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Moderna to push backup experimental flu shot after setback

BLOOMBERG Moderna Inc said a final-stage study of its first experimental flu shot hasn’t accumulated enough data to determine efficacy, and the company will advance another candidate. Moderna tested its messenger RNA flu shot against a traditional vaccine in a trial of about 23,000 people age 50 and older in the northern hemisphere. An independent panel of scientific advisers recommended ...

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South Korea fines Google $32mn for squeezing local rival One Store

BLOOMBERG South Korea fined Alphabet Inc’s Google 42.1 billion won ($32 million) for using its clout in the mobile app market to squeeze out a local rival, the latest sign of intensifying scrutiny on the US tech firm as it seeks to expand overseas. Google tried to block Korean platform rival One Store Co’s growth, Korea’s Fair Trade Commission said ...

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Cook to open first Apple stores in India

BLOOMBERG Apple Inc Chief Executive Officer Tim Cook has scheduled a trip to open the iPhonemaker’s first stores in India next week, underscoring the company’s ambitions for the country as a growth market and manufacturing base. Cook is likely to preside over the opening of the twin outlets in India’s financial and political capital, people familiar with the matter said, ...

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