Pfizer, a major pharmaceutical company, recently witnessed a substantial fall in its third-quarter sales. The primary reason was a drop in COVID-19 vaccine sales, as well as other related products, resulting in a massive loss of $2.4 billion. Compared to previous years, when the company enjoyed a large profit of $8.6 billion, this fall is substantial. Even though the company foresaw these obstacles and amended their plans, sales toppled by a staggering 42%; yet, Pfizer isn't losing hope. They are looking towards their long-term projects, and count on their resources to pull through in sustainable ways.
globalEDGE Blog - By Author: Daniel Rotondo
Publish Date:
Argentina’s lithium mining industry is rapidly expanding, signaling a robust growth phase. Projections indicate that by 2030, Argentina could outpace or at least compete head-to-head with its neighboring counterpart, Chile, to become the foremost lithium producer in the Latin American region.
Publish Date:
Originally known as the Renault-Nissan Alliance, the Renault-Nissan-Mitsubishi Alliance is a French-Japanese strategic alliance involving the automakers Renault, Nissan, and Mitsubishi Motors, which collectively account for more than 1 in 9 automobiles sold globally. Since 1999, Nissan and Renault have worked together strategically. Together, they employ nearly 450,000 people and manage eight leading brands: Nissan, Mitsubishi, Infiniti, Renault Korea, Dacia, Alpine, and Venucia.