Innovate UK funds Glasgow University and eCom Scotland joint project
The digital learning and assessment specialist, eCom Scotland is collaborating with the University of Glasgow in a six-month project, funded by Innovate UK.
WTO seeks to land big prize after 20 years of fish talks
Negotiators are hoping the World Trade Organization will on Thursday not only deal a major blow to overfishing after 20 years of trying, but in doing so also dispel doubts about its own usefulness.
S&P 500 and Nasdaq end lower after hitting record highs
The S&P 500 and Nasdaq ended lower on Tuesday after hitting record highs earlier in the session, with investors digesting a jump in consumer prices in June and earnings from JPMorgan and Goldman Sachs that kicked off the quarterly reporting season.
White House still sees inflation abating, can’t say exactly when
The White House expects supply chain pressures that are fueling higher inflation to abate in the “not-too-distant future,” but cannot say exactly when, a senior official said on Tuesday after June consumer prices showed the biggest gain in 13 years.
U.S. ramps up warnings of business risks in China’s Xinjiang region
The U.S. government on Tuesday strengthened its warnings to businesses about the growing risks of having supply chain and investment links to China’s Xinjiang region, citing forced labor and human rights abuses there.
ARK Invest’s Cathie Wood looks past rising consumer prices to focus on deflation
Deflation will likely become a larger force in financial markets in the year ahead despite the recent spike in consumer prices to 13-year highs, star stockpicker Cathie Wood of Ark Invest said in a webinar on Tuesday.
EXCLUSIVE Universal Hydrogen in zero-carbon plane deals with Icelandair, others
Universal Hydrogen, a U.S. firm that aims to do for clean fuel what Nespresso did for coffee, is poised to announce preliminary hydrogen deals with airlines including Icelandair (ICEAIR.IC) as it looks at a possible listing as early as next year.
U.S. pharmacies strike first deals with counties over opioids
Pharmacy operators Walgreens Boots Alliance Inc(WBA.O), CVS Health Corp(CVS.N), Rite Aid Corp(RAD.N) and Walmart Inc(WMT.N) have agreed to pay a combined $26 million to settle claims by two New York counties that they fueled an opioid addiction epidemic.
Boeing cuts 787 production, suffers 737 MAX cancellation
Boeing Co (BA.N) said on Tuesday it will cut 787 production after finding another production-related structural defect, and a major customer partially canceled a 737 MAX order, in a double hit to the U.S. planemaker’s COVID-19 pandemic recovery.
Analysis: Delta-spurred curbs cloud European recovery outlook
Rising coronavirus infection rates, driven by the fast-spreading Delta variant, are forcing more countries around Europe to re-impose restrictions that could cast a pall over the region’s economic recovery prospects.
