Planemaker Bombardier Inc is to cut up to 600 jobs in its Northern Ireland operations, it said on Thursday, as part of plans announced last week to cut 2,500 jobs or about 11% of the workforce in its global aviation unit.
Plant-based meat pioneer Beyond Meat (BYND) has announced the company’s first co-manufacturing capabilities in Europe with the opening of the Zandbergen co-manufacturing facility in Zoeterwoude, the Netherlands.The new facility, which is owned and operated by Zandbergen, will produce the Beyond Burger and Beyond Sausage, and BYND hopes it will enable more efficient distribution of Beyond Meat’s products across EMEA.This week, Beyond Meat also snapped up its first manufacturing facility in Europe in Enschede, the Netherlands. This Beyond Meat owned facility will be the first outside of Missouri, USA to handle Beyond Meat’s texturizing of plant proteins, the first step in …read more […]
JPMorgan has promoted Jonas Wikmark as co-head of Nordics banking to drive growth in one of its major European markets, according to a memo seen by Reuters.
Moderna Inc on Thursday confirmed it plans to start a trial of 30,000 volunteers of its much-anticipated coronavirus vaccine in July as the company enters the final stage of testing. The Cambridge, Massachusetts-based biotech said the primary goal of the study would be to prevent symptomatic COVID-19, the disease caused by the novel coronavirus. The key secondary goal would be prevention of severe disease, as defined by keeping people out of the hospital. …read more […]
Menlo Therapeutics Inc.’s (NASDAQ:MNLO): Menlo Therapeutics Inc., a pharmaceutical company, focuses on developing and… …read more […]
Stock futures slid following the Federal Reserve’s monetary policy decision, in which policymakers highlighted the ongoing economic concerns spurred by the coronavirus pandemic and measures taken to contain it. Meanwhile, market participants also eyed a rise in new coronavirus cases in key states including Arizona, Florida, North Carolina and Texas. …read more […]
Unilever proposed collapsing its Anglo-Dutch legal structure into a single holding company based in Britain on Thursday, nearly two years after shareholders sank an earlier plan to move its headquarters to the Netherlands.
U.S. stock futures extended declines on Thursday, a day after the Federal Reserve’s economic forecast confirmed that the pain from the coronavirus outbreak will be felt for years, with investors also nervous about a second wave of infections.
Volkswagen’s management board on Thursday apologised for the company’s publication on its Instagram page of a racist advert and said the clip was published because of a lack of cultural sensitivity rather than because of racist intentions.
(Bloomberg) — Fortunes have been made — and lost — in the oil market this year on an unprecedented scale, but it looks like the world’s traders will have to forgo their last chance to get together and celebrate or commiserate.That’s because S&P Global Platts, the organizer of Singapore’s Annual Asia Pacific Petroleum Conference, just announced that it’s going to hold the event virtually because of the coronavirus.The gathering, in its 36th year, is the biggest of its kind in Asia and one of the industry’s three most important global conclaves, all of which have now been disrupted by the …read more […]
Walmart Inc will stop keeping personal care products designed for people of color in locked display cases, the retailer said, after the practice drew flak online with many saying it suggested customers for these products cannot be trusted.
Canadian plane maker Bombardier Inc is to cut around 400 jobs in its Northern Ireland operations, it said on Thursday, part of plans announced last week to cut 2,500 jobs or about 11% of the workforce in its global aviation unit.
(Bloomberg) — Gold futures rallied as the Federal Reserve vowed to hold interest rates lower for longer and investors tracked signs of a resurgence in infections in some U.S. states.The haven pushed higher after Chairman Jerome Powell said Wednesday the Fed is committed to “do whatever we can, for as long as it takes.” Almost all officials forecast keeping rates near zero through 2022, and the central bank also said it will at least maintain the current rate of bond purchases.“The conditions are here for gold still going to $1,800,” Dominic Schnider, head of commodities & Asia Pacific currencies at …read more […]
We wait for what comes next.
The nation is like a family that’s been plagued with pain. The poor folks have suffered from one bad thing after the next. Divorce, job loss and disease… The community around it keeps its distance and wonders what more could go wrong. People whisper about its fate in church.
The United States has been through a pandemic and deadly riots, and, oh look, a decisive election is on the horizon. What else can there be?
An alien invasion?
If they’re intelligent beings, the aliens will drop in, grab all of our Hershey bars and head back to whence …read more […]
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