Long-time Chief Executive Officer Ben Silbermann of Pinterest would step down, handing over the reins of the social media platform to Google...

Stock Market

Google executive to take over as a new CEO of Pinterest

Top accounting firm Ernst & Young has been slammed with a record $100 million fine from the US government...

Stock Market

Accounting firm gets 100 million fine for faulty regulations

The Indian rupee slipped into a fresh low today and extended losses against the US dollar.

Forex

The rupee tumbled to a new low against the dollar in the midst of an increase in crude oil price

Wall Street saw a sharp fall at its closing in a broad sell-off. Consumers' worries over recession have sparked up...

Stock Market

Wall Street Lose Balance after recession strikes growth fear among consumers’

Soaring inflation may be pushing the US economy into a deep recession. Last week's 0.75% interest rate hike by the Federal Reserve...

Stock Market

Inflation ringing the recession bell - Mohammed Shaheen

Coronavirus

4 Mar 2022

U.K. Scientists Discover New Life-Saving COVID-19 Medicine

The Index Today

Scientists in the United Kingdom have discovered a new life-saving drug that can help people fight against COVID-19, reported BBC News.

Trials on the anti-inflammatory baricitinib, which is usually used to treat rheumatoid arthritis, show that it can reduce the chances of fatalities in patients hospitalized with COVID-19 by almost a fifth. Experts have revealed that this drug can be used in combination with other coronavirus interventions like dexamethasone to improve the chances of recovery.

This discovery comes as scientists across the world continue to research newer and more effective treatment methods, in addition to vaccines, for COVID-19 which has claimed nearly six million lives worldwide so far.

Prior to this, researchers determined tocilizumab, dexamethasone, and Ronapreve as effective treatment measures against COVID-19 which have already saved thousands of people from succumbing to the coronavirus.

Clay pottery with table linens