Oilfield service company, McDermott International has recently confirmed plans to file for Chapter 11 bankruptcy. Sources close to the matter cite that McDermott would file a prepackaged restructuring plan at the United States Bankruptcy Court in Houston. The restructuring plan, which has the bac... Read More

Broco Tactical is reportedly introducing the latest line of forced entry and rescue & repair products in Las Vegas, Nevada, for military, law enforcement, and first responders at 2020 SHOT Show, from 21st-24th January. The California-based company is a part of the Broco Rankin family of companie... Read More

U Mobile Sdn Bhd, a telecommunication service provider based in Malaysia, has plans to invest a large sum of money/ringgits in 5G network development for next generation connectivity. The company has already spent RM300 million for future rollouts, which is anticipated to complete in the Q3 of 2020,... Read More

Datadog, the global monitoring and cloud-scale analytics platform for developers, IT teams, and business users, recently announced the launch of a new partner program, expanding its support for channel partners in Australia & New Zealand. The Datadog Partner Network will offer a structured platf... Read More

Banco Sabadell, a Spain-based banking group, has inked a ten-year agreement with IBM to advance its hybrid cloud strategy. Sources cite that this deal is intended to streamline Sabadell’s dispersed technological infrastructure to move and manage data, services, and workflows across multip... Read More

NI, a Texas based provider of software defined platform that helps accelerate productivity, innovation and discovery, has reportedly announced that Braemac would now be the authorized distributor of NI products in Australia and New Zealand. Braemac, an authorized distributor of NI, would now wide... Read More

Zymeworks Inc., a Vancouver based clinical stage biopharmaceutical company that develops multifunctional therapeutics, has reportedly announced the commencement of Phase 2 trial that assesses ZW25 combination therapy. The company also announced that it has reached consensus on an agreement with Pfiz... Read More

Recently, Shekel Brainweigh Ltd., a leading company that provides advanced weighing systems, and Hitachi, launched the first autonomous micro-market solution, ‘Capsule’ at NRF 2020 Vision. The solution incorporates Shekel’s Product Aware Shelves and Hitachi’s LiDAR sensors. T... Read More

Hikma Pharmaceuticals, a renowned UK based biopharmaceutical company, and Arecor, a biopharmaceutical firm advancing today’s treatments to enable healthier lives, have reportedly signed a new strategic agreement to develop a novel injectable medicine in the U.S. from Hikma’s subsidiary, ... Read More

A free, ad-supported digital network, commonly known as CW Seed, has announced the procurement of non-exclusive streaming rights of 14 BBC Studios series. Rick Haskins, CW’s EVP of Marketing and Digital Platforms made this announcement recently. BBC Studios is a global content company that ... Read More