Japan announced on Tuesday that it will donate an additional 1.3 million doses of coronavirus vaccines to Taiwan and other neighboring countries. The additional AstraZeneca Plc doses (approximately 500,000) will bring Japan's total donations to the island to 3.9 million, Foreign Minister Toshimitsu Motegi told reporters.
According to sources in...
General Motors Co's venture capital arm has decided to invest in Oculii, a startup aimed at making software for radar sensors in self-driving cars. The news was announced by Oculii co-founder Steven Hong.
According to Reuters, this investment will give GM the opportunity to use Oculii's software to upscale the...
Following a sharp employment slowdown during the month of June, the U.S. Department of Labor announced that July saw the emergence of a record number of job openings across all industries.
According to the data, the number of job openings soared from 749,000 at the start of the month to...
Following Saudi Arabia's decision to deeply slash contract prices for Asia over the weekend, oil prices fell by $1 earlier this week. While futures fell by 98 cents, a margin of 1.4%, U.S. West Texas Intermediate crude was down 95 cents, or 1.4%. This brings the prices down to...
In an effort to entice buyers into more sales, Saudi Arabia has decided to decrease the prices for oil sales to Asia over the next month. This comes after three months of constant price hikes on all grades in the Asian market.
The price decrease comes after the OPEC+ decided...
Mexican grocery delivery startup Justo has decided to enter Brazil, placing an initial investment of $40 million into its expansion efforts into the new market.
Prior to taking on the decision to launch in Sao Paolo, Justo raises over $100 million in funds to expand in Mexico, its original market....
Oil futures on the NYSE exceeded a price of $70 per barrel for the first time in nearly a month, thanks to sustained investor confidence. There seems to be a widespread consensus that the oil market can withstand blows resulting from additional supply from OPEC+ as well as the...
Fintech company Ideanomics revealed on Monday that it's pursuing the acquisition of VIA Motors International Inc in an all-stock deal worth approximately $630 million. As part of the deal, Ideanomics will be offering 62 million shares to shareholders of VIA Motors International, with the latter entity expected to own...
Terry Gou, the founder of major Apple Inc supplier Foxconn, has requested that vaccine maker BioNTech SE reserve an order of 30 million units of its coronavirus vaccine for Taiwan. According to Gou, Taiwan is very keen to receive vaccination doses from BioNTech, jointly developed with Pfizer. This comes...
Pfizer Inc. and BioNTech SE have announced that they are currently seeking approval for the release of their COVID-19 vaccine booster shot. The application is scheduled to be submitted by the end of this week.
Competitors such as Moderna and Johnson & Johnson are making inroads of their own with...