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FM Nirmala Sitharaman calls on companies to drive India-Lanka economic integration

CFO News

FM suggested that Sri Lanka explore the feasibility of widening its economic basket from just tourism and tea to focus on sectors like pharmaceuticals and renewable energy, according to a post by the Indian finance ministry on X (formerly Twitter).

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Netflix, Alphabet, Nordstrom, PagerDuty, more

CFO News Room

after CEO Sundar Pichai announced the company will lay off 12,000 employees and explained in a memo that the company “hired for a different economic reality than the one we face today.” ” Eli Lilly — Shares of the pharmaceutical company slumped more than 1% in premarket after the U.S.

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IBM Targets Pharmaceuticals With Blockchain Supply Chain Tech

PYMNTS

As IBM continues its exploration of how blockchain could disrupt supply chain management, the technology firm has partnered with Hejia to introduce a solution targeting the pharmaceutical space. The solution is already working with one pharmaceutical retailer, a hospital and a bank to facilitate transactions between these parties.

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Microsoft, Moderna, Mobileye, Chegg and more

CFO News Room

a day after the pharmaceutical company said its respiratory syncytial virus vaccine is effective in preventing the disease in older adults. Microsoft — Shares of the technology giant moved 1% lower after it announced plans to cut 10,000 jobs through March 31 in an attempt to trim costs as economic uncertainties linger and growth slows.

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Netflix, Coinbase, Alphabet, SVB Financial & more

CFO News Room

after CEO Sundar Pichai announced the company will lay off 12,000 employees noting in a memo that the company “hired for a different economic reality than the one we face today.” ” Eli Lilly — Shares of the pharmaceutical company fell more than 2% after the U.S. .”

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Kit Check Rolls Out New Tech To Optimize Hospital Supply Chains

PYMNTS

Pharmaceutical industry software company Kit Check has rolled out Bluesight Insights, which harnesses technology for supply chain management. The product is constantly revised with wholesalers' data on important buying points such as presentation choices, medication pricing and more economical options, according to the company.

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TNFD Releases Final Recommendations on Nature-Related Risk Management

Future CFO

British pharmaceutical industry company GSK is among the companies to express their intention to adopt the said recommendations. The Taskforce is expecting more companies to follow suit, with some institutions invited to the inaugural cohort of TNFD Adopters to be announced at the World Economic Forum at Davos.