
Nestle reveals company revamp plan; Factory closure places 573 jobs at risk
Apr 29, 2021 09:34 am UTC| Business Economy
Nestle is revamping its business in the U.K., and although the plans were said to be very beneficial, it also placed 573 jobs at risk. This is because part of the strategy is to close down some of the companys...

Boeing 737 MAX deliveries halted over electrical issues
Apr 29, 2021 09:11 am UTC| Business Economy
Boeing had to stop the ongoing deliveries of its 737 Max plane units due to electrical issues. The aircraft maker said on Wednesday, April 28, that it made the decision as the discovered defect already grounded over 100...

Samsung keeping an eye on LG Electronic’s 5G patents
Apr 29, 2021 09:00 am UTC| Business Economy
Samsung Electronics is said to be showing interest in LG Electronics 5G mobile patents since it has given up its smartphone business earlier. The company may consider buying the patents from its former rival in the phone...

Pfizer acquires Amplyx Pharmaceuticals to advance its expertise in infectious disease treatment
Apr 29, 2021 08:54 am UTC| Business Economy
Pfizer announced on Wednesday, April 28, that it has acquired Amplyx Pharmaceuticals. The company stated that the purchase would bolster its portfolio as it offers the opportunity to strengthen Pfizers expertise and deep...
The Year of Fintech-as-a-Service: How FaaS Platforms Will Dominate 2021's Financial Landscape
Apr 29, 2021 08:32 am UTC| Business
Every business today looks to embrace the use of modern technology to ease their core functions and facilitate greater profitability. This includes lending businesses like banks, NBFCs, and MFIs. Fintechs are companies...
How Technology Made Learning Art More Accessible To Aspiring Artists
Apr 29, 2021 07:07 am UTC| Business
During this time of remote living when the education landscape seems turbulent, there is only one constant Technology. Technology is sweeping through every world, and the art world is no exception. Technology is...

Ford reveals plans to make its own EV batteries
Apr 29, 2021 06:08 am UTC| Business Economy
Ford Motor is the latest company to reveal its plans about making its own batteries for electric cars. Based on the reports, the American automaker based in Detroit has intentions of developing lithium-ion batteries for...