PharmaChem Technologies (PCT), the well-known Bahamian pharmaceutical company specializing in manufacturing components such as HIV antiretrovirals, announced the cessation of operations this week, after two decades of presence in the market. This unexpected closure will affect 140 workers, who will…
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compensation
Google will compensate Canadian media with $100 million
The Canadian government announced that Google will pay 100 million Canadian dollars (equivalent to 74 million US dollars) annually as part of an agreement to compensate media outlets for sharing news on their platforms.
Canadian Heritage…
Thomas Cook bankruptcy hits tourism industry
This Monday the British tour operator Thomas Cook declared bankruptcy. As a consequence, an average of 600,000 people have been stranded worldwide due to suspension of flights from the group's airline.
One of the most affected countries…
Volkswagen to pay a compensation in Australia
The German automaker Volkswagen announced a principle of agreement to resolve the legal dispute in Australia with customers affected by the scandal of gas emissions in their diesel vehicles.
According to the company, each of the 100,000…
Citigroup develops tool for the purchase of cryptocurrencies
In order to reduce the risks to which investors are exposed in cryptocurrencies, the US Citigroup consortium has developed the tool called Digital Asset Receipt.
Although the date of the launch is not yet known, it is clear that once…