In a significant development, the U.S. Department of Agriculture stated, it will be funding a $1 million research project to identify how COVID-19 could potentially enter the nation’s beef supply chain, starting from cattle in farms to packages of meat… Read More ›
In a significant development, some of the world’s biggest asset managers, including BlackRock Inc and Vanguard Group Inc have introduced new exchange-traded funds that exclude fossil fuel companies including coal, oil and companies from other industries, after a number of… Read More ›
Over burdened with a pile of debt, China’s second biggest property developer, Evergrande Group, is desperate for government support for a restructuring plan that has been waiting for four years, and has warned that it faces a cash crunch that… Read More ›
In order to understand exactly form where it’s the raw material for its products, which range from ice creams to deodorant, come from, Unilever is making use of a combination of advanced satellite imagery and geolocation data. According to Marc… Read More ›
In a significant development, the World Bank’s private-sector arm has introduced new climate change specific conditions, which encourages commercial banks and other financial lenders to wind down support for coal projects in Asia and Africa. The International Finance Corporation (IFC),… Read More ›
Chinese state-backed investors are weighing options, which includes taking BMW’s main Chinese joint-venture partner Brilliance private, said five sources with knowledge of the matter at hand. The development is the latest in such deals aimed at uplifting down-beaten Hong Kong-listed… Read More ›
In a statement, the U.S. Department of Justice stated, Gilead Sciences Inc has agreed to settle allegations that it improperly used the Caring Voice Coalition as a conduit to cover thousands of patients’ co-payment obligations and has agreed to pay… Read More ›
During a news conference on Capitol Hill, Scott Kirby, the CEO of United Airlines stated, the airlines intends to avail U.S. Treasury loans, which have been available under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Speaking to the… Read More ›
According to a source familiar with the matter at hand, GoodRx Holdings Inc has priced its initial public offering (IPO) at $33 per share, above its target range. The U.S.-based online prescription drug platform had planned to sell 34.6 million… Read More ›
In a statement embattled Chinese telecom network maker Huawei Technologies Co Ltd said, it will be cutting more staff from its Australian operations midst strained relations between Canberra and Beijing. Huawei will also trim its investments in the country. In… Read More ›
