German pharma company CureVac lost more than half its market value after its coronavirus vaccine showed only 47% efficacy. The company's development was previously backed by Elon Musk. The German pharmaceutical company CureVac has lost more than half of its market value after its coronavirus...

The Swedish furniture retailer Ikea was found guilty of improperly using employee data by a French court which consequently ordered the company to pay a €1 million ($1.2 million).   This judgment was announced by a court in Versailles in France.   The case was filed against the French...

Apple and Google are being investigated by the Competition and Markets Authority (CMA) of the United Kingdom over allegations of the companies misusing their dominant position in the mobile phone market.   Reports said that the competition watchdog is "taking a closer look" at the "effective...

Apple has been working on a subscription-based primary health care system since 2016, The Wall Street Journal reports, citing documents and sources. According to people familiar with the plan, Apple wants to not just handle the health data its devices collect, but also engage doctors working in the...

A gesture by the global soccer superstar and captain of the Portugal national football team Cristiano Ronaldo, at a pre-match press conference at the Euro 2020 on Monday resulted in a loss of $4 billion for the market value of the beverages giant Coca Cola.   Sitting beside Portugal manager...

A court in France has ordered IKEA to pay a $1.2m fine for spying on its employees. The world's largest furniture retailer has been found guilty of improperly collecting and storing data on its employees. A French court has ordered IKEA to pay a €1 million ($1.2 million) fine for spying on its...

Mackenzie Scott, the ex-wife of the world's richest man in the world Jeff Bezos, has announced her decision to donate nearly $2.74 billion to 286 organisations. As Scott wrote, she and her new husband Dan Jewett, along with a team of researchers and consultants, selected 286 nonprofits engaged in...

The British-Dutch company Royal Dutch Shell is considering selling its assets in the Permian Basin, the largest oil-bearing basin in the US, located in the states of Texas and New Mexico. This was reported by Reuters, citing sources familiar with the situation. It is about company-owned fields with...

The Japanese payments app PayPay, which is owned by deep-pocketed SoftBank, is taking large steps in further extending its footstep in the Japanese market with the company deploying a shoe-leather sales force of thousands for targeting restaurants, drugstores and supermarkets. With more than 3...