As a part of its strategic program for oncology collaboration for the development of development and marketing of a niche type of targeted cancer treatment, Britain's AstraZeneca has agreed to pay as much as up to $6 billion to Japan's Daiichi Sankyo.   Dorr an experimental drug of Daiichi...

A major a significant change has just been implemented by the search engine giant Google to its policy of e-commerce marketplace product, Google Shopping. The United States based search engine giant will now allow in all types of sellers on that platform - ranging from small retailers to big...

United States based oil giant Chevron is expecting to reduce the diversity imbalance within the company this year through the cost cutting measures that it has undertaken.   The company plans to reduce the dominance of white males in the company and increasing the ratio of women in senior...

In order to generate more cash amid the hard economic hit because of the novel coronavirus pandemic on the airline industry, plans for a possible rights issue of up to 2.75 billion euros are being drawn up by the British Airways owner IAG, the company said on Friday.   This statement was...

The British energy services and solutions company Centrica Plc will be divesting its North American subsidiary Direct Energy in a deal worth $3.63 billion.   The news powered a 38 per cent rise in the stock price of the company that owns British Gas, Centrica Hive, Direct Energy and Bord...

In a "final" bid to turnover tariffs imposed by the United States and to convince the US to come to a settlement for the 16-year-old dispute over aircraft subsidies of over billions of dollars, the European plane maker will amend French and Spanish government loans, the company said on Friday....

Germany’s Volkswagen AG, the largest automaker of Europe, plans create a an industry-wide marketplace for business customers to buy and sell industrial applications by expanding the scope and reach of its cloud-based software and data portal, the auto maker said.   Designed initially in...

Despite the novel coronavirus pandemic, Hershey Co announced its expectation of accelerating sales in the months ahead as it reported profits that beat expectations of the market.   The company said that its expectations beating performance was driven by strong demand for its cooking...

A new survey that was published on Monday showed that almost half of the biggest companies of the United Kingdom are of the opinion that businesses will be able to completely recover from the novel coronavirus pandemic only by the second half of 2021. This survey casts a shadow on hopes of a speedy...

According to a report published in the Wall Street Journal citing sources with information of the matter, the top advertiser on Facebook’s social media platform, Walt Disney Co., has “dramatically slashed” advertisement spending on the platform.   This move by the entertainment giant also...

Mondelez, the owner of Cadbury brand, has said that by the end of 2021, all Cadbury chocolate bars that are sold in multipacks will be reduced in size to bring down the calorie count in them.   No more than 200 calories each for a pack of four is aimed to be included in some of the popular...