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Shares soar in mpox vaccine maker Bavarian Nordic
Shares soar in mpox vaccine maker Bavarian Nordic
Economy
by  AFP

Shares in Danish drugmaker Bavarian Nordic, which manufactures a vaccine targeting mpox, soared Thursday after the World Health Organization (WHO) declared an mpox surge in Africa a global public health emergency. Bavarian Nordic, whose vaccine has been licensed for preventing mpox since 2019, saw its shares rise more than eight percent on the Copenhagen Stock Exchange by midday on Thursday.

Walmart lifts earnings outlook after revenues rise
Walmart lifts earnings outlook after revenues rise
Economy
by  AFP

The US retail giant Walmart reported a rise in revenues on Thursday on increased e-commerce and advertising sales, and raised its outlook for the year. The results beat analyst estimates, causing it to raise its outlook for the year.