Italian carmaker Ferrari turns to tech industry for electric era leader

Italian carmaker Ferrari turns to tech industry for electric era leader

Date: 2021-06-11 By Akshay Kedari

Ferrari has hired 52-year old tech executive Benedetto Vigna as its next CEO. The company intends to launch its first fully electric supercar in 2025. In a bid to adapt to the new electric era, Italian luxury sport....

Merck enters supply agreement with U.S. government for molnupiravir

The COVID-19 antiviral course will be supplied only after FDA provides a EUA. Molnupiravir is currently in its phase 3 clinical trial. Merck & Co. Inc. has reportedly entered a supply agreement with the U.S. government for molnupir....

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....

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Akshay Kedari