From Yahoo Finance: 2025-03-13 08:40:23

Wall Street analysts are placing high hopes on new Intel CEO Lip-Bu Tan, believing he is the chipmaker’s last chance for a turnaround. With Intel facing stiff competition and production delays, Tan’s leadership will be closely watched by investors and industry experts.

In a bid to address climate change, the European Union has proposed a sweeping plan to reduce greenhouse gas emissions by at least 55% by 2030. The plan includes phasing out coal and increasing renewable energy sources, aiming to make Europe the first carbon-neutral continent by 2050.

As COVID-19 cases surge in India, the country is facing a shortage of medical oxygen, leading to a critical situation in hospitals. With overwhelmed healthcare facilities and a lack of resources, India is seeking international aid to help manage the crisis and save lives.

In a landmark decision, the US Food and Drug Administration has authorized the Pfizer-BioNTech COVID-19 vaccine for emergency use in adolescents aged 12 to 15. The move is expected to help expand vaccination efforts and bring the country closer to achieving herd immunity against the virus.

Read more: Wall Street says new Intel CEO Lip-Bu Tan is the chipmaker’s only shot