A long-running English research revealed that young women have an 87 per cent decreased chance of getting cervical cancer due to the human papillomavirus (HPV) if they are vaccinated against the virus in their teens using an earlier GlaxoSmithKline medication… Read More ›
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Its US IPO Could Value EV Startup Rivian Nearly As Much As Honda
Rivian Automotive Inc, funded by Amazon.com Inc, is aiming for a value of more than $53 billion for its U.S. debut, putting the electric car maker on par with competitor Honda Motor. The business is aiming to raise up to… Read More ›
Higher Oil Price And Volumes Pushes Saudi Aramco’s Quarterly Profit
Aramco, the Saudi Arabian national oil company, announced on Sunday that its third-quarter net profit more than doubled in the last quarter, helped by increased crude oil prices and quantities sold, outperforming analysts’ expectations. The highest quarterly average crude prices… Read More ›
US Intelligence Agencies Do Not Expect To Conclusively Find Origins Of Covid-19
Intelligence agencies in the United States would be unable to determine if Covid-19 spread through animal-to-human transmission or spilled from a lab until a breakthrough is made, authorities said, while providing a more detailed version of their investigation into the… Read More ›
Billions To Prevent Christmas Shortages To Be Spent By Amazon
With the Christmas holiday season approaching, several billion dollars to deal with labor shortages and supply chain issues will be spent by it, Amazon has announced. It will do “everything it takes” to minimize the impact on customers and businesses,… Read More ›
Yum’s Results Beat Estimates Due To Strong Sales In Taco Bell And KFC; Pizza Hut Lags
Yum Brands Inc, the parent company of Taco Bell, exceeded the expectations of analysts at Wall Street for its quarterly revenue and earnings, driven by robust demand for its fried chicken and tacos offset a sales slowdown at its Pizza… Read More ›
Apple Dislodged By Microsoft As The World’s Most Valuable Company
Microsoft Corp has dislodged Apple Inc as the most valuable publicly listed company in the world on Friday, because of the continued drop in the share price of the iPhone maker. The lingering global supply chain problems resulted in… Read More ›
CD&R’s $10 Bln Acquisition Of Morrisons To Be Probed By UK Watchdog
The British supermarket chain Morrisons has to be managed as a separate company while its 7 billion pounds ($9.7 billion) merger deal with Clayton, Dubilier & Rice’s (CD&R) is being reviewed by Britain’s competition regulator, according to the watchdog. CD&R… Read More ›
Japanese Firms Hit Heavily By Global Supply Constraints
A worldwide parts and chip scarcity is weighing heavily on Japanese industries, with seven out of eight automakers reporting a decline in global output in September. This has cast doubts on the central bank’s assumption that the impact of supply… Read More ›
Higher Prices And Newer Menu Items Helps Push Up Mcdonald’s Sales
Quarterly sale figures of McDonald’s Corp in the United States beat projections of the Wall Street, thanks to higher prices, larger order quantities, and additional menu items like the crispy chicken burger, the global fast food chain announced Wednesday. In… Read More ›