In a significant development, the energy ministers of the United States, Israel and the United Arab Emirates said, they will develop a joint strategy for greater coordination in the energy sector; the trio will also jointly collaborate to mitigate energy… Read More ›
Entrepreneurship
Fujifilm signs manufacturing contract with VLP Therapeutics for COVID-19 vaccine candidate
On Thursday, in a statement Japan’s Fujifilm Holdings Corp said, it has signed a manufacturing contract with U.S.-based VLP Therapeutics for manufacturing a COVID-19 vaccine. In a statement both companies said, “Fujifilm will use its manufacturing facilities and infrastructure to… Read More ›
Banknote printer De La Rue appoints Rob Harding as CFO
In a statement on Thursday, banknote printer De La Rue stated it has named Rob Harding as its chief financial officer. The development comes in the wake of the company appointing him as interim CFO earlier this year. Before joining… Read More ›
UK government helps Rolls Royce rebuild balance sheet
In a statement Rolls-Royce said, it plans on raising $2.6 billion (2 billion pounds) from shareholders, 1 billion pounds from the bond market and secure loans to rebuild its balance sheet. The coronavirus pandemic has ravaged Rolls Royce’s finances after… Read More ›
Tokyo Stock Exchange suffers glitch in Arrowhead” trading system, trading suspended for entire day
On Thursday, the Tokyo Stock Exchange suspended trading of shares for the entire day following a glitch in its electronic trading system. The Tokyo Stock Exchange is the world’s third-biggest stock market. The outage has frustrated investor efforts to buy… Read More ›
46 Million Jobs Could Be At Risk Due Ot Collapse Of Global Air Travel, Says New Report
According to new research46 million jobs from the global aviation industry could be wiped off because of the impact of the novel coronavirus pandemic which has almost decimated the global airline market and industry. This report highlights the degree of… Read More ›
Europe Gives Nod To 15-Minute Coronavirus Test
Europe has approved a test for Covid-19 that can yield results in just 15 minutes and can be done at the point of care without the need for elaborate testing facilities, said Becton Dickinson, the maker of the test kit…. Read More ›
Fishing Concessions Offered By UK To EU To Sweeten Its Brexit Offer
In an effort to sweeten its Brexit deal offer at the eleventh hour, the United Kingdom has made a new offer to the European Union in which it said that it was willing to allow for a three-year transition period… Read More ›
British car parts will attract EU tariffs, with or without a deal: BBC
In a report the BBC said, the UK has so far failed to persuade the EU to accept car parts from Japan and Turkey as British when they are used in Britain, thus implying that such automotive exports from Britain… Read More ›
U.S. Fund General Atlantic acquires 0.84% stake in India’s Reliance Industries Ltd for $498.31 million
On Wednesday, India’s Reliance Industries Ltd stated, U.S. Fund General Atlantic plans on investing $498.31 million (36.75 billion rupees) for a 0.84% stake in its retail arm, marking it as the latest entrant in a series of investments at the… Read More ›