volkswagen investors initiate euro 9bn diesel scandal court case

Volkswagen investors initiate €9bn diesel scandal court case

Company Mohit Shah - Sep 14, 2018

Volkswagen undergoes a court trial in Germany over a vast diesel scandal that has brought the investors to hunt the carmaker for about €9.2bn (£8.2bn) in damages.

rolls royce profits knockout by engine failures

Rolls-Royce profits knockout by engine failure

Company Mohit Shah - 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

Google returns in China with censored search engine

Company Mohit Shah - 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 shares fall as growth chart doesnt satisfy investors

Facebook's shares fall as growth chart doesn’t satisfy investors

Company Mohit Shah - 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

Sky expected to gain profits as the ownership tussle extends

Company Mohit Shah - 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 dollar 68 billion by eu concerning android mobile system

Google penalized a whopping $6.8 billion by EU concerning Android mobile system

Company Mohit Shah - 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 brazils embraer

Boeing Proposed an Amazing Aircraft deal with Brazil's Embraer

Company Mohit Shah - 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 1500 job cuts from its global workforce

HTC executes almost 1,500 job cuts from its global workforce

Company Mohit Shah - 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 affects 14 million users

A Privacy Setting Bug in Facebook Application affects 14 million users

Company Mohit Shah - 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

Warren Buffett Investment Plan of $3 Billion in Uber Technologies Inc. Failed

Company Mohit Shah - 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 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.

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