BMW emphasized its concern regarding the ongoing global chip shortage recently, explaining that the excessively low supply could result in further lost production within the car industry. The German automaker also mentioned that there is little likelihood that supply will increase in the later stages of 2021.
As a result...
Michael Saylor made the headlines in the past two years as one of the biggest Bitcoin bulls out there. He was once again the talk of the financial world on Tuesday, but this time for a completely different reason. MicroStrategy, the company he founded in 1989, announced that Saylor...
The Colombian government announced on Saturday that it is due to receive an initial order of 4.4 million doses of coronavirus vaccines from the World Health Organization-backed COVAX mechanism.
President Ivan Duque addressed the nation on television, explaining that this delivery would include a combination of vaccines developed by Pfizer...
Moderna shares gained 2.2% during premarket trading on Thursday as the biotech company reported a revenue of $570 million during the fourth quarter of 2020. This revenue surge came as a result of skyrocketing sales of the Massachusetts-based company's COVID-19 vaccine, mRNA-1273.
Despite this record-high sales revenue, the biotech firm...
The National Union of Metalworkers of South Africa (NUMSA) launched a strike last week in an effort to seek pay rises. According to industry and union officials, the strike, with no definite end date, threatens to bottleneck the supply of auto parts that are critical to the production of...
Argenx will purchase Forte Biosciences for $2.2 billion in cash, adding an autoimmune-focused asset to its growing immunology pipeline.
U.S. producer prices rose in September by more than expected on the back of surging energy costs. The producer price index (PPI) rose by 0.5% last month, following a 0.7% rise during the previous month.
September's PPI rise exceeded the 0.3% gain expected by analysts. Throughout the 12 months leading...
According to the report, several ambassadors, affiliates and employees tied to Gencore Global were involved in a Telegram network selling steroids, prescription medicines and experimental peptides.
The British pound rose 0.15% against the U.S. dollar to $1.2624 on Monday, pushing the currency toward a three-month high. This comes after UK Prime Minister Rishi Sunak announced a flurry of foreign investments into the nation ahead of a gathering of business leaders.
Since the start of the...
Day 1 of the Electrek Formula Sun Grand Prix 2026 featured record participation, strong winds, and early leads in both solar car classes at Brainerd International Raceway.