The deal sees Fujifilm spreading its revenue sources by investing in biotech firms involved in regenerative pharmaceuticals and medicine. The fate of its acquisition of Xerox is still uncertain as it faces strong headwinds from activist investors Carl Icahn and Darwin Deason. In efforts aimed at boosting its healthcare business, Fujifilm Holdings said it would…
The strategic move could help ease antitrust concerns for Chinese regulators. In a strategic move, NXP Semiconductors NV, a U.S. chipmaker who was the target of a $44 billion takeover bid by Qualcomm Inc, sold its stake in a Chinese chip design joint venture firm. As per a stock exchange filing, NXP sold its 40%…
The potential sale could, to a large extent promote peace, stability and prosperity in the Indo-Pacific region while helping Lockheed Mart meet its 2018 sales target. In efforts aimed an ensuring that Taiwan “remain[s] a democracy” in the face of a Chinese aggression, two senior U.S. Republican senators have asked the Trump administration to allow…
The U.S. and China could end their trade hostilities and it is hoped that an agreement can be reached between the two countries in order to satisfy U.S. President Donald Trump not to impose tariffs on at least $50 billion worth of goods imported from China, said U.S. Treasury Secretary Steven Mnuchin. He said this…
A new Kaiser Permanente research published today in JAMA Pediatrics claims that compared to the general populations, it is most likely that complete vaccination would be possible for children who have autism and their younger siblings. “In this large and comprehensive study, we found that after children received an autism diagnosis, the rates of vaccination…
The misuse of Facebook data by consultancy firm Cambridge Analytica affected more than 50 million users. With Facebook Inc’s data being misused by consultancy firm Cambridge Analytica, affecting more than 50 million users, executives from IBM and Apple Inc have called for more oversight on how personal data is being used. Speaking at the 3-day…
Singapore Airlines plans on deploying the jet in its Osaka, Japan route Perth, Australia, route from May this year. In a significant development, U.S. aircraft maker Boeing Co delivered its first 787-10 Dreamliner to Singapore Airlines marking the coming of age of its first lightweight family of jets based on which it is betting its…
Although this is Uber’s second such retreat from Southeast Asia, the deal suggests that Uber is taking a defensive positioning for a potential counter-offensive especially with its CEO Khosrowshahi gaining a foothold in Grab’s board. On Monday, in a move that marks Uber Technologies Inc’s second retreat from the Asian, the ride services firm has…
Following retailing company Next describing the last fiscal to be the most challenging in the last 25 years, the company reported a fall of 8% in its yearly profits. 2017 was the second consecutive year for the company when profits declined as the company reported pre-tax profits dropping to £726.1 million in the 12 months…
As an Air India flight from New Delhi landed at Ben Gurion Airport in Israel, history was made as this is the first time that a commercial flight has been allowed into Israel through Saudi Arabia as the Middle eastern country opened up its skies to Israel. A diplomatic shift for Riyadh was reflected by…
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