Industry News Analysis - Business, Financial and Economic News

European stocks dropped abruptly in morning trade after worries involving a trade war together with higher US bond yields motivating concern among global investors.

Japanese car giant Toyota has pronounced a recall of almost 2.4 million hybrid vehicles from all around the globe as a result of systems fault which could bring a significant downfall for the company.

Asian shares drop 17-month lows as recorded on Tuesday since China permitted its currency to slip amid severe losses in domestic share markets.

The social media giant, Facebook, announces Oculus Quest which permits members to virtually visit each other through customized avatars.

Uber Technologies Inc. approves to pay $148 million for its inability to disclose a huge data breach which occurred in 2016; this is one of the biggest embarrassments tagged with the ride-hailing firm

According to Ian Howells, senior vice president at Honda Europe, the company would be impacted with a cost of tens of millions of pounds due to no-deal Brexit.

The e-commerce giant, Amazon, is investigating claims that point out its employees have taken bribes under a give-and-take format to leak confidential company data.

Coca-Cola, the global drinks giant has approved its biggest UK sponsorship contract by linking itself with the Premier League as the seventh commercial partner.