European Commission is working on legal proceedings against the drugmaker following the company cutting vaccine deliveries to the EU.

The move is set to further strain relationships and would further step a plan to allow the EU to cut ties with the Anglo-Swedish pharmaceutical giant.

AstraZeneca has been accused of repeatedly cutting vaccine supplies to the EU, resulting in major delays to the vaccine rollout across Europe.

AstraZeneca is under a contract to supply 180 million doses in the second quarter of this year but in a major blow, back in March, AstraZeneca revealed they could only deliver one-third of that total.

They cited manufacturing issues as one of the main reasons for the delay. 

EU states will still need to decide if they’ll participate in the legal action, .according to an official from the European Commission.

However, earlier in March Brussels sent a legal letter to the company highlighting their intention of potential court proceedings.

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The ongoing alcohol related research many ignore

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New research shows the impact of alcohol on our gut microbiome.

Alcohol affects gut microbes, potentially leading to gut imbalance and heightened cravings.

Research suggests moderate drinkers have healthier gut microbiomes. While red wine consumption may enhance gut diversity, similar benefits can be found in plant-based and fermented foods. Dysbiosis may worsen addiction, highlighting the need for holistic approaches to treatment.

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How AI is leveraging Amazon’s fast production

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Amazon reported better-than-expected results for the last quarter, surpassing analysts’ estimates.

Amazon reported better-than-expected results for the last quarter, surpassing analysts’ estimates, driven by strong performance in its cloud computing and AI.

Ticker’s Ahron Young & Veronica Dudo discuss.

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Will the Fed reserve’s cautious stance tame inflation or stifle growth?

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The Federal Reserve opted to keep interest rates unchanged, signalling concerns over the sluggish pace of inflation improvement.

On this episode of Hot Shots – US Fed Reserve aim for 2%, Elon Musk makes a bold Tesla choice, Amazon makes big movies thanks to AI and fast-food restaurants are facing a big issue with customer retention.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #hot shots #ticker today

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