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Tag: business news

Pfizer struggles to claw back faith with Wall Street and its employees as it recovers from the Covid decline

Posted on June 28, 2024 By Admin No Comments on Pfizer struggles to claw back faith with Wall Street and its employees as it recovers from the Covid decline
Pfizer struggles to claw back faith with Wall Street and its employees as it recovers from the Covid decline

Kena Betancur | Corbis News | Getty Images Pfizer had a “phenomenal” first quarter — and Wall Street took notice, CEO Albert Bourla told thousands of employees during a companywide town hall on May 2, according to a recording heard by CNBC.  A day earlier, the pharmaceutical giant’s stock had closed 6% higher after its…

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Health

‘Unavailability of engines’: IndiGo to receive compensation from Pratt & Whitney for grounded aircraft – Times of India

Posted on June 15, 2024 By Admin No Comments on ‘Unavailability of engines’: IndiGo to receive compensation from Pratt & Whitney for grounded aircraft – Times of India
‘Unavailability of engines’: IndiGo to receive compensation from Pratt & Whitney for grounded aircraft – Times of India

NEW DELHI: InterGlobe Aviation, the parent company of budget airline IndiGo on Friday said that it has reached an agreement with International Aero Engine (IAE), an affiliate of Pratt & Whitney, to receive a “customised” compensation package, for grounded aircraft.In a regulatory filing InterGlobe Aviation said, “On June 14, 2024, InterGlobe Aviation Ltd finalised an…

Read More “‘Unavailability of engines’: IndiGo to receive compensation from Pratt & Whitney for grounded aircraft – Times of India” »

Business

FDA approves two new Abbott over-the-counter continuous glucose monitors

Posted on June 10, 2024 By Admin No Comments on FDA approves two new Abbott over-the-counter continuous glucose monitors
FDA approves two new Abbott over-the-counter continuous glucose monitors

Abbott Chairman of the Board and CEO Robert B. Ford delivers a keynote address at CES 2022 at The Venetian Las Vegas on January 6, 2022 in Las Vegas, Nevada. Ethan Miller | Getty Images Abbott Laboratories announced Monday it received approval from the U.S. Food and Drug Administration for two new continuous glucose monitoring…

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Health

Wipro, IISc partner for AI health tech – Times of India

Posted on May 28, 2024 By Admin No Comments on Wipro, IISc partner for AI health tech – Times of India
Wipro, IISc partner for AI health tech – Times of India

New Delhi: IT services major Wipro on Tuesday announced a partnership with the Centre for Brain Research to leverage the power of AI, machine learning, and big data analytics for health behaviour innovations. CBR is an autonomous, non-profit research organisation hosted at the Indian Institute of Science.A release announcing the collaboration between Wipro and the…

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Business

Pfizer aims to save $1.5 billion by 2027 in first wave of new cost cuts

Posted on May 22, 2024 By Admin No Comments on Pfizer aims to save $1.5 billion by 2027 in first wave of new cost cuts
Pfizer aims to save $1.5 billion by 2027 in first wave of new cost cuts

Exterior view of the Pfizer headquarters building in New York City on Jan. 29, 2023. Kena Betancur | Corbis News | Getty Images Pfizer on Wednesday said it has launched a new multiyear program to reduce costs as it works to rebound from the rapid decline of its Covid business.  The announcement is in addition…

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Health

India’s 1st aerotropolis in Delhi to get the country’s largest mall in IGI Airport’s Aerocity! Top 10 things to know – Times of India

Posted on May 11, 2024 By Admin No Comments on India’s 1st aerotropolis in Delhi to get the country’s largest mall in IGI Airport’s Aerocity! Top 10 things to know – Times of India
India’s 1st aerotropolis in Delhi to get the country’s largest mall in IGI Airport’s Aerocity! Top 10 things to know – Times of India

By 2027, Indira Gandhi International Airport‘s Aerocity will feature India’s largest mall, as part of a massive $2.5 billion expansion project that will transform the country’s first aerotropolis over the next five years, according to a TOI report by Saurabh Sinha.We take a look at top 10 things about the Delhi Aerocity expansion project that…

Read More “India’s 1st aerotropolis in Delhi to get the country’s largest mall in IGI Airport’s Aerocity! Top 10 things to know – Times of India” »

Business

Amgen stock soars on weight loss injection progress as Novo Nordisk, Eli Lilly shares slide

Posted on May 3, 2024 By Admin No Comments on Amgen stock soars on weight loss injection progress as Novo Nordisk, Eli Lilly shares slide
Amgen stock soars on weight loss injection progress as Novo Nordisk, Eli Lilly shares slide

Amgen‘s stock rose more than 12% on Friday after the drugmaker teased positive initial data on its experimental weight loss injection.  That fueled investor concerns about new competition in the rapidly growing weight loss drug industry, sending shares of the current obesity players, Novo Nordisk and Eli Lilly, lower on Friday. Eli Lilly shares dropped…

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Health

Applying for Europe travel visa? No immediate benefit of new Schengen visa rules likely for Indians; long appointment wait times continue – Times of India

Posted on April 24, 2024 By Admin No Comments on Applying for Europe travel visa? No immediate benefit of new Schengen visa rules likely for Indians; long appointment wait times continue – Times of India
Applying for Europe travel visa? No immediate benefit of new Schengen visa rules likely for Indians; long appointment wait times continue – Times of India

Applying for a European visa? The travel industry has welcomed the new “favourable” Schengen visa rules for Indians, but industry executives believe that the changes are unlikely to provide any immediate relief for those seeking to travel to Europe who have been frustrated by long appointment wait times for the past three years. However, they…

Read More “Applying for Europe travel visa? No immediate benefit of new Schengen visa rules likely for Indians; long appointment wait times continue – Times of India” »

Business

Health records giant Epic cracks down on startup for unauthorized sharing of patient data

Posted on April 13, 2024 By Admin No Comments on Health records giant Epic cracks down on startup for unauthorized sharing of patient data
Health records giant Epic cracks down on startup for unauthorized sharing of patient data

The eponymous sign outside Epic headquarters in Verona, Wisconsin. Source: Yiem via Wikipedia CC Epic Systems, the largest provider of software for managing medical records, says a venture-backed startup called Particle Health is using patient data in unauthorized and unethical ways that have nothing to do with treatment. Epic told customers in a notice on…

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Health

Despite discontent, over 98% Vistara pilots sign new contract – Times of India

Posted on April 6, 2024 By Admin No Comments on Despite discontent, over 98% Vistara pilots sign new contract – Times of India
Despite discontent, over 98% Vistara pilots sign new contract – Times of India

Vistara pilots unhappy about pay cuts due to Air India merger. 98% signed agreement. Tata Group merging AIX Connect into Air India Express. LCC merger smooth, facing disruption. Kannan addresses challenges, deploys larger aircraft. Source link

Business

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