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No-deal Brexit causing heavy cost concerns for Honda
Company - Sep 21, 2018
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.
Amazon investigates claims highlighting staff getting bribed
Company - Sep 19, 2018
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 agrees sponsorship deal with Premier League
Company - Sep 17, 2018
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.
Apple launches iPhone XS together with fall-detecting smartwatch
Technology - Sep 14, 2018
The U.S-based tech giant enters September with the launch of updated iPhone X handsets that are bigger & better models; namely iPhone XS, XS Max, and XR.
Volkswagen investors initiate €9bn diesel scandal court case
Company - 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.
Amazon joins Apple in the $1tn club
Market - Sep 14, 2018
Amazon’s market value fleetingly climbed over $1tn (£779bn), within a moment when Apple became the very first public organization around the world to achieve this milestone.
Chinese oil importers reject U.S. crude regardless of tariff setback
Energy - Aug 17, 2018
As per reports, since the start of August, not a single tanker of crude oil has been loaded from the United States assured for China.
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.
Chinese Firm Huawei to boost its yearly R&D budget to at least US$15 Bn
Company - Jul 27, 2018
China's Huawei Technologies Co. Ltd. finally decided to raise its annual research and development (R&D) spending between US$15 billion and US$20 billion, as the company battles to become a glo
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.
BMW Sets its Plan to Be Primary Foreign Automaker to Control China JV
Company - Jul 13, 2018
BMW AG stands to become the first foreign car manufacturer to own a majority in a Chinese joint venture. The Munich-based luxury-car maker plans to unveil the new ownership structure of its venture wi
Cryptocurrency start-up aches security crack leading to theft worth $13.5 million
Market - Jul 11, 2018
Bancor, an Israeli start-up, issued a statement to report that its cryptocurrency wallet had been breached; a theft worth $12.5 million in digital currency (ethereum) along with $1 million worth of a
Nissan declares falsified emissions tests in factories situated in Japan
Automotive - Jul 09, 2018
The Japanese carmaker Nissan Motor Co., involved in a vehicle-inspection scandal last year, admitted that an internal investigation found forged exhaust emission involving five local factories.
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”.
Smartphone Giants Apple and Samsung Resolve their Seven Long Years Fight
Company - Jun 29, 2018
Apple and Samsung Electronics have finally reached a decision in their US clear battle, ending a seven-year fight over smartphone designs that crossed the globe.
Britain's biggest pub chain runs short of certain beer brands due to CO2 shortage
Market - Jun 28, 2018
Britain's largest pub group reveals that some outlets are lacking the stock concerning several beer brands; this situation has risen due to CO2 gas shortages impacting the food & drink sectors