airbus takes fresh dollar 16 billion charge linked to a400m military plane

Airbus takes fresh $1.6 billion charge linked to A400M military plane

Company Mohit Shah - 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

Barclays Bank charged by SFO concerning Qatar loans

Company Mohit Shah - 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

Uber Vs Google: Stealing of self-driving technology issue goes to court

Company Mohit Shah - 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

Alphabet Q4 Earnings Miss Expectations Due to Rising Costs

Company Mohit Shah - 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.

apple shares hike about 3 percent in late trading on iphone x buoyancy

Apple Shares Hike about 3% in Late Trading on iPhone X Buoyancy

Company Mohit Shah - 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

Coca-Cola picks out budget for package recycling by 2030

Company Mohit Shah - 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.

huaweis deal with us takes a quick fall

Huawei’s deal with U.S. takes a quick fall

Company Mohit Shah - 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

Samsung estimates record profits in fourth-quarter; however, figures fall short of anticipations

Company Mohit Shah - 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 percent stake in company

Uber Former CEO Plans to sell 29% Stake in Company

Company Mohit Shah - 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 chinas ant financial

US restricts sale of Moneygram to China’s Ant Financial

Company Mohit Shah - 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 542 bn

China Aircraft Confirms to Buy 50 Airbus Jets Valued $5.42 Bn

Company Mohit Shah - 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.

aston martin plans to recall more than 5500 vehicles in the united states

Aston Martin plans to recall more than 5,500 vehicles in the United States

Company Mohit Shah - Dec 26, 2017

British sportscar manufacturer, Aston Martin, is set to recall over 5,500 vehicles in the U.S. as a result of faults detected with powertrains and battery cables.

boeing bombardier trade dispute comes into spotlight

Boeing-Bombardier trade dispute comes into spotlight

Company Mohit Shah - Dec 19, 2017

On Monday, U.S. planemaker Boeing claimed that Bombardier Inc. has profited billions of dollars through illegal government subsidies.

alibaba group plans to invest 200 million in bigbasket online grocery

Alibaba Group Plans to Invest $200 Million in BigBasket Online Grocery

Company Mohit Shah - Dec 11, 2017

Alibaba Group Holding Ltd., China’s e-commerce giant, is set to invest about $200 million in India’s largest online superstore, Bigbasket, leading a $280 million funding round in the start

wells fargo sees drop in credit card sales in february

Wells Fargo sees drop in Credit card sales in February

Company Nikhil S - Mar 21, 2017

February witnessed a reduction in credit card applications and checking accounts with Wells Fargo & Co (WFC.N), the bank informed on Monday, highlighting the sixth straight month of reduction.

alibaba acquires chinese online ticketing platform damai

Alibaba acquires Chinese online ticketing platform Damai.cn

Company Vinay Mishra - Mar 21, 2017

Marking a further push into entertainment, Alibaba is set to fully own Damai.cn, which has millions of registered users and has sold tickets for more than 1.8 million events worldwide.

bp in talks with ineos for the sale of forties pipeline

BP in talks with Ineos for the sale of Forties pipeline

Company Mohit Shah - Mar 21, 2017

BP is in active talks with Ineos for vending the North Sea’s largest oil pipeline, which is utilized for the transportation of crude that prices the international Brent benchmark.

vodafone india announces merger with idea to become the biggest telecom entity in india

Vodafone India announces merger with Idea to become the biggest telecom entity in India

Company Vinay Mishra - Mar 20, 2017

Post the amalgamation, Vodafone will hold 45 percent and Idea will command over 26 percent in the combined entity, which will have 400 million subscribers.

uber president resigns amid turmoil plans to quit office in 6 months

Uber President resigns amid turmoil; plans to quit office in 6 months

Company Vinay Mishra - Mar 20, 2017

Among a series of high-profile resignations and controversies in the firm, Uber president Jeff Jones steps down after just six months on the company post.

indian startup paytm goes global with services launching in canada

Indian startup Paytm goes global with services launching in Canada

Company Vinay Mishra - Mar 17, 2017

Alibaba-backed Paytm, an online digital wallet maker with a current user base of over 200 million has launched mobile payment services in Canada.

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