Shares of Moderna Inc fell nearly 10per cent after it lost a bid to invalidate a U.S. patent owned by Arbutus Biopharma that poses a potential obstacle to Moderna's efforts to develop next-generation vaccines, including a coronavirus vaccine.
India on Thursday (Jul 23) said bidders from bordering countries eyeing government contracts would need prior registration and security clearances, a move seen as New Delhi's latest effort to counter China following a border clash between the two nations.
Two of Boeing Co's biggest commercial airline customers said on Thursday they are still committed to the 737 MAX despite delays in its return to flight and the coronavirus pandemic, though the head of Southwest Airlines said contracts need to be "completely reset."
Multiple U.S. states are investigating Apple Inc for potentially deceiving consumers, online news site Axios reported on Thursday, citing a March document from a tech watchdog group.
A stodgy US recovery showed little sign of accelerating over the last week with hints emerging that the quick job gains of May and June may be fading, according to high frequency data and analysis from companies, forecasters and government analysts.
German Finance Minister Olaf Scholz is seeking a regulatory overhaul to avoid a repeat of the supervisory failures that allowed Wirecard build up a 2 billion euro hole in its accounts before collapsing last month, Sueddeutsche Zeitung reported.
The son of former Nissan Motor Co chairman Carlos Ghosn made about US$500,000 in cryptocurrency payments to one of the two Massachusetts men who helped him escape from Japan, US prosecutors said in a court filing.
Regulation intended to address the news industry’s problems with Google and Facebook could have adverse consequences, said outgoing New York Times Co Chief Executive Officer Mark Thompson in an interview this week.
