While a former chief executive of the now collapsed company Thomas Cook has claimed that his leadership role and decisions had no part in the collapse of the century old global company, another former CEO has hinted otherwise. British members of parliament inquiring into the sudden collapse of were informed by Manny Fontenla-Novoa about the…
There is reasonable confidence with Biogen CEO Michel Vounatsos about getting the approval for the drugmaker’s experimental Alzheimer’s drug from the United States Food and Drug Administration. “We worked in full transparency with the regulator,” Vounatsos said in a television interview while also emphasizing that all of the data about the drug that the company…
While the revenues for the United States based aircraft maker Boeing beat market estimates, its earnings were lower than what the market was expecting for the third quarter of the year. There was however an increase in the value of the shares of the company following positive messaging about the possibility of the return of…
According to reports, the top leaders at the European Union are likely to take some time to discuss and decide on the plea of the United Kingdom government for an extension of Brexit deadline. It has been reported that the leaders of the other 27 EU states also want to give UK Prime Minister Boris…
The entire pharma industry in the United States is put on trial from Monday in a federal court over cases of claims filed by thousands of American communities alleging that the pharma companies had colluded to conspire and orchestrate the now infamous opioid epidemic in the country. The case that will be held in Cleveland…
A research note from Loop Capital Markets said that there is increased pressure on the profit margins of the grocery industry. And therefore despite an increase in the growth in sales for the industry, the suggestion of taking a neutral view on the industry was made by the research firm. Within the grocery industry of…
A call for the fast resolutions of the ongoing trade spats and tensions between countries and supporting of the process of bringing in reforms to the World Trade Organization was given by the International Monetary and Financial Committee (IMFC), the policy-setting body of the International Monetary Fund (IMF). Growth outlook is “highly uncertain and subject…
It is not right for Facebook to censor politicians or the news in a democratic set up, believes the social media giant’s founder Mark Zuckerberg. He said this while delivering a speech in Washington DC and assumed importance because the social media company had been facing criticism for not putting a ban on political advertisements…
Environmental groups are against the launch of the one of the largest ever Initial Public Offering (IPO) from Saudi Aramco because they believe it would be very detrimental for the environment and is urging big banks to stay away from it even though the Wall Street and investors are closely watching and eagerly awaiting the…
The Indian government plans to create one of the largest facial recognition systems in the world in an ambitious project that is aimed to help law enforcement agencies to function more effectively. The vision is to create a single central data base in the future that can be accessed by police of the 29 states…
