If you ever looked up during a thunderclap and a red jellyfish looked high in the air, you were not hallucinating. These tentacle-like spurts of red lightning are called sprites. They are ultra-fast bursts of electricity that creep through the upper regions of the atmosphere – between 37 and 50 …
Read More »Amazon investigated by German watchdog for ‘price police’
A worker prepares packages for delivery in an Amazon warehouse in Brieselang, Germany. Sean Gallup | Getty Images Amazon is under investigation by German authorities for proven abuse of its market position during the coronavirus pandemic. The investigation, led by the German Federal Antitrust Bureau, looks at Amazon’s relationship with …
Read More »Europe’s plan to tax emissions from ships could create a trade nightmare
The European Commission proposes to extend its Emissions Trading Scheme (ETS) to shipping as one of a series of measures to pay for the recovery of the EU economy, and to promote a green recovery from the crisis. The European Union plans to spend 30% of its € 750 billion …
Read More »Virus pandemic that affects air travel as carriers struggle
In an effort to survive, airlines are desperately trying to convince a convincing audience that measures such as mandatory face masks and hospital-class air filters sitting in an airplane are safer than many other indoor settings during the coronavirus pandemic. It does not work. Research indicates that instead of becoming …
Read More »Sanofi to buy Biotech Company Principia for $ 3.4 billion
Sanofi agrees to take over US biotech company Principia Biopharma Inc. for about $ 3.4 billion as the French drugmaker turns to innovative therapies to stimulate growth under new Chief Executive Officer Paul Hudson. The all-cash deal will see Sanofi take full control of the company, which focuses on treatments …
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