Could a common vaccine used for decades to protect against tuberculosis help shield health workers from COVID-19?
While developing a specific immunisation against the coronavirus sweeping the planet will likely take many months, researchers are studying the potential benefits of the BCG shot, which many people around the world receive as children.
Laboratories and pharmaceutical firms are racing to find medicines to tackle COVID-19, which has infected more than a million people, killed at least 50,000 and for which there is currently no known treatment, vaccine or cure.
They are also looking at repurposing existing drugs.
- Experts remain cautious -
"We have known for decades that BCG has non-specific beneficial effects", in that it protects against diseases other than the one for which it was created, Camille Locht, of the French public health research institute Inserm, told AFP.
Children vaccinated with BCG suffer less from other respiratory illnesses, it is used to treat certain bladder cancers and it could protect against asthma and autoimmune diseases such as type 1 diabetes.
Researchers want to test whether the tuberculosis vaccine could have a similar effect against the new coronavirus, either by reducing the risk of being infected, or by limiting the severity of the symptoms.
In France, where the BCG vaccine was compulsory until 2007, "most of the study participants will have already had a first vaccination", but the protective effect of this decreases over time, said Locht.
Because healthcare workers are on the front lines of the efforts to tackle COVID-19, they should be the "first target" if there is any benefit found with the BCG vaccine, said Locht, who is finalising details for a clinical trial in France.
But experts remain cautious on the potential of the BCG to provide protection.
- 'Military exercise in peacetime' -
"That is exactly the reason for this research," says Mihai Netea, professor of experimental internal medicine at Radboud University in the Netherlands, which recently announced a clinical trial, with the University of Utrecht involving hundreds of healthcare workers.
This will see 500 medical professionals receive the BCG jab and 500 get a placebo.
"If during this epidemic fewer people in the BCG-vaccinated group would drop out due to illness, this would be an encouraging result," added Netea, a specialist in "trained immunity".
This is a relatively new concept based on the discovery that our innate immune response -- the body's generalised defences -- also has a memory, alongside the acquired immunity, which develops antibodies after coming into contact with a specific pathogen.
The BCG vaccine does not directly protect against the coronavirus, but provides a boost to the immune system which may lead to improved protection and a milder infection, Radboud university said of the study.
The idea is that the innate immune system can be prepared, or "trained" to better combat attacks, thanks in particular to live attenuated vaccines, such as BCG or measles, which contained a weakened sliver of the original pathogen.
In the case of COVID-19, in addition to infection by the virus itself, some patients have also suffered excessive immune responses, with the uncontrolled production of pro-inflammatory proteins, cytokines.
"Vaccination, in particular against BCG, might help to better orchestrate this inflammatory immune response," said Laurent Lagrost, Inserm research director who works on links between inflammation and the immune system.
The vaccine acts as a "military exercise in peacetime" so that the body can "fight the enemy effectively in wartime," he said in an interview this week with French broadcaster BFMTV.
- International effort -
A separate trial of the BCG vaccine has also been launched in Australia, with some 4,000 health workers, by the Murdoch Children's Research Institute.
Microbiologist Locht wants to harmonise the criteria of the French study with that planned in four Spanish hospitals, in order to better compare their results.
However, researchers in Spain, instead of using the BCG, would like to try a new tuberculosis vaccine developed by the biotech firm Biofabri.
This vaccine candidate, whose safety has already been demonstrated, should offer "better protection", said Carlos Martin, professor of microbiology at the University of Zaragoza, because it is "developed from a strain isolated in humans".
In contrast, he said the BCG is prepared from a strain of the bacteria that infects cattle, and two genes very important to the virulence of tuberculosis have been deactivated in the vaccine candidate.
Another advantage of the new vaccine is that it is made in Europe and could be quickly made available, while the BCG suffers from strong supply tensions and using it for adults against COVID-19 could deprive children of it in countries where tuberculosis remains endemic.
In Germany, the Max Planck Institute for Infectious Biology is also preparing a trial with a genetically-modified vaccine candidate, developed by the Serum Institute of India.
In coordination with these countries, Inserm announced on Thursday that clinical trials could also be launched in Africa, where health systems are expected to come under acute pressure from the coronavirus pandemic.
THE recently finalised UK-India free trade agreement (FTA) is set to dramatically reduce prices for British imports in India while opening significant new markets for Scottish exports, industry leaders have confirmed.
Under the FTA announced in May, India will slash duties on UK whisky and gin from 150 per cent to 75 per cent immediately, with further reductions to 40 per cent over the next decade.
The agreement, expected to add £25.5 billion annually to the current two-way trade of £41bn, will make premium Scotch whiskies considerably more affordable for Indian consumers.
"The FTA is expected to improve access to premium Scotch whiskies by making them more competitively priced, as reductions in import duties on bottled-in-origin products will translate into lower retail prices across most states," said a spokesperson for Pernod Ricard India, the country's leading spirits company.
Pernod Ricard India, which owns brands including Chivas Regal, The Glenlivet and Royal Salute, described the agreement as "a positive step forward for both the industry and consumers".
The company's rival, Diageo, which owns Johnny Walker, has predicted "high single digit" price reductions for consumers alongside additional volume growth.
However, industry experts suggest the impact on India-made foreign liquor (IMFL) will be minimal, as these products remain at significantly lower price points. Pernod Ricard confirmed that brands such as Blenders Pride, Imperial Blue and Royal Stag would see little change in pricing.
The agreement extends beyond spirits to unlock entirely new markets for Scottish produce. Downing Street highlighted that the FTA had "unlocked a new salmon market through our deal with India, with tariffs dropping from 33 per cent to zero per cent".
Tavish Scott, chief executive of Salmon Scotland, welcomed the development, stating: "Securing frictionless access to key markets such as the EU, along with expanding opportunities in India, is crucial to protect our producers from unnecessary barriers like tariffs and red tape."
Prime minister Keir Starmer stressed the broader economic benefits for Scotland, saying: "These trade deals deliver long-term security for people in Scotland. They will create opportunities for more seamless trade and attract inward investment to grow the economy, making a difference to people's lives."
He added that consumers would benefit from "lower food prices at the checkout, more choice for consumers and higher living standards that will improve livelihoods across Scotland".
Business and trade secretary Jonathan Reynolds described the India deal, alongside recent agreements with the US and EU, as evidence that "this government is serious about striking the deals that our businesses want and need".
Secretary of state for Scotland Ian Murray highlighted the diverse opportunities: "From our world-renowned whisky distilleries to our cutting-edge green energy sector, Scotland has so much to offer international markets."
The FTA has also received cautious support from Indian producers. Goa-based John Distillers, makers of Paul John whisky, called the agreement "a significant step" towards strengthening bilateral trade, while acknowledging potential short-term challenges for domestic products.
"This may have a short-term impact on Indian products in India, however, we are confident about the quality of our products and believe we can rise to the challenge," the company said, expressing hopes for improved market access for Indian products in the UK.
The agreement also covers soft drinks and food exports, which the UK government says will "ramp up" Scotland's export economy.
With formal signing expected in the coming weeks, industry leaders are now awaiting final details of the FTA implementation.
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Victoria’s Secret has not disclosed if law enforcement agencies are involved in the investigation
Victoria’s Secret temporarily took down its website and suspended some in-store services in the U.S. on Wednesday following a “security incident.”
Customers visiting the lingerie retailer’s site were met with a black screen displaying a message that read: “Valued customer, we identified and are taking steps to address a security incident. We have taken down our website and some in-store services as a precaution. Our team is working around the clock to fully restore operations. We appreciate your patience during this process. In the meantime, our Victoria’s Secret and PINK stores remain open and we look forward to serving you.”
A spokesperson for Victoria’s Secret told FOX Business that the company immediately activated its response protocols after identifying the incident. “Third-party experts are engaged, and we took down our website and some in-store services as a precaution,” the spokesperson said. “We are working to quickly and securely restore operations.”
Customers visiting the lingerie retailer’s site were met with a black screen Victoria's Secret
The company generated around $2 billion in digital sales in 2024, accounting for approximately one third of its total revenue.
Following the website outage, Victoria’s Secret’s shares fell nearly 7% on Wednesday.
At this time, the exact nature of the security incident remains unclear, and the company has not confirmed whether any customer data was compromised.
Victoria’s Secret has not disclosed if law enforcement agencies are involved in the investigation.
It is also unknown how long the website and services will remain offline as the company continues to address the issue.
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OYO founder Ritesh Agarwal (Photo by CHANDAN KHANNA/AFP via Getty Images)
GLOBAL travel-tech unicorn OYO has arranged for five investment banks to meet its key shareholder SoftBank in June, in a crucial presentation that could determine the company's path to public listing, sources said.
The banks include Citi, Goldman Sachs and Jefferies from the global banking consortium, alongside ICICI Securities and Axis Capital representing Indian financial institutions.
SoftBank, which remains one of OYO's largest shareholders, is interested in understanding the key positioning strategies, expected valuation metrics and anticipated investor appetite for the offering.
The high-stakes meeting is scheduled to take place at SoftBank's London office on Grosvenor Street, where the banks will present their IPO strategies to SoftBank's Sumer Juneja.
OYO founder Ritesh Agarwal and his senior leadership team will also participate in the discussions, sources close to the development said.
The Japanese conglomerate's view is considered important for the IPO's timing, given its significant stake in the hospitality startup.
"SoftBank is positive about their portfolio companies such as OYO which have shown strong performance. For OYO, raising primary issuance will lead to a sharp increase in its earnings per share by using the proceeds to prepay some of its debt," said a person close to the development.
OYO is targeting a share dilution of 10 per cent in the proposed public offering, through a combination of primary and secondary components to ensure the lowest possible dilution, since the company is already generating cash, the person added.
According to sources, SoftBank has been encouraging OYO over the past few months to start working actively towards a public listing, since the company has been exceeding the agreed financial milestones such as EBITDA and gross bookings growth.
The London meeting comes as OYO has intensified its thinking about an IPO over the past month, transitioning from informal discussions to active pitch presentations with major banking institutions.
According to reports, the company is considering filing its draft red herring prospectus (DRHP) between August and September this year.
The timing of the filing remains flexible, with OYO weighing whether to proceed with FY25 financial results or wait for H1 FY26 results to strengthen its market position.
Reports said that OYO is targeting an IPO launch in the last quarter of the current financial year, positioning itself to capitalise on improved market sentiment and its own operational turnaround.
The renewed IPO push comes after OYO had previously filed and refiled its draft papers with the Securities and Exchange Board of India (SEBI) in 2021, seeking to raise more than £780 million through a public offering. The company withdrew those papers in 2024.
In recent times, OYO has streamlined its global operations while strengthening its presence in key markets, including India, the US, Europe and Southeast Asia.
Sources indicated that the company's improved financial metrics and operational efficiency have renewed investor confidence, prompting the fresh attempt at going public.
(PTI)
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Nationwide’s annual pre-tax profits rose to £2.3 billion from less than £1.8 billion a year earlier. (Photo: Getty Images)
NATIONWIDE Building Society will hand £100 each to more than four million members after it reported an increase in profits following its takeover of Virgin Money.
The payment, Nationwide’s third “fairer share” payout, will total about £410 million. It comes on top of £1 billion of cash returned to members in the year to the end of March, and £1.8 billion of benefits passed on through competitive savings and mortgage rates, reported The Times.
Nationwide’s annual pre-tax profits rose to £2.3 billion from less than £1.8 billion a year earlier. This rise was supported by the acquisition of Virgin Money, which formally completed at the beginning of October.
Debbie Crosbie, the chief executive of Nationwide, said the mutual had experienced “an outstanding twelve months”.
“The Virgin Money performance was strong in the six months since our acquisition, with improvements in customer service and a return to growth in mortgage lending,” Crosbie said.
Crosbie had announced Nationwide’s £2.9 billion deal to acquire Virgin Money in March last year, moving it ahead of NatWest as the UK’s second-biggest mortgage lender. Some members had criticised the takeover as they were not given a say in the deal.
Nationwide recently gave 12 million members with a mortgage, current or savings account a £50 payment totalling £615 million, in addition to its second fairer share payment of £385 million last June.
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Retailers such as Currys and The Game Collection are also offering launch bundles
The highly anticipated Nintendo Switch 2 will officially launch in the UK on 5 June, with select retailers preparing midnight openings and special launch events. As demand remains high and stock levels fluctuate, gamers across the country are racing to secure a pre-order ahead of release day.
Smyths Toys will open all of its UK stores at 12:01am on 5 June, offering Click & Collect for those who pre-ordered and a limited number of consoles for walk-in customers. Several branches, including Boucher Road in Belfast, Glasgow, Stockport, Romford and Hull, will open early at 11pm on 4 June to host launch demo events. These locations will allow fans to test the new Mario Kart World before it officially releases, and the first 100 attendees at each event will receive a complimentary goodie bag.
The Nintendo Switch 2 maintains the hybrid design of its predecessor but comes with several hardware upgrades. It features a larger 7.9-inch HDR LCD display, 256GB of internal storage, and a performance boost that supports 4K output when docked. A standout innovation is the new Joy-Con 2 controllers, which attach magnetically and function similarly to computer mice, allowing for more interactive gameplay.
A leaked setup video surfaced online earlier this week, revealing the console’s updated interface and Joy-Con functionality. Although most features remain locked behind a day-one update, the footage suggests that the console is already in circulation ahead of the official launch.
Nintendo
Pre-orders have been selling out rapidly, but a few retailers continue to offer limited stock. The standalone Nintendo Switch 2 is listed at £395.99 on Nintendo.co.uk, while the official Mario Kart World bundle—priced at £429.99—includes a digital copy of the game alongside the console, controllers, dock, grip and cables.
Retailers such as Currys and The Game Collection are also offering launch bundles. Currys is retailing a £579 package that includes Mario Kart World, Street Fighter 6, a Switch 2 camera, a 256GB microSD Express memory card, a carrying case and a screen protector. Meanwhile, The Game Collection has a £609.95 bundle with Cyberpunk 2077, Hitman: World of Assassination, and other accessories. A £644.95 version adds Mario Kart World to the mix.
While the My Nintendo Store frequently sees stock come and go, customers require an active Switch Online membership—currently £5.99 from Cdkeys.com—to complete their purchase. Currys and The Game Collection offer alternatives without this requirement.
- YouTubeYouTube/ Nintendo UK
Other UK retailers, such as Very, ShopTo, Amazon, EE, JD Williams, John Lewis, Kaleidoscope, HMV and Game, have seen fluctuating availability, with many selling out as early as mid-May. Amazon is reportedly restocking intermittently via workaround links.
Beyond the console itself, several accessories and upcoming games are available for pre-order. Donkey Kong Bananza, a new 3D platformer exclusive to Switch 2, launches on 17 July and is available for £64.99. Accessories like the redesigned £74.99 Pro Controller, £49.95 Switch 2 camera, and £49.95 Nintendo-branded microSD Express cards are also being promoted for early adopters.
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For those looking to travel with their new console, Nintendo offers an all-in-one carrying case for £66.99, as well as a simpler £20.99 case and screen protector combo.
With the Nintendo Switch 2 midnight launch in the UK just days away, those hoping to secure a unit on release day will need to act fast, either by attending one of the midnight store openings or securing a final pre-order online. The console's enhanced hardware, innovative controller design and backwards compatibility make it a significant step forward for Nintendo’s hybrid gaming platform.
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