Pfizer acquires Global Blood Therapeutics for $5.4B
Aug 09, 2022 09:15 am UTC| Business Economy
Pfizer inc., an American pharmaceutical and biotechnology firm headquartered in Manhattan, New York City, has agreed to buy Global Blood Therapeutics biotech company for $5.4 billion. The drugmaker will be paying $68.50 a...
Outlandish ketchup, mayo, soy sauce-flavored ice cream released in London
Aug 09, 2022 09:14 am UTC| Business Economy
A new kind of ice cream has been unveiled and offered to some people in London. This is not the typical sweetened frozen food that everyone gets for snack or dessert because they were made featuring the flavors of popular...
Balenciaga launches the world’s most expensive ‘garbage’ bag sold for $1,790
Aug 08, 2022 10:13 am UTC| Business Economy
Balenciaga, one of the luxury fashion houses today, just debuted its newest fashion item, which has now been dubbed the most expensive garbage bag in the world. The company created a buzz online after unveiling its Trash...
KT Telecom, Turk Telekom to collaborate in media content via partnership deal
Aug 08, 2022 09:33 am UTC| Business Economy
KT Telecom and Turk Telekom, a Turkish company, signed a partnership deal to work together in the area of media content. They are looking to foster collaboration for the said field through a private fifth-generation...
Eli Lilly pharma company to expand its HQ outside of Indiana due to abortion law
Aug 08, 2022 09:12 am UTC| Business Economy
Eli Lilly, the American pharmaceutical company headquartered in Indianapolis, Indiana, said it would expand its headquarters outside of its home state. The decision was mainly due to the abortion law that was recently...
Woori Bank to support several rising startups with its $7.7M investment scheme
Aug 08, 2022 08:56 am UTC| Business Economy
Woori Bank is reportedly investing in promising startup companies and will pick 10 through a competition. The South Korean banking company based in Seoul will be spending KRW10 billion or around $7.7 million to support...
Amazon acquires iRobot Roomba-maker for $1.7B
Aug 08, 2022 08:40 am UTC| Business Economy
Amazon Inc. is acquiring iRobot, an American technology company that designs and builds consumer robots. It was reported that the deal involves an all-cash agreement worth around $1.7 billion, and this was announced on...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects