To expedite the pharmaceutical company’s entry into the ovarian cancer therapy market, AbbVie is purchasing ImmunoGen in a deal estimated to be worth $10.1 billion.
Category: WORLD NEWS
UN climate conference kicks off with fund for nations worst hit by environmental disasters.
The globe recently accomplished a significant step towards making up for the deaths caused by heat waves, droughts, and floods. Seen as a significant opening
Europe’s property sector crisis pushes Signa group with $29b assets into insolvency.
Signa, the retail and real estate conglomerate, became bankrupt on Wednesday following the failure of desperate attempts to obtain new capital, becoming the largest victim
China’s economic woes worsen as Walmart and Amazon commit to $10b and $20b Indian imports per year.
In an effort to save costs and diversify its supply chain, Walmart is importing more goods into the United States from India and lessening its
Google in a landmark powers data centres with clean energy using geothermal electricity.
Google said on Tuesday that an advanced geothermal project has started to feed carbon-free electricity onto the Nevada grid to power Google data centres there.
US big banks embrace insurance-based credit-linked notes as regulators opt for higher capital.
Early in the fall, Blackstone Group and other investors sold Morgan Stanley $300 million in loss insurance for certain of its loans. The transaction details—which
China’s sluggish economy compels Beijing to grant visa-free entry to five European nations and Malaysia.
China stated on Friday that, in an effort to attract more visitors for business and tourism, it will grant visa-free entrance to citizens of five
Nissan plans to invest $1.4b to boost UK Auto industry supply chains with EV versions of bestselling models.
Nissan is giving the British government a boost as it attempts to resuscitate the nation’s faltering economy by investing $1.4 billion to modernize its factory
Saving the climate will require a 50% reduction in the $800b yearly investment in oil and gas operations. – IEA.
In order to prevent even more extreme weather events driven by human-caused climate change, the oil and gas industry, one of the main emitters of
UK to offer concierge services to large international investors to boost its sluggish economy.
The British government has realized that its current approach to attracting foreign capital is too slow and fragmented; therefore, it is granting greater authority to
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