Apple & Volkswagen join hands to manufacture self-driving vans
Published: Just now   Author: Saif Ali Bepari

Apple has apparently teamed up with the German automotive giant Volkswagen to manufacture self-driving vehicles that would ferry employees across its campuses. As per reliable sources, the latest collaboration would pr...

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Tesco Plc bans non-recyclable packaging for its own products
Published: 10 hours ago   Author: Dhananjay Punekar

Tesco Plc, a UK based grocery & general merchandise retailer, has decided to impose a ban on all non-recyclable packaging on its own products. The decision is apparently aimed at reducing the proportion of plastic ...

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JetBlue-backed Zunum planning to bet big on hybrid-to-electric planes
Date: 2018-05-23   Author: Sunil Hebbalkar

The United States based JetBlue Airways is reportedly lending support to a private hybrid plane manufacturing start-up called Zunum. As per reliable sources, Zunum is looking forward to launching fully electric planes ...

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Grab & Maybank team up to drive adoption of mobile wallets in Malaysia
Date: 2018-05-23   Author: Dhananjay Punekar

Grab, the globally renowned Singapore headquartered ride-hailing firm, is reportedly planning to collaborate with Malayan Banking Bhd, the biggest bank in Malaysia. The partnership is targeted toward encouraging the ap...

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Sembcorp Marine & Shell Offshore ink a deal for Shell’s Vito FPU
Date: 2018-05-22   Author: Dhananjay Punekar

Sembcorp Marine Limited, a division of Sembcorp Industries, has apparently entered into an agreement with Shell Offshore Inc., a crude oil & natural gas producer and a division of Royal Dutch Shell PLC. The deal ha...

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AGL remains stubborn on Liddell closure, rejects Alinta’s purchase bid
Date: 2018-05-21   Author: Dhananjay Punekar

AGL Energy Limited, a public listed firm in Australia involved in both the production & retailing of electricity & gas, has apparently rejected Alinta Energy’s USD 250 million bid for the Liddell power st...

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China scraps anti-subsidy probe to resolve trade dispute with U.S.
Date: 2018-05-20   Author: Dhananjay Punekar

China has reportedly done away with its anti-dumping and anti-subsidy investigation against the sorghum imports from the U.S., with an intention to resolve its trade conflicts with the U.S. According to the Ministry of...

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Brisbane City Council votes to ban single-use bottles & plastic straws
Date: 2018-05-19   Author: Dhananjay Punekar

The Brisbane City Council, one of Australia’s largest metropolitan jurisdictions, has apparently announced to become the most environment friendly council after it pledged to ban single-use plastic bottles, heliu...

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Santos’s Board support for Harbour’s bid treading on uncertain waters
Date: 2018-05-18   Author: Dhananjay Punekar

Harbour Energy, a U.S. based energy investment firm, is still doubtful over its plans to acquire Santos, a leading oil & gas producer, for nearly USD 13.7 billion. Sources cite that after nearly a month of diligenc...

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Total requests for sanction waiver to continue with South Pars project
Date: 2018-05-18   Author: Dhananjay Punekar

Total S.A., a France-based Oil & Gas firm, has threatened to withdraw from the proposed natural gas venture in Iran if the U.S. President persists with his decision of not waiving off the secondary sanctions on int...

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Apple sues Samsung for $1 bn over smartphone design patent violation
Date: 2018-05-17   Author: Dhananjay Punekar

In what may seem to be one of the most iconic litigation issues witnessed across the tech industry, Apple Inc. is demanding damages worth USD 1 billion from Samsung on the grounds of its smartphone copyright infringeme...

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Japan car parts maker Yazaki hit with $46mn penalty for cartel conduct
Date: 2018-05-16   Author: Saif Ali Bepari

Yazaki Corporation, a Japanese car parts manufacturer, has reportedly been fined with a record penalty of around USD 46 million for anti-competitive cartel conduct by Australia’s Federal Court. As per reliable so...

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Xerox kills deal with Fujifilm, inks new agreement with Icahn & Deason
Date: 2018-05-14   Author: Satarupa De

Xerox, the iconic American global photocopier corporation, has made it clear in its most recent official statement, that it would terminate its iconic 6.1-billion-dollar deal with the Japanese company Fujifilm. Instead...

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Walmart to terminate grocery delivery alliances with Lyft & Uber
Date: 2018-05-14   Author: Saif Ali Bepari

Walmart, the foremost retail corporation based in U.S., has apparently announced that it plans to very soon end its grocery delivery experiment with ride hailing moguls Lyft and Uber. As per reliable sources, the groce...

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Cadent moves ahead to create UK’s first large-scale hydrogen network
Date: 2018-05-13   Author: Ojaswita Kutepatil

Gas distribution giant Cadent has recently announced that it will be investing over £900 million in developing UK’s first-of-its-kind large scale hydrogen network in the North West of England. Reportedly, t...

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Canon on its way to acquire the Israeli video analysis firm BriefCam
Date: 2018-05-11   Author: Paroma Bhattacharya

Canon Inc. has reportedly announced that it has been planning to purchase the Israel-based video analysis company BriefCam Ltd. As per experts familiar with the matter, this acquisition falls among the latest trend of ...

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Vodafone buys broadband & cable assets of Liberty Global for EUR 18bn
Date: 2018-05-11   Author: Saif Ali Bepari

In a bid to transform its services portfolio, the British telecommunications behemoth Vodafone has apparently inked an agreement worth EUR 18.4 billion to acquire the broadband and cable TV businesses of Liberty Global...

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ISA and TAU Ventures to launch Xcelerator for emerging startups
Date: 2018-05-10   Author: Ojaswita Kutepatil

The Israel Security Authority (ISA), also popularly known as Shin Bet in Hebrew, in partnership with the venture capital fund TAU Ventures, has recently announced that they will be launching a startup accelerator progr...

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Sears offers tire installation services for orders from Amazon brands
Date: 2018-05-10   Author: Satarupa De

Renowned integrated retailer, Sears Holdings has recently made it to the headlines with the news of its renewed partnership with Amazon. As per authentic sources, through this collaboration, Sears Auto Centers would be...

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Quebecor to repurchase its stake in Caisse for USD 1.69 billion
Date: 2018-05-09   Author: Ojaswita Kutepatil

Quebecor Inc., a communications company, has recently announced that it has entered into a definitive agreement with Quebecor Media Inc. to gain control of the Caisse de dépôt et placement du Québec...

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Walmart to alter opioid prescription policies at its pharmacies
Date: 2018-05-08   Author: Ojaswita Kutepatil

In a bid to curb opioid misuse and abuse, Walmart Inc., has announced that it will only fill first-time opioid prescriptions for acute pain to seven days or even less across the United States. Reportedly, the initiativ...

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AstraZeneca inks a $538 million sales rights contract with Luye Pharma
Date: 2018-05-08   Author: Saif Ali Bepari

The Anglo-Swedish pharmaceutical major AstraZeneca has apparently announced to have sold the rights for Seroquel and Seroquel XR treatments, to Luye Pharma for an approximate $538 million. As per reports, the deal is i...

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KEPPEL to raise over S$300 mn for the purchase of Jurong’s data center
Date: 2018-05-07   Author: Dhananjay Punekar

KEPPEL DC Reit, a real estate investment trust firm based in Singapore, has declared that it is planning to raise funds worth S$303.10 million through a private placement for acquiring a new data center. The firm may p...

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UBTECH Robotics receives USD 820 million through Series C funding
Date: 2018-05-07   Author: Dhananjay Punekar

UBTECH Robotics Inc., a China based manufacturer of intelligent robotic systems, has declared the closure of the Series C funding round, which was estimated at USD 820 million. Reportedly, the fund-raising round was le...

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DHL deploys second Boeing 747-400F airfreight to meet Asian demand
Date: 2018-05-04   Author: Paroma Bhattacharya

DHL Global Forwarding, a reputed provider of air and ocean freight forwarding services, announced that it will be expanding its air freighter operation to meet the growing demand in the Asian as well as Trans-Pacific t...

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Ellgia inks an agreement with Ferrybridge to create energy from waste
Date: 2018-05-01   Author: Saif Ali Bepari

The UK based waste and recycling management firm, Ellgia Limited has apparently announced to have secured a contract to supply refuse derived fuel (RDF) to Ferrybridge Multifuel Energy Limited (FM1). As per reliable so...

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Prologis signs billion-dollar pact to buy DCT Industrial Trust
Date: 2018-04-30   Author: Dhananjay Punekar

Prologis Incorporation, a world leader across the logistics real estate sector, has proclaimed that it plans to buy DCT Industrial Trust Inc., a real estate major based in the U.S. The deal has been valued at USD 8.4 b...

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SIA to launch nonstop 19-hour flight from Singapore to New York
Date: 2018-04-29   Author: Ojaswita Kutepatil

Singapore Airlines (SIA) in its recent announcement has unveiled that it will soon be picking up its new ultra-long-range aircraft in Q3 2018, to launch a non-stop flight to New York that will commence by the end of th...

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Tencent decides to launch its first Asean data center in Cyberjaya
Date: 2018-04-28   Author: Dhananjay Punekar

Tencent Holdings Limited, a China based investment holding firm, and Tourism Malaysia are planning to jointly set up a data center in Cyberjaya, Malaysia. Sources claim that the strategic move is a part of the Smart To...

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Ohmio Automotion signs 150 autonomous shuttle deal with SolaSeaDo
Date: 2018-04-26   Author: Dhananjay Punekar

In what may be remarkably touted as one of the biggest transactions in the autonomous space, Ohmio Automotion, a New Zealand based automobile manufacturer, has signed a deal with SolaSeaDo. The Kiwi company has entered...

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Go-Jek & ComfortDelGro to discuss ways for a potential partnership
Date: 2018-04-25   Author: Dhananjay Punekar

Go-Jek, a ride-hailing app provider based in Indonesia, is apparently trying to enter into a joint venture with ComfortDelGro Corp., a Singapore based land transport firm. Earlier, ComfortDelGro Corporation had signed ...

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Ryanair places an order for 25 additional 747 MAX jets with Boeing
Date: 2018-04-25   Author: Dhananjay Punekar

Ryanair DAC, the Dublin headquartered low-cost airliner, has reportedly decided to purchase an additional of 25 Boeing 737 MAX jets valued at nearly USD 3 billion at list price. The deal would potentially increase its ...

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Amazon, Netflix tie up with studios to file litigation against Set TV
Date: 2018-04-24   Author: Dhananjay Punekar

Amazon Inc., the globally reputed eCommerce magnate, and the U.S. based entertainment firm Netflix, have partnered with several Hollywood studios to sue rival Set TV’s streaming business. Some of the top names in...

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Azalea to provide access to PE investments for retail investors
Date: 2018-04-24   Author: Dhananjay Punekar

Azalea Investment Management, a division of the Singapore based Temasek Holdings Private Limited, has apparently been attempting to provide access for private equity investors. Reports state that the access is likely t...

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Humana & PE firm consortium to buy Curo Health for $1.4 billion
Date: 2018-04-23   Author: Paroma Bhattacharya

A consortium consisting of the notable U.S. health insurer Humana along with PE firms Welsh, Carson, Anderson & Stowe and TPG Capital announced that they have reached an agreement to acquire Curo Health Services, a...

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Bill 13 to ensure energy retailers attend to billing complaints pronto
Date: 2018-04-21   Author: Paroma Bhattacharya

Under a new bill introduced in Alberta, Canada, electricity and gas retailers in the state will be liable to pay hefty fines if they fail to settle customer billing complaints. Bill 13 now gives the Alberta Utilities C...

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Evonik launches RESOMER composite polymers for bone fixation devices
Date: 2018-04-20   Author: Ojaswita Kutepatil

Evonik, one of the leading biodegradable bone graft polymers industry majors, has recently announced the launch of its very first product grade from a brand-new product line of RESOMER Composite polymers.  ...

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Aldi leads UK supermarket list for MSC labeled sustainable seafood
Date: 2018-04-19   Author: Dhananjay Punekar

The Marine Stewardship Council (MSC) has apparently revealed that Aldi is far ahead of its business rivals in sustainable seafood service offerings for UK seafood consumers. For the record, Aldi’s seafood offerin...

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Russia requests Apple & Google to cut off Telegram from app stores
Date: 2018-04-18   Author: Dhananjay Punekar

The Russian government has put in a formal request to tech giants Google and Apple Inc., to eliminate the encoding messaging services of Telegram from its app stores. Last week, the Russian court had given the verdict ...

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Porsche aims to set up 500 fast charging stations in the U.S. by 2019
Date: 2018-04-17   Author: Dhananjay Punekar

The reputed German high-performance sports car manufacturer, Porsche, has apparently decided to introduce a supercharger-like network of fast charging stations at highway sites & dealerships in the U.S. Klaus Zellm...

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Alcheme Skincare culminates its initial round of seed funding
Date: 2018-04-16   Author: Dhananjay Punekar

Alcheme Skincare, a reputed Singapore-based disruptive skincare company, has apparently declared the successful closure of the initial seed funding round. Major capital investments in this round have been brought forwa...

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Sarawak gov obtains dividends post investment in three MLNG plants
Date: 2018-04-15   Author: Saipriya Iyer

The government of Sarawak has reportedly received nearly MYR 20 billion in accumulated dividends after it made a substantial investment in three MLNG (Malaysia Liquefied Natural Gas) plants in Bintulu. The news has com...

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Razer launches digital game store on e-commerce portal Lazada
Date: 2018-04-14   Author: Dhananjay Punekar

Razer Inc., a gaming hardware manufacturing firm, has introduced an online game store on the eCommerce web portal of Lazada Group on which its gaming hardware products & peripherals are currently being sold. Though...

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Acciona Energy to construct a 265 MW solar farm in Queensland
Date: 2018-04-13   Author: Dhananjay Punekar

Acciona Energy, a division of Acciona, has acquired a USD 500 million contract for constructing a solar farm in Queensland. It has been speculated that the solar farm is likely to generate nearly 265 MW of power that w...

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Saint John Airport to be a part of a massive modernization program
Date: 2018-04-13   Author: Dhananjay Punekar

The New Brunswick administration has made it public that the Saint John Airport will undergo renovation as a part of an airport modernization program, which is estimated to cost nearly USD 20 million. The authorities f...

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Aramco signs MoU with 3 Indian Oil firms to acquire 50% stake in RRPCL
Date: 2018-04-12   Author: Dhananjay Punekar

Saudi Aramco, a leader in global oil production, has entered into a MoU (Memorandum of Understanding) with India’s three major oil marketers. The agreement, inclusive of Hindustan Petroleum Corporation, Indian Oi...

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WebAuthn gets approved as a standard protocol from W3C- FIDO alliance
Date: 2018-04-11   Author: Dhananjay Punekar

The W3C and FIDO joint venture has reportedly revealed a new standard tool for strongly authenticating its websites and displacing the passwords. It is the first such initiative adopted by both the firms for standardiz...

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Apple Inc. loses a patent infringement lawsuit against VirnetX
Date: 2018-04-11   Author: Dhananjay Punekar

A federal court in the state of Texas has reportedly asked Apple Inc. to pay nearly USD 502.6 million to patent troll VirnetX, for the infringement of its four patents associated with secure internet communications. Ac...

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Luye’s NHC buyout to fulfill the demand for cardiovascular treatment
Date: 2018-04-10   Author: Saipriya Iyer

Luye Medical Group Co., Ltd, a renowned Singapore-based hospital operator has scarcely made a major investment in the NHC (Novena Heart Centre). If reports are to be believed, the valuation of the signed agreement has ...

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Keppel signs a pact with KrisEnergy to upgrade its marine assets
Date: 2018-04-09   Author: Dhananjay Punekar

Upstream oil & gas major KrisEnergy has signed a cooperation pact with Keppel Corporation, thereby appointing Keppel as its ideal contractor. Keppel, a major investor in KrisEnergy, had entered into a deal with Kri...

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Dialog signs MoU with Johor to invest in Pengerang Deepwater project
Date: 2018-04-08   Author: Paroma Bhattacharya

Dialog Group Berhad, one of the integrated technical service providers to oil & gas and petrochemical industries, signed a memorandum of understanding with Johor government to invest RM 2.5 billion in phase three o...

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Fitters commences sale of renewable energy to Tenaga Nasional Bhd
Date: 2018-04-07   Author: Satarupa De

Ezion Holdings, a Singapore based firm operating across oil & gas business, is predicted to raise nearly S$50 million through the issuing of shares to its strategic shareholder Temasek Holdings. According to authen...

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Shell decides to sell its entire stake in Gaza Marine Gas field
Date: 2018-04-06   Author: Dhananjay Punekar

Royal Shell, an established oil & gas firm, has entered into a deal with the PIF (Palestine Investment Fund) to sell its total share in the Gaza Marine gas facility, offshore Palestine, to a local investment firm. ...

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Alibaba in initial stages of planning to fund ridesharing firm Grab
Date: 2018-04-06   Author: Dhananjay Punekar

Alibaba, the Chinese eCommerce firm, may reportedly invest in Grab, a ride-sharing firm based in Singapore. Last year, these two firms had actually been discussing about the investments, however, the talks failed to ma...

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Amazon gears up to establish a new distribution unit in Las Vegas
Date: 2018-04-05   Author: Dhananjay Punekar

Amazon Inc., the reputed eCommerce giant, has announced that it plans to construct yet another warehouse packaging & distribution unit in Las Vegas, Nevada. Incidentally, the establishment will be inaugurated in 20...

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Ford Escape receives a dismal rating in IIHS’s passenger safety trials
Date: 2018-04-05   Author: Dhananjay Punekar

Ford Escape SUV, a reputed car model of the Ford Motor Company, has been rated as “poor” by the Insurance Institute for Highway Safety (IIHS) in its new passenger side front crash test results. The new mode...

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Energy management firm SensorFlow raises S$750K led by Cocoon Capital
Date: 2018-04-04   Author: Dhananjay Punekar

A Singapore based energy management company, SensorFlow, has reportedly raised funds worth USD 573K (S$750K) from prominent investors such as Cocoon capital, SG Innovate, and SparkLabs via its initial fundraising round...

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Walmart may be planning to acquire pharmacy startup PillPack
Date: 2018-04-03   Author: Dhananjay Punekar

Walmart Inc., the globally reputed brand across the supply chain market, is discussing a purchase deal with PillPack, a pharmacy startup firm sorting medicine by dosage & delivering it to the consumer’s doors...

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Alibaba Group plans to acquire a complete ownership of Ele.me
Date: 2018-04-02   Author: Dhananjay Punekar

Alibaba Group Holding Limited, a China-based eCommerce firm, has announced that it will purchase the remaining stake of Ele.me, a platform in China providing online food delivery services to its customers. Alibaba&rsqu...

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Under Armour reveals data breach of 150 million MyFitnessPal accounts
Date: 2018-04-01   Author: Ojaswita Kutepatil

Unveiling one of the biggest hacks in the history, Under Armour, a renowned sportswear manufacturer, recently announced that some 150 million MyFitnessPal users have been hacked in a serious data breach. According to a...

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Arkansas’ attorney files litigation against opioid drug manufacturers
Date: 2018-03-31   Author: Dhananjay Punekar

In what may seem to be a jolt to the opioid drug manufacturing firms across the U.S., Arkansas’ attorney general has filed a legal suit against Johnson & Johnson, Endo International Plc, and Purdue Pharma LP....

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NHS England bans prescription for certain over-counter medications
Date: 2018-03-30   Author: Sunil Hebbalkar

The NHS England Board has decided to restrict the prescription for over-the-counter medicines that are generally advised for short-term health conditions. As per the new guidelines, products such as eye drops, cough mi...

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VW plans to purchase back diesel vehicles affected by Germany ban
Date: 2018-03-30   Author: Sunil Hebbalkar

The renowned automaker, Volkswagen is planning to buy back new diesel cars – or almost new diesel cars affected by the recent decision of German court to ban diesel car to curb pollution. Reports cite that most o...

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Google loses copyright lawsuit against Oracle over open-source s/w
Date: 2018-03-29   Author: Dhananjay Punekar

The ongoing legal battle between tech giants Google and Oracle seems to have finally reached fruition this week. The U.S. appeals court has given its decision in favor of Oracle that had incidentally sued Google over t...

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Intercom attains Unicorn status with USD 125 million funding
Date: 2018-03-28   Author: Dhananjay Punekar

Intercom, a U.S. based technology firm, has reportedly raised funds worth USD 125 million with the objective of investing the same in shipping new products and enhancing its already existing product portfolio. Venture ...

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Avaya makes its cloud UC services available in NZ via Pyrios deal
Date: 2018-03-27   Author: Dhananjay Punekar

Avaya, a U.S. based tech firm, is likely to provide unified communications & contact center solutions in NZ by collaborating with Pyrios, a communications tech specialist firm. According to the CEO of Pyrios, Robyn...

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ObvioHealth raises $3 million to facilitate mobile clinical trials
Date: 2018-03-25   Author: Paroma Bhattacharya

ObvioHealth, one of the notable “site-less” clinical trial companies of Singapore, recently announced raising $3 million in a Series A funding round. Reportedly, the financing will help the firm in supporti...

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GSK’s Juluca gets European Medicines Agency approval for HIV therapy
Date: 2018-03-24   Author: Dhananjay Punekar

European Medicines Agency, an EU authority that evaluates medicinal products, has approved GlaxoSmithKline’s two-drug treatment for HIV (human immunodeficiency virus), that causes AIDS (Acquired Immune Deficiency...

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ENGIE invest S$80mn to develop district cooling projects in Singapore
Date: 2018-03-23   Author: Dhananjay Punekar

ENGIE, a reputed French electric utility firm, has apparently decided to offer funds worth S$80 million for developing an innovation unit in Singapore within a span of five years. The strategic move is aimed at bringin...

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BlackBerry & Jaguar enter a pact to jointly work on autonomous cars
Date: 2018-03-22   Author: Dhananjay Punekar

BlackBerry Limited, the reputed Canada based firm specializing in enterprise software & IoT, has signed a multi-year partnership agreement with Jaguar Land Rover Limited, a subsidiary of Tata Motors, to develop sof...

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Alibaba prioritizes SEA expansion, pours in USD 2bn more in Lazada
Date: 2018-03-19   Author: Dhananjay Punekar

Alibaba Group Holding Limited, a Chinese eCommerce & retail firm, is expected to provide an additional investment worth USD 2 billion to Lazada Group SA, an eCommerce firm headquartered in Singapore.  Incident...

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Grofers secures USD 61.6 million in funding round led by SoftBank
Date: 2018-03-18   Author: Dhananjay Punekar

Grofers, an India-based online grocery delivery service, has received funds worth USD 61.6 million from SoftBank Group via its initial fund-raising round. Incidentally, the round also witnessed the participation of Apo...

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Mayne Pharma Group launches a generic alternative to Monodox in U.S.
Date: 2018-03-17   Author: Sunil Hebbalkar

Mayne Pharma Group, the Australia-headquartered drug delivery conglomerate, has recently announced the launch of doxycycline monohydrate IR capsules in the United States. Reportedly, the scarcely launched drug is a gen...

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Top Glove enters USD 310 million loan pact to purchase Aspion
Date: 2018-03-16   Author: Dhananjay Punekar

Top Glove Corporation Berhad, a reputed Malaysian firm manufacturing rubber gloves, has signed an agreement for getting a syndicated loan, estimated at USD 310 million, with a group of eight banks. According to the com...

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Lyft & Magna team up to speed up self-driving vehicle development
Date: 2018-03-15   Author: Dhananjay Punekar

Lyft, an on-demand transportation firm headquartered in the U.S., is forming an alliance with Magna International Inc., a Canada based automotive component supplier, to develop autonomous cars. Industry analysts believ...

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MSU & Ben-Gurion team up on sustainable water preservation solutions
Date: 2018-03-14   Author: Dhananjay Punekar

The Midlands State University (MSU), a government owned university in Zimbabwe, has formed an alliance with Ben-Gurion University of the Negev, a public research university based in Israel. The agreement is apparently ...

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Sprim & Tikehau contribute $50mn toward medtech & life science sectors
Date: 2018-03-13   Author: Dhananjay Punekar

Tikehau Capital, a private equity firm headquartered in France, has scarcely formed an association with Sprim Ventures, an investor in early stage health solutions. The alliance aims to introduce a USD 50 million early...

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Keppel Corp signs a deal with AWILCO to build semi-submersible rig
Date: 2018-03-12   Author: Satarupa De

Keppel Offshore & Marine has apparently been awarded a contract of USD 425 million from AWILCO Drilling Plc to build a midwater, semi-submersible harsh-environment drilling rig. Allegedly, under the agreement, the ...

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Cybersecurity magnate McAfee acquires VPN company TunnelBear
Date: 2018-03-11   Author: Paroma Bhattacharya

McAfee, one of the reputed cybersecurity giants, has recently acquired TunnelBear, a consumer VPN company for an undisclosed amount. The acquisition of TunnelBear will align McAfee’s vision of protecting customer...

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Lidl commits on curtailing plastic waste by eliminating reusable bags
Date: 2018-03-10   Author: Satarupa De

In response to the rising crisis of plastic waste in UK, Lidl has apparently promised to bringdown reusable plastic bags in the nation. The German discount supermarket retailer, this Friday, has made it to the headline...

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Grab’s latest shared bike app paves way into Singapore market
Date: 2018-03-09   Author: Satarupa De

Ride-hailing giant Grab is apparently venturing into the personal mobility device space with the launch of its latest mobile app. Dubbed as GrabCycle, this new mobile app would give users the access to shared e-scooter...

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FDA gives a ‘go-ahead’ for Made-in-China HIV drug Trogarzo
Date: 2018-03-08   Author: Dhananjay Punekar

The U.S. Food and Drug Administration has apparently given a green signal for the use of Trogarzo, a drug used in alternative HIV therapy for adult patients. Also referred to as Ibalizumab-uiyk, this drug has been deve...

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Toyota plans to stop diesel-powered car sales in Ireland from 2019
Date: 2018-03-07   Author: Dhananjay Punekar

Toyota Motor Corporation has reportedly become the first automotive firm to discontinue the manufacturing of passenger cars powered by diesel. Beginning 2019 onwards, claim company sources, the automaker will not be se...

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Scientists develop a tremor suppression glove for Parkinson’s patients
Date: 2018-03-06   Author: Dhananjay Punekar

In a major breakthrough witnessed across the healthcare industry, researchers from the Western University have successfully created a functional model of a new 3D printed tremor suppression glove. Apparently, this kind...

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MHIEC to renovate Tachibana Waste-to-Energy unit in Takatsu district
Date: 2018-03-05   Author: Dhananjay Punekar

The Kawasaki City has apparently put in a request to the MHEIC with regards to its current unit of waste to energy (WtE) unit. Mitsubishi Heavy Industries Environmental & Chemical Engineering Company Limited (MHIEC...

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Intermountain Healthcare sets up its first virtual hospital in Utah
Date: 2018-03-04   Author: Paroma Bhattacharya

Intermountain Healthcare, a nonprofit organization renowned for dealing with telemedicine for the past five years, has recently made it to the headlines for establishing Connect Care Pro, its first virtual hospital....

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Irish payroll software company Payslip receives capital worth €1m
Date: 2018-03-02   Author: Sunil Hebbalkar

One of the most prominent financial technology companies, Payslip, based in County Mayo, Ireland, has received a funding of €1 million from several notable investors. This startup company supplies software solutio...

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Alibaba & NTU collaborate to conduct AI research in Singapore
Date: 2018-03-01   Author: Dhananjay Punekar

Globally renowned Chinese eCommerce firm Alibaba, has reportedly launched its first joint research program in Singapore in association with the Nanyang Technological University (NTU). According to reliable sources, Ali...

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INPEX buys out Abu Dhabi offshore oil share for USD 600 million
Date: 2018-02-28   Author: Dhananjay Punekar

INPEX Corporation, a Japanese firm involved in oil exploration & production, has reportedly secured the development rights for a 10% ownership in Lower Zakum offshore oil field at USD 600 million. According to reli...

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Lawson obtains $4.4mn for adverse drug reaction prevention program
Date: 2018-02-27   Author: Dhananjay Punekar

Lawson Health Research Institute, a London-headquartered hospital-based research institute, is likely to receive USD 4.4 million in the form of investments for conducting research on preventing adverse drug reactions. ...

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MCL plans major investment in multiple sclerosis research program
Date: 2018-02-26   Author: Dhananjay Punekar

Medical Cannabis Limited (MCL), a division of Queensland Bauxite Limited, has reportedly decided to fund a research program dealing with the deployment of the medical cannabis therapy for multiple sclerosis. It has bee...

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Hikurangi to export medical marijuana worth USD 160mn to Rhizo
Date: 2018-02-26   Author: Dhananjay Punekar

Hikurangi Cannabis, a New Zealand based medical cannabis firm, has signed a conditional offer worth USD 160 million with Rhizo Sciences, a cannabis brokerage firm headquartered in Seattle, for manufacturing 3,000 kg me...

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GM to extend cutback in vehicle production at Oshawa plant, Canada
Date: 2018-02-23   Author: Ojaswita Kutepatil

Renowned automotive industry giant General Motors has recently announced that it will be extending its cutback in the car production at its Oshawa plant located at Ontario, Canada. Reportedly, the extension of the sing...

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SaskPower to deploy smart meters for additional 7500 customers
Date: 2018-02-22   Author: Dhananjay Punekar

SaskPower, a major power utility firm in the Saskatchewan province of Canada, has decided to install 7,500 more smart meters in the region after completing the pilot installation. These smart meters are projected to be...

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Red Dot Power plans to build 50 EV charging stations by 2019
Date: 2018-02-19   Author: Ojaswita Kutepatil

Red Dot Power, the Singapore-based electricity retailer has recently announced that it will be investing around SGD 500,000 to install 50 electric vehicles charging stations in the nation by 2019. Reportedly, the firm wo...

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Greencoat Renewables to purchase yet another wind farm in Ireland
Date: 2018-02-17   Author: Dhananjay Punekar

Greencoat Renewables PLC, an Ireland based renewable-infrastructure firm, has decided to acquire Lisdowney, a 9.2 MW wind farm based in Co Kilkenny, for EUR 22.5 million. According to the ...

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Nokia to opt between a sale or shut-down for its digital health unit
Date: 2018-02-16   Author: Dhananjay Punekar

In a major turn of events witnessed across the digital health industry, Nokia has declared to have begun evaluating various alternatives for its online health activities. The firm’s decision apparently comes as a...

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Cancer Research UK CTU gets £4.5mn for pancreatic cancer research
Date: 2018-02-15   Author: Dhananjay Punekar

The Cancer Research UK, a charitable organization in the UK focusing on cancer research & healthcare, has offered funds worth £4.5 million for the Cancer Research UK Clinical Trials Unit (CTU) in Scotland aft...

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InfraCo Asia & Sunseap collaborate to build solar project in Vietnam
Date: 2018-02-14   Author: Dhananjay Punekar

InfraCo Asia Development Private Limited, a firm developing infrastructure projects in the developing regions of Southeast Asia, and Sunseap International, the global division of Singapore based Sunseap Group, have rep...

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JD.com to establish branch in Australia for ANZ eCommerce expansion
Date: 2018-02-09   Author: Dhananjay Punekar

JD.com, one of the most renowned eCommerce firms based in China, has decided to set up an office in Australia to speed up its growth across the ANZ region. Reportedly, the firm’s new headquarters in the Australia...

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MAHB signs several partnership deals to make Subang an aviation hub
Date: 2018-02-08   Author: Dhananjay Punekar

The Singapore Airshow 2018 has apparently witnessed MAHB (Malaysia Airports Holdings Bhd) inking numerous joint venture agreements as well as MoUs in order to transform Subang into an aerospace & aviation center. Acc...

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Alabama files legal case against opioid manufacturer Purdue Pharma
Date: 2018-02-07   Author: Dhananjay Punekar

In what may seem to be a major jolt to the opioid manufacturing companies in the U.S., Alabama Attorney General Steve Marshall has filed a litigation in the Montgomery court against Purdue Pharma L.P., a pharmaceutical...

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SSE commences discussions with CMA over proposed Npower merger
Date: 2018-01-31   Author: Dhananjay Punekar

SSE plc, a Scottish energy firm, reportedly, may commence talks with the Competition and Market Authority (CMA) about the proposed merger of its household supply business with Npower Limited. Sources state that the dea...

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South Korea to implement new poultry farm laws to curb avian flu
Date: 2018-01-29   Author: Dhananjay Punekar

Amidst the major fluctuations witnessed across the poultry sector in South Korea, another seemingly interesting revelation has been reported to have cropped up. The regional government authorities have made poultry san...

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Sinopec crude oil production exceeds 100-million-ton milestone
Date: 2018-01-28   Author: Paroma Bhattacharya

The Sinopec Northwest Oilfield has reportedly become China’s first crude oil producing marine carbonate reservoir that has reached a target of 100 million tons of crude oil production. For the record, the Northwe...

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SPH and Samsung team up to cooperate on marketing initiatives
Date: 2018-01-26   Author: Satarupa De

Singapore Press Holdings, the renowned media organization, has recently inked a deal with the tech giant Samsung Electronics, to help each other’s merchandizing and technology initiatives. As per reports, this stra...

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PA Resources bags RM600 mn contract to supply materials to First Solar
Date: 2018-01-26   Author: Paroma Bhattacharya

Malaysia based PA Resources Berhad has been reported to have bagged a contract worth RM600 million to supply materials to two of the units of the US-based and Nasdaq enlisted First Solar Inc., namely, First Solar Malay...

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Cairn Energy sees huge crude oil E&P opportunity across the North Sea
Date: 2018-01-25   Author: Dhananjay Punekar

Cairn Energy PLC, a renowned Europe-based firm in oil & gas exploration business, is reportedly expecting a daily production of nearly 20,000 barrels of crude oil this year from the North Sea oil fields. Sources sa...

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ADM launches a customer innovation unit at Biopolis in Singapore
Date: 2018-01-24   Author: Dhananjay Punekar

Archer Daniels Midland (ADM), a U.S. based food processing & commodities trading company, has reportedly inaugurated a customer innovation center at the Biopolis research hub in Singapore. As per sources, the new f...

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Vice Canada and Rogers Media to terminate Joint Venture
Date: 2018-01-23   Author: Dhananjay Punekar

In a key twist of activities observed across the studio business, Vice Canada and Rogers Media have declared the end of their two-year old USD 100 million partnership which was forged in 2016. According to reliable sou...

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Ocado partners with Sobeys, penetrates Canada online grocery market
Date: 2018-01-22   Author: Sunil Hebbalkar

With the success of its debut international deal with Sobeys, the Canadian retailer, Ocado, the UK based online supermarket giant has established its first venture in North America. Ocado cleared that through this stra...

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Google and Tencent sign patent-licensing agreement to share patents
Date: 2018-01-19   Author: Dhananjay Punekar

Continuing its efforts to rebuild its presence in China, Alphabet Inc.’s Google has signed a patent- licensing agreement with the nation’s largest corporation, Tencent Holdings Limited for sharing copyright...

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Aetna to pay USD 17 million to customers over HIV privacy disclosure
Date: 2018-01-18   Author: Dhananjay Punekar

In a key event witnessed across the health insurance sector, Aetna Inc., a U.S. based healthcare insurance firm, has decided to pay USD 17.2 million as a part of settlement for class-action litigation filed by its cust...

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PEMEX chose Mitsui as its partner to complete Tula plant construction
Date: 2018-01-18   Author: Dhananjay Punekar

Petroleos Mexicanos, a petroleum company owned by the government of Mexico, has chosen Mitsui, a Japanese firm, as its partner for carrying out the coking plant operations of one of its biggest refinery in Mexico. A ke...

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Lego-Tencent deal to develop safe online games for Chinese children
Date: 2018-01-16   Author: Dhananjay Punekar

The Lego Group, a renowned toy manufacturer based in Denmark, has formed a strategic alliance with Tencent Holdings Limited, one of big shots across the mobile gaming & video streaming sector, to jointly manufactur...

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China to launch debut crude oil futures contract by March 2018
Date: 2018-01-15   Author: Dhananjay Punekar

In a major breakthrough witnessed across the crude oil sector, reports have claimed that China is expected to enter its first crude oil futures deal after 23rd February 2018. It has been anticipated that the...

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Telstra advances its IoT portfolio with the launch of Narrowband
Date: 2018-01-12   Author: Sunil Hebbalkar

Australian telecommunication and media company, Telstra has developed a new IoT assisted technology, titled Narrowband, which is likely to help a large number of devices share data with less power. In fact, it has deve...

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T-Mobile declares new BOGO & other smartphone offers for users
Date: 2018-01-11   Author: Dhananjay Punekar

T-Mobile, a Germany based player across the telecommunications sector, has reportedly announced a slew of lucrative deals, one of the prime ones being, the ‘buy one, get one’ promo for its smartphones. As p...

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Toronto-Dominion Bank to purchase AI startup firm Layer 6 AI
Date: 2018-01-10   Author: Dhananjay Punekar

Toronto-Dominion (TD) Bank, a banking & financial services corporation based in Canada, is set to buy Layer 6 AI, a Canadian artificial intelligence startup firm, for an undisclosed figure. According to reliable so...

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India defends its solar energy policy against US’s legal suit at WTO
Date: 2018-01-09   Author: Dhananjay Punekar

India has apparently depicted a strong reaction to the U.S. administration’s recent criticism of the country’s solar power policies. According to reliable sources, in December 2017, the U.S. authorities had...

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EPA gives the nod to Central Australia based Arafura’s Nolans Project
Date: 2018-01-07   Author: Satarupa De

After years of dealing with the strenuous assessment process, the Central Australia based rare earth mine project has apparently received an approval by the Northern Territory EPA (Environment Protection Authority). De...

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U.S. halts Alibaba affiliate Ant Financial’s bid to acquire MoneyGram
Date: 2018-01-05   Author: Sunil Hebbalkar

U.S. officials have apparently rejected a USD 1.2 bn deal of Chinese electronic payment company, Ant Financial to acquire the U.S. based money transfer company MoneyGram. This would have been one of the major business ...

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Sanofi to comply with Philippines FDA post Dengvaxia clearance delay
Date: 2018-01-05   Author: Saif Ali Bepari

In what may be regarded as a severe blow to the French pharmaceutical giant Sanofi’s expansion plans in South East Asia, the Food and Drug Administration of Philippines has reportedly suspended clearance for the ...

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NIIT buys out Eagle Productivity Solutions for USD 8.1 million
Date: 2018-01-04   Author: Dhananjay Punekar

NIIT Limited, a major Indian firm offering computer training & learning management courses to firms, individuals, and institutes, has reportedly purchased Eagle International Institute Incorporation, a professional...

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Northeast U.S. states file a case against EPA over pollution
Date: 2018-01-04   Author: Dhananjay Punekar

Eight states of the U.S., including Delaware and Pennsylvania, have reportedly filed a legal suit against the EPA (Environmental Protection Agency) over ozone pollution. Reliable sources have stated that these Northeas...

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WHO includes gaming disorder as a mental ailment in its beta charter
Date: 2017-12-29   Author: Dhananjay Punekar

The World Health Organization (WHO) has apparently included gaming disorder in its list of mental health disorders, which is expected to be released in May next year during the eleventh update of the international clas...

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Apple likely to unveil its first retail store in Saudi Arabia by 2019
Date: 2017-12-29   Author: Saif Ali Bepari

In a bid to establish a direct presence and expand its foothold in the Middle East region, the U.S. tech behemoth Apple has been reportedly in licensing talks with Saudi Arabia to launch its first store in the Gulf Kin...

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China’s Geely expands beyond the home turf, buys stake in AB Volvo
Date: 2017-12-28   Author: Ojaswita Kutepatil

Zhejiang Geely Holding Group, the renowned Chinese company that bought Volvo Cars in 2010, has recently announced that it has agreed to acquire a stake in the Swedish bus & truckmaker Volvo AB, from activist invest...

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India to outpace China globally as the largest importer of LPG
Date: 2017-12-28   Author: Dhananjay Punekar

India is reportedly anticipated to become the world’s biggest LPG importer by the end of this month, comfortably exceeding Chinese LPG imports amounting to nearly 2.3 million tons. According to authentic sources,...

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Wesfarmers enters a deal with Coronado to sell Curragh coal mine
Date: 2017-12-27   Author: Dhananjay Punekar

In a major breakthrough witnessed across the coal mining sector, Wesfarmers Limited, an Australian firm in the retail, fertilizers, and coal mining business, is anticipated to sell Curragh coal mine to Coronado Coal Gr...

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US to revise offshore safety rules to promote more drilling activities
Date: 2017-12-26   Author: Ojaswita Kutepatil

Touted to be one of the most debatable move under the Trump administration, the Bureau of Safety and Environmental Enforcement (BSEE) is considering easing offshore oil and natural gas safety regulations that were put ...

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Boeing in discussions over acquisition of jet manufacturer Embraer
Date: 2017-12-22   Author: Dhananjay Punekar

The Boeing Company, a U.S. based firm manufacturing & selling airplanes, has grabbed headlines this week for its proposed takeover of a key jet maker. Reportedly, Boeing is amidst serious discussions to acqui...

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Top-league consortium to finance Australia’s largest wind farm
Date: 2017-12-21   Author: Dhananjay Punekar

Telstra, Coca-Cola Amatil, Melbourne University, and the Australia & New Zealand Banking Group (ANZ) are reportedly expected to buy out the energy generated from the Murra Warra wind farm in Australia. The strategi...

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FDA gives green signal to Luxturna for genetic blindness treatment
Date: 2017-12-20   Author: Dhananjay Punekar

In a major breakthrough witnessed across the healthcare sector, the U.S. Food and Drug Administration (FDA) approved Luxturna, a kind of gene therapy to treat a rare genetic eye disease caused due to gene mutation, dev...

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Toyota to develop a fully-electrified vehicle range by 2025
Date: 2017-12-19   Author: Dhananjay Punekar

Toyota Motor Corporation, a reputed Japanese automotive company, is reportedly planning to convert its entire lineup of gasoline-powered vehicles into electrified ones over the forthcoming eight years. The company appa...

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Aerion & Lockheed join hands to build first supersonic passenger jet
Date: 2017-12-18   Author: Dhananjay Punekar

In a key turn of events witnessed across the aerospace sector, Aerion Corporation, a U.S. based airplane manufacturer, and Lockheed Martin have collaboratively decided to form a strategic alliance to build the world&rs...

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Office for Nuclear Regulation sanctions new nuclear reactor design
Date: 2017-12-15   Author: Sunil Hebbalkar

The Office for Nuclear Regulation has taken a major step toward building a nuclear power station in Wales by approving Hitachi’s reactor design for Horizon Nuclear Power’s plant at Wylfa. For the record, th...

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Target’s takeover of Shipt to pose challenges to Amazon & Walmart
Date: 2017-12-14   Author: Dhananjay Punekar

Target Inc., the second largest discount store retailer across the U.S., has reportedly purchased Shipt Inc., an online grocery delivery service store, for a valuation of USD 550 million to speed up its same day delive...

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Bombardier Transportation inks deal to supply Aventra Trains to UK
Date: 2017-12-13   Author: Dhananjay Punekar

Bombardier Transportation, a rail equipment division of the Bombardier Inc. based in Canada, has entered into an agreement with a UK rail firm to supply nearly 333 of its rail cars to the latter for USD 724 million. Ac...

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Sanofi’s first short-acting insulin, Admelog receives FDA approval
Date: 2017-12-12   Author: Sunil Hebbalkar

The U.S. FDA has approved first short-acting insulin, Admelog to control increasing risk associated with diabetes. After several clinical trials on Admelog from September 2017, FDA has now granted the final approval to...

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Mineral Resources places the highest bid worth $484mn to acquire AWE
Date: 2017-12-11   Author: Sunil Hebbalkar

The Australian mining company, Mineral Resources has placed a bid of USD 484 million on the AWE gas company. Apparently, this is the third takeover bid placed in the last two months by major firms to acquire the Austra...

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CPPIB acquires major stake worth around USD 248 million in GHKLP
Date: 2017-12-08   Author: Dhananjay Punekar

The logistics & real estate sector in Hong Kong may have just witnessed a rather remunerative step toward its development. As per sources, the Canada Pension Plan Investment Board (CPPIB) made an investment of near...

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Oath Inc. files a litigation against Mozilla for agreement breach
Date: 2017-12-07   Author: Dhananjay Punekar

Oath Inc., the parent firm of Yahoo, has reportedly filed a legal suit against Mozilla Firefox citing that the firm had violated a long-term deal with the former, through the replacement of Yahoo as a default search en...

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ACCC drags GSK & Novartis to federal court over false product claims
Date: 2017-12-07   Author: Dhananjay Punekar

In what may seem to be a major jolt to the pharmaceutical sector, the Australian Competition and Consumer Commission (ACCC) has filed a legal suit against GlaxoSmithKline and Novartis in the Federal Court of Australia ...

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Airlines ban smart suitcases installed with non-removable batteries
Date: 2017-12-06   Author: Dhananjay Punekar

In a strategic move witnessed across the aviation sector, American Airlines has prohibited passengers to a carry battery-powered smart luggage that does not have the facility of removing batteries. The airline declared...

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JAL invests $10mn in Boom to enhance in-flight passenger experience
Date: 2017-12-05   Author: Dhananjay Punekar

Japan Airlines Company Limited (JAL), reportedly the second biggest passenger flight provider in the country, is expected to invest nearly USD 10 million in Boom Supersonic Inc. As per reliable sources, the funding is ...

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Sanofi’s profits to dip as its dengue vaccine faces dire criticism
Date: 2017-11-30   Author: Dhananjay Punekar

In a turning tide of the events, the use of Sanofi’s new vaccine for dengue has been severely restricted, owing to the evidence that it can lead to further deterioration in patients who have not been infected wit...

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Rolls-Royce, Siemens, and Airbus to build hybrid electric engine
Date: 2017-11-29   Author: Dhananjay Punekar

This week witnessed what can be called as one of the most striking deals in recent times, as Siemens, Airbus, and Rolls-Royce, three highly distinguished names, joined forces to develop a hybrid electric engine. The move...

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Microsoft & SAP to deploy one another’s cloud computing solutions
Date: 2017-11-28   Author: Dhananjay Punekar

SAP Software & Solutions and Microsoft Corporation have reportedly decided to increase the use of each other’s cloud-based products after integrating SAP HANA enterprise cloud system with the Microsoft Azure,...

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South32 spins off its major South African coal operations to hit JSE
Date: 2017-11-27   Author: Ojaswita Kutepatil

In a bid to ensure its ongoing sustainability and improve its operational competitiveness, South32, an Australian mining and metal company has recently unveiled its plans to separate its South African coal operations. ...

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H2 Biopharma buyout by Aurora Cannabis finalized at USD 25 million
Date: 2017-11-24   Author: Dhananjay Punekar

Aurora Cannabis Incorporation, a Canada based medical marijuana producer, has reportedly declared that it is all set to acquire the reputed Quebec based late phase ACMPR applicant, H2 Biopharma Incorporation, through a...

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Aussie resellers to pay USD 200K to Microsoft as copyright damages
Date: 2017-11-23   Author: Dhananjay Punekar

In a major turn of the events witnessed across the software industry, Microsoft Inc. has signed an agreement with four Australian vendors, who sold the company’s unlicensed software products. Be Baffled, one of t...

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Ford to join hands with Mahindra for electric vehicle production
Date: 2017-11-22   Author: Dhananjay Punekar

The Ford Motor Company, a U.S. based automobile manufacturer, and its Indian counterpart Mahindra & Mahindra Limited are likely to manufacture their own electric cars in India to reduce road pollution occurring due...

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U.S. DOJ to halt AT&T’s bid to acquire mass media firm, Time Warner
Date: 2017-11-21   Author: Dhananjay Punekar

In a major turn of the events witnessed across the telecom sector, the U.S. department of justice (DOJ) has filed a legal suit to halt Time Warner’s acquisition by AT&T, citing the reason that the merger will...

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Banks in Hong Kong close accounts of many Bitcoin firms
Date: 2017-11-20   Author: Dhananjay Punekar

In a major breakthrough witnessed across the banking sector, financial institutions in Hong Kong have frozen the accounts of bitcoin firms, compelling the organizations to open accounts in the foreign banks. Reportedly...

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Limerick secures GBP 85 million from EIB toward urban development
Date: 2017-11-17   Author: Ojaswita Kutepatil

The EIB (European Investment Bank) has recently signed off a record loan worth GBP 85 million for the Limerick city. Reportedly, the bank is likely to provide funds to the city and County Councils to transform the 1.68...

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HSBC settles French money laundering tax fraud case for EUR 300 million
Date: 2017-11-16   Author: Satarupa De

HSBC Private Bank, the Swiss subsidiary of the British giant, has apparently reached an agreement with the French Government to circumvent a trial for money laundering tax fraud. Reportedly, the banking mammoth has agr...

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Geely purchases Terrafugia, plans to launch flying cars by 2019
Date: 2017-11-15   Author: Sunil Hebbalkar

Flying fleets apparently may very well commence on the open roads by 2019, as it is reported that Volvo’s parent company, Geely Auto, has finalized the acquisition of Terrafugia, a next-generation startup company...

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AT&T & Verizon enter tower agreement to eliminate oligopoly
Date: 2017-11-14   Author: Dhananjay Punekar

AT&T Incorporation and Verizon Communications Inc. have signed a pact with Tillman Infrastructure, operator of smart cities infrastructure and towers, that will help the firms lease many of the new cell towers from...

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NY governor signs bill, sanctioning medical marijuana use for PTSD
Date: 2017-11-13   Author: Dhananjay Punekar

In a series of prominent developments witnessed in New York, the governor of the state has scarcely signed a law that appends post-traumatic stress disorder (PSTD) to the list of the diseases that can be treated with med...

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Ford-Ekso Bionics exoskeleton proposition to enhance workers’ safety
Date: 2017-11-10   Author: Shikha Sinha

Ford Motor Company, the U.S. second largest automaker, in a bid to enhance employee safety and productivity, this Thursday, unveiled its move of incorporating mechanical exoskeletons to lower workers’ injury rate...

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EU’s vehicle emission propositions to boost electric vehicles sales
Date: 2017-11-09   Author: Saif Ali Bepari

While speaking on the mobility and climate change package at a news conference held on Wednesday, European Commission, the executive body of the European Union, proposed stricter car emission targets to boost the roll-...

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Uber-NASA to launch flying taxis in Los Angeles by 2020
Date: 2017-11-09   Author: Saif Ali Bepari

After announcing its resolve to establish an on-demand flying taxi service last year, the U.S. based ride-hailing giant, Uber, has now revealed its partnership with NASA to collaborate in building of an unmanned traffi...

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Fox-Disney deal may pose challenges to other media giants
Date: 2017-11-08   Author: Sunil Hebbalkar

The globally reputed Manhattan-based multinational mass media corporation, 21st Century Fox has been in talks with Walt Disney Co., to sell most of its media assets excluding Fox news and sports. It is uncle...

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Supreme Court orders Samsung to pay USD 120 million to Apple
Date: 2017-11-07   Author: Sunil Hebbalkar

After years of combing through strenuous legal battles, Apple has finally won the judiciary case against Samsung. On Monday, the U.S. Supreme Court declined Samsung’s appeals of lower court ruling and another lon...

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Broadcom likely to unveil an unsought proposal to take over Qualcomm
Date: 2017-11-06   Author: Saif Ali Bepari

After an unsuccessful acquisition attempt last year, the leading producer of digital and analog semiconductors, Broadcom, in a renewed bid, is reportedly drafting a fresh proposal to acquire the leading chipmaker, Qual...

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Qualcomm files fresh lawsuit in San Diego court to sue Apple
Date: 2017-11-03   Author: Saif Ali Bepari

In what seems to be a never-ending legal dispute between Apple and Qualcomm, that has been making headlines since January this year, the latter has filed yet another lawsuit against Apple. Qualcomm, in its latest suit,...

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DOJ may file antitrust suit to impede AT&Ts Time Warner takeover
Date: 2017-11-03   Author: Saipriya Iyer

The tech tabloids have lately been ablaze with the news of the Department of Justice turning the tables on AT&Ts deal. Apparently, the DOJ has been on the verge of considering an antitrust lawsuit to prevent AT&T...

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Google to shut down QPX Express API services by 2018
Date: 2017-11-02   Author: Dhananjay Punekar

Google Incorporation has apparently declared that it plans to deny software developers the access to the automated information pertaining to airfare search engines. Industry experts have claimed that the move may, in a...

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Rockwell Automation declines Emerson’s USD 27 billion acquisition bid
Date: 2017-11-01   Author: Dhananjay Punekar

Rockwell Automation Incorporation, a key manufacturer of industrial automation products, has reportedly declined the takeover bid made by Emerson Electric Company for over USD 27 billion. The former cites the reason of...

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Vistra acquires Dynegy to form a power producer giant in Texas
Date: 2017-10-31   Author: Ojaswita Kutepatil

Vistra Energy and Dynegy, two independent power producers, have scarcely announced their merger in an all stock-deal, which has reportedly been in the works since May. Reports claim...

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LloydsPharmacy shuts 190 UK outlets, blames it on govt funding cuts
Date: 2017-10-27   Author: Ojaswita Kutepatil

LloydsPharmacy will cease trading in nearly 190 stores across England, as announced by the chain’s Coventry-based parent company in Celesio UK. The managing director of Lloyds...

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BT to cut down charges for up to a million landline customers
Date: 2017-10-26   Author: Ojaswita Kutepatil

British Telecom, a leading telecommunication giant has recently agreed to slash the amount it charges to landline-only customers by 37 percent. Sources revealed that about one milli...

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Federal government declares largest O&G lease sale in the U.S.
Date: 2017-10-25   Author: Sunil Hebbalkar

The Interior Department of the Federal Administration has scarcely announced its decision of encouraging oil and gas development extensively across the nation. The department has proposed nearly 77 million acres in the...

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Spire Healthcare turns down acquisition proposal from Mediclinic
Date: 2017-10-24   Author: Saipriya Iyer

In what may be touted as an unforeseen rejection of sorts, acclaimed UK-based medical care firm, Spire Healthcare Group, has spurned a takeover proposition from its largest shareholder - Mediclinic International. If re...

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US regulators indict Rio Tinto’s chief officials for fraud
Date: 2017-10-20   Author: Ojaswita Kutepatil

The U.S. authorities have reportedly charged Rio Tinto, the London-headquartered Anglo-Australian mining behemoth, and its former chief executive and chief financial officers on the basis of fraud. The indictment rides...

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UK to tighten its merger regime over national security concerns
Date: 2017-10-19   Author: Ojaswita Kutepatil

The UK government has announced proposals that would expand its ability to intervene in takeover and merger deals that are likely to raise national security concerns. These changes are particularly targeted at the doma...

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Greenpeace targets tech giants for environmental pollution
Date: 2017-10-18   Author: Dhananjay Punekar

Greenpeace, a Netherlands-based non-governmental environmental organization, working toward the maintenance of a green environment, has marked low scores for Huawei technologies company limited, Samsung electronics, an...

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Toyota to test self-driving electric cars by 2020
Date: 2017-10-17   Author: Dhananjay Punekar

Toyota Motor Corporation, one of the acclaimed automotive industry behemoths, has declared that it would commence the testing of its self-driving electric vehicle range embedded with artificial intelligence technology ...

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UK government’s clean energy growth plan to meet 2050 climate target
Date: 2017-10-16   Author: Sunil Hebbalkar

The British government has declared a clean energy strategy for investing millions in low carbon innovations and renewable technology to accomplish its 2050 emission goal. In order to tackle carbon emissions, the Depar...

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Taiwan’s trade commission slaps a 774-million-dollar fine on Qualcomm
Date: 2017-10-13   Author: Sunil Hebbalkar

Qualcomm has been facing a series of antitrust probes since the last few years, one of the latest ones sourced from the Taiwan Fair Trade Commission (TFTC). If reports are to be believed, TFTC has levied a fine of clos...

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Walmart launches its app-based swift return service
Date: 2017-10-11   Author: Satarupa De

This Tuesday, the retail space witnessed one of the biggest scoops with Walmart announcing the launch of streamlined return process that is claimed to shrink the return processing time of an item significantly. Alleged...

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Waymo launches a public education campaign to bring awareness about self-driving vehicles
Date: 2017-10-10   Author: Satarupa De

Waymo, the self-driving car unit of Alphabet Inc., has recently launched a public education campaign titled ‘Let's Talk Self-Driving’ with an aim to eradicate the cynicism that many Americans possess re...

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China to accelerate its drug approval system to cut down lengthy delays
Date: 2017-10-09   Author: Ojaswita Kutepatil

China is set to speed up its approval system for medicines and also plans to accept data from clinical trials that are carried out overseas. Reportedly, these changes in the drug approval system will cut down extensive...

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Walmart acquires NYC company Parcel with an aim to offer same-day delivery services
Date: 2017-10-05   Author: Ojaswita Kutepatil

In a bid to sharpen its delivery skills, Walmart has closed a deal to acquire Parcel - a delivery logistics startup. The retailer giant plans to leverage Parcel for last mile delivery to customers in New York City and ...

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Nissan to recall automobiles sold in last three years across Japan, firm may face monetary losses of close to USD 220 million
Date: 2017-10-03   Author: Sunil Hebbalkar

Japan’s second largest carmaker has been forecast to be majorly impacted by faulty inspections, after Mitsubishi. The faulty inspection has pushed Nissan to recall 1.2 million vehicles manufactured for domestic m...

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FDA gives the green signal for Abbott’s finger prick-free blood sugar proportion monitoring device
Date: 2017-09-29   Author: Dhananjay Punekar

The U.S. Food and Drug Administration (FDA) has officially approved the FreeStyle Libre, a bottle cap-sized wearable sensor device developed by Abbot laboratories, a U.S. based healthcare firm, to continuously check th...

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Adidas’ emphasis on athleisure apparel manufacturing proves disastrous for Nike product sales
Date: 2017-09-29   Author: Sunil Hebbalkar

One of the most acclaimed sneaker designer brands in North America, Nike, has reportedly suffered a catastrophic fall in its home country, possibly subject to design failures. Ironically, rival firm Adidas, the renowned ...

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AliPay to disembark in Canada, Alibaba aims to strengthen retail ties between Canada and China
Date: 2017-09-25   Author: Saipriya Iyer

China's renowned e-commerce giant, Alibaba plans to usher AliPay, the country’s leading third-party online payment solution, in Canada. In order to officially launch the platform in Canada, Alibaba has been r...

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Pfizer takes Johnson & Johnson to court for its anticompetitive actions regarding the Ramicade drug
Date: 2017-09-22   Author: Ojaswita Kutepatil

Two of the most globally reputed pharma companies, Pfizer and Johnson & Johnson are squaring off a new front in their legal battles over a rheumatoid arthritis drug. According t...

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Fujitsu launches its new version mainframe OS to focus on digitization
Date: 2017-08-29   Author: Ojaswita Kutepatil

Fujitsu, a leading Japanese company in information and communication technology (ICT), reportedly, will continue making investments in the development of critical mainframes, as is evidenced by the introduction of its ...

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Super Retail Group effectively tackles Amazon’s foray in Australia, explores options to expand its digital offering pipeline
Date: 2017-08-28   Author: Saipriya Iyer

Super Retail Group, a massive retail chain based in Australia, is one of the few firms that seems to have an ace plan up in its sleeve for coming to grips with Amazon’s forthcoming entry in the Australia retail t...

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Genentech’s obtains priority revenue from the U.S. FDA for its Hemophilia A treating drug, Emicizumab
Date: 2017-08-24   Author: Dhananjay Punekar

The U.S. FDA (Food and Drug Administration) has accepted the BLA (Biologics License Application) of Genentech for licensing its investigational bispecific monoclonal antibody referred as Emicizumab prophylaxis to be us...

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Nestle to face a legal controversy over Poland Spring Water, having been alleged as a ‘colossal fraud’
Date: 2017-08-21   Author: Satarupa De

Nestle, one of the leading giants of the food and beverage industry seems to be in a legal dispute with one of its bottled water brands. Poland Spring Water, manufactured by Nestle has been slammed with the Federal law...

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IBM’s & Alberta’s AI platform to diagnose schizophrenia by scanning brain blood flow with 74% accuracy
Date: 2017-08-18   Author: Ojaswita Kutepatil

Envisaging IBM’s research efforts conducted alongside the University of Alberta (UoA), it looks like artificial intelligence and machine learning are on the precipice of revolutionizing medical diagnosis. With AI...

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Hangzhou joins forces with Alibaba, collaboration aims to revamp the city’s house rental service
Date: 2017-08-16   Author: Saipriya Iyer

China's eminent e-commerce behemoth, Alibaba has signed a strategic agreement with the Zhejiang government, which aims to make use of the company's superior technology to create an efficient online system for h...

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Anthem is on the verge of withdrawing from Nevada’s health exchange policy citing reasons of uncertainty regarding the Affordable Care Act
Date: 2017-08-09   Author: Sunil Hebbalkar

Anthem, Inc., the renowned American trusted insurance plan provider, has pulled down a shocker by announcing the withdrawal of its health insurance plan from Nevada. Back in 2010, President Barak Obama had signed the P...

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MSAR government inks a strategic agreement with Alibaba to develop Macau smart city
Date: 2017-08-07   Author: Sunil Hebbalkar

The Macau Special Administrative Region (MSAR) has decided to sign a strategic alliance with one of the largest retailers of the global e-commerce market - Alibaba. Post conducting extensive research, the Macau governm...

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European oil & gas firms seek authorization to explore the U.S. offshore wind energy market
Date: 2017-08-02   Author: Dhananjay Punekar

The latest buzz garnering attention in the bandwagon is that of major European firms such as Statoil, DONG Energy, and Royal Dutch Shell keenly seeking to explore the lucrative & fast-growing U.S. offshore wind ene...

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Indian government on the verge of blocking Shanghai Fosun’s 1.3 billion-dollar bid to takeover Gland Pharma
Date: 2017-08-01   Author: Sunil Hebbalkar

The Indian Cabinet Committee on Economic Affairs has decided to block the bid offered by Chinese conglomerate Fosun to acquire the Hyderabad-based Indian drug maker Gland Pharma Ltd., as cited by reliable reports. Fosu...

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Charter Communications turns away Sprint’s long-standing proposal for merger
Date: 2017-07-31   Author: Ojaswita Kutepatil

The reports on Sprint Corp’s exclusive merger with Charter Communications had the telecom and media fraternities buzzing of late. However, after several weeks of apparent discussions regarding the deal, a new rep...

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Enel Green Power Espana awarded contract by Spain Government to construct solar plants of 339 MW capacity in Bajadoz and Murcia
Date: 2017-07-28   Author: Saipriya Iyer

The latest scoop to grab the headlines in the renewable energy cosmos is that of Enel Green Power Espana being awarded a solar capacity of 339 MW by the Spanish Government to construct solar plants in the country. The ...

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UAE-Qatar conflict instigates the former to authorize its first condensate supply from the United States
Date: 2017-07-27   Author: Saipriya Iyer

The United Arab Emirates (UAE) has recently purchased a cargo of condensate from the Eagle Ford – the premier liquids-rich development located in Texas. As per sources, this deal is the first acquisition of the U...

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Abundance’s corporate initiative for UK’s first geothermal project raises over GBP 1 million within a mere 48 hours of its launch
Date: 2017-07-26   Author: Saipriya Iyer

The exemplary success of the deployment of geothermal technology to generate electricity in Iceland and Italy may have, in all likelihood, goaded the UK government to tap the geothermal potential of the country to gene...

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SunPower turns out to be energy supplier for France, plans to deliver high efficiency solar panels for Tenergie solar projects
Date: 2017-07-25   Author: Saipriya Iyer

SunPower Corporation, the reputed majority-owned subsidiary of Total SA, the French multinational oil & gas company, has taken the renewable energy industry by storm with the announcement of its solar panel supply ...

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Scotland chronicles a path-breaking renewable energy world record, maximizes its overall green energy production through wind turbines
Date: 2017-07-24   Author: Dhananjay Punekar

Scotland has been immensely successful in developing an ample amount of energy through wind turbines in the first half of 2017. As per analysts, 1,039,001 MWh of electricity had been delivered to the National Grid in J...

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Merck, Pfizer, & Corning team up on a new packaging glass vial project, venture likely to bring about 4,000 high-tech jobs for Americans
Date: 2017-07-21   Author: Satarupa De

The United States recently witnessed one of the biggest pacts in the pharmaceutical and glass market with the announcement of the strategic collaboration between pharmaceutical giants Merck and Pfizer with New York bas...

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China’s Cosco Shipping to get hold of Orient Overseas International for a staggering USD 6.3 billion
Date: 2017-07-20   Author: Sunil Hebbalkar

The latest quantum leap witnessed by the competitive arena of the shipping industry is that of China’s Cosco Shipping taking over container carrier, Orient Overseas. According to experts, the acquisition is a par...

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Cargill has initiated a partnership extension with FareShare to advocate its commitment to sustainable nutrition
Date: 2017-07-18   Author: Sunil Hebbalkar

The acclaimed American food & nutrition company, Cargill, Inc., has decided to expand its partnership with FareShare, the UK-based food redistribution firm, with a view to help the latter address food wastage in an...

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Global automotive giant Ford to shift its Focus car manufacturing base to China by the year 2019
Date: 2017-07-17   Author: Dhananjay Punekar

Ford Motors, an established automobile manufacturer based in the U.S, has declared that it will import Focus vehicles from two of its production units based in China from the onset of 2019. Experts claim this move as a...

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EPSRC’s sizable endowment for an electric vehicle venture leads WMG to join hands with Jaguar Land Rover
Date: 2017-07-14   Author: Saipriya Iyer

Perpetually upholding its emblematic reputation of providing generous grants for research in sciences and engineering programs, the EPSRC (Engineering and Physical Sciences Research Council) has committed itself to yet...

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Volkswagen to discontinue the sale of its Touareg car brand in the U.S. from the year 2018
Date: 2017-07-13   Author: Dhananjay Punekar

Volkswagen, a reputed German car manufacturer, has decided to stop the sale of Touareg cars, a mid-sized luxury crossover SUV in the U.S. after a long spell of declining revenue from the sales of these cars.  The ...

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Alibaba launches the Taobao Global U.S. Merchants Network and connect the US SMEs to 500 million costumers
Date: 2017-07-12   Author: Ojaswita Kutepatil

The Chinese mega e-commerce company, Alibaba Group Holding Ltd., has announced the launch of an online network to provide easier access to the small-scale US manufacturers for tapping into the Chinese market. The Taoba...

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Shire obtains preliminary injunction against Roche over emicizumab
Date: 2017-07-11   Author: Sunil Hebbalkar

Renowned specialty biopharma giant Shire Plc, has been granted legal rights by the Hamburg court to injunct Swiss drug maker and arch rival Roche, regarding emicizumab, also called ACE910, the reputed hemophilia treatm...

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Volvo Cars to phase out conventional engines as it embraces electrification
Date: 2017-07-06   Author: Ojaswita Kutepatil

Volvo Cars has proclaimed that from 2019 onwards, every Volvo it launches will be either hybrid or solely battery-powered. This premium car maker company became the first mainstream automaker to mark the historic end o...

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European Union’s regulatory body EC puts a red signal on the Qualcomm-NXP semiconductors merger deal
Date: 2017-07-05   Author: Dhananjay Punekar

In what seems to be one of the major breakthroughs of recent times, the European Commission has decided to halt the merger deal between NXP semiconductors and Qualcomm after the latter failed to furnish the necessary d...

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Broadcom-Brocade deal conditionally sanctioned by the FTC, commission draws up regulatory compliance to prevent potential breaches of competitive laws
Date: 2017-07-04   Author: Shikha Sinha

Broadcom’s acquisition of Brocade, a deal professed in November 2016 has finally won the U.S. antitrust approval post addressing FTC’s concerns claiming the USD 5.9 billion deal to be anticompetitive. The a...

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Germany breaks sustainability records, generates 35% electricity from renewables
Date: 2017-07-03   Author: Saipriya Iyer

Germany has raised the percentage of its overall electricity generation from renewable sources to 35% this year. As per the BEE renewable energy association, Germany had produced 33% of its electricity from renewables ...

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UPS strengthens commitment to sustainability, declares target of 25% renewable energy by 2025
Date: 2017-06-30   Author: Saipriya Iyer

United Parcel Service, the largest package delivery service company across the globe, has sworn to source almost 25% of its power consumption from renewable energy, by the year 2025. The supply chain management market ...

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BMW plans to consolidate vehicle equipment to make heavy investments in its R&D operations
Date: 2017-06-29   Author: Sunil Hebbalkar

BMW, one of the oldest and most popular German automakers, has been undertaking crucial steps with a view to increase their research and development spending by 2019. The latest scoop points toward the direction of BMW...

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Medtronic PLC signs outcome based diabetes deal with Aetna for offering enhanced value based services
Date: 2017-06-28   Author: Satarupa De

Medtronic Plc., the Dublin based medical device manufacturer, has recently announced an outcome based agreement with Aetna, the healthcare insurer, for patients suffering from type 1 and type 2 diabetes, who are curren...

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Bekaert joins forces with ArcelorMittal, agreement aims to seal a 62.4 million-dollar steel wire deal in Brazil
Date: 2017-06-27   Author: Saipriya Iyer

According to the latest buzz on the grapevine, esteemed steel magnate, ArcelorMittal, has collaborated with Bakaert, the accomplished technology leader in steel wire coatings and transformation, with regards to a steel w...

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The aftereffects of the Amazon-Whole Foods multi-billion-dollar deal - France’s Carrefour likely to be Amazon’s European target
Date: 2017-06-24   Author: Saipriya Iyer

Amazon, the super-imposing online retail market player, has signed an agreement to acquire Whole Foods Market Inc., the American supermarket chain that stocks foodstuffs that are completely devoid of colors, sweeteners...

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Nestle holds a major stake in the purchase of Freshly, the US-based ready meal delivery startup
Date: 2017-06-23   Author: Satarupa De

Nestle is ready to hone its distribution network in the fast changing U.S. retail market with its announcement of acquiring a minority stake in the New York based ready meal start up, Freshly. The announcement of the d...

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Novartis achieves positive Phase III results for AMD, Eylea to face stiff competition ahead
Date: 2017-06-23   Author: Saipriya Iyer

Novartis, the renowned Switzerland-based pharmaceutical market player, has received data from two Phase III trials, namely, HAWK and HARRIER, that depict the optimum performance of its new VEGF-A inhibitor RTH258 (brol...

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Roquette expands its business horizon in pharmaceutical excipients market
Date: 2017-06-23   Author: Satarupa De

Roquette, a global supplier of plant based innovative pharmaceutical ingredients has recently announced its strategic acquisition of the renowned Brazilian tablet maker, Itacel, which is essentially a subdivision of th...

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Clinical collaboration between Novartis and Bristol-Myers Squibb to target the emergence of new cancer therapies
Date: 2017-06-23   Author: Sunil Hebbalkar

Novartis, a notable giant in the pharmaceutical market, has declared a strategic collaboration with the reputed American pharmaceutical firm, Bristol-Myers Squibb to carry out research activities on cancer treatment ou...

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Nestlé Waters to pour in USD 6 million investment to support the Closed Loop Fund
Date: 2017-06-23   Author: Ojaswita Kutepatil

In an effort to find a national solution to the “recycling gap” across the American sub-continent, Nestlé Waters North America has announced an investment of USD 6 million in the Closed Loop Fund....

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Dow Chemical Company to invest in Saudi Arabia for setting up a coatings and silicones unit
Date: 2017-06-22   Author: Ojaswita Kutepatil

Supporting Saudi’s Vision 2030, Dow Chemical Company has signed an agreement to develop a manufacturing unit in Saudi Arabia. This agreement is likely to provide the region with water-treatment applications and a w...

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Walmart to accelerate its growth in e-commerce to compete with Amazon
Date: 2017-06-22   Author: Ojaswita Kutepatil

Wal-Mart has been pushing hard to catch up with Amazon to sustain its position in the e-commerce battle among leading retailers. This American multinational retail corporation, headquartered in Bentonville, Arkansas, h...

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Volvo promises to bring sustainability in its new business models
Date: 2017-06-22   Author: Ojaswita Kutepatil

Volvo, a Swedish multinational manufacturing company, is now committed to roll out more safe, sustainable, and convenient cars on the road. In this regard, the company is upgrading its business model to support the UN ...

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Google’s Alphabet Incorporation to sell robot-manufacturing firms Schaft and Boston Dynamics to Japan’ Softbank Group
Date: 2017-06-22   Author: Dhananjay Punekar

Softbank Group, a multinational telecommunications & internet firm based in Japan, has decided to purchase robot maker Boston Dynamics from Alphabet Incorporation, a U.S. based multinational firm and a parent compa...

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Volkswagen refuses to let its final investigation report go public
Date: 2017-06-21   Author: Ojaswita Kutepatil

The German automotive giant, Volkswagen (VW) which has acquired 70% of the U.S. light-weight diesel car market, is now simmering in its own toxic juices for cheating on diesel emission tests. ...

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Unilever launches its sustainable packaging technology, commences by recycling used sachets to biodegradable ones
Date: 2017-06-21   Author: Shikha Sinha

Unilever, the consumer goods tycoon, has announced its latest technological move toward sustainable packaging. The technology will basically focus on the recycling of billions of sachets the company sells annually and ...

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Sinopec aims to bifold foreign investment, sets a target exceeding USD 30 billion
Date: 2017-06-21   Author: Saipriya Iyer

Sinopec Limited, renowned Chinese oil and gas company headquartered in Beijing, China, plans to increase invest more than USD 30 billion to expand its market overseas. The company, which is reportedly owned by the Chin...

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McClarin Plastics expands its business in Oklahoma, firm plans to increase the workforce base in Oklahoma City
Date: 2017-06-21   Author: Satarupa De

McClarin Plastics, a pioneer of fiberglass reinforced, composite, and thermoformed plastics is all set to expand its business base in central and southwest region of U.S., with its recent investment in Oklahoma-based C...

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Germany produces more than 85% of energy from renewables, breaks global energy records
Date: 2017-06-20   Author: Saipriya Iyer

In what seems to be one of most spectacular, eye-popping scoops of recent times, Germany has produced more than 85% of its energy via renewable sources. While the country’s contribution to global renewable energy market is not unheard of, th...

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ExxonMobil to purchase one of the world’s biggest petrochemical-refining plant of the Jurong Aromatics Corporation
Date: 2017-06-20   Author: Dhananjay Punekar

Jurong Aromatics Corporation, based in Singapore has signed an agreement with ExxonMobil that enables the latter to purchase Jurong’s petrochemical-refining plant by the second half of 2017. The acquisition of th...

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BASF and PI industries enter into a strategic collaboration that aims to change overall agrochemical market dynamics
Date: 2017-06-20   Author: Satarupa De

BASF, a renowned name in the global chemical and agriculture market and PI Industries, a notable agrochemical company, have recently signed an agreement to create a strategic model that will offer effective crop protecti...

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BASF to serve as a Silver sponsor for FFA in 2017, chemical magnate’s alliance with FFA gets stronger
Date: 2017-06-20   Author: Saipriya Iyer

BASF SE, the largest chemical producer in the world, based in Germany, will reportedly serve as a Silver sponsor for FFA in 2017, thereby strengthening the 60-year-old partnership of BASF with the National FFA Organiza...

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Apple plans to invest USD 1 billion for the expansion of its data center in Nevada
Date: 2017-06-19   Author: Saipriya Iyer

Apple has recently announced its plan to make an investment of approximately USD 1 billion for expanding its huge data center situated to the east of Reno, in the state of Nevada. This announcement has come barely a we...

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The FDA issues warnings to 14 companies for marketing illegal cancer remedies
Date: 2017-06-19   Author: Saipriya Iyer

The Food and Drug Administration has notified 14 companies for illegally selling untested products as a viable treatment medication for cancer. Reliable sources state that 14 U.S. based companies have been found to man...

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Flipkart’s acquisition of Snapdeal awaits the final green signal from Nexus Venture Partners
Date: 2017-06-19   Author: Shikha Sinha

Snapdeal’s sale to Flipkart - the sensational acquisition which is still not through, has taken another interesting turn with Kalaari’s affirmation to the deal value set by Softbank. Softbank, the largest s...

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