India s dramatic fall in coronavirus cases leaves experts stumped
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A health worker takes a swab sample of a commuter to test for COVID-19 at a train station in Mumbai.
(AP)
. Updated: 16 Feb 2021, 11:44 AM IST AP
Infections began to plummet in September, and now the country is reporting about 11,000 new cases a day
Experts have suggested many possible explanations for the sudden drop including that some areas of the country may have reached herd immunity
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NEW DELHI: When the coronavirus pandemic took hold in India, there were fears it would sink the fragile health system of the world’s second-most populous country. Infections climbed dramatically for months and at one point India looked like it might overtake the United States as the country with the highest case toll.
Big oil companies invests in startup that drills for clean energy
P and Chevron, new investors in Eavor Technologies Inc. include Temasek Holdings Pte Ltd, BDC Capital Corp, Eversource and Vickers Venture Partners.
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Eavor Technologies plans to expand geothermal power beyond places like Iceland that have volcanic conditions
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Companies including the venture arms of BP Plc and Chevron Corp. invested $40 million in a startup that aims to use the fossil fuel industry’s drilling experience to expand a technology that harvests low-carbon energy from heat below the earth’s surface.
Eavor Technologies Inc. plans to expand geothermal power beyond places like Iceland that have volcanic conditions. The technology could be a way to replace fossil fuels and nuclear power plants as a low-carbon source of electricity that can be dispatched to the grid whenever it’s needed.
GameStop investors who bet big and lost big
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A 3d printed Robinhood logo is seen in front of displayed GameStop logo in this illustration taken February 8, 2021. REUTERS/Dado Ruvic/Illustration
(REUTERS)
Rachel Louise Ensign
, The Wall Street Journal
GameStop and the Reddit-fueled frenzy around it have been celebrated as a triumph for small investors. But lots of them are in the red.
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Salvador Vergara was so enthusiastic about GameStop Corp. in late January that he took out a $20,000 personal loan and used it to purchase shares. Then the buzzy stock plunged nearly 80%.
GameStop’s volatile ride is hitting the portfolios of individual investors like Mr. Vergara who purchased the stock in a social-media-fueled frenzy. These casual traders say GameStop was their “YOLO, or “you only live once, trade. They bought around its late January peak, betting it would continue its astronomical climb. While some cashed out before it crashed, others
The UN agency said that the initiative will act as a global logistics preparedness mechanism for other humanitarian and health crises over the longer-term.