Consumer product giant Unilever will continue to try and have a merger with GlaxoSmithKline's consumer healthcare sector following the rejection of a 50 billion pound ($68.4 billion) offer by it earlier. Unilever believes that GlaxoSmithKline's business it wants to merge will be "great strategic...

According to a report published by the news agency Reuters, US-based electric car maker  Tesla Inc intends to begin initial production of its much-anticipated Cybertruck by the end of the first quarter of 2023.   This is a postponement of its initial plans of starting production of the...

Since it expects doctors and other healthcare providers to want to have lesser instances of face to face interactions with people from the sales department of companies after the end of the Covid-19 pandemic and therefore the drugmaker Pfizer Inc would be cutting down on its sales staff in the...

The luxury car maker Mercedes-Benz wants to start manufacturing its EQS electric sedan locally in India some time this year. This is a part of a larger effort to electrify its portfolio in Asia, according to the president of the company's Indian unit.   Mercedes aims to begin selling the...

Tesla Inc has inked its first deal for ensuring the supply of nickel in the United States, opting for Talon Metals Corp's Tamarack mining project in Minnesota because of its ambitions to manufacture the electric vehicle battery metal in a more environmentally friendly manner.   The...

According to an executive of Merck, the Covid-19 oral pill of the company called molnupiravir is able to perform in a manner of action that can work against the Omicron variant of the coronavirus variant as well as any other variant of the virus.   "We're very confident that it will affect...

Toshiba Corp's second-largest shareholder gave a call for an emergency general meeting on Thursday, attempting to force the corporation to secure two-thirds backing for a three-way separation plan that has enraged several significant overseas owners.   The plan by 3D Investment...

The United States based auto giant General Motors Co has been dethroned as the largest auto seller in the country by Japanese automaker Toyota Motor Corp in 2021 as Toyota sold more vehicles in the year. This is the first time that such a thing has happened since the Detroit automaker has become...

Tesla Inc announced record delivery of its electric cars for its latest completed quarter, which was well above Wall Street expectations as the company successfully fended off global chip shortages while ramping up manufacturing in China.   This also marked the sixth consecutive...

AT&T and Verizon Communications CEOs rebuffed a plea to postpone the scheduled Jan. 5 launch of the new 5G wireless service due to aviation safety problems but pledged to implement new measures in the interim.   US Transportation Secretary Pete Buttigieg and FAA Administrator Steve...

Cathay Pacific has confirmed urgent flight schedule reductions, including the cancellation of passenger and cargo services to and from Hong Kong. The airline did not say how many flights would be canceled, but it did say that in January it will operate a skeleton passenger schedule. It follows...