Author Archives
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Acquisition Bid For Respiratory Drugmaker Vectura Raised By Tobacco Giant Philip Morris
Its bid to buy respiratory drugmaker Vectura has been raised to more than £1bn by Tobacco giant Philip Morris. Inhaled medicines and devices for treating respiratory illnesses such as asthma is made by Vectura and its customers include the likes… Read More ›
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A Formal Two-Year Contract Offer From PSG To Lionel Messi After His Barcelona Exit
Football super star Lionel Messi has been formally made an offer for a two-year contract to join Paris Saint-Germain, claimed several reports. An initial two-year deal has reportedly been offered by the French football club which is believed to be… Read More ›
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Chinese Regulators To Curb Unruly Online Fans And Pop Culture Shows
Strict action was taken against “unhealthy” online fan groups by Chinese internet and media regulators even as supporters of pop star Kris Wu flooded Chinese social media platforms to claim that innocence of the singer and to defend him against… Read More ›
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Big Growth In Sales Reported By Nivea Maker Beiersdorf
A rebound in demand for its adhesives and its dermatological brands helped Nivea maker Beiersdorf to report sales that were higher than before the pandemic with the stocks of the company rising by more than 5 per cent during early… Read More ›
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The International Space Station Destabilised By A Mishap On A Russian Module
An inadvertent firing up of the engines of a newly arrived Russian module destabilised the International Space Station (ISS) kin a recent incident. “Mission control teams corrected the action and all systems are operating normally,” United States space agency Nasa… Read More ›
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Amazon Needs More Warehouses To Buck Its Slowdown Forecast
Billions of dollars is still needed to be spent by Amazon.com Inc for expansion of its warehouses and its delivery systems. However that could put more pressure on the company’s shares which dropped by 7 per cent on Friday after… Read More ›
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WHO Warns Hard-Won Gains Against Covid-19 Could Be Lost To Delta Variant
The spread of the highly transmissible delta variant of the novel coronavirus could pose a threat to the hard-won gains in fighting Covid-19 that the world has achieved so far, warned the World Health Organization on Friday but added that… Read More ›
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Luxury Brand Prada Forecasts Continued Sales Growth In Second Half
Following expectation beating revenues for the first six months of the current year, Italian fashion group Prada forecast continued growth in sales for the he second half of the year as the luxury brand continued to recover from the hit… Read More ›
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Strong Rebound In Euro Zone But Inflation Above ECB Target
The euro zone economy put off a Covid-19 pandemic induced recession in the second quarter as it grew faster than expected with the easing of restrictions and curbs to stop the spreading of infections. However the inflation shot past… Read More ›
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Europe Inc Emerge From Pandemic Blues With Strong Results
A generally buoyant mood among European companies staging a turnaround from the coronavirus pandemic was reflected in the better than expected financial earnings as reported on Thursday by carmaker Volkswagen, plane maker Airbus and energy major Royal Dutch Shell. The… Read More ›
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