Britain has become the first country in the world to approve a potential game-changing COVID-19 antiviral pill, which was jointly developed by US based Merck & Co Inc and Ridgeback Biotherapeutics, in its effort to fight the Wuhan Coronavirus. Britain’s Medicines… Read More ›
safety
China applies coal pressure on Australia, terms it quality and safety assurance issue
Chinese customs has stopped importing Australian coal with the Chinese foreign ministry stating this is a “completely normal” practice. While China has always portrayed itself as playing by the rules, its surprising that it did not provide a guidance or… Read More ›
China’s Volvo to use 25% recyclable plastic in its 2025 models
The praise worthy business plan move comes at a time when more than 8 million tonnes of plastics lands up in our oceans every year, and threatens marine life ranging from coral reefs to fish stocks. On Monday, Chinese-owned Volvo… Read More ›
5th U.S. Circuit Court of Appeals strikes down fiduciary rule
This is the second instance wherein systemic changes brought in by former President Barrack Obama in the wake of the 2007-2009 financial crisis is being dismantled. In a landmark judgment, a federal appeals court has struck down the U.S. Department… Read More ›
Kobe Steel’s aluminum plates meet safety and durability standards: Toyota Motor Corp
Toyota is now checking whether Kobe Steel’s non-aluminum products meet the necessary standards as well. On Thursday, in what is likely to be a reprieve for embattled Japanese steelmaker Kobe Steel Ltd, Toyota Motor Corp has confirmed that the aluminum… Read More ›
Honeywell International considers spinning off its non-core assets as part of streamlining its business
As per sources, the Honeywell is mulling the creation of at least two new public limited companies as a result of the spin-off, one of which could include its aerospace business. GE is also in the process of spinning-off or… Read More ›
Apple proposes stronger, stricter norms of data collection for self-driving cars
Apple appears to be creating an ecosystem for the self-driving car market and is seeking greater clarity for its parameters. In a strategic move which has immense significance for companies in the crowded self-driving car market, Apple Inc has urged… Read More ›