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...
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...
KFC’s and McDonald’s experience robust demand for their chicken sandwiches
Apr 29, 2021 03:13 am UTC| Economy Business
KFC is selling over twice the volume of its new chicken sandwich compared with past versions while McDonalds franchisees are selling an average of 262 chicken sandwiches per day, which is better than their...
Japan's last coal plant project scrapped amid efforts to go green
Apr 29, 2021 02:55 am UTC| Economy Business
Kanden Energy Solution Co. is abandoning plans to two coal-plant units with a combined capacity of 1.3 gigawatts at Akita Port due to the unfeasibility to operate coal plants amid the global push to go green. The...
Mondelez Q1 sales beat analysts estimates due to high demand for its biscuits, chocolates
Apr 28, 2021 12:40 pm UTC| Business Economy
Mondelez International Incs first-quarter revenue surged to $7.24 billion from $6.71 billion a year ago, beating Wall Street analysts average estimate of $7.02 billion, according to IBES data from Refinitiv. The...
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’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects