In a statement ThoughtWorks Inc, a software consultancy company said, its parent Turing Holding Corp had confidentially submitted paperwork for an initial public offering in the US. In January, ThoughtWorks, which helps firms digitize their operations, was valued at $4.6… Read More ›
In a statement, Bristol-Myers Squibb Co and Eisai Co said, they had entered into an agreement to jointly develop and market an experimental cancer drug worth up to $3.10 billion. Bristol-Myers would pay $650 million, including for research and development… Read More ›
In a statement lawyers of two environmental groups have submitted an injunction to a German court against provisional factory permits for US electric carmaker Tesla factory in Gruenheide Berlin. The associations Gruene Liga and Nabu have asked the court to… Read More ›
According to sources familiar with the matter at hand, Boeing Co is readying the largest member of its 737 MAX family for its maiden flight, in what is probably an effort to close the sales gap with its European peer Airbus…. Read More ›
In a statement Indonesia’s flagship carrier, Garuda Indonesia said, it could not distribute coupon payments for its $500 million sukuk after a 14-day grace period, with the airline’s finances still significantly impacted by the coronavirus pandemic. “Under these circumstances, and… Read More ›
In a stock exchange filing, AirAsia X Bhd said, the Malaysian high court has granted it a nine-month extension on a restraining order preventing creditors from filing any legal proceedings against it. Earlier this year in March, the Malaysian high… Read More ›
With the United Kingdom reopens its economy after the multiple Covid-19 induced lockdowns, inflation in the British economy is set to continue to rise after an unexpected rise in May when it hit 2.1 per cent and was above the… Read More ›
Consumer inflation in the euro zone increased in May as had been expected by economists because of a sharp surge in energy prices as well as more expensive services, according to data released on Thursday which pushed the pace of… Read More ›
No assistance for El Salvador’s bitcoin implementation could be provided by it because of environmental and transparency drawbacks, the World Bank said on Wednesday. “We are committed to helping El Salvador in numerous ways including for currency transparency and regulatory… Read More ›
Japan, the third largest economy of the world managed to offset sluggish domestic demand by a rise in its exports in May which grew at the fastest pace in the month since 1980, along with a key gauge of capital… Read More ›
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