Investment management company Blackstone Group Inc. has agreed to the purchase of a life insurance business from Allstate Corp. for a sum of $2.8 billion. This deal is part of Blackstone's plan to expand its market share in the insurance industry.
This deal comes as Allstate continues pursuing its goal...
With the company determined to meet its COVID-19 vaccine delivery targets, pharmaceutical giant Johnson & Johnson has revealed that it is expected to report some much-anticipated data on its vaccine early next week.
Eager to fulfill the obligations of its already-signed agreements, Johnson & Johnson's shares rose by around 3.4%...
The health department of California announced on Wednesday that it was safe to continue using an existing batch of the COVID-19 vaccine from Moderna Inc. after a pause was enacted on Sunday. This hiatus was enforced as a result of possible allergic reactions to the vaccine.
According to Moderna, the...
In what was a first in Europe, Google and a group of French publishers agreed on Thursday to a framework over copyrights in which the multinational technology company would pay publishers for their online content. To date, Google has only signed individual agreements with a few publications such as...
The German state of North-Rhine Westphalia has suffered a setback in its battle against the coronavirus pandemic following delays in the delivery of vaccines from Pfizer and its German partner BioNTech. In an announcement on Wednesday, the state revealed that plans to open new vaccination centers on February 8th...
With the COVID-19 pandemic having a devastating effect on air travel since March 2020, Delta Air Lines has incurred damage as reflected in the company’s fourth-quarter earnings report. All in all, the major U.S. carrier lost $15.6 billion dollars in 2020, with its adjusted operating revenue plummeting by 69%...
Biotech firm Moderna and ride-sharing company Uber have announced their intention to partner up in an effort to promote coronavirus vaccine distribution and improve ease of access.
In an announcement on Tuesday, the companies revealed that the first stage of their partnership would involve providing the public with “credible information”...
The government of Peru has agreed to purchase an initial batch of one million COVID-19 vaccines from Chinese pharmaceutical company Sinopharm for a sum of $26 million. This is the first part of a deal to buy 38 million doses from the Chinese company.
While the nation’s vaccine program has...
While Moderna continues to wait for the European Commission’s decision on whether or not to approve the use of its vaccine within European Union member states, the biotech firm received a monumental boost as the European Medicines Agency (EMA) recommended that Moderna’s vaccine be authorized for use.
EMA executive director...
With Europe suffering through an extreme surge of coronavirus cases, the European Union has entered into negotiations with Pfizer Inc. and BioNTech to purchase an additional 100 million doses of the companies’ vaccines, with an option to acquire an additional 200 million doses if desired.
This is on top of...