Author Archives
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Omicron infection enhances neutralizing immunity against the Delta variant
A study by scientists at South African shows, an infection by the Omicron variant enhances neutralizing immunity against the Delta variant. The yet-to-be peer-reviewed article, found that people who were infected with Omicron, especially those who were vaccinated, developed enhanced… Read More ›
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Credit Suisse preparing grounds to file lawsuit against SoftBank Group Corp in Britain
According to US court documents, Credit Suisse has sought information through the U.S. courts which could potentially lead to a situation wherein it can take a legal step against SoftBank Group Corp in Britain in an effort to recover funds… Read More ›
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Jared Kushner’s investment firm Affinity Partners raises more than $3 billion in committed funding
According to a source familiar with the fund raising effort, Jared Kushner’s global investment firm, Affinity Partners, has raised more than $3 billion in committed funding from international investors. Kushner, a former top aide to former US President Donald Trump… Read More ›
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SEC rejects proposals by Valkyrie Bitcoin Fund and the Kryptoin Bitcoin for creating ETF Trust
In a significant development the SEC has torpedoed two proposals which aimed to offer bitcoin exchange-traded funds, dealing a blow to market participants who had hoped the regulator would have approved the given the deal a green light since it… Read More ›
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Crocs to acquire rival Heydude for $2.5 billion
In a statement footwear label Crocs Inc said, it would acquire privately owned rival Heydude for $2.5 billion. The deal underscores an increased demand in the pandemic-led market for casual shoes. Following multiple lockdowns, consumers ditched dress shoes for more comfortable… Read More ›
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AstraZeneca’s booster shot effective against Omicron: Oxford University
In a statement drugmaker AstraZeneca said, a three-dose course of COVID-19 vaccine is effective against the Omicron variant of the coronavirus, citing data from an Oxford University lab study. The results of the study, which is yet to be published… Read More ›
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France will launch lawsuit against Britain against fishing licenses
In a statement French Europe Minister Clement Beaune said, France will file a lawsuit against Britain over post-Brexit fishing licences sometime in early January. He went on to add, there will be a high-profile meeting with EU representatives on January… Read More ›
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Russia continues to violate WTO commitments: USTR
In a statement the office of US Trade Representative said, Moscow continues to move away from commitments it made to join the World Trade Organization in 2012 citing increased restrictions in agricultural imports and import substitution policies. In its annual… Read More ›
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Moller-Maersk in advanced negotiations to acquire LF Logistics for $3 billion
According to sources familiar with the matter at hand, Denmark based A.P. Moller-Maersk is in an advanced stage of negotiations to acquire Hong Kong based LF Logistics for around $3 billion. An announcement for the potential deal could be made as… Read More ›
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SEC denies Apple Inc’s bid to dismiss shareholder proposal on concealment clauses on NDAs
The U.S. Securities and Exchange Commission (SEC) has denied Apple Inc’s bid to exclude a shareholder proposal that would have required Cupertino to inform investors of its use of non-disclosure agreements and other concealment clauses. The SEC’s move will mean that… Read More ›
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