Soujanya Ravi

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By Soujanya Ravi On Sunday, March 29th, 2020
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Lab established in Liverpool to study how novel coronavirus affects people

The UK’s Medical Research Council has granted £5 million collectively to the University of Liverpool, the Imperial College London, and the University of Edinburgh to handle the coronavirus outbreak from the government’s More...

By Soujanya Ravi On Saturday, March 28th, 2020
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Greek soap manufacturer Papoutsanis secures EBRD funding

Papoutsanis, a Greek soap and liquid cosmetics manufacturer, has been granted €5 million of financing from the European Bank for Reconstruction and Development (EBRD) to support its investment program. Since 1870, More...

By Soujanya Ravi On Saturday, March 28th, 2020
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behold.ai red dot algorithm identifies chest x-rays of coronavirus patients as abnormal

behold.ai claimed that its artificial intelligence-based red dot algorithm has been shown to have quickly identified chest X-rays from COVID-19 patients as ‘abnormal’. The UK-based healthtech company expects More...

By Soujanya Ravi On Thursday, March 26th, 2020
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RECOVERY coronavirus trial : First patients enrolled in COVID-19 clinical trial by University of Oxford

RECOVERY coronavirus trial : University of Oxford researchers in the UK have initiated a coronavirus clinical trial called the Randomised Evaluation of COVid-19 thERapY (RECOVERY) trial. The RECOVERY clinical trial, More...

By Soujanya Ravi On Monday, March 16th, 2020
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Olam to sell out stake in Far East Agri sugar joint venture to Mitr Phol

Olam International will sell out it 50% stake in Indonesian sugar producer Far East Agri to its joint venture partner Mitr Phol Sugar for up to $85 million. The Singaporean food and agri-business company said that More...

By Soujanya Ravi On Monday, March 16th, 2020
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Peyton Creek Wind Farm : RWE commissions 151MW wind farm in Texas

RWE, a German electric utility company, has begun commercial operations on the 151MW Peyton Creek Wind Farm in Matagorda County, Texas. The commissioning of the Texan wind farm located in the ERCOT south market More...

By Soujanya Ravi On Monday, March 16th, 2020
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Paper Source acquires 30 stores of bankrupt gift retailer Papyrus

Paper Source, a Chicago-based stationery and gift retailer has acquired 30 closed stores of the bankrupt lifestyle brand and gift retailer Papyrus in the US for an undisclosed price. In January 2020, Schurman Fine More...

By Soujanya Ravi On Sunday, March 15th, 2020
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Tulip to close Tipton pork processing plant, leaving over 600 jobs at risk

UK pork processor Tulip Limited is planning to close its pork processing plant in Tipton in the West Midlands, leading to the loss of more than 640 jobs. The pork processing company made this decision due to a loss More...

By Soujanya Ravi On Sunday, March 15th, 2020
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MMG Equity Partners invests $5m in POWERFUL Foods

MMG Equity Partners (MMG) has invested $5 million in POWERFUL Foods, a US-based producer of natural and high protein foods and beverages to help in its expansion. The investment has been made by MMG Equity Partners, More...

By Soujanya Ravi On Sunday, March 15th, 2020
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AAK to acquire 75% stake in Russian partner Margaron

Swedish vegetable oils and fats producer AAK has acquired a 75% stake in Russia-based NPO Margaron, which produces margarines, spreads, and bakery and confectionery fats. The financial details of the deal were not More...