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Strong floodings let China face energy supply problems
The strong rainfalls in central china have forced the country to shut down some of its power plants.
Johnson & Johnson wants to outsource baby powder litigation costs
The company plans to load off the liabilities into a new vehicle and then file for bankruptcy.
Chinese data on oil markets lacks transparency
Markets are unsure how to react on Beijing´s latest announcements.
Lawn mower causes large California wildfire
Garden works on a marihuana field damages various buildings in the state.
Ford will supply US Postal Service with electric vehicles
The American car manufacturer has bagged a contract with the country´s largest mail delivery company.
Alvotech sues AbbVie for patent-related issues
The company seeks to invalidate one of AbbVie´s arthritis patents.
Discovery and AT&T will be merging contents on a new platform
The move could save both companies billions of dollars.
Semiconductor Shortage shows its impact on the US economy
The lack of supply for microchips is causing problems for a large number of companies.
Cronos continues to lose large sums of money in Q1
The cannabis giant has burnt more than 160 million in the past three months.
Alibaba Group to invest up to 750m $ in food service app
The chinese tech giant wants to enter the lucrative chinese food sector.