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Latest

Takeda to sell Shire’s dry-eye drug Xiidra to Novartis in $3.4B deal
Healthcare
Saipriya Iyer Date: May 11, 2019

Takeda to sell Shire’s dry-eye drug Xiidra to Novartis in $3.4B deal

About 400 Takeda employees working on Xiidra and based mostly in Canada and the U.S. will transfer over to Novartis Reports confirm that Takeda, a research and development-driven pharmaceutical com....
McDonald’s to introduce its global menu in the U.S. to boost sales
Food
Pankaj Singh Date: May 10, 2019

McDonald’s to introduce its global menu in the U.S. to boost sales

The new items will be from Spain, Canada, Australia and the Netherlands. The fast-food chain McDonald’s has reportedly announced to bring some items from its international menu to the U.S. The ch....
Vodafone agrees contract with Telefonica to secure Liberty Global deal
Technology
Pankaj Singh Date: May 09, 2019

Vodafone agrees contract with Telefonica to secure Liberty Global deal

The decision on the Liberty Global deal is anticipated in July. British multinational company Vodafone has reportedly agreed for a cable agreement with Telefonica in Germany to relieve its concern....
DoE to invest $89M to support advanced manufacturing technologies
Manufacturing
Pankaj Singh Date: May 08, 2019

DoE to invest $89M to support advanced manufacturing technologies

The investment will help augment the global competitiveness of the U.S. manufacturing sector. The U.S. Secretary of Energy, Rick Perry has recently announced an investment of about $89 million to s....
McCain Foods expands investment in Brazil, buys 70% stake in Sérya
Food
Saipriya Iyer Date: May 07, 2019

McCain Foods expands investment in Brazil, buys 70% stake in Sérya

The investment enables McCain to focus more on local development of high value-added products McCain Foods has reportedly acquired a 70% stake in Sérya, a Brazil-based food company operating in th....
Total signs $8.8B deal with Occidental to buy Anadarko’s Africa assets
Energy and power
Saipriya Iyer Date: May 06, 2019

Total signs $8.8B deal with Occidental to buy Anadarko’s Africa assets

Occidental was looking to sell assets worth $10-$15 billion for underwriting the $38 billion proposed takeover bid for Anadarko Reports confirm that French oil giant Total S.A. has formally inked a....
U.S. Steel plans to inject around $1 billion in its Mon Valley Works
Manufacturing
Pankaj Singh Date: May 04, 2019

U.S. Steel plans to inject around $1 billion in its Mon Valley Works

The U.S. Steel employees welcomed the latest announcement, with Union leaders commenting that the upgrades are most likely to bolster job security. The American integrated steel producer, U.S. Stee....
Biogen’s Tofersen drug shows promising results from Phase 1 trial
Healthcare
Pankaj Singh Date: May 03, 2019

Biogen’s Tofersen drug shows promising results from Phase 1 trial

Biogen is reportedly advancing the drug into further trials, aiming to make it work in larger groups of patients, over longer time periods. The American multinational biotechnology company, Biogen ....
AmSty and Agilyx establish new polystyrene recycling JV Regenyx
Chemicals
Saipriya Iyer Date: May 02, 2019

AmSty and Agilyx establish new polystyrene recycling JV Regenyx

The newly formed JV would be solely dedicated for fully recycling postconsumer polystyrene materials. The new JV would be assuming Agilyx’s Oregon-based facility to carry out the recyclin....

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