Business Extra in Davos: Tech Mahindra CEO on the ‘good’ recession


Davos, Switzerland
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  • Arabic

At the World Economic Forum's Annual Meeting in Davos, Switzerland, CP Gurnani, chief executive of Indian information technology company Tech Mahindra, talks to host Mustafa Alrawi about the outlook for 2023.

Mr Gurnani says the impact of a global economic slowdown will not be generic. Depending on the region, there will be circumstances to mitigate some of the effects of a recession, with no uniform pattern, he says.

South-East Asia and the Middle East are expected to see growth, Mr Gurnani says, while he remains optimistic about the US and Europe.

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Sinopharm vaccine explained

The Sinopharm vaccine was created using techniques that have been around for decades. 

“This is an inactivated vaccine. Simply what it means is that the virus is taken, cultured and inactivated," said Dr Nawal Al Kaabi, chair of the UAE's National Covid-19 Clinical Management Committee.

"What is left is a skeleton of the virus so it looks like a virus, but it is not live."

This is then injected into the body.

"The body will recognise it and form antibodies but because it is inactive, we will need more than one dose. The body will not develop immunity with one dose," she said.

"You have to be exposed more than one time to what we call the antigen."

The vaccine should offer protection for at least months, but no one knows how long beyond that.

Dr Al Kaabi said early vaccine volunteers in China were given shots last spring and still have antibodies today.

“Since it is inactivated, it will not last forever," she said.

 

 

Lexus LX700h specs

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Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000

Updated: January 16, 2023, 1:15 PM`
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