Biz/Tech
Boeing on Track to Achieve Production of 737 Max, Despite Reports of Delays from Boeing's Supplier
A company spokesman said that Boeing Co. is still on track to achieve the company’s target production of its 737 Max jetliner, according to a report from Reuters.
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Glaxo is Selling its Rights to its Autoimmune Treating Drug to Novartis for $1 Billion, Divests its Remaining Rights in the Drug
GlaxoSmithKline Plc has just announced that it will be selling its rights in ofatumumab, a drug that treats autoimmune disease, including multiple sclerosis, to Novartis AG for more than $1.03 billion, according to a press release issued by Glaxo.
Oracle Buys Maxymiser, Boosts its Oracle Marketing Cloud
The Oracle Corporation has just announced that it has signed an agreement to acquire Maxymiser, a leading provider of cloud-based software, according to Oracle’s press release that is published in Market Watch.
U.S. July Inflation Rises Modestly for Sixth Month, Rate Hike Still Likely
Pulled back by a steep decline in airfares despite rising costs of housing, U.S. inflation only rose modestly in July with another lower-than-projected rise in consumer prices likely this year .
Airbnb Seeks to Expand in China, Partners with Two Chinese Companies
Airbnb has announced in their blog that they will be expanding in China with the help of two strategic partners, China Broadband Capital and Sequoia Capital China.
Japan's Kirin Gets Controlling Stake in Top Myanmar Brewery, Expects Strong Market Growth
Japan's Kirin Holdings has taken a controlling stake in Myanmar's biggest brewer after buying out top shareholder Fraser and Neave as it continues to expand abroad amid a challenging domestic market.
Target Profits Surge to Beat Market Expectations on Sustained Same-Store Sales Growth
Shopping chain Target Corp. on Wednesday announced higher profit outlook for the year due to better performance than anticipated and continue same-store sales growth
Southeast Asia's GrabTaxi Raises $350 Million as E-Hailing App a Hit in the Region
Singapore's Grab Taxi Holdings Pte Ltd., an online ride sharing service in Southeast Asia, has raised $350 million from private placements.
'Elder Scrolls 6' Release Date Not Happening Anytime Soon Because Of 'Fallout 4'
'Elder Scrolls 6' Release Date Not Happening Anytime Soon Because Of 'Fallout 4'
PC Release Date To 'Final Fantasy XV' Finally Coming Following Director Hajime Tabata's Statement?
PC Release Date To 'Final Fantasy XV' Finally Coming Following Director Hajime Tabata's Statement?
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