MIT unveils Modern Design for Hybrid-Electric Airliner

MIT unveils Modern Design for Hybrid-Electric Airliner

By Anna Domanska - Jan 17, 2021

Engineers at MIT conceptualized a hybrid-electric plane that would reduce nitrogen oxide emission levels and harmful gre...

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Store Closures Cost European Retail Giant Primark $1.43 Billion in Sales

Store Closures Cost European Retail Giant Primark $1.43 Billion in Sales

By Anna Domanska - Jan 16, 2021

The European retail giant Primark said the COVID-19 had caused a loss of over $1.43 billion (£1.05 billion) in sales fr...

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Goldman Sachs to concentrate on consumer banking arm Marcus for growth

Goldman Sachs to concentrate on consumer banking arm Marcus for growth

By Anna Domanska - Jan 16, 2021

Goldman Sachs Group Inc. is firming up plans to bolster its consumer banking arm Marcus through acquisitions and concent...

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General Electric claims Siemens Energy used stolen theft secrets to win contract bids

General Electric claims Siemens Energy used stolen theft secrets to win contract bids

By Anna Domanska - Jan 15, 2021

General Electric Co. has accused rival Siemens Energy AG of using stolen trade secrets to rig bids for lucrative contrac...

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U.S. Trade Department Slams Digital Services Tax

U.S. Trade Department Slams Digital Services Tax

By Anna Domanska - Jan 15, 2021

The U.S. Trade Representative on Thursday said that the Digital Service Taxes (DSTs) in Spain, Austria and the U.K. is u...

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Bitcoin volatility attracts regulatory attention

Bitcoin volatility attracts regulatory attention

By Anna Domanska - Jan 14, 2021

Touted as digital gold, Bitcoins have seen some volatile action in the last few days, with the cryptocurrency hitting ne...

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Canadian Couche-Tard eyes France's Carrefour

Canadian Couche-Tard eyes France's Carrefour

By Anna Domanska - Jan 14, 2021

The Couche-Tard – Carrefour merger would result in a giant retail chain worth more than $50 billion. The acquisiti...

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Bayer plans 3 new drugs, banks on gene and cell therapy allogeneic cancer medicines

Bayer plans 3 new drugs, banks on gene and cell therapy allogeneic cancer medicines

By Anna Domanska - Jan 13, 2021

German pharma giant Bayer has plans to introduce three news drugs with annual sales potential of $1.22 billion (€1 bil...

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Creepy, Crawly, Yummy: EU food safety agency approves yellow mealworms for human consumption

Creepy, Crawly, Yummy: EU food safety agency approves yellow mealworms for human consumption

By Anna Domanska - Jan 13, 2021

The idea of insect-eating isn’t rooted in our Western cultural norms, but insects are common to traditional dietary cu...

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