By Amruta Khandekar and Leroy Leo (Reuters) – Plunging valuations have made biotech companies tempting acquisition targets for cash-rich Big Pharma and a flurry of deals is just what the…
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By David Shepardson and Joseph White WASHINGTON (Reuters) – U.S. automakers and dealers are scrambling to figure out if they can still offer $7,500 tax credits to would-be buyers of…
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(Reuters) – U.S. import prices fell for the first time in seven months in July, helped by a strong dollar and lower fuel and nonfuel costs, while consumers’ one-year inflation…
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BERLIN (Reuters) -Mercedes-Benz is the first carmaker to receive cells from a new 7.34 billion euro ($7.56 billion) battery factory China’s CATL plans to build in Hungary, it said on…
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LONDON (Reuters) -Britain is considering plans to subsidise power bills for energy intensive industries such as steel and cement, in an effort to support hundreds of businesses facing record high…
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FRANKFURT (Reuters) – Germany’s financial watchdog BaFin has called on Allianz to improve its internal controls following fraud at its U.S. funds unit, a person with knowledge of the matter…
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Business
The global manufacturer and marketer of intimate apparel adopts Infor Nexus supply chain platform
by umaTEL AVIV, Israel – 8th August 2022 – Infor, the industry cloud company, today announced that Delta Galil Industries Ltd, a global leader in the design, manufacture, distribution and sale of intimates…
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In response to the challenging supply chain environment, more than two thirds of make, move, sell companies shifted their business model in 2021 and 85% of them saw growth Key…
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By Olov Lindqvist, Chief Technology Officer, Konsolidator Boohoo recently announced the appointment of a new CFO from Trainline, Shaun McCabe. This comes after the retailer announced its first-ever sales drop,…
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Brits will leave behind an online trail of 9,828 photos, 10,811 social media posts and 126 email addresses across their lifetime. A study of 2,000 adults found more…
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Central European circular economy leader GreenGroup enters the polyolefin recycling market with Lithuanian investment 8 August 2022, Vilnius – Abris Capital Partners (“Abris”), the ESG transformation specialist private equity…
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Digital
Global bakery ingredients business increases revenues and enhances customer experience with AI-driven product and pricing recommendations
by umaNEW YORK – Aug. 9, 2022 – Infor®, the industry cloud company, today announced that global bakery ingredients business Zeelandia Group has deployed its Infor Coleman AI (artificial intelligence) solution. These new AI…
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