News

Troubled times awaiting AstraZeneca

Published

3 years ago

April 23, 2021

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.

They should stop EU using their patent and sue them big time for damaging brand. @AstraZeneca https://t.co/r2p8zZF31F
— David C Bannerman (@DCBMEP) April 22, 2021

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.

News

Why Australia is becoming the new home of the Hollywood blockbuster

Published

4 hours ago

May 17, 2024

Nathan Langridge

Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

News

Portal between countries shut down after international flashing

Published

9 hours ago

May 17, 2024

Nathan Langridge

An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

News

U.S. home prices surge 47%

Published

15 hours ago

May 17, 2024

ticker NEWS

American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending