Author Archives
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British Prime Minister Boris Johnson launches mass COVID-19 testing program, opens up sections of economy
On Monday, British Prime Minister Boris Johnson said everyone in England will be in a position to take a COVID-19 test twice a week in a development that sees the government’s vaccine rollout continue at a rapid pace. Johnson is… Read More ›
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Emergent BioSolutions Inc receives J&J’s COVID-19 vaccine order for $23M
Late of Sunday, Emergent BioSolutions Inc said, a key U.S. agency has increased an order related to the manufacturing of Johnson & Johnson’s COVID-19 vaccine, by $23 million. “The amount will be used to purchase biologics equipment specific to J&J’s… Read More ›
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Icahn Enterprises appoints Aris Kekedjian as CEO
In a statement billionaire activist investor Carl Icahn said, Aris Kekedjian, a former General Electric Co executive will be named as Icahn Enterprises LP’s CEO. Kekedjian, who was the U.S. conglomerate’s chief investment officer until 2019, will be appointed as… Read More ›
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Air France-KLM’s board expected to meet on Monday on refinancing plan
According to two sources familiar with the matter at hand, Air France-KLM’s board is expected to meet on Monday to discuss a state-backed refinancing plan aimed at strengthen its balance sheet following a year of coronavirus-induced shutdowns. Sources went on… Read More ›
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UK firms seeing long-term disruption in supply chain from Brexit: Survey
According to the results of a survey that was published on Saturday, the vast majority of British companies have faced trade related disruptions with the European Union following Brexit, with many expecting the issues to persist in the foreseeable future…. Read More ›
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United Airlines to hire 300 pilots on rebound of domestic leisure demand
According to an internal memo from United Airlines, the airlines aims to hire nearly 300 pilots following the COVID-19 inoculation drive which is fueling a rebound in travel demand. United, which has more than 12,000 pilots, will hire pilots who… Read More ›
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Family offices should be brought back within regulatory oversight: Democratic Commissioner Dan Berkovitz
According to a Democratic commissioner, the Commodity Futures Trading Commission (CFTC), should reverse its loosening of oversight of family offices. His comments come in the wake of the blowup of Archegos Capital. The downfall of the family office run by… Read More ›
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Citadel Securities appoints Kenneth Griffin as Chief Legal Officer
In a statement electronic trading firm Citadel Securities said, it has appointed Heath Tarbert as its chief legal officer. The development comes after Tarbert resigned as chair of the Commodity Futures Trading Commission (CFTC). Citadel, co-founded by billionaire investor Kenneth… Read More ›
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SK Innovation did not violate LG Energy Solution battery related patents: U.S. International Trade Commission
In a significant development for South Korea’s SK Innovation Co Ltd, the U.S. International Trade Commission (ITC) has ruled that the South Korean battery company did not violate LG Energy Solution’s battery-related patents. The initial determination by the ITC marks… Read More ›
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More than 70 Hong Kong listed companies suspended from trading
According to stock exchange filings, share of more than 70 Hong Kong-listed companies have been suspended from trading on Thursday morning. Since the companies had not published their 2020 full year results as of March 31, 2021, under Hong Kong’s… Read More ›
