Sebastian Kiesl
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- 6 years 6 months
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German government has raised the growth outlook for 2017 to two percent from earlier estimate of 1.5 percent. The growth outlook for 2018 has been raised to1.9 percent from earlier estimate of 1.6 percent.
The International Monetary Fund (IMF) has raised growth outlook for global economy considering stronger growth and signs of recovery in many key markets. However, the IMF forecast has raised doubts over growth in India and the United Kingdom.
Eli Lilly and Co has reported failure of its experimental lung cancer drug for late-stage trial. During the current trial, Lilly was testing Verzenio in patients with advanced non-small cell lung cancer with mutation of the KRAS gene.
Uber has announced few cars from Tesla in its new fleet for Dubai starting October 10. Uber has planned the project in cooperation with the Roads and Transport Authority (RTA) in Dubai.
Tesla Motors has informed about bottlenecks the company is facing with production of Model 3. The company delivered less than its forecast of 1,500 vehicles during September. Tesla announced that the company is behind schedule on Model 3.
Popular streaming service Netflix has announced increase in subscription charges for existing and new customers.
