The deal sees Britain’s AstraZeneca Plc led by Pascal Soriot sharing development and commercialization costs for the drug worldwide. For AstraZeneca the deal makes sense as it will replenish its pipeline as its cancer drug sales grow. In a significant… Read More ›
Entrepreneurship
Dutch citizens file U.S. lawsuit against Boeing over Ethiopian Airlines crash
The U.S lawsuit, filed in a Chicago federal court, was filed by Musoni’s three minor children, who are Dutch citizens residing in Belgium. A lwuaist has been filed against airplane maker Boeing Co in a U.S. federal court in what… Read More ›
British parliament to vote on May’s diluted Brexit package today
May’s floundering efforts to get her Brexit deal approved has resulted in a few diplomats opining that Britain was most likely headed for chaotic tumble out of the EU. The bloc is likely to push ahead with contingency preparations next… Read More ›
Innovation, Flexibility Needed By Businesses To Face Challenges: ILO-IOE Study
Global companies and businesses would be facing huge changes as providers of jobsand need to innovate and become flexible to tackle those challenges, concluded a new study report that was released Wednesday jointly by the International Labor Organization (ILO) and… Read More ›
Trade deals only for those who are signatory to Paris climate accord: Nathalie Loiseau
Nathalie Loiseau quit her job as European affairs minister and is running for the European Parliament. On Thursday, Nathalie Loiseau, the leader of French President Emmanuel Macron’s European election campaign, stated she opposes trade deals with countries who are not… Read More ›
Office Depot & Support.com Inc to pay total fine of $35M to FTC
While Office Depot will pay $25 million, Support.com will be paying $10 million. The U.S. Federal Trade Commission stated, Office Depot Inc and Support.com Inc, a software firm, have agreed to pay $35 million to settle its charges that they… Read More ›
EU’s securities and markets watchdog imposes $5.78M fine on Fitch
20% of Fitch subsidiaries in France, Britain, and Spain had been affected by the conflict of interest. On Thursday, the European Union’s markets watchdog, the European Securities and Markets Authority (ESMA), has fined credit rating agency Fitch a record $5.78… Read More ›
Volkswagen strikes strategic partnership with Amazon for industry cloud
Volkswagen’s tie up with Amazon will help improve production at its factories. According to a report by Germany newspaper Sueddeutsche, the European Union’s biggest carmaker Volkswagen has struck a strategic partnership with Amazon.com Inc to create a kind of “industry… Read More ›
No shift in DUP stance over May’s Brexit deal: BBC’s political editor
The DUP plays a pivotal role in supporting May’s minority government. According to Laura Kuenssberg, BBC’s political editor, the leader of the Northern Irish Democratic Unionist Party, Arlene Foster, has not shown any change to her opposition to British Prime… Read More ›
Viacom and AT&T renew carriage contract, avoids blackout of DirectTV
AT&T, Viacom’s largest distributor, opined that Viacom’s channels are no longer as popular as they once were; AT&T was responsible for 15% of Viacom’s 2018 revenues. Although the terms of the deal have been disclosed, it would not be very… Read More ›