About Author : Shikha Sinha

Shikha Sinha

Shikha currently manages content operations for a series of news and business portals including MSF, Algosonline, and the like. An electrical & electronics engineer by education, she has prior experience in content & technology writing, content marketing, market research, and business development. Currently she contributes write-ups pertaining to industry bulletin, global business trends, and market research. Her other interests include sketching, reading, and singing.



Contribution by Shikha Sinha

Altimmune inks deal to acquire Spitfire Pharma and its NASH candidate

Altimmune, Inc., a clinical stage biopharma company, has recently confirmed the closing of a formerly announced acquisition of Spitfire Pharma, Inc., including the strong GLP-1/Glucagon receptor co-agonist product candidate ALT-801 for treating non-a...

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NeurologyLive expands SAP program by partnering with Cleveland Clinic

NeurologyLive has reportedly added the Cleveland Clinic to its Strategic Alliance Partnership (SAP) program. Michael J. Hennessy Jr., President of NeurologyLive’s parent company MJH Associates Inc., said in a statement that the Cleveland Clinic...

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Neurocrine, Voyager reveal VY-AADC’s Phase I results at AAN 2019

Neurocrine Biosciences Inc., along with Voyager Therapeutics Inc., has reportedly announced the Phase 1 results from the VY-AADC trial in eight patients suffering from Parkinson’s disease. Apparently, the patients participated in the open-label...

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PlantEXT Family Secret form JV to develop medical cannabis products

PlantEXT Ltd. and BB1 Acquisition Corp have reportedly announced a joint venture agreement between PlantEXT and Family Secret Ltd, an established, Israeli manufacturer and formulation developer of all-natural medical skin care products. PlantEXT is ...

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Retail chain Kohl’s will now accept Amazon returns at all its stores

The U.S.-based department store chain Kohl has reportedly announced that it is going to start accepting Amazon returns at all 1,150 of its stores from July this year. As per authentic reports, the new program is going to be the extension of a trial t...

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Online retailer eBay plans to invest around $170 million in Paytm Mall

The American e-commerce giant eBay is reportedly in talks to make a strategic investment in Paytm Mall, a leading Indian online retail platform. The company has initiated talks for investing around $160 million to $170 million in the retail giant. R...

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ContraFect presents positive data from Phase 2 trial of Exebacase

The new data suggest the potential for exebacase to offer significant clinical assistance to patients with MRSA bloodstream infections. U.S. clinical-stage biotechnology firm, ContraFect Corp. has recently announced new data from its Phase 2 clinica...

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Macy unveils its new store experience across 36 locations in the U S

Macy’s first Story, named Color, was launched yesterday A typical Story shop consists of approximately 400 items with an average price tag of nearly $20 Macy, the American department store established in 1858 by Rowland Hussey Macy, has ma...

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Walmart & Google team up to offer voice-activated grocery shopping

In a recent turn of events, the world’s leading retail giant Walmart has reportedly teamed-up with Google to enable voice-activated grocery shopping using Google’s smart-home assistant. Soon, all a customer would need to say is ‘He...

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Walgreens to make various CBD-products available in 1500 stores

Walgreens, the American health & wellness major, has reportedly announced its plans to sell several CBD (Cannabidiol)-infused products including creams, sprays and patches, in around 1,500 of its stores in select states. Sources claim that the co...

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Flipkart allocates $100M internal fund to boost early stage start-ups

Indian origin ecommerce giant Flipkart to focus on investing in various startups including fintech, supply chain and SaaS   The estimated fund size has been capped at $60M - $100M   The company intends to obtain a 20-25% stake with it...

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Alibaba acquires stake worth $693 million in Chinese courier company

The e-commerce juggernaut is endeavoring to expand its smart logistics network through the latest investment. Alibaba Group Holding Ltd., the multinational e-commerce giant, is currently in the news for investing up to $693 million in the Chinese co...

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Pepperfry to pump $12M in expansion & boost supply chain operations

The Mumbai-based online retailer also looks to step into areas like augmented/virtual reality to advance shopping experience. Pepperfry, the online furniture & home products retailer, is currently in the news for its plans to invest around Rs. 8...

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Dream Incubator leads health-tech firm NIRAMAI’s Series A funding

NIRAMAI Health Analytix Pvt. Ltd., the Bengaluru-based breast cancer screening start-up, has reportedly raised around $6 million in Series A investment round that was led by Dream Incubator, a management consulting firm headquartered in Tokyo. Report...

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Reliance Retail Ventures likely to launch an IPO by June 2019

The RIL has high expectations from the strategic IPO, claim sources. The retail arm of Reliance Industries Ltd. (RIL), Reliance Retail Ventures Ltd., is reportedly planning to launch its IPO (Initial Public Offering) by June this year, with the Muke...

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Levi Strauss plans share market comeback after more than 3 decades

In a recent turn of events, renowned Jeans manufacturer Levi Strauss & Co has reportedly filed documents for getting listed on the New York Stock Exchange, on the lookout for returning to public markets after over three decades. Reportedly, Levi...

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MDISS expands cybersecurity standards to connected medical systems

A nonprofit patient safety and public health organization, Medical Device Innovation, Safety, and Security Consortium (MDISS), has recently announced the development of a set of recommended profiles and practices to secure medical systems, based on n...

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Ligand Pharmaceuticals confirms $3M investment in Dianomi Therapeutics

Biopharmaceutical firm Dianomi Therapeutics, Inc., which is focused on the optimization of therapeutic profile of biologics for improving patient efficacy, safety, and dosing, has reportedly secured an investment of $3 million from Ligand Pharmaceuti...

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Hitachi Chemical to buy apceth Biopharma to expand its Europe presence

The combined strength of the companies will enable clients to supply innovative and premium quality gene therapies to patients. Reports confirm that apceth Biopharma GmbH, a leading clinical stage biopharmaceutical firm and a contract development &a...

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NHS aims to roll out app therapy for children with mild depression

The National Health Service reportedly aims to help children with mild depression through apps on their smartphones, post the recommendation of such devices by their treatment advisers. This service will be able to help children as young as five to s...

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MGC Pharmaceuticals gets approval for its cannabis dementia drug trial

The company’s medical cannabis product, CogniCann, was granted approval to carry out the Phase IIB trials by Australia’s Therapeutic Goods Administration.   The product has been specifically developed for treating dementia as wel...

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Sears chairman wins bankruptcy auction saving retailer from downfall

Sears Holdings announced that the hedge fund owned by Eddie Lampert, its Chairman and largest investor, has reportedly won the bid to acquire Sears and Kmart, the company which owns its chain of department stores.  Eddie Lampert’s ESL inv...

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Giant Food Stores to roll out robot Marty across its US grocery stores

Giant Food Stores has recently announced that it would be introducing Marty, a robot, to its 172 stores across the U.S. Apparently, the main purpose of Marty is to autonomously roam around the store and point out hazards for store staff to clean up. ...

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BlinQ to introduce luxury e-commerce in the South-East Asian market

Bob Chua, a leading entrepreneur, has recently announced the launch of his latest venture BlinQ, aimed at Asia’s growing luxury fashion e-commerce platform. Apparently, following an IPO (Initial Public Offering) on the LSE (London Stock Exchang...

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Amazon holds invitation-only meetings with sellers at CES 2019

Amazon is reportedly conducting private meeting with its marketplace sellers at CES 2019 to promote a new premium support service that costs between $30,000 to $60,000 a year. As per trusted sources, the meetings were organized by the e-commerce gia...

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Pfizer to cease operation at two plants in Maharashtra & Tamil Nadu

In what may seem to be a response against failing product demand, the U.S. drug manufacturer Pfizer announced that it will be closing its two manufacturing plants in India. The plants, reportedly, manufactured generic injectable such as the penicilli...

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Samsung Bioepis-3SBio deal to aid China biosimilar business expansion

In a recent turn of events, Samsung Bioepis Co. has reportedly announced the expansion of its rapidly growing biosimilar business into China via a licensing agreement with 3SBio Inc. As per trusted sources, the agreement encloses Samsung Bioepis&rsqu...

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Toyota to place a billion-dollar bet on ride-hailing giant Grab

The Japanese automotive industry giant Toyota is reportedly pumping USD 1 billion dollars into Southeast Asia’s largest ride-hailing company Grab. The investment, regarded as the largest of its kind by an automotive manufacturer in the ride-hai...

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Roche showcases new solutions for automated molecular testing

The Swiss multinational Roche in its recent announcement has unveiled that it will be featuring its new test options to automate molecular testing. The company reportedly will also be offering presentations on important microbiology topics encompassi...

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Gage Roads Brewing Co. acquires Matso’s Broome brewery in a $16m deal

Gage Roads Brewing Company, one of Australia's largest independent breweries, has apparently revealed in its recent announcement that it has signed a deal to acquire Matso’s, a Broome based beer brand, for a total of USD 16 million. As per ...

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Colorado witnesses world’s largest solar power & battery storage bids

Xcel Energy, the Minnesota based utility holding company, has apparently unveiled a new proposal which aims to carry out solar power projects with a battery storage capacity of 275 MW and 707 MW in the state of Colorado. As per reliable sources, the ...

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Amazon to spin up a secretive lab focused on cancer research

Following its entry into the healthcare realm, the e-commerce behemoth Amazon has been recently found leading a secretive research group called Grand Challenge. The group, led by the creator of Google Glass is reportedly working on medical records, c...

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Coca-Cola unveils first ever alcoholic drink in Japan beverage market

The Coca-Cola company has apparently announced the launch of its first alcoholic drink in Japan with an aim to tap new markets. In a global first for the U.S. based beverages giant, the lemon-flavored fizzy drink would reportedly be available only to...

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Smiths Group plans £6 bn healthcare merger with ICU Medical

British engineering business firm Smiths Group has reportedly opened talks with the U.S.-based ICU Medical Inc., over a potential GBP 6 billion deal to merge their medical device businesses. According to sources, the engineering giant has apparently ...

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California jury hits J&J with a multimillion dollar lawsuit

A California jury has ordered a $25.7 million verdict againstJohnson & Johnson in a lawsuit filed by a woman who sued the company for not warning the consumer and being negligent about the possible health risksfrom its talc-based baby powder. App...

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Flipkart to upgrade product range for Perfect Homes furniture brand

Flipkart, which is being taken over by Walmart in a USD 16 billion deal, apparently anticipates its full-fledged brand ‘Perfect Homes’ to accredit for approximately half its revenues in the furniture segment by March 2019. As per reliable...

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Coca-Cola’s Bluetooth-powered soda machine to help personalize drinks

The Coca-Cola Company has apparently launched its brand-new soda machine, the Coca-Cola Freestyle 9100, which would reportedly use Bluetooth connectivity to enable customers to concoct their own beverages. As per reliable sources, the latest machine ...

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New recycling facility set up in Auckland to process used tire waste

A new tire waste recycling facility has been apparently unveiled at New Zealand’s largest and the most populous city, Auckland. As per reliable sources, approximately sixty thousand tons of used tire waste is generated in the nation and the new...

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Instacart under pressure as Kroger-Ocado gains momentum in the U.S.

Instacart, a renowned U.S. grocery delivery company has allegedly suffered a setback because of the recent announcement of a strategic alliance between supermarket giant Kroger & the British online grocery service Ocado Group. Reportedly, the col...

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UberEats, Swiggy, & Zomato slug it out in the food delivery industry

In what may be touted as the recurrence of the meal delivery business scenario between 2014-15, online food delivery startups are once again witnessing cut-throat competition and hyper funding. As per reliable reports, both Swiggy and Zomato are in t...

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Coca-Cola plans to trim down the amount of sugar in its soft drinks

Amid growing calls for a sugar tax and consumer backlash against rising levels of sugar consumption, the Coca Cola Company’s local bottler has announced that it would modify the recipes of some of its largest selling soft drinks to lower the su...

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WTO ruling on Airbus may spiral trade tensions between U.S. and Europe

The World Trade Organization has apparently declared that the European Union had persisted with unlawful subsidies to aeronautics behemoth Airbus. As per reliable sources, the latest ruling has prompted the United States to threaten trade sanctions a...

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HSBC conducts world’s first trade finance transaction using blockchain

The London based HSBC Holdings plc has claimed to have successfully carried out the world’s first commercially feasible trade finance transaction powered by blockchain technology. As per reliable sources, HSBC issued a letter of credit to the D...

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Oncimmune makes EarlyCDT-Liver Test commercially available in the U.S.

Leading early cancer diagnostics company, Oncimmune Holdings PLC, has recently announced that it has launched a liver cancer biopsy platform which is based on its exclusive EarlyCDT liquid biopsy platform technology. Reportedly, the company has compl...

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Global healthcare major Lilly to acquire ARMO BioSciences for $1.6b

Renowned drugmaker Eli Lilly & Co., has recently announced a definitive agreement to acquire cancer immunotherapy biotech firm Armo BioSciences for USD 1.6 billion. Reportedly, the all-cash transaction deal is expected to enhance Lilly’s dr...

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NFX aims to start New Zealand’s online wool trading platform

A recent scoop that made it to the headlines in the retail industry is that of the launch of a new online platform for buying & selling wool. Reportedly, the global trading platform for New Zealand wool and other natural fibers, that aims to work...

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Adidas expects drastic footwear sourcing shift from China to Vietnam

The Chief Executive Officer of Adidas, reputed footwear brand, has reportedly stated that he expects a significant shift in the firm’s sourcing of footwear from China to Vietnam. As per reliable sources, he dismissed any concerns regarding the ...

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Google acquires Velostrata, expands portfolio of cloud migration tools

The American multinational tech giant Google Inc., has apparently purchased an Israeli cloud migration firm Velostrata. As per reliable sources, the details pertaining to the financial transaction of the deal are yet to be published. Speaking on the...

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eBay partners with Flybuys, provide Aussies a chance to earn points

Retail major eBay has recently announced its partnership with one of the most renowned loyalty programs, Flybuys to let shoppers link their accounts to the program and collect points for online purchases. Reportedly, the savvy consumers can earn &...

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Nevsun to refuse Lundin & Euro Sun’s bid for its zinc & copper assets

Mining industry major Nevsun Resources Ltd., in its recent public announcement has revealed that it will be rejecting the takeover proposal of over USD 1.5 billion from the Canadian miner Lundin Mining Corp., & Euro Sun Mining. The company howeve...

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Takeda to buy London-listed drugmaker Shire for over GBP 45 billion

Japan’s pharmaceutical industry major Takeda in its recent announcement has unveiled that it will be acquiring its London-listed larger rival, Shire Plc for more than GBP 45 billion (USD 62 billion). Reportedly, the 46% cash & 54% stock pur...

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Nokia expand its IoT business, acquires start-up SpaceTime Insight

Telecom giant Nokia has recently announced that it will be acquiring SpaceTime Insight, a California-based start-up that will help the company expand its Internet of Things portfolio and analytics capabilities. According to sources, SpaceTime is com...

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QCA accuses Ergon Retail of overcharging regional businesses

In what can be touted as a significant move in the breach of state energy laws, Ergon Retail has been reportedly accused of overcharging more than 1100 regional businesses. Sources cite that regional businesses have been overcharged around USD 760,00...

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J&J succeeds in overturning a $151 million hip implant ruling

Johnson & Johnson, the multinational pharmaceutical and biotechnology major, has apparently announced that it has acquired a positive verdict by U.S. appellate court on Wednesday. As per reliable sources, the latest judgment overturns the previou...

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T&G sells Kerikeri kiwifruit assets to Seeka worth USD 40 million

Turners & Growers (T&G), a New Zealand based leading marketer, exporter, and distributor of premium fresh produce, has recently announced that it has sold its Kerikeri-based kiwifruit orchards, assets, and packhouse to Seeka Limited in a...

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Biotech firm Ayoxxa Biosystems unveils Lunaris Human 12-Plex Th17 Kit

The Germany headquartered biotechnology firm Ayoxxa Biosystems GmbH has apparently announced the expansion of its product portfolio by launching Lunaris Human 12-Plex Th17 Kit. The company, which is known to provide an assortment of services and prod...

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TransUnion to buy consumer credit bureau Callcredit for $1.4 billio

The US based credit reporting agency TransUnion has announced on Friday that it would acquire consumer credit data provider Callcredit to boost its presence in the UK. As per reliable sources, the acquisition is likely to be concluded by the end of s...

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ACT government plans to move to 100% zero emissions fleet

In what may seem to be Australia’s most ambitious plan to transit to electric vehicles, the ACT government has recently announced its decision to double up on its commitment to achieve 100% renewable energy by 2020. The ACT government has revea...

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Naza-Group PSA partnership to jointly develop Group PSA-branded cars

Regarded as one of the largest privately-owned conglomerates of Malaysia, Naza Corp Holdings has recently signed a deal with Group PSA to jointly manufacture PSA-branded cars for the nation and other Asian markets. Reportedly, the latest collaboratio...

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Google to purchase a chunk of HTC’s smartphone unit for approximately USD 1.1 billion

Alphabet’s acclaimed tech giant Google plans to make another big buyout in smartphone hardware by confirming its plans to acquire a part of HTC’s mobile division team. The business deal would be inclusive of HTC’s employees who have...

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Fosun agrees to purchase India’s Gland Pharma for USD 1.1 billion

China’s Fosun Group has reportedly settled for a revised offer to acquire 74% of the Indian company Gland Pharma Ltd., for a substantial valuation of USD 1.1 billion. This deal which was on hold for more than a year, had been widely speculated ...

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Volkswagen to spend USD 23 billion to offer electric options for all its models by 2023

Volkswagen AG is once again making it to the headlines, however, this time it’s not because of its emissions-cheating scandal, but an attempt to scramble out from its own shadow of fraud. The world’s largest automaker has been indicating ...

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UK renewable energy costs depict massive turnaround, offshore wind prices now cheaper than nuclear power

The UK offshore wind power industry has recently highlighted the dramatic fall in the cost of offshore wind. Surprisingly, the costs have plummeted sufficiently low and have deemed offshore wind power to now be cheaper than the electricity from new n...

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Eli Lilly set to compete with rivals Pfizer and Novartis on breast cancer drug

The results of the recent breast cancer drug trial of the leading pharmaceutical company Eli Lilly is set to challenge its competitors, as it adds its new medicine abemaciclib to the standard cancer therapy. The FDA has recently granted Eli Lilly&rsq...

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United Technologies Corp. to buy Rockwell Collins Inc., takeover likely to be ranked among the largest in the aerospace industry

Aerospace supplier United Technologies Corp. has recently reached a definitive agreement to acquire the aviation systems and cabin equipment maker Rockwell Collins Inc., for over USD 23 billion – marking one of the largest potential deals in th...

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Juniper Networks purchases cybersecurity startup Cyphort to boost its security portfolio

By continuing to underline its focus on the cybersecurity market, Juniper Networks, Inc., a reputed networking technology company has struck an agreement to purchase Cyphort. This acquisition of a start-up cybersecurity firm by Juniper is expected to...

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Audi and China’s Hanergy to sign MOU to put solar cells on car roofs

Hanergy Thin Film Power Group’s wholly-owned U.S. subsidiary, Alta Devices, has recently signed a Memorandum of Understandings (MOU) with Audi AD on a strategic co-operation for harnessing thin film solar cell technology. The co-operation betwe...

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SM Prime Holdings to launch more solar-powered malls in a bid to expand its green initiatives

SM Prime Holdings, a retail giant committed to maximizing the energy efficiency and reducing greenhouse emissions in malls, has recently completed the installation of new solar panels in three of its major malls, namely the SM City Cabanatuan, SM Cit...

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LG Electronics to connect its home appliances with Amazon’s Echo smart speaker

In a bid to develop its voice-activated artificial intelligence platform, LG Electronics is expanding its connections further with the online retail industry giant, Amazon. The Korean electronics manufacturer, LG, has unveiled its plan to connect its...

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Ethris and AstraZeneca to collaborate on the development of mRNA therapies for respiratory diseases

AstraZeneca, a prominent leader in global pharmaceutical market, has recently announced a five-year strategic research collaboration with the German biotech start-up, Ethris. Ethris is a key player specializing in mRNA-based therapeutics, and boasts ...

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Walmart to overshadow Amazon’s flying warehouses, with its patent covering ‘gas-filled’ aircrafts

In a move resembling the one made by Amazon in April 2016, Walmart Inc., - the world’s largest retailer has also applied for a U.S. patent for flying warehouses. The advent of the drone technology in the global online retail industry has creat...

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Aldi’s partnership with Instacart enables its entry into the grocery delivery game

Aldi Inc., one of the most reputed supermarket chains in Germany, is reportedly planning to join forces with Instacart, with an aim to offer groceries in three U.S. cities. Aldi’s alliance with Instacart is expected to pave the way for the form...

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DuPont to purchase Granular Inc. in a bid to upgrade its agricultural spinoff with the Dow Chemical Company

Chemical magnate DuPont has been lately strengthening its agriculture business by engaging in strategic acquisitions with agricultural technology companies, one of its latest acquisitions being, the takeover of San Francisco-based Granular,Inc. The ...

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Taiwan’s Formosa Phase II commercialization to commence in 2019

After having recorded an electricity generation capacity of 6.5 MW from Formosa I – Taiwan’s 1st commercial-scale offshore wind project, the country is all set to boost its capacity to approximately 120 MW by 2019. For the records, Formos...

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Schneider Electric and GSK have signed a strategic partnership to address the issue of increasing carbon footprints

Schneider Electric, one the leading energy management information system industry giants, has recently entered into a strategic partnership with the renowned pharmaceutical market player, GSK. As per the deal, the former will provide useful informati...

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