Business

LONDON: A row between pharmaceutical firms Moderna and Pfizer/BioNTech comes to court in London on Tuesday over patents for Covid vaccine technology that helped save millions of lives during the pandemic. At issue is US firm Moderna’s claim that its American competitor Pfizer and its German partner BioNTech breached patent …

Private Sector Advisory Council (PSAC) lead convenor and Aboitiz Group president and chief engagement officer Sabin Aboitiz (right) and Ayala Group chairman Jaime Augusto Zobel de Ayala (second from left) engage in a deep discussion with New Zealand delegates, exploring potential business opportunities and fostering stronger economic ties at the …

On the sidelines of the World Bank-International Monetary Fund Spring Meetings in Washington, Finance Secretary Ralph Recto met with officials of the World Bank led by its president, Ajay Banga, to discuss key areas for development. (STAR / File)  MANILA, Philippines — Washington-based World Bank has committed to aid the …

Velocita Motors inaugurates permanent home Ferrari has opened its new permanent home in a state-of-the-art facility in Connecticut Street, in San Juan City. Operated by Ferrari’s official importer and distributor in the Philippines, Velocita Motors, Inc., the showroom is envisioned as a dynamic community hub where Ferrari owners can celebrate …

Investment pledges registered with the Board of Investments (BOI), the government’s premier investment promotion and generating agency, from January to date (April 17) reached P607 billion, a 15 percent jump from the January to April 2023 performance. In January to April 2023, the BOI logged P527.24 billion worth of investment …

Federal budget references to mortgage products aimed at Canadian Muslims have members of the community celebrating, along with the mortgage providers that look to serve them, despite a lack of detail from the government on what is to come. Government indicated that it’s ‘exploring new measures to expand access.’ Federal …

Tesla is recalling 3,878 Cybertrucks to fix an accelerator pedal pad that could come loose and get lodged in the interior trim, the U.S. National Highway Traffic Safety Administration said.  Stuck accelerator pedal could cause the vehicle to accelerate unintentionally, U.S. agency says. Tesla is recalling 3,878 Cybertrucks to fix …

Environment Minister Steven Guilbeault’s department has been battling with banks for almost two years over how carbon rebates are labelled when they are deposited directly into bank accounts.  Change to the law would affect all government deposits. Canadian banks that refuse to identify the carbon rebate by name when doing …

TOKYO: Japanese inflation slowed to 2.6 percent in March, largely in line with market expectations, data showed on Friday. The year-on-year rise in prices excluding volatile fresh food against a market consensus of 2.7 percent followed a 2.8-percent February increase, in part thanks to lower gas bills. Stripping out fresh …

Google said on Thursday it has terminated 28 employees after some staff participated in protests against the company’s cloud contract with the Israeli government.  Some workers call move an ‘act of retaliation,’ say non-protesters also fired. Google said on Thursday it has terminated 28 employees after some staff participated in …