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Alibaba to merge food delivery, travel agency platforms into core E-commerce business
Alibaba to merge food delivery, travel agency platforms into core E-commerce business

CTV News

time23-06-2025

  • Business
  • CTV News

Alibaba to merge food delivery, travel agency platforms into core E-commerce business

Alibaba on Monday said it will merge its food delivery platform and online travel agency Fliggy into its core e-commerce business as the Chinese group streamlines operations amid intensifying competition. A prolonged property crisis and the economic fallout of the U.S.'s evolving trade policy have dampened spending appetite of Chinese shoppers. At the same time, Chinese e-commerce giants are engaged in a price war and have been aggressively expanding into 'instant retail,' which focuses on delivery times of just 30 to 60 minutes, to attract buyers. The company said the reorganization was a 'strategic upgrade' as it transitions from a traditional e-commerce company to a broader consumer-focused platform. 'Moving forward, the company will increasingly optimize its business models and organizational structures from the user's perspective to create richer, higher-quality consumer experiences,' it said. (Reporting by Zaheer Kachwala in Bengaluru; Editing by Tasim Zahid)

Europe reviews Valneva's chikungunya vaccine after reports of serious side effects
Europe reviews Valneva's chikungunya vaccine after reports of serious side effects

Yahoo

time07-05-2025

  • Health
  • Yahoo

Europe reviews Valneva's chikungunya vaccine after reports of serious side effects

(Reuters) -The European Union's health regulator said on Wednesday it was reviewing French drugmaker Valneva's chikungunya vaccine after reports of serious side effects in older adults. The European Medicines Agency's (EMA) safety committee has temporarily suspended the use of the vaccine, branded as Ixchiq, in adults aged 65 years and older. The company said it will continue to monitor the reported events and cooperate with health authorities, while actively exploring a potential update to the vaccine's indication. Ixchiq -- the first preventive shot against chikungunya virus to be authorized in the Europe as well as the U.S. -- contains a weakened strain of the virus that triggers the immune system to make antibodies. The vaccine carries the risk of causing severe chikungunya-like adverse reactions, the EMA said in a statement. Chikungunya is a mosquito-borne disease caused by the chikungunya virus. The most common symptoms of the infection are fever and joint pain. About 17 serious adverse events, including two deaths, have been reported so far globally in people aged between 62 and 89 years who had received the vaccine, the agency said. Two men aged 84 years and 77 years who had received the vaccine died in the French overseas territory of La Reunion, where a recent chikungunya outbreak has been reported. The exact cause of the adverse events and their relationship with the vaccine have not yet been determined, the agency said, adding that the affected individuals also had other health conditions. The French government suspended the use of the vaccine in persons aged 65 years and older last month pending investigation. Advisers to the U.S. Centers for Disease Control and Prevention had recommended the vaccine last month for adults traveling to a country or territory where there is a chikungunya outbreak. The recommendation is yet to be signed off by the CDC. (Reporting by Mariam Sunny in Bengaluru; Editing by Tasim Zahid and Shinjini Ganguli)

Europe reviews Valneva's chikungunya vaccine after reports of serious side-effects in older people
Europe reviews Valneva's chikungunya vaccine after reports of serious side-effects in older people

Reuters

time07-05-2025

  • Health
  • Reuters

Europe reviews Valneva's chikungunya vaccine after reports of serious side-effects in older people

Valneva logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights , opens new tab Companies Valneva SE Follow May 7 (Reuters) - The European Union's health regulator said on Wednesday it has begun a review of Valneva's ( , opens new tab chikungunya vaccine after reports of serious adverse events in older adults, including two deaths globally. Keep up with the latest medical breakthroughs and healthcare trends with the Reuters Health Rounds newsletter. Sign up here. Reporting by Mariam Sunny in Bengaluru; Editing by Tasim Zahid Our Standards: The Thomson Reuters Trust Principles. , opens new tab Share X Facebook Linkedin Email Link Purchase Licensing Rights

United Airlines cancels New Delhi flight amid India-Pakistan tensions
United Airlines cancels New Delhi flight amid India-Pakistan tensions

Zawya

time07-05-2025

  • Business
  • Zawya

United Airlines cancels New Delhi flight amid India-Pakistan tensions

AVIATION The carrier said it will monitor the situation and take calls on future flights as more information becomes available United Airlines said on Wednesday, it had canceled its flight to New Delhi for the day due to rising tensions between India and Pakistan and resulting airspace limitations. The carrier said it will monitor the situation and take calls on future flights as more information becomes available. (Reporting by Shivansh Tiwary in Bengaluru; Editing by Tasim Zahid) Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an 'as is' and 'as available' basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

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