In recent developments, French biotechnology organization Valneva SE has announced positive results in the early-stage clinical trials of its inactivated COVID-19 vaccine candidate, VLA2001. Following the recent development, the company&rsq....

Japanese multinational engineering, electrical equipment, and electronics firm, Mitsubishi Heavy Industries Engineering Ltd. (MHIENG) has reportedly set up a new Technical Service Center in Singapore within MHI-AP (Mitsubishi Heavy Industri....

Individuals with or without COVID-19 signs can get BinaxNOW without the need for a prescription. Abbott is reportedly planning to deliver BinaxNOW to major consumer goods retailers. American multinational medical device company Abbott....

LG Electronics Inc., a South Korean multinational electronics company will reportedly be winding up its loss-making smartphone division after failing to find a buyer for the same. This makes LG electronics the first major phone manufacturer....

Snap Inc., the parent company of the renowned multimedia messaging platform Snapchat, is reportedly planning to continue its foray into the hardware device industry by launching augmented reality (AR) glasses dubbed as Spectacles 3, along w....

According to reliable sources, shares of Air Asia Group Berhad fell by 6.2% in the first half-session of trading post the announcement of its record quarterly loss. Lockdowns in Malaysia during the first quarter closed borders, and a longe....

American institutional investment manager Carlyle Aviation Partners is reportedly planning to acquire Fly Leasing Ltd., an Ireland-based aircraft leasing investment company for USD 2.36 billion. Fly Leasing shareholders would receive USD 1....

Porsche AG, a German manufacturer of high-performance cars, is planning to make its subscription services available in five additional U.S. cities soon. The company also intends to add its electric vehicle (EV) Taycan to the list of availa....

The US Department of Justice is reportedly extending its antitrust review for the USD 1.175 billion acquisition deal between Sony and AT&T for major anime-streaming giant Crunchyroll last year. The investigation extension comes along t....

FloBiz, a tech startup that provides a billing and accounting application for SMBs (small and medium businesses), has reportedly secured USD 10 million funding in a Series A round led by Elevation Capital. Sources close to the matter stated....