Oil slides as Libya production resumes and fears grow over COVID-19 hit to demand

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Oil slides as Libya production resumes and fears grow over COVID-19 hit to demand

Oil prices slid on Monday, as production looked set to resume in Libya and gloom spread over the outlook for global demand as the pandemic continues to rage. Traders fretted over the potential hit to prices from higher output in Libya, as its National Oil …
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Airbus Unveils Hydrogen Powered Designs for Zero-Emission Flight

European planemaker Airbus SE unveiled three designs it’s studying to build hydrogen-powered aircraft as it races to bring a zero-emission passenger plane into service by 2035. The approaches include a turbofan jet with capacity for as many as 200 …
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Biotech firm Inflazome bought by Swiss giant Roche for €380m

Biotech firm Inflazome bought by Swiss giant Roche for €380m. Updated / Monday, 21 Sep 2020 09:11. Dr Manus Rogan, Chairman & co-founding investor of Inflazome, Dr Matt Cooper, co-founder & CEO, Professor Luke O’Neill, co-founder & Chief Scientific …
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Northrop Grumman wins $298 million contract to develop secure, jam-resistant ESS military SATCOM spacecraft

WASHINGTON – Northrop Grumman Corp. received a $298 million contract to develop an anti-jam military satellite to supplement and eventually replace the existing Advanced Extremely High Frequency (AEHF) satellites made by Lockheed Martin.
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HCL Technologies to acquire Australian IT Solutions Company DWS Limited

Indian multinational IT services and consulting company HCL Technologies has announced plans to acquire Sydney-headquartered IT solutions company DWS Limited. HCL is acquiring 100 per cent of the equity of the ASX-listed DWS Limited in an all cash …
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