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Germany economy slips precipitously since 2015
Economy - Nov 15, 2018
Germany's economy crashed hard in the third quarter, with prominent distress from car makers and strong tussles associated to trade rules weakening exports.
Tesla records impressive profit with Musk calling the quarter to be ‘historic’
Company - Oct 25, 2018
The popular electric car-maker has registered a record $311.5m (£241m) during the third quarter till 30 September; CEO Elon Musk stays optimistic about the fourth quarter.
Barclays profit soar with strengthened trading performance
Company - Oct 25, 2018
Profits at Barclays rush higher in the third quarter due to positive investment banking and retail divisions; Jes Staley seems optimistic about the future.
Europe stocks crash to their lowest mark in 20 months
Economy - Oct 11, 2018
European stocks dropped abruptly in morning trade after worries involving a trade war together with higher US bond yields motivating concern among global investors.
Toyota recalls Prius and Auris cars due to massive systems fault
Automotive - Oct 09, 2018
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.
Asia stocks stepdown at 17-month low due to trade war concerns
Economy - Oct 09, 2018
Asian shares drop 17-month lows as recorded on Tuesday since China permitted its currency to slip amid severe losses in domestic share markets.
Facebook delivers Oculus update in an attempt to boost VR popularity
Technology - Sep 28, 2018
The social media giant, Facebook, announces Oculus Quest which permits members to virtually visit each other through customized avatars.
Uber agrees to settle $148 million to settle data breach cover-up with U.S. states
Company - Sep 27, 2018
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
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.