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AstraZeneca pauses coronavirus vaccine trial, rollout doubts dent shares

AstraZeneca has paused global trials of its experimental coronavirus vaccine after an unexplained illness in a participant, denting the British drugmaker’s shares on Wednesday as the move was seen as dimming prospects for an early rollout. On Tuesday, AstraZeneca said it voluntarily paused trials, including late-stage ones, to allow an independent committee to review safety data, and it was working to expedite the review to minimise any potential impact on the trial timeline. The vaccine, which AstraZeneca is developing with the University of Oxford, has been described by the World Health Organization (WHO) as probably the world’s leading candidate and the most advanced in terms of development. “It is obviously a challenge to this particular vaccine trial,” Britain’s Health Secretary Matt Hancock told Sky News, adding: “It’s not actually the first time this has happened to the Oxford vaccine”. The trial’s suspension triggered a 2% fall in AstraZeneca’s shares in London and a 12% dro...
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The Future of Remote Work: Transformations and Trends

The landscape of work is undergoing a monumental transformation, with remote work at the forefront of this change. This shift, accelerated by the global pandemic, is reshaping how businesses operate and how employees perceive their roles within organizations. As we look to the future, several key trends are emerging that will define the next era of remote work. 1. Increased Flexibility and Hybrid Models One of the most significant changes is the adoption of hybrid work models. Companies are increasingly offering employees the flexibility to split their time between the office and home. This approach caters to diverse preferences, recognizing that some tasks are best performed in a collaborative office environment while others benefit from the quiet and comfort of home. Hybrid models aim to maximize productivity and employee satisfaction by providing the best of both worlds. 2. Advancements in Technology The backbone of successful remote work is technology. Innovations in communication ...
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