The boundaries of vaccine technology are being pushed by the few drug makers currently dominating the global coronavirus vaccine race. However, a more conventional and proven designs is likely to be adopted by the next crop of vaccines that are… Read More ›
Creativity
Oil major Exxon Mobil keeps Q4 dividend unchanged, a first since 1982
In a development that marks and underscores the massive impact the coronavirus is having on the oil industry, Exxon Mobil Corp stated, it will keep its fourth-quarter dividend flat at 87 cents a share. This is the first time since 1982… Read More ›
Pandemic Boosts Growth For Microsoft Cloud Business
US tech giant Microsoft Corp beat analysts’ estimates for the latest completed quarter because of a slight re-acceleration of its cloud computing business and winning of new users for its Teams messaging and collaboration software with an increasing trend of… Read More ›
Stage Set For Blockbuster Stock Market Debut Of Airbnb
The stage is apparently set for one of the most high profile debuts in a stock market for 2020 as the home rental startup Airbnb Inc plans to get itself listed on the Nasdaq and offer an initial public offering…. Read More ›
Covid-19 Vaccine May Be Available In The UK Even Before Christmas This Year
Kate Bingham, the chair of the United Kingdom government’s vaccine taskforce said in an interview to the media that a Covid-19 vaccine may be available for some people even before Christmas. She however added that it is more likely that… Read More ›
Indian conglomerate Tata Group negotiating purchase of majority stake worth $1 billion in BigBasket
In a report, the Economic Times reported citing three sources familiar with the matter at hand as saying, India’s salt-to-software conglomerate Tata Group is in advanced talks to acquire to a majority stake in Indian online grocery startup BigBasket for… Read More ›
Vietnam signs $2.8 billion LNG deal with AES Corp: U.S. Secretary of State Mike Pompeo
On Wednesday, U.S. Secretary of State Mike Pompeo stated, AES Corp will sign a deal with PetroVietnam Gas to develop a $2.8 billion liquefied natural gas (LNG) import terminal as well as a power plant in Vietnam. “Vietnam has given the… Read More ›
Efforts To Reduce Plastic Waste Being Undertaken By Global Toy Companies
After using environmentally destructive plastic in the products and packaging of toys for decades, efforts at becoming more eco-friendly are now being made by many large toy companies. With parents being forced to keep their children back at home during… Read More ›
Europe’s biggest bank by asset, HSBC accelerates restructuring plan after posting 35% drop in Q3 profits
On Tuesday, in a statement HSBC Holdings PLC said, it plans on accelerating its restructuring plans after it posted a 35% drop in quarterly profits and flagged an easing in its provisions for bad debts citing an expected improvements in the… Read More ›
European Commission clears regulatory approval for LVMH’s $16 billion acquisition of Tiffany & Co.
In a statement, U.S. jeweler Tiffany & Co stated, it has received all required regulatory approvals for the completion of a $16 billion (12.29 billion pounds) acquisition by French luxury goods group LVMH, The approval from the European competition comes… Read More ›