The global grounding of all the aircraft of Boeing’s 737 Max has hit the cash flow of General Electric. The United States based manufacturer of the engines that also supplies to this popular aircraft model from Boeing warned that the… Read More ›
Entrepreneurship
Impossible Food expands production facilities for plant-based burgers
The plant-based burgers space is booming with demand for healthy environment-friendly food far exceeding supply. On Wednesday, Impossible Foods, a plant-based burger maker, announced its partnership with OSI Group, a major meat supplier, as it increases its efforts to meet… Read More ›
Roche extends $4.3 billion takeover offer for Spark Therapeutics to September 3
The decision comes in the wake of continuing regulatory scrutiny by antitrust regulators in the UK and U.S. over its takeover offer. Following a continuation of regulatory reviews in the United States and Britain, Roche and Spark Therapeutics announced another… Read More ›
Decision on license to U.S. companies for doing business with Huawei by next week: Wilbur Ross
The U.S. is likely to grant special licensees to U.S. companies who are seeking to maintain non-national security related business ties with China’s Huawei. According to a statement by U.S. Commerce Secretary Wilbur Ross, the Trump administration may respond by… Read More ›
Philippines’ San Miguel Corp set to win $145 billion new airport project
The new international airport, which will be built over a 50 year concession period, will cater to 100 million passengers per year. On Wednesday, as per a government official from Philippines, San Miguel Corp, a conglomerate is set to win… Read More ›
Huawei Sees Trouble Ahead Despite Revenue Rise
Despite the ban on it by the United States government which prevented the Chinese telecom and tech giant Huawei from accessing products form a host of its suppliers in the US, the company has reported a sharp increase in its… Read More ›
Beyond Meat manufacturing facilities stretched due to heightened demand
With a phenomenal surge in demand for Beyond Meat’s products, the company has had to revise its full year profit earnings. Although Beyond Meat Inc’s shares have slipped just three months after its IPO, demand for its plant-based burgers and… Read More ›
Newell Brands Inc appoints Ravi Saligram as its Chief Executive
Newell Brands Inc is currently led by its CFO Christopher Peterson, who was appointed as its CEO on an interim basis. On Tuesday, according to a report by the Wall Street Journal, U.S. household goods maker Newell Brands Inc, has… Read More ›
Colorado agrees to adopt California’s zero-emission vehicle norms
This is a milestone for the electric vehicle industry in the U.S. In a significant development, there has been a breakthrough in talks with major automakers agreeing to a deal with the state of Colorado wherein the state will adopt… Read More ›
Boris Johnson heads to Scotland and Wales in his push for no-deal Brexit
During his tour, Johnson is set to announce a $371 million new funding package as he tries to goad leaders to accept his no-deal strategy. On Monday, with Boris Johnson making his first official visit to Scotland as Prime Minister,… Read More ›
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