Kedrion Biopharma expands to North America with Prometic acquisition

Prometic Life Sciences has developed the first FDA-approved treatment for Congenital Plasminogen Deficiency. This acquisition will enable easy access to advanced therapies for patients suffering from this rare disease. Kedrion Biopharm....

Formula One teams to test second-generation biofuel during 2022 season

The leading motorsport intends to achieve net-zero carbon status by the end of this decade. F1 has ruled out switching to an all-electric powertrain such as in Formula E. With increasing significance towards green mobility, Formula One....

Apple’s iPhone 13 production may take a hit due to global chip shortage

Apple Inc. is likely to cut down production of its iPhone 13 model by approximately 10 million units on account of the global chip shortage. The American multinational technology company was previously expected to manufacture 90 million uni....

Facebook Pages to reduce focus on Likes and followers for Indian users

Facebook Inc. has reportedly removed Likes from Facebook Pages for its Indian users to make the platform more user-friendly and easier to understand. This redesign of Facebook Pages was launched in January 2021 and has been rolled out for I....

Merchant commerce platform Pine Labs eyeing USD 1 Bn Nasdaq listing

India is likely to witness a record number of IPOs this year, with several companies eyeing public listing to raise funds if the market sentiment remains positive. One such company, Pine Labs is reportedly planning to list itself on Nasdaq ....

European climate group asks EU for tougher CO2 targets for truck makers

According to a recent study conducted by Europe’s Transport and Environment (T&E), the European Union (EU) should implement stricter CO2 targets for truck makers to swiftly transition to zero-emission models as present goals do no....

UK Government picks Arrival for the exclusive Global Investment Summit

Arrival, known for revolutionizing the automotive industry with its new approach to assembling and designing electric vehicles (EVs), recently revealed to have been selected by the U.K. government for the exclusive Global Investment Summit ....

Israel's GoTo Global acquires German e-moped sharing platform emmy

Israel-based multimodal vehicle sharing services provider GoTo Global Mobility Ltd. has reportedly acquired Germany’s shared e-scooter company emmy. The acquisition will allow GoTo Global to enter the German market as well as accelera....

Amazon, Google, Microsoft to join White House meeting on quantum tech

Google LLC, Amazon.com Inc, and Microsoft Corp are set to join a conference on quantum technologies held by the Biden administration at the White House as the U.S. government works to ward off hacking threats and secure the flourishing quan....

U.S. aerospace manufacturers pledge to net zero emissions by 2050

U.S. aerospace firms will allegedly double down their efforts towards a climate goal by vowing to attain net-zero emissions by the year 2050, corresponding to a commitment that is to be debated by global airlines in the coming week. The U.....