Inovio Pharmaceuticals's experimental vaccine against the novel coronavirus was found to be safe in an early stage clinical trial and successfully induced an immune response in the majority of participants in the test.
The former head of UBS's investment banking operations in Britain will be the next chairman of Santander UK.
Netflix announced it would pledge 2% of its cash holdings to support black communities in the US.
Troubled German payment outfit Wirecard's US unit has put itself on the auction block after ist parent company filed for insolvency on 27 June after approximately €1. 9bn (£1. 7bn) of cash on its books went missing.
Shares in Uber Technologies jumped on Tuesday after the US company was reported to be in talks to acquire rival delivery service Postmates for $2. 6bn.
The Financial Conduct Authority has lifted its ban on trading by Wirecard's UK business, restoring access to cash and payments for millions of users of apps that relied on its services.
Facebook is failing to break an advertising boycott over hate speech on its platform with Diageo, Starbucks and Levi’s becoming the latest corporates to pull their ad dollars.
The Federation Aviation Administration cleared the Boeing 737 Max for test flights one year after its grounding.
Gilead Sciences has announced it will charge developed countries $390 a vial for remdesivir, its antiviral drug currently being investigated for use in Covid-19 patients.
US cosmetics group Coty is to take a 20% stake in Kim Kardashian West’s beauty empire after striking a $200m deal with the reality television star.
Wirecard shares more than doubled after the embattled payments company said its business activities were continuing to operate and speculation arose that rivals might snap up some of its operations.
Airbus’s plane output in the next two years is set to be 40% lower than that seen prior to the Covid-19 crisis, it was reported on Monday.
Tesco suffered a heavy defeat at its annual general meeting as more than two-thirds of shareholder votes opposed a £6. 4m payday for departing Chief Executive Dave Lewis.
Verizon joined companies such as Ben & Jerry’s and Patagonia in a boycott against Facebook and pulled its ads from the social media platform.
The Financial Conduct Authority blocked Wirecard from doing business in the UK or disposing of assets Brussels called for an inquiry into whether Germany's regulator failed in its supervision of the collapsed payments company.
Amazon acquired self-driving start-up Zoox in a $1. 2bn deal that marks the ecommerce group’s biggest investment into the autonomous vehicle sector.
German payments processor Wirecard said on Thursday that it was filing an application with the district court of Munich to open insolvency proceedings after announcing a €1. 9bn hole in its accounts last week.
Qantas is planning to cut 6,000 jobs and raise AUD 1. 9bn as part of its three-year recovery plan as it struggles to cope with the ongoing slowdown in air travel demand in the wake of the Covid-19 pandemic.
The Trump administration determined that top Chinese firms, including Huawei Technologies and Hikvision are owned or controlled by the Chinese military forces, reported Reuters on Thursday.
SoftBank raised $14. 8bn through the sale of shares in US-listed T-Mobile as it seeks to raise up to $20bn in cash by disposing of its stake in the wireless telecommunications carrier.