Starbucks allies with Meituan to expand its delivery services in China

American multinational coffee house brand Starbucks Corporation has reportedly partnered with Chinese food and retail delivery service platform Meituan. This partnership will allow Starbucks’ customers to order coffee delivery via the....

Tesla enters agreement with Mozambique to access EV battery components

Tesla Inc. has signed an agreement with Mozambique to obtain important components for its electric vehicle batteries. Experts believe this is a first-ever attempt by the EV giant to lessen its reliance on China. The material will be purcha....

Coca-Cola, Pepsi call for a global effort to lower plastic production

Multinational corporations such as The Coca-Cola Company and PepsiCo Inc. have reportedly called for a global pact to minimize plastic production, which notably is a key growth stimulant for the oil industry.   World officials ar....

California’s newly proposed budget aims to address port pollution

California Governor Gavin Newsom's recently proposed budget includes plans to combat pollution harming portside neighborhoods and improve the state's capacity to meet the nation's growing demand for imported consumer goods. The....

NBCUniversal partners with RTL AdConnect to open new ad opportunities

Media and entertainment conglomerate NBCUniversal Media LLC has reportedly partnered with RTL AdConnect, RTL Group’s international advertising sales house. This move will result in both brands giving each other access to their digital....

Airbus maintains top plane maker position; delivers 611 jets in 2021

Airbus has yet again managed to maintain its position as the largest global jet maker, surpassing Boeing for the third year in a row. The European aerospace giant has delivered 611 jets in 2021, up by 8% from the previous year. These numbe....

Novartis to in-license Molecular Partners’ new COVID-19 drug ensovibep

Novartis has confirmed that it will in-license ensovibep from Molecular Partners to expedite its manufacturing and regulatory approvals globally. Molecular Partners will receive a milestone payment of 150 million and a 22% royalty on ens....

Reddit picks Goldman Sachs, Morgan Stanley for its stock market debut

Reddit Inc., the social networking business that fueled the 2021 meme stock mania, is reportedly working with Goldman Sachs Group Inc. and Morgan Stanley to go public as early as March this year. In December, Reddit said that it had confid....

Atara extends multi-year collaboration with Be The Match BioTherapies®

Atara Biotherapeutics Inc. and Be The Match BioTherapies have reportedly extended their partnership to offer top-quality healthy donor cells for the off-the-shelf T-cell immunotherapy platform of Atara. The multi-year collaboration uses th....

HBO Max records considerable growth, defies rival services’ performance

WarnerMedia's HBO Max streaming service added a significant number of members over the holidays, despite the decreasing pace of other competing services. This can be attributed to its programming selection that includes the relaunch of ....