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 ›
Regulations & Legal
2020 Profit Forecast Raised By Sony After Record Q2 Performance
After reporting a record profit for its second quarter, Japanese electronics giant Sony Corp raised its annual profit outlook. The company’s performance as driven by its gaming business which continued to capture “nesting” demand just ahead of the next month… 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 ›
AMD To Acquire Chip Maker Xilinx In A $35 Billion Deal, Targets Data Center Business
The battle between semiconductor designer Advanced Micro Devices Inc (AMD) and Intel Corp in the data center chip market just got more intense with AMD agreeing purchase Xilinx Inc in a $35 billion all-stock deal, AMD said on Tuesday. After… 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 ›
Study In UK Finds Young People Hit Hardest By Covid-19 Job Losses
A new study that documented the growing divisions in the workplace since March when the novel coronavirus pandemic hit the United Kingdom has found that younger people in the country are more than twice as likely to lose their jobs… Read More ›
China Warns Of Sanctions On US Firms Over Arms Sale To Taiwan
American companies including Lockheed Martin, Boeing, and Raytheon will be sanctioned by China over the companies being engaged in selling weapons to Taiwan. The United States was urged to stop selling arms to the self-governed island of Taiwan and to… 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 ›
U.S. State Dept approves $2.37 coastal defense systems to Taiwan: Pentagon
In a statement the Pentagon said, the State Department has approved the potential sale of 100 Harpoon Coastal Defense Systems to Taiwan, in a deal worth up to $2.37 billion. The development comes days after the State Department approved the… Read More ›
200 Drink Brands To Be Discontinued By Coca Cola
Almost half of its current portfolio of brand is to be cancelled by Coca Cola. Some beloved but out dated drinks such as Tab, Zico and Odwalla would be discontinued by it, the beverage giant had already announced. But earlier… Read More ›
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