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Tech giant Apple files legal suit against meal app's pear logo
Apple is trying to deny Prepears application for trademark registration. Apple has also targeted other companies having similar logos. It sent the patent office in Norway an objection letter in 2019, stating that the Fremskrittspartiet political party had a logo similar to its own. ... Read More
Alaska Airlines mandates ‘no mask no travel’ policy for passengers
Alaska Airlines, a Washington-based airline major, has recently announced that passengers over the age 2 years would be required to compulsorily wear face covering or cloth mask over their mouth and nose as a safeguard against the contagious COVID-19 disease. Reportedly, passenger that do not adh... Read More
Virgin Atlantic files for bankruptcy due to low air travel demand
Virgin Atlantic, a British airline, is currently seeking protection under Chapter 15 of the United States bankruptcy code. This announcement also marks the struggle faced by numerous carriers, including Australia’s 2nd largest airline, Virgin Australia, to survive amid severe decline in air... Read More
E-learning startup Byju's nears $400 million funding from DST Global
The lockdowns and the practice of social distance across India have prompted students to opt for online learning. As digital learning takes center stage during this challenging time, e-learning companies like Think & Learn Pvt. Ltd.( Byju's), Unacademy, and Vedantu have been taking proactive... Read More
NHS England invests £160M on new ‘COVID-friendly’ cancer drugs
NHS England is reportedly investing £160 million on new ‘COVID-friendly’ cancer drugs that are less likely to impact the patients’ immune system. The drugs can also be prescribed for patients at home to reduce their instances of visiting the hospitals, which will allow them t... Read More
MAS grants SRFB privileges to StanChart under improved framework
The Monetary Authority of Singapore (MAS), Singapore’s financial and central bank authority has reportedly awarded SRFB (Significantly Rooted Foreign Bank) privileges to Standard Chartered Singapore, which allows the bank to operate in additional places of business. The agency said in the p... Read More
Kodak share soars post active drug ingredient development deal
Shares of Eastman Kodak, an American technology company, have recently increased, following the announcement of a deal by the U.S. President Donald Trump. The agreement is regarding the President’s collaboration with the company to produce active ingredients for generic medicines to fight agai... Read More
India readies 5 sites for Phase 3 Oxford-AstraZeneca vaccine trial
Phase 3 or late-stage clinical trial of the Oxford-AstraZeneca coronavirus vaccine is reportedly set to be conducted across 5 sites in India. Additionally, Oxford and its partner, AstraZeneca, have chosen the Serum Institute of India to manufacture the COVID-19 vaccine, following the anticipated ... Read More
Huawei lays off staffs in India amid calls to boycott Chinese products
Huawei Technologies Co., a telecommunications equipment company, has reportedly reduced its revenue target for 2020 in India by over 50%. Additionally, the multinational technology company is laying off more than half the capacity of its employees in the country. The decision has been made amid t... Read More
Grofers records profitable growth, plans IPO listing in late 2021
The COVID-19 pandemic has managed to stall numerous businesses worldwide. However, online grocery delivery firms have managed to amass considerable revenue growth over the months as a result of stern lockdown norms that have ensued consumers to opt for online food & grocery services. Indian o... Read More