Minderoo Foundation to help publishers cut deals with Google, Facebook

The philanthropic organization of Australian billionaire Andrew Forrest, called the Minderoo Foundation, will assist over 18 small news publishers while negotiating with tech giants Facebook and Google to acquire licensing deals for the sup....

Johnson & Johnson anticipates 14 new multibillion-dollar drugs by 2025

Johnson & Johnson to focus on pharma division after the split into drug and consumer companies. The company is working on 14 new drugs, all of which have a market potential of USD 1 billion each.   American multinational ....

EU lawmakers agree on new terms for regulating Big Tech companies

European Union lawmakers have reportedly settled on new terms for targeting Big Tech companies, an effort to reduce anti-competitive practices in the digital world. According to sources, major political parties in the European Parliament a....

Home Depot registers strong sales as home improvement spending surges

Home improvement retailer Home Depot Inc. has recorded a 4% rise in its quarterly sales, beating analysts’ estimations by around USD 2 billion.  This is driven by the increase in home improvement expenditure ahead of the upcoming....

Ferrari F-1 cars to switch to second-generation ethanol fuel from 2022

Ferrari Formula 1 team has reportedly entered into an agreement with Raizen SA and Shell Plc to purchase second-generation, high-performance ethanol from next year, when the main motorsport category will start using 10% ethanol blend in gas....

AWS and IBM collaborate to step up digitalization of oil & gas sector

Amazon Web Services and International Business Machines (IBM) Corporation are reportedly planning to team up to manage the disparate types of data generated by oil companies by providing easy accessibility to a set of data management tools.....

China produces record high coal output to address energy, price crux

China's coal output in October reached its highest level since at least March 2015, after Beijing’s approval of coal mine expansions to reduce exorbitant prices and improve supply. According to figures from the National Bureau of....

S. Korea temporarily cuts fuel taxes to tackle skyrocketing oil prices

The government of South Korea has reportedly announced that it has cut fuel prices by 20% for six months until April end next year. The tax-cut comes under a bid to ease the impact of skyrocketing oil prices on the nation’s inflation ....

Content Llama raises $2.8Mn to boost expansion and promote employment

Donegal-based automated product content configuration platform, Content Llama has reportedly raised USD 2.8 million (EUR 2.5 million) in a funding round led by the Western Development Commission and Elkstone Partners. It has been speculate....

Foxconn acquires Lordstown Motor’s Ohio plant for USD 230 million

Electric pick-up truck manufacturing company Lordstown Motors has reportedly sold its 6.2 million sq. ft Lordstown, Ohio factory to Foxconn, the Taiwanese hardware manufacturer best known for producing Apple's iPhone. According to a st....