The vaccine candidate against Covid-19 that is being developed jointly by the French drug maker Sanofi and Translate Bio of the United States “will not be ready this year”, announced the French firm’s chief executive in an interview to Le Journal du Dimanche newspaper. The company executive said that it is likely that the company…
Manufacturing for the Learjet, once regarded as aircraft that was very popular as a luxury private jet for the super-rich, will be discontinued after the last of the planes is built in 2021, said the manufacturer of plane Bombardier With the wealthy customers – getting wealthier, starting to demand even larger and more comfortable private…
With shoppers of beauty products flocking to shop from online sources during the coronavirus pandemic, the biggest cosmetics group of the world L’Oreal reported better than expected growth in revenues for the fourth quarter of the last year. The closure of airport duty-free shops and high street stores during the Covid-19 pandemic and the shift…
New labels to clearly identify more state-affiliated accounts, including the personal accounts of world’s leaders’ would be started by the social media platform Twitter from next week, the company said. The aim of this move is to provide greater clarity and context to users when they engage in any geopolitical conversation on the micro blogging…
Additional time is being sought by semiconductor companies to appeal against the last minute movers by the last-minute Trump administration of the United States to block sales to Chinese telecoms company Huawei. According to reports quoting sources, the companies are hopeful of a reversal of policy even though analysts see it unlikely that the new…
After reporting a record loss for the year 2020 with very few deliveries, the United States based aircraft maker Bowing started off the current year in a positive tome with it delivering 26 aircraft in January. This was driven by the clearance given to its 737 MAX jet to fly again by regulators in the…
The growth of the number of users during the pandemic will slowing down in the upcoming quarters, warned the social media company Twitter Inc as the company reported a 27 per cent growth in the number of users which missed estimates of Wall Street. The estimates of the market for its quarterly sales and profit…
Rolls Royce is planning a closure of its jet engine making factories for civil aircraft for a period of two weeks in order to reduce losses. With lesser number of jets in the air because of the Cvoid-19 pandemic also meant less service and consequently a drop in sale revenues for the engineering giant. According…
A global shortage crucial semiconductors has forced car makers Renault and Stellantis to announce suspension of car production at a number of their factories, the two companies have announced. There has been a shortage of chips used in engine management and driver-assistance systems of cars which has severely hit production of car makers all across…
Only limited protection against mild disease caused by the South African variant of the novel coronavirus was exhibited by the Cvoid-19 vaccine developed by AstraZeneca and the University of Oxford, said a spokesman for the British drug maker. This statement from the firm was issued following a report published in the Financial Times where it…
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