Author Archives
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Travelers from France into Britain will have to quarantine: British Health Ministry
In a significant development Britain said, it is doing away with the planned easing of coronavirus rules for travelers from France, which was scheduled to take effect from Monday, because of the continued presence of the Beta variant of the… Read More ›
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Vineyard Wind to create first US offshore wind farm
In a development that marks the first nascence of U.S. offshore wind industry even as US President Joe Biden has pledged to support a clean energy and climate change agenda that will create millions of good-paying union jobs, Vineyard Wind… Read More ›
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GlaxoSmithKline expands England R&D facility, plans on raising $552.76M
On Friday, British pharma giant GlaxoSmithKline said, it plans to set up a new life sciences campus within its R&D site in Stevenage, England, by raising up to $552.76 million (400 million pounds) by selling some land at the facility. In… Read More ›
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FedEx to invest $100M in equity investment in Indian logistic startup Delhivery
On Friday, US delivery giant FedEx Corp said it will make $100-million in equity investment in Indian e-commerce logistics startup Delhivery as part of a long-term commercial agreement. As part of the deal, SoftBank-backed Delhivery will sell FedEx Express’ international… Read More ›
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US Senate passes bill than bans import of products from Xinjiang region
In a significant development, the U.S. Senate has passed a bill that bans the import of products from China’s Xinjiang region. The Uyghur Forced Labor Prevention Act creates a “rebuttable presumption” on the assumption that goods manufactured in Xinjiang are… Read More ›
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Goods worth $7.6 billion could be affected by EU’s carbon border tax: Russian economy ministry
In a statement Russia’s economy ministry said, according to its estimate Russian goods, including cement, iron ore, steel, aluminum, pipes, and electricity, worth $7.6 billion could be subject to a European Union carbon border tax once it is adopted. Earlier… Read More ›
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Netflix hires Mike Verdu, ramps up efforts to grow beyond video streaming business
On Thursday, in a statement Netflix Inc said, it has hired a former Facebook executive to lead its video games unit. The development comes at a time when the company is ramping up its efforts to grow beyond its traditional… Read More ›
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Abu Dhabi’s Yahsat to launch new satellite for advanced data services
In a statement the CEO of Yahsat, the newly listed satellite company that is partly owned by Mubadala, Abu Dhabi’s state investor, plans to launch a new satellite in two years, aimed at introducing advanced data services to its clients… Read More ›
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FCC unanimously votes to replace Huawei, ZTE telecom equipment from US communications networks
In a significant development, the U.S. Federal Communications Commission (FCC) unanimously voted to finalize a $1.9 billion program to reimburse mostly rural U.S. carriers by replacing Huawei’s and ZTE Corp’s equipment as they are seen as posing national security threats…. Read More ›
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Joby Aviation, Signature Flight Support and JetBlue Airways Corp team up to develop aviation carbon credits
In a statement electric air taxi startup Joby Aviation, Signature Flight Support and JetBlue Airways Corp said, they are partnering to develop aviation carbon credits for using electric and hydrogen propulsion technologies. The move, aligned with the U.S. aviation industry’s… Read More ›
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