Airbus records 38% rise in deliveries; Lufthansa readjusts A350 orders

Shares of Airbus rose by 0.5% during Tuesday trading. Lufthansa’s reshuffling orders were a part of its fleet restructuring efforts. European multinational aerospace giant Airbus has reportedly managed to supply 50 airplanes in M....

Google’s Gradient Ventures leads Vault’s USD 8.2 Mn Series A funding

London-based Vault Platform has reportedly secured USD 8.2 million in a Series A funding round led by Google’s artificial intelligence-focused Gradient Ventures. The funding round also saw participation from Illuminate Financial as we....

Reliance Foundation looking to import Johnson & Johnson’s COVID-19 jab

India’s largest non-profit organization is currently seeking government approval. Reliance Foundation will not use the imported vaccines for commercial purposes. Reliance Foundation, a Mumbai-based non-profit organization owned....

CDK Global buys e-comm ‘car buying’ platform Roadster for USD 360 Mn

U.S.-based integrated data and technology solutions provider CDK Global has reportedly acquired Roadster Inc., a digital sales platform that modernizes the way dealers and customers trade vehicles, for USD 360 million.  With the addit....

Microsoft looking to unite APAC governments with cybersecurity council

Microsoft Corporation has launched the first-ever public sector cybersecurity executive council in the Asia Pacific. The move will allow the American tech giant to work with the regional authorities to develop a powerful communications netw....

Mercedes-Benz to use carbon-neutral steel in vehicles starting 2025

Mercedes-Benz has recently announced to use CO2-free steel from 2025 for its vehicle production. This move by the German luxury carmaker is in line to achieve carbon neutrality by 2039, under its Ambition 2039 project. The company further a....

TVS Motor strengthens its presence in Iraq by launching 2 new vehicles

Indian motorcycle manufacturer TVS Motor Company Limited is reportedly launching two new vehicles in Iraq and opening a new showroom in Baghdad. The move will allow the multinational motorcycle company to reinforce its presence in the count....

Japan to administer Pfizer’s COVID-19 vaccine to 12 & above age group

The country claims to have vaccinated 4% of its population. Japan is considering asking for a negative COVID-19 test from fans attending the Tokyo Olympics. Reportedly, the Japan Health Ministry panel has approved the use of Pfizer Inc....

Tesla Inc. loses U.S. checkmark for some advanced safety features

The U.S. National Highway Traffic Safety Administration (NHTSA) recently announced that two models from Tesla’s vehicle lineup won’t be labeled as having some of the advanced safety features as the company is transitioning to a ....

Noom secures USD 540 million in Silver Lake-led Series F funding round

Digital health & weight loss platform Noom has reportedly secured USD 540 million in a Series F funding round which was led by global private equity firm Silver Lake Partners. The latest funding round also saw the participation from ot....

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