A new US$1 billion fund backed by 20 drugmakers including Merck & Co Inc and Pfizer Inc is aiming to bolster struggling antibiotic companies and sustain a pipeline for new treatments, an industry group said on Thursday.
Britain is betting that satellite operator OneWeb will help it boldly go into a post-Brexit era. But it faces formidable challenges to complete a working constellation and rebuild a collapsed venture that has proved a money pit for investors.
TENINO: Tucked away under lock and key in a former railroad depot turned small-town museum in the US state of Washington, a wooden printing press cranked back to life to mint currency after nearly 90 dormant years. The end product: US$25 wooden bills bearing the town's name - Tenino...
Trading and underwriting revenue could provide some comfort for big Wall Street banks that begin reporting results next week, although second-quarter profits likely plunged because of the coronavirus pandemic's impact on lending.
REUTERS: Futures tracking the S&P 500 and Dow indexes edged lower on Thursday ahead of the closely watched weekly jobless claims report, with investors weighing the risk of another business shutdown amid soaring U.S. COVID-19 cases. A batch of upbeat economic data including the record pace of job ......
Google's YouTube is not required to hand over the email or IP address of users who upload films illegally to its video platform, Europe's top court ruled on Thursday, saying there must be a balance between protecting personal data and copyright.
LONDON: Aston Martin's first sport utility vehicle rolled off the production line on Thursday (Jul 9), key to hopes of a turnaround at the luxury carmaker which has seen changes in management and ownership over the last few months amid a torrid performance. Popular for being James Bond's carmaker...
German state prosecutors are investigating Wirecard for suspected money laundering, a spokeswoman for the Munich prosecutor's office said on Thursday.
On the night of June 18, Wirecard AG’s new compliance chief stayed up late at his office in the company’s low-rise headquarters in the Munich suburb of Aschheim to pore over the payment firm’s books.
U.S. companies are preparing to open their books on a quarter that is set to show the biggest earnings fall since the financial crisis, leaving investors looking for light at the end of the tunnel.
