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Rolls-Royce profits knockout by engine failure
Company - Aug 03, 2018
Rolls-Royce has been struck by a charge worth £554m to compensate costs linked to engine faults for its Trent 1000.
Google returns in China with censored search engine
Company - Aug 02, 2018
As per reports, Google is planning to develop a new version of its search engine that would abide by the censorship laws in China.
Facebook's shares fall as growth chart doesn’t satisfy investors
Company - Jul 27, 2018
On Wednesday, social media giant Facebook has experienced a significant drop in shares ranging to 20% since user growth couldn’t meet investor expectations.
Sky expected to gain profits as the ownership tussle extends
Company - Jul 26, 2018
The pan-European satellite, Sky, is at the centre of an ownership battle and has managed to attract new subscribers leading to enhanced profits.
Google penalized a whopping $6.8 billion by EU concerning Android mobile system
Company - Jul 19, 2018
The regulators at European Commission have charged Google with a record antitrust fine worth $6.8 billion for using its Android mobile operating system to crush out competitors.
Boeing Proposed an Amazing Aircraft deal with Brazil's Embraer
Company - Jul 06, 2018
Boeing Co. bump into a deal for a controlling stake in the commercial aircraft arm of Brazilian planemaker Embraer SA under a new $4.75 billion joint venture, the firms confirmed on Thursday.
HTC executes almost 1,500 job cuts from its global workforce
Company - Jul 05, 2018
Taiwanese smartphone-maker, HTC, cuts 1,500 jobs in a move called as “realignment of resources”.
A Privacy Setting Bug in Facebook Application affects 14 million users
Company - Jun 08, 2018
On Thursday, the world’s Largest Social Media Company Facebook has revealed that it had again failed to keep the information private of millions of user’s.
Warren Buffett Investment Plan of $3 Billion in Uber Technologies Inc. Failed
Company - May 31, 2018
Non-Tech Investor Warren Buffett has been in talks these days because he had planned to invest $3 billion in Uber Technologies Inc. earlier this year, but the talks failed following disagreements over
Airbus takes fresh $1.6 billion charge linked to A400M military plane
Company - Feb 15, 2018
The European airplane designer, Airbus, has been hit by a €1.3bn (£1.2bn) charge associated to its troubled A400M military transport plane.
Barclays Bank charged by SFO concerning Qatar loans
Company - Feb 13, 2018
The Serious Fraud Office (SFO) has accused Barclays Bank for a $3bn Qatar loan sanctioned in 2008; “unlawful financial assistance” is the issue Barclays has been charged with.
Uber Vs Google: Stealing of self-driving technology issue goes to court
Company - Feb 07, 2018
Google's driverless car firm, Waymo, has blamed Uber of copying its self-driving car technology; it has been more than a year and now the trail has been actively opened on Feb 5.
Alphabet Q4 Earnings Miss Expectations Due to Rising Costs
Company - Feb 02, 2018
Google's parent organization, Alphabet, reported its Q4 earnings which revealed lower figures after higher costs counterbalanced a big jump in advertising sales.
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Apple Shares Hike about 3% in Late Trading on iPhone X Buoyancy
Company - Feb 02, 2018
Recently, Chief executive Tim Cook said demand for the product, which starts at about $1,000 had outshined expectations. After an initial fall, Apple shares climbed more than 3% in after-hours trade.
Coca-Cola picks out budget for package recycling by 2030
Company - Jan 23, 2018
In its recent attempt for implementing global recycling scheme, Coca-Cola has framed plans to invest a share of its marketing budget for package recycling.
Huawei’s deal with U.S. takes a quick fall
Company - Jan 10, 2018
China’s telecommunication major, Huawei, revealed that the firm’s desire to sell smartphones in the U.S. has collapsed due to security concerns.
Samsung estimates record profits in fourth-quarter; however, figures fall short of anticipations
Company - Jan 09, 2018
On Tuesday, Samsung Electronics said it was anticipating record operating profit close to 15.1 trillion Korean won ($14.1 billion) considering the December quarter.
Uber Former CEO Plans to sell 29% Stake in Company
Company - Jan 05, 2018
Travis Kalanick plans to sell the stake of about $1.4 billion in the tender offer for Uber shares by a SoftBank-led consortium, the people involved in the matter said on Thursday.
US restricts sale of Moneygram to China’s Ant Financial
Company - Jan 04, 2018
The United States has choked the deal for money transfer firm Moneygram worth $1.2bn (£880m) to China's Ant Financial, Alibaba’s digital payments wing.
China Aircraft Confirms to Buy 50 Airbus Jets Valued $5.42 Bn
Company - Dec 29, 2017
China Aircraft Leasing Group Holdings Ltd. agreed to buy 50 Airbus SE single-aisle airliners that have a combined list price of $5.42 billion.