With global pharma companies ramping up production of their respective vaccines, there is one firm that has already moved into the leading position. Even though the Serum Institute of India (SII) is not a household name, it is the… Read More ›
Month: February 2021
Australia’s Civil Aviation Safety Authority lifts ban on Boeing 737 MAX
On Friday, in a statement Australia’s aviation regulator stated, it will lift its ban on flights to and from the country that use Boeing Co’s 737 MAX aircraft. The development marks Australia as the first nation in the Asia-Pacific region… Read More ›
Tesla halts Model 3 production line in Fremont, California
According to a report from Bloomberg News, Tesla Inc has told workers at its car assembly plant in California that it will temporarily halt some production at the plant. Workers at Tesla’s Model 3 production line in Fremont have been… Read More ›
SoftBank backed Berkshire Grey AI-based logistics automation systems solutions provider to go public with SPAC in $2.7 billion deal
In a statement SoftBank-backed robotics firm Berkshire Grey said, it has agreed to go public through a merger with a blank-check company in a deal that values the combined company at $2.7 billion. The deal is expected to provide Berkshire… Read More ›
In Landmark Case, Court In China Orders Husband To Pay Wife For Housework
In a landmark ruling, a divorce court in Beijing, China has directed a man to give compensation to his wife against the housework she did during their marriage. The country ordered the man to play 50,000 yuan ($7,700) against the… Read More ›
Square’s Purchase Of Bitcoin Worth $170M Pushes It Over $50,000 Again
With the announcement by Square of it purchasing $170 million worth of the crypto currency bitcoin, the price of the largest crypto currency of the world in terms of market capitalization surged again, after a few days of dropping, and… Read More ›
EU Request For More Time For Ratification Of Brexit Deal Allowed By UK
The request of the European Union to postpone the ratification of their post-Brexit trade deal by a month was agreed to by the United Kingdom. This move however added on to the existing uncertainty into what is already a very… Read More ›
Jim Bell resigns as GameStop’s CFO
In a statement GameStop said, its Chief Financial Officer Jim Bell will be stepping down next month with the video game retailer saying, it is increasingly focusing on shifting into technology-driven sales. GameStop reiterated that Bell’s resignation was not due… Read More ›
Amazon.com Inc’s Senior Vice President Jeff Blackburn leaves the company
In an internal note, Amazon.com Inc’s Senior Vice President Jeff Blackburn said, he is leaving the company after having spent 22 years in the company. Blackburn used to oversee Amazon’s mergers and acquisitions division; he has been on a sabbatical… Read More ›
SEC suspends KPMG auditors Jennifer Stewart and Christopher Stanley for improper professional conduct
In a statement, the U.S. Securities and Exchange Commission said, it has suspended two former KPMG auditors from practicing before the regulator after it found that they had failing to properly conduct an audit of the now-defunct, not-for-profit college that… Read More ›
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