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Pfizer earnings jump on strong sales of Covid-19 products
Pfizer earnings jump on strong sales of Covid-19 products
by  AFP

Pfizer reported a jump in second-quarter profits Thursday behind a near doubling of revenues driven by sales of its Covid-19 vaccine and therapeutic drug Paxlovid. Revenues for the vaccine came in at $8.8 billion, up 13 percent from the year-ago period, while sales of Paxlovid were $8.1 billion -- a big jump over the prior quarter following a five-fold growth in US utilization.

US airline JetBlue announces $3.8 bn acquisition of Spirit
US airline JetBlue announces $3.8 bn acquisition of Spirit
by  AFP

JetBlue Airways plans to acquire low-price carrier Spirit Airlines for $3.8 billion, the companies announced Thursday, in what would establish the fifth largest US airline. The companies plan to argue the deal will help consumers.

Volkswagen 'confident' despite global headwinds
Volkswagen 'confident' despite global headwinds
by  AFP

German auto giant Volkswagen said Thursday that it was able to overcome global economic headwinds and supply chain issues to put in a "robust" performance in the first six months of 2022. - Easing supply constraints - Looking ahead, Volkswagen said it "confirms its outlook for 2022... as supply constraints ease."

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