Aurobindo Pharma climbs 15% on VAI status for Hyderabad plant

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Aurobindo Pharma climbs 15% on VAI status for Hyderabad plant

Shares of Aurobindo Pharma climbed 15 per cent in Tuesday’s trade after the US drug regulator US Food and Drug Administration (USFDA) classified the company’s Unit IV of Hyderabad plant as VAI (voluntary action indicated). The scrip traded 15 per cent …
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Nissan to Close Global Headquarters, Other Japan Sites Through May 10 Due to Virus

TOKYO — Nissan Motor Co said on Tuesday it will shut its global headquarters in Japan for 16 days through early May to contain the spread of the coronavirus, even though the government has permitted keeping workplaces open to get the economy running.
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UK employment growth slowed in March as COVID began to hit: ONS

LONDON (Reuters) – The number of people in jobs in Britain grew more slowly in March than in February, official figures showed on Tuesday in an early sign of the impact of the coronavirus shutdown which is expected to hammer the jobs market.
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Virgin Australia Airline Seeks Bankruptcy Protection

By ROD McGUIRK, Associated Press. CANBERRA, Australia (AP) — Virgin Australia, the nation’s second-largest airline, announced Tuesday it had entered voluntary administration, seeking bankruptcy protection after a debt crisis worsened by the …
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US crude futures turn positive after historic plunge, Brent falls

SEOUL (Reuters) – U.S. oil prices hobbled back into positive territory on Tuesday after sinking below $0 for the first time ever, but international benchmark Brent dipped as the global coronavirus crisis severely reduces demand for crude. FILE PHOTO: The sun …
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