Pfizer could begin manufacturing Paxlovid in China through a local partner within three to four months following moves by Beijing to provide the clearances required to produce and supply the Covid-19 drug in the country.Albert Bourla, Pfizer chief executive, said on Monday that a local…

Britain’s historic attempt to launch the first commercial satellites from western Europe failed late on Monday night when Virgin Orbit’s LauncherOne rocket suffered an “anomaly” that prevented the spacecraft from reaching orbit.The failed mission is a severe blow not just for the UK, which had…

Chinese patients suffering from Covid-19 are struggling under mounting medical bills after state-backed health insurance schemes reduced or dropped coverage in response to an unprecedented wave of infections sweeping across the country.At least 14 Chinese cities and provinces have stopped providing free treatment for coronavirus…

A senior executive at a Toyota leasing subsidiary has warned that the world’s largest carmaker is confronting an “unprecedented” challenge to revive its electric vehicle sales, as it risks missing its already low target in Japan for the second consecutive year.The bleak outlook for the…

After months of uncertainty and feeling left in the dark, many former Twitter employees impacted by a mass layoff in early November began receiving their severance offers over the weekend. But some are frustrated by the offer and the conditions attached to it. The severance…

Stocks advanced Tuesday as investors continued building on the new year’s early rally while waiting for economic data and corporate earnings coming later in the week.The Dow Jones Industrial Average gained 186.45 points, or 0.56%, to end at 33,704.10. The S&P 500 traded up 0.70%,…