In a statement, the U.S. Department of Justice stated, Novartis AG along with Novartis Hellas, a Greece-based unit of the Swiss drugmaker, has entered a deferred prosecution agreement wherein it has agreed to pay $225 million as a criminal fine…. Read More ›
According to a report from WAM, UAE’s state-run news agency, two private companies from the country will collaborate with two Israeli companies on medical projects. The collaboration will include creating drugs to combat coronavirus which emerged from Wuhan, China. The… Read More ›
According to three sources briefed on the matter at hand, th CEOs of major U.S. airlines are set to hold a meeting later today at the White House to convince the federal government to mandate temperature checks for passengers. The… Read More ›
Basing itself on documentary evidence, the U.S. administration has come to the conclusion that Huawei Technologies and Hikvisionare either owned or controlled by the Chinese military. The determination lays the groundwork for further U.S. financial sanctions on the duo. Confirming… Read More ›
In a development that could add more barbs to the ever increasing U.S.-China trade tensions, U.S. President Donald Trump has signed a memorandum aimed at protecting American lobster fishermen who have found export markets drying up. “If those purchase commitments… Read More ›
According to a source familiar with the matter at hand, SoftBank Group Corp is set to sell a portion of its stake in U.S. wireless carrier T-Mobile US Inc at $103 per share to raise $13.76 billion. On Monday, SoftBank… Read More ›
According to a report from the Wall Street Journal, Dell Technologies Inc is weighing its options of divesting its roughly $50 billion stake in cloud computing software maker VMware Inc. Dell’s options also include buying the remaining stake in VMWare,… Read More ›
According to sources familiar with the matter at hand, Volkswagen AG is holding talks with Europcar Mobility Group SA to acquire it. The potential deal will allow the carmaker to better capitalize on its fleet. The dealmaking comes at a… Read More ›
U.S. Treasury Secretary Steven Mnuchin stated, U.S. companies will decouple from China if they are not allowed to compete on a fair and level basis in China with its domestic companies. Mnuchin made these remarks while speaking at a virtual… Read More ›
Plans for launching of a fully fledged digital platform that will rival not only Facebook but also Google and Apple were revealed by Snap, the company behind Snapchat. The company plans to soon launch an app store and expand its… Read More ›
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