US officials have granted licenses to the blacklisted Chinese high-tech conglomerate. The approvals open the gates for deals worth hundred of millions of dollars linked to the purchase of semiconductor chips, Reuters reported. Huawei is the world's biggest telecommunications equipment maker.

Budget carrier Ryanair announced strong profit estimates for August and earmarked it was expecting further positive results on the back of solid bookings. The company seems to be only lightly affected so far by the spread of the Covid-19 Delta variant, Reuters reported.

A $26bn settlement between pharmaceutical company Johnson and Johnson and US is falling apart as some states withdrew and refused to sign. The settlement was due to end a row with three drug distributors and J&J, which have been accused of spurring the nation's opioid epidemic, Reuters reported.

The technological conglomerate Samsung announced it would invest some 206 billion dollars by 2023 to boost the its post-pandemic recovery. The company confirmed it would expand its influence in areas like biopharmaceuticals, artificial intelligence, semiconductors and robotics, Reuters reported.

The Swedish carmaker Volvo announced it had decided to stop temporarily production activities in its main plant located in Torslanda, on the outskirts of Gothenburg. The reason for stopping production is linked to the acute global shortage of semiconductor chips which are essential for the automotive industry, Reuters reported.

Pharmaceutical companies Pfizer and Trillium announced they had agreed over a 2.26 billion deal. The definitive agreement envisages that Pfizer will acquire all Trillium outstanding shares, Reuters elaborated. The Canadian company Trillium is developing medicines that boost patients' innate immune system to detect and destroy cancer cells. Its two lead candidates, which focus on types of blood cancer, are currently in early-stage studies.

NetTV Plus (https://nettvplus.bg/), a leading over-the-top (OTT) media service operating on the Balkan Peninsula, is now available for Bulgarian consumers living abroad, giving them access to the most attractive television channels. Subscribers can watch over 50 channels, including Nova TV, Diema, Diema Sport, BNT 1, BNT2, BNT 3, BNT4, 7/8 TV and many others.

The leading US carmaker General Motors announced it had launched a massive campaign to recall all its Chevrolet Bolt electric vehicles. The cost of the overall campaign is expected to surge as high as 1.8 billion dollars, AP reported. The recall is over safety concerns linked to the battery. Some conclusions and further analysis confirmed that the function of the battery may provoke a fire.

The technological conglomerate Apple announced it planned to delay recalling its staff to offices until at least 2022 over safety concerns linked to rising number of Covid-19 infections in major industrial countries. Employees of the company were informed about the decision of the senior management via a memo that was send to corporate mails, BBC elaborated.

Cryptocurrency exchange Binance said on Friday it would demand stricter background checks on customers to bolster efforts against money laundering, with immediate effect, a move that comes after weeks of pressure by regulators globally, Reuters reports.