Google sued by Justice Department for illicitly holding monopoly power
The U.S. Justice Department has reportedly filed a landmark lawsuit against Google LLC of illegally safeguarding its monopoly in order to dominate the search and advertising vertical. If reports are t....
Impossible Foods to launch faux beef burger in Asian grocery stores
Impossible Foods, a developer of plant-based substitutes, has reportedly announced that its faux beef burgers will be made available in Singapore and Hong Kong grocery stores. This will enable the com....
The Live Virus on the Outside of Frozen Food Packaging Alerts China
The Chinese health authorities who are investigating the ongoing Covid-19 outbreak, claim that they have found live coronavirus on frozen food packaging. It shows that the virus can live in cold suppl....
Ofgem supports energy customers by offering flexible payment options
Energy consumers get relief from Ofgem as it instructs companies to provide emergency credit and flexible repayment options. Britain’s gas & electricity supply regulator, The Office of Gas ....
Sabic and Saudi Aramco reassess crude-oil-to-chemicals project
Saudi Basic Industries Corporation(Sabic) and Saudi Aramco have reportedly decided to reassess their USD 20 billion crude-oil-to-chemical projects in a bid to cut spending amid the COVID-19 pandemic. ....
Mölnlycke launches innovative surgical glove, Biogel® PI UltraTouch® S
Mölnlycke, a medical device company, has reportedly unveiled an innovative surgical glove, Biogel® PI UltraTouch® S. Biogel® PI UltraTouch® S will help address....
Array Technologies raises $1 billion in Initial Public Offering
Array Technologies, the U.S-based global leader in manufacturing solar tracking solutions, has reportedly secured USD 1.05 billion in Initial Public Offering (IPO) of 47.5 million shares of its common....
Food delivery business heats up in South Korea amid COVID-19 boom
Some of the most renowned food delivery giants in the world are reportedly preparing themselves to effectively capitalize on an estimated $4 billion wave created by food orders in South Korea. The com....
Battery tech Nilar International receives €47M loan backing from EIB
Nilar International, a Swedish battery manufacturing startup, has reportedly received a loan of over €47 million from the EIB (European Investment Bank), a publicly owned international financial ....