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Covid-19 Vaccine Race: GSK Aims To Be The Best And Not The First

The novel coronavirus pandemic has sent a large number of pharma companies to rush to find a vaccine for the virus. However one distinct name seems to be missing from this list of major drug makers of the world in the race to test and develop experimental immunizations against Cvoid-19, the disease...

Prepared For A Turnaround Challenge For Renault, Says Incumbent CEO

The global slump in demand for cars which existed for the last few years and which was accentuated by the novel coronavirus pandemic has pushed the French car maker Renault to take on major steps to reduce costs and a change in its leadership.   Luca de Meo, the incoming chief executive of...

Google Ends 'Tailgater' ID Checks With New Leadership Diversity Goals To Be Achieved By 2025

In order to address racial issues at its office, Alphabet's Google has announced implementation of a new hiring goal and security policy in the wake of the protests all over the United States over police brutality against African Americans that have also ignited debates and discussions about racial...

Despite Bezo’s Dispute With Saudi Arabia Amazon Launches Shopping Site In The Kingdom

Despite a dispute between the Saudi Arabian authorities and the Amazon chief executive Jeff Bezos, the largest e-commerce platform of the world launched dedicated website for the shoppers of the country reflecting the intent of the company to do business in the kingdom irrespective of the personal...

Pandemic Induced Customer Order Delays Prompts Oracle To Miss Revenue Estimates

Customers of Oracle Corp in the hospitality, retail and transportation sectors were forced postpone purchases because of the novel coronavirus pandemic which resulted in the company to report lower than expected revenues for the latest completed quarter. The performance forced the company shares...

Despite Pandemic, GM Optimistic Of Demand In US And China And EV Profitability

A very positive note about the demand for new vehicles in the United States despite the raging novel coronavirus pandemic by the top executive of the US auto giant General Motors Co on Monday. The company also expressed its confidence of selling electric vehicles at a profit – particularly in the...

US Commerce Dept. Says American Firms To Be Allowed To Work With Huawei On 5G Standards Setting

The prohibitions that were imposed on companies of the United States in doing business with Huawei Technologies of China will be amended by the Trump administration so that the American companies can work together with the Chinese company to set standards for the development of next-generation 5G...

Zoom Faces Political Trouble In Washington And Beijing; Gets Lobbyists Ready

The virtual video conference meeting service provider Zoom Video Communications that shot to fame during the novel ocornavirus pandemic as millions hooked on to its services during the lockdowns and work from home orders all across the world, is facing political hurdles in the many countries now...

China Approves American Express JV To Start Operations In The Chinese Market

A network clearing license for a joint venture of the United States based credit card offering company American Express has been given the nod by the central bank of China. This will make the American firm the first foreign credit card company that will be launching business in he Chinese market....

Nestle Contemplates Shedding Its Water Business In North America

As a part of its changed corporate strategy to focus to better performing brands, Nestle is exploring a potential sale of a portion of the company’s water business in North America, the said, and added that the sale will include the Pure Life brand.   Regional spring water brands like Poland...

Discriminatory Housing And Job Ads To Be Barred By Google

Any advertisements for housing, employment and credit that are posted on the platforms of Alphabet Inc’s Google that are targeted on the basis of postal code, gender, age, parental status or marital status will be barred by the it, the company has said, as a part of its efforts to tackling unlawful...

Production Of Semi Trucks To Be Accelerated By Tesla: Reports

It was time to bring the Tesla Semi commercial truck to "volume production," Tesla Inc Chief Executive Elon Musk has conveyed to the company’s staff, according to reports, that pinned this message to the jump in the share prices of the Tesla’s rival clean truck maker Nikola Corp.   This...
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