Ever since the outbreak of the novel coronavirus pandemic and the race to find out a vaccine or a cure for the disease caused by the virus called Covid-19, Merck & Co Inc has more or less remained on the sidelines.   But bow the company is acquiring Austrian vaccine maker Themis...

Net income of HP Inc. amounted to $ 1.442 billion according to the results of the first six months of the 2019-2020 financial year ending April 30. This is 9% lower compared to the same period of the previous financial year, the company reports. Diluted earnings per share in the reporting period...

Fiat Chrysler Group (FCA) announced a phased launch of two plants in the state of Mexico; BMW will begin production on May 27. “We are opening with 40% of employees at each of the enterprises. This is an orderly and safe launch according to the protocols of the Ministry of Health,” the publication...

General Motors planned on a “seven business days” operation model to cope with shrinking exports. This month, General Motors has planned to make a sharp reduction in the output for its unit in South Korea which produces the company’s “new Trailblazer sport-utility vehicle”. The decision has been...

Financial gains remained the primary motive of hackers conducting cyber attacks since 2019, concluded a recent annual report by Verizon called the Data Breach Investigations Report.   The report was published on the very day that the airlines firm EasyJet said that its servers were hacked...

As of Monday, May 18, about 91% of medium and small enterprises in China have resumed work, which was suspended due to the pandemic of the coronavirus infection COVID-19, according to official data. From the point of view of industries, 93% of companies resumed their activities in the manufacturing...

The UK retailer Marks & Spencer told about changing consumer habits during a pandemic. Its clients now prefer sportswear to suits and ties, and bras have become the most popular category of goods. In the context of the coronavirus pandemic, sportswear, sleepwear and bras became the most popular...

Alleging that McDonald's had failed to adopt and implement government safety guidance on Covid-19, thereby putting the lives of the employees and their families in danger of being infected with the disease, five employees of the company in Chicago filed a class action lawsuit against the chain on...

The German automobile group Volkswagen agreed to pay €9 million to dismiss a case against the head of the board of the automobile concern Herbert Diess and the chairman of the supervisory board, Hans Dieter Pötsch, according to Handelsblatt. German prosecutors in Braunschweig charged Diess and...