Commodities
Curevac downsizes manufacturing for Covid-19 jab amid reduced demand
CureVac has downsized its capacity for manufacturing its first generation Covid-19 vaccine due to what it said was the lower-than-expected peak demand for the shot and due to the decreased need thanks to ongoing vaccinations globally.
US core CPI slows more quickly than expected in August
Consumer level inflation in the US slowed more quickly than expected last month as the Delta variant of Covid-19 took its toll on travel-related sectors, including airlines and hotels.
BP names new head of gas and low carbon energy operations
BP has named Anja-Isabel Dotzenrath, the former head of German utility RWE's renewables unit, as its new chief executive vice-president of its gas and low carbon energy operations.
Asia close: Chinese stocks drop on Covid outbreak, Nikkei hits over 31-year high
Asia Pacific stocks finished on a mixed note on Tuesday with a small outbreak of Covid-19 in China's Fujian province dragging on that country's stock markets even as Japan's Nikkei-225 hit a more than 31-year high.