TotalEnergies sells stake in Siberia gas field to Russian oil firm Novatek

TotalEnergies is selling its stake in a Siberian gas field, owned in a joint venture with Novatek, to the Russian oil and gas company, the French energy major said on Friday amid criticism over its business dealings in Russia. The French company, unlike a number of Western rivals, has so far held on to many… Read More TotalEnergies sells stake in Siberia gas field to Russian oil firm Novatek

Moderna files lawsuit against Pfizer/BioNTech for patent infringement over coronavirus vaccine

Moderna sued Pfizer and its German partner BioNTech on Friday for patent infringement in the development of the first COVID-19 vaccine approved in the United States, alleging they copied technology that Moderna developed years before the pandemic. Pfizer shares fell nearly 1%, while BioNTech U.S.-listed shares were down about 1.5% and Moderna shares slipped 1.7%… Read More Moderna files lawsuit against Pfizer/BioNTech for patent infringement over coronavirus vaccine

France, Algeria to set up joint historian committee on French colonial rule

French President Emmanuel Macron said on Thursday he wanted to build the future of Franco-Algerian relations by confronting a painful colonial past but also by focusing on future challenges. “We have a complex, painful common past. And it has at times prevented us from looking at the future,” Macron said after meeting with Algeria President… Read More France, Algeria to set up joint historian committee on French colonial rule

Australian police seize $1.1billion worth of crystal meth at Sydney port

Australian police said on Friday it had seized some A$1.6 billion (an equivalent of $1.1 billion) worth of crystal meth, also known as ‘ice’, concealed within marble stones in several sea freight containers, in what it said was the biggest ever haul of the drug in the country. More than 1,800 kg of methylamphetamine was… Read More Australian police seize $1.1billion worth of crystal meth at Sydney port

Suspended Thai PM Prayuth Chan-ocha to continue in role as defence minister

Suspended Thai leader Prayuth Chan-ocha said on social media he will continue in his role as defence minister, in his first direct address to the public since a court ordered him to cease his duties as prime minister while it reviews his term limit. “I will continue to do my duty and responsibility as defence… Read More Suspended Thai PM Prayuth Chan-ocha to continue in role as defence minister

Canadian software company OpenText to acquire British firm Micro Focus in $6billion deal

Shares of Micro Focus soared more than 90% on Friday after Canadian software company OpenText, agreed to buy the enterprise software maker in an all-cash deal valuing the British company at $6 billion including debt. In a push to expand its enterprise information management business, OpenText said on Thursday it would pay 532 pence (an… Read More Canadian software company OpenText to acquire British firm Micro Focus in $6billion deal

SpaceX, T-Mobile unveil plans to connect mobile phones to satellites for cell coverage boost

U.S wireless carrier T-Mobile US Inc will use Elon Musk-owned SpaceX’s Starlink satellites to provide mobile users with network access in parts of the United States, the companies announced on Thursday, outlining plans to connect users’ mobile phones directly to satellites in orbit. The new plans, which would exist alongside T-mobile’s existing cellular services, would… Read More SpaceX, T-Mobile unveil plans to connect mobile phones to satellites for cell coverage boost

At least four dead, several injured as airstrike hits Tigray region’s capital

An air strike killed at least four people, including two children, in the capital of Ethiopia’s northern Tigray region on Friday, the head of a hospital in the city said. Tigrai Television, controlled by the regional authorities, said the strike in Mekelle happened at around 0940 GMT and blamed it on the federal government. No… Read More At least four dead, several injured as airstrike hits Tigray region’s capital