In a statement, General Electric Co said, it has extended the employment agreement of its Chief Executive Officer Lawrence Culp up to August 31, 2024. In a regulatory filing dated August 18, GE said, its board had also approved a… Read More ›
Strategy
Arcturus Therapeutics Holdings in talks with dozen countries over COVID-19 vaccine supply agreement: CEO
In a statement, the CEO of Arcturus Therapeutics Holdings Inc disclosed, the U.S.-based company is in discussions with around a dozen countries for a COVID-19 vaccine supply agreement. The company is in early human testing of its COVID-19 candidate. In… Read More ›
Bayer AG reaches $1.6 billion settlement agreement for U.S. lawsuits surrounding Essure birth control implantable device
German drugs and pesticides giant Bayer AG stated, it will pay around $1.6 billion to settle the majority of U.S. claims involving its Essure birth-control device. The agreement comes in the wake of a $10.9 billion settlement which it hammered… Read More ›
Australia rejects China Mengniu Dairy Co proposed acquisition of its best known milk brands
On Thursday, as per a report from the Australian Financial Review, Cannberra will not approve a proposed buyout of Australia’s best known milk brands from Japan’s Kirin Holdings Co Ltd by China Mengniu Dairy Co. According to anonymous sources, the… Read More ›
Telecom Italia open to find solution on single fiber optic network, open to governance issue as well: CEO
On Thursday, in an interview to Italian daily La Repubblica, the CEO of Telecom Italia (TIM) stated, TIM will not accept less than 50% of any single broadband network but is ready to find a solution over governance of the… Read More ›
Lufthansa hammers out cost cutting deal with pilots, sees recovery in 2021
In a statement, German airline Lufthansa stated, it has formulated an agreement with pilots over a package of short-term measures which will reduce it cash burn and losses induced by the Wuhan Coronavirus pandemic. As per the agreement, in return… Read More ›
New Injunction Against Apple Filed By Epic Over Removal Of Fortnite From App Store
A fresh injunction against Apple has been filed by Fortnite-maker Epic Games as it fights out the iPhone maker and the technology giant over the policy of commission and other things for using its App Store. The widely popular game… Read More ›
Worldwide Visual Overhaul To Be Rolled Out By Google Maps
Users looking at Google Maps will now be able to easily distinguish between forest and floodplain, and desert and snowfield as it is set to get a visual overhaul worldwide. A new set of maps will also be rolled out… Read More ›
Wearing a mask in shared spaces, including office and factories is mandatory from Sept. 1: French Labour Ministry
In a significant development, France’s Labour Ministry stated, the French government plans on making wearing a mask compulsory in the vast majority of workplaces from September 1, 2020, as one of the measures to mitigate the resurgence of the COVID-19… Read More ›
Toyota Motor Corp to offer cars on short term lease, subscription basis in India
In a statement, Japan’s Toyota Motor Corp stated, it will commence offering its cars in India on short term subscription and leases basis. The move is aimed at tapping burgeoning demand for private transport with travelers avoiding public, communal journeys… Read More ›
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