According to new research46 million jobs from the global aviation industry could be wiped off because of the impact of the novel coronavirus pandemic which has almost decimated the global airline market and industry. This report highlights the degree of… Read More ›
Month: September 2020
Europe Gives Nod To 15-Minute Coronavirus Test
Europe has approved a test for Covid-19 that can yield results in just 15 minutes and can be done at the point of care without the need for elaborate testing facilities, said Becton Dickinson, the maker of the test kit…. Read More ›
Fishing Concessions Offered By UK To EU To Sweeten Its Brexit Offer
In an effort to sweeten its Brexit deal offer at the eleventh hour, the United Kingdom has made a new offer to the European Union in which it said that it was willing to allow for a three-year transition period… Read More ›
WTO Allows EU To Impose Tariffs Against $4Bn US Goods Over Boeing Subsidies: Reports
The European Union has been allowed by the World Trade Organization to impose import tariffs on products from the United States worth $4 billion as a retaliatory measure to US tariffs on EU products over the WTO case of subsidies… Read More ›
Survey Suggests Over 60 Million People In India May Have Been Infected By Covid-19
A new health survey in India has indicated that more than 63 million Indian had been infected already by Covid-19, the disease caused by the novel coronavirus. According to health authorities the actual number of infected people in India is… Read More ›
British car parts will attract EU tariffs, with or without a deal: BBC
In a report the BBC said, the UK has so far failed to persuade the EU to accept car parts from Japan and Turkey as British when they are used in Britain, thus implying that such automotive exports from Britain… Read More ›
U.S. Fund General Atlantic acquires 0.84% stake in India’s Reliance Industries Ltd for $498.31 million
On Wednesday, India’s Reliance Industries Ltd stated, U.S. Fund General Atlantic plans on investing $498.31 million (36.75 billion rupees) for a 0.84% stake in its retail arm, marking it as the latest entrant in a series of investments at the… Read More ›
Pfizer Inc acquires 9.9% stake in Shanghai-based CStone Pharmaceuticals for $200 million, eyes collaboration
On Wednesday, in a statement, CStone Pharmaceuticals stated, a unit of Pfizer Inc has agreed to acquire a 9.9% stake in it for $200 million (HK$1.55 billion). With the news reaching the market the shares of the Hong Kong-listed biopharmaceutical… Read More ›
Alex Schultz named as Facebook’s Chief Marketing Officer
In a statement Facebook Inc said, it has appointed Alex Schultz, a company veteran, as its new chief marketing officer. Schultz “runs product growth, analytics and internationalization” at Facebook Inc. A former eBay Inc employee, Schultz is set to replace… Read More ›
NextEra Energy interested in acquiring peer Duke Energy Corp
According to sources familiar with the matter at hand, NextEra Energy Inc, a power producer, has recently made a takeover approach towards its peer Duke Energy Corp. Despite Duke, which has a market value of more than $60 billion, rebuffing… Read More ›