germany economy slips precipitously since 2015

Germany economy slips precipitously since 2015

Economy Mohit Shah - 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

Tesla records impressive profit with Musk calling the quarter to be ‘historic’

Company Mohit Shah - 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

Barclays profit soar with strengthened trading performance

Company Mohit Shah - 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

Europe stocks crash to their lowest mark in 20 months

Economy Mohit Shah - 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 system fault

Toyota recalls Prius and Auris cars due to massive systems fault

Automotive Mohit Shah - 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

Asia stocks stepdown at 17-month low due to trade war concerns

Economy Mohit Shah - 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

Facebook delivers Oculus update in an attempt to boost VR popularity

Technology Mohit Shah - 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 dollar 148 million to settle data breach cover up with us states

Uber agrees to settle $148 million to settle data breach cover-up with U.S. states

Company Mohit Shah - 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

No-deal Brexit causing heavy cost concerns for Honda

Company Mohit Shah - 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

Amazon investigates claims highlighting staff getting bribed

Company Mohit Shah - 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

Coca Cola agrees sponsorship deal with Premier League

Company Mohit Shah - 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

Apple launches iPhone XS together with fall-detecting smartwatch

Technology Mohit Shah - 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 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.

amazon joins apple in the dollar 1tn club

Amazon joins Apple in the $1tn club

Market Mohit Shah - 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 us crude regardless of tariff setback

Chinese oil importers reject U.S. crude regardless of tariff setback

Energy Mohit Shah - 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 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.

chinese firm huawei to boost its yearly randd budget to at least us15 bn

Chinese Firm Huawei to boost its yearly R&D budget to at least US$15 Bn

Company Mohit Shah - 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

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. 

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