The exclusive rights to commercialization rights to SRP-9001, the United States based pharma biotech company Sarepta’s investigational gene therapy for Duchenne muscular dystrophy (DMD), will be bought by Basel, Switzerland-based Roche in a $1.15 billion deal. The deal will allow Roche to launch...

Following the observation of a German court that some of the business processes of the ride hailing company Uber did not respect local law, the US based firm has said that it will make the necessary changes so that it can avoid being banned from the German market.   The business process...

The sanctions by the United States on companies that are currently constructing a Russian natural gas pipeline to Germany have been criticized by Germany and the European Union.   US president Donald Trump was accused of interfering in national and bloc sovereignty by both the parties....

After a press report about foreign prisoners who were victims of forced labour, were used for packaging Christmas cards made by a Chinese factory, the British supermarket giant Tesco suspended ties with the Chinese supplier on Sunday. The matter came to light after a customer of the cards found...

An investment plan of 5 billion euro ($5.54 billion) in Italy along with assurances for job security has been given by the Italian carmaker Fiat Chrysler after its merger with the French rival PSA, said the workers’ union at Fiat following a meeting with the management of the company.   The...

The first test flight of Boeing’s Starliner spacecraft did not manage to achieve its mission – successfully reaching the International Space Station. The launch which took place from Cape Canaveral in Florida according to schedule on 20 December did make it successfully into an orbit around Earth...

Nike investors are apparently not happy with the company’s earnings even after the share price of the company touched a record high on Thursday.   After the company announced fiscal second quarter results that easily beat the market estimates, the shares of the company went down in late hour...

In a landmark ruling, a Paris court held the French telecoms group Orange and its former CEO Didier Lombard guilty of “moral harassment” resulting in a number of suicides in the company during a period in the late 2000s when the company was undergoing a restructuring.   According to analysts...

The advertising watchdog of the United Kingdom has ruled that it was preventing British American Tobacco (BAT)’s all forms of advertisement of its e-cigarettes on all of the public accounts on Instagram which would also include the accounts of some of the social media influencers that it has...

The 2019 year is set to wend on a high note for the European aircraft manufacturer Airbus as all of the major civil aircraft programmes of the company are currently on course to record a book-to-bill ratio above one. This was announced by the chief commercial jet salesman of the company Christian...

Five big oil companies of the United States and Europe are being put under pressure by an activist group by putting through shareholder resolutions which demand that the companies do more so that they meet the goals and objectives of the Paris climate accord and reduce carbon emissions from their...