LONDON / PARIS (Reuters) – Britain has signed an agreement for up to 60 million doses of a possible COVID-19 vaccine developed by Sanofi (SASY.PA) and GlaxoSmithKline (GSK.L), he said Wednesday, heats up his fourth deal, like the race to tame the pandemic. FILE PHOTO: Small bottles labeled with “Vaccine” …
Read More »Exclusive: ByteDance investors value TikTok at $ 50 billion in takeover bid – sources
NEW YORK / HONG KONG (Reuters) – Some investors in TikTok parent company ByteDance, seeking to take over the popular social media app, value it at around $ 50 billion, significantly more than its peers, like Snap. Inc (SNAP.N), according to people familiar with the matter. FILE PHOTO: Tik Tok …
Read More »US refineries to record worst second-quarter results in a decade
(Reuters) – U.S. oil refineries are expected in the next few days to report the worst second-quarter results in a decade, with output exceeding demand, while pandemic-related closings have undermined trips by summer. FILE PHOTO: Valero Energy Corp. service station shown in El Cajon, California, USA, August 8, 2017. REUTERS …
Read More »Eastman Kodak to Obtain $ 765 Million Loan to Make Drug Ingredients
(Reuters) – Eastman Kodak Co (KODK.N) will obtain a $ 765 million loan from the US government to produce pharmaceutical ingredients in the country, which will help reduce dependence on other countries by strengthening national supply chains. The company’s shares were trading at $ 8.80 after closing at $ 2.62 …
Read More »South Korea launches Tesla vehicle security probe
FILE PHOTO: Tesla EVs are parked in Hanam, South Korea, on July 6, 2020. REUTERS / Kim Hong-Ji SEOUL (Reuters) – South Korea said it is investigating possible security problems with vehicles manufactured by US automaker Tesla Inc (TSLA.O), which competes heavily with Hyundai Motor Co (005380.KS) in the South …
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