French pharmaceutical company Sanofi has reached an agreement to acquire partner biotechnology company Translate Bio. The billion-dollar deal is the first example of a major pharmaceutical company buying up a biotech company because of the technology behind some of the world’s best-selling corona vaccines; mRNA. Sanofi is catching up […]
The French economy, the second-largest in the eurozone, returned to growth in the second quarter. Helped by the winding down of the corona lockdown in the country, French consumers again spent a little more. Business investment also picked up, among other things. A preliminary estimate by the French statistical […]
The Japanese car group Nissan Motor expects to make a profit this current financial year, despite the production disruptions caused by the worldwide chip shortage in the car sector. According to Nissan, the quarter was very strong thanks to the increased demand for cars due to the economic recovery […]
The Tokyo stock exchange continued its losing streak on Monday. The chip companies, in particular, were lowered after the price losses in the US chip sector. Oil producers have also been hit by a drop in oil prices following the oil cartel OPEC and allies agreed to increase production. […]
British retailers’ sales rose at their fastest ever pace in the second quarter, as UK consumers resume spending due to easing coronavirus restrictions. They previously kept their hands on the purse strings because of the lockdowns, but now that the economy is recovering strongly from the crisis and confidence […]
Germany is on the cusp of meeting its goal of 1 million electric cars on German roads. That goal was actually set for last year, but despite generous subsidies for the purchase of electric and hybrid cars, it did not work out. Minister of Economic Affairs Peter Altmaier is […]
Mobile app users spent a record amount of money on those apps in the first six months of the year. We’ve already spent nearly $65 billion on apps this year. This is the conclusion of a study by the research agency Sensor Tower. Apple and Google’s online stores have […]
The EU countries and the European Parliament have agreed on distributing hundreds of billions in agricultural subsidies for the coming years. The agreement, which took three years to come, is intended to make European agriculture more climate and environmentally friendly. EU agricultural subsidies should be used more to encourage […]
The owners and insurers of container ship Ever Given have reached an agreement in principle on compensation to the Canal Authority of the Suez Canal (SCA). That damage was suffered when the ship came to rest in the canal for about a week in March, blocking all shipping. An […]
European Union governments will impose sanctions on various sectors of the Belarusian economy. This includes industries that are directly related to exports, such as potash fertilizers, potash and petroleum. 86 individuals and entities will also be targeted as the country bloc increases pressure on President Alexander Lukashenko. These include […]
