Deira Trading Company

Harvey Weinstein indicted on new charges by New York grand jury

Former film producer Harvey Weinstein appears at a hearing in Manhattan Criminal Court on May 1, 2024 in New York City. This is his first public appearance since the New York State Court of Appeals overturned his 2020 rape conviction on April 25.  David Dee Delgado-Pool | Getty Images Harvey Weinstein, the disgraced Hollywood mogul […]

Gilead Lenacapavir cut HIV infections by 96% in trial

A pharmacist holds a vial of lenacapavir, the new HIV prevention injectable drug. Nardus Engelbrecht | AP Gilead‘s twice-yearly shot reduced HIV infections by 96% in a second large study, the company said Thursday. The positive phase-three trial data on lenacapavir sets the stage for likely approval by the U.S. Food and Drug Administration for […]

$1 billion in cost cuts, 10 product launches planned

Moderna headquarters, exterior view, Cambridge, Massachusetts, USA.  Plexi Images | GHI | UCG | Universal Images Group | Getty Images Moderna on Thursday said it plans to cut around $1.1 billion in expenses by 2027 and win approvals for several new products as it charts a path forward after the rapid decline of its Covid business.  […]

Airbus Ventures launches $155 million fund focused on deep tech, space

Thomas d’Halluin, managing partner of Airbus Ventures, at Hangar One of NASA Ames Research Center’s Moffett Field in California. Airbus Ventures Airbus Ventures, one of the most prolific investors in space startups, has raised a $155 million fund that it plans to deploy across the burgeoning space sector, as well as the broader “deep tech” […]

Dealers, UAW condemn Stellantis CEO over cuts, sales declines

Carlos Tavares, CEO of Stellantis, poses during a presentation at the New York International Auto Show in Manhattan, New York, on April 5, 2023. David Dee Delgado | Reuters DETROIT – Stellantis‘ U.S. dealer network has joined the United Auto Workers union in criticizing CEO Carlos Tavares for the company’s recent sales declines, factory production […]

McDonald’s to extend $5 value meal offer into December

McDonald’s will extend its $5 value meal into December in most U.S. markets as it looks to win back lower-income consumers. Franchisees have been voting on extending the value meal, and roughly 80% of local markets have opted to extend the deal into December. Votes on extensions are ongoing, so additional locations may be added in […]

Source: CurrencyRate