Companies | Ideals

Bill To Outlaw Trade In Dog Meat Passed By The Parliament Of South Korea

South Korea's parliament passed a bill on Tuesday to ban the consumption and sale of dog meat, outlawing the contentious centuries-old practice amid increased support for animal welfare. ...

The Two Priciest Cities In The World Are Singapore And Zurich

The Economist Intelligence Unit (EIU) has announced that Singapore and Zurich were tied for the most expensive cities in the world this year, followed by Geneva, New York, and Hong Kong....

Pocket wallets vs. smartphones: Can we replace cash with digital currencies?

The more than a decade-long history of cryptocurrency has clearly demonstrated that the world is keen on the new form of money. The crypto frenzy has even prompted leading central banks to work on...

Swedish Finance Minister Says UBS's Expansion To Be Slowed By New Capital Standards Set For Swiss Banks

Remote Work Responsible For Slowdown Of Innovation – Says Nike CEO

Tesla’s Top Markets – US, And China, Among Markets Where It Will Cut Jobs

Large Banks, Headed By Citi, Keep Reducing Workers In Order To Save Money

Adam Neumann Offers To Outbid Competitors As WeWork Scrambles To Obtain Capital.

TSMC Exceeds Revenue And Profit Projections For The First Quarter Due To Robust Demand For AI Chips

Nissan Lowers Its Projected Yearly Operating Profit By 14.5% Due To Slow Sales

Netflix Will No Longer Release Subscriber Numbers As The Streaming Conflicts Fade

Slowing EV Growth Forces GM And Ford Rely On Gasoline-Powered Trucks

Growing Hostilities In The Middle East Are A New Shock To Global Markets

Governments Need To Mediate Local Support For Miners, According To An Industry Organisation

Companies

Nokia Will Slash Up To 10,000 Jobs Globally In The Next Two Years

The Finish telecom equipment making giant Nokia us planning to implement its previously announced restructuring program with an initial slashing of up to 10,000 jobs of the company all over the world over the next two years. At the same time the company is also preparing to increase its spending on...

Volkswagen Confident Of Increasing Profit Margins From Cost Cuts

A day after it unveiled its ambitious electric mobility expansion, the German auto giant and the second-largest car maker of the world Volkswagen said that it will be able to increase its profit margins second-largest carmaker because of the cost cutting strategies it has put in place. ...

Microsoft And Google Publicly Fight Each Other Amid Hacks And Competition Probes

The California-based search engine giant Google and the Washington-based software firm Microsoft have daggers drawn at each other as the two companies are facing increasing pressure from lawmakers and regulators in relation to the extraordinary power that the two technology firms wield over...

China's Ant Group CEO Resigns In A Shake Up After Suspended IPO And Regulatory Heat

While the company is under pressure from Chinese authorities as a regulatory driven overhaul of the business of the company is underway, the Chief Executive Officer of the Chinese technology giant Ant Group - Simon Hu, tendered his resignation unexpectedly. This is first high profile exit of...

Apple To Make iPhone 12 In India Along With Some Other Models Its Already Makes

The United States based iPhone maker Apple Inc has confirmed that it would soon begin manufacturing of 5G-enabled iPhone model – the iPhone 12, in India and the retail packages of the company’s smrtphones would soon have the ‘Made in India’ title on them. The iPhone 12 was launched by the...

HSBC Sets Target To Phase Out All Coal Investments By 2040

Provided that kits shareholders were supportive of its strategy to ramp up its climate change policies, HSBC will stop financing all coal projects by 2040, the bank has said. This move was made by the British bank following sustained pressure on it by a coalition of investment firms and...

Trading In Energy Is BP’s Revenue Source To Finance Its Strategy Shift To Clean Fuel

Despite the collapse in the demand for oil in 2020 because of the Covid-19 pandemic, earnings of almost $4 billion was made by the trading unit of British Petroleum which is almost equal to the record trading profit it had made in 2019m reported news agency Reuters citing information and data from...

2021 Will Be A Year Of Profits Again, Says BMW As It Overturns Pandemic Hit

The German luxury car maker BMW has managed to stage recover from the shutdowns and a significant hit to its sales last year because of the Covid-19 pandemic during the first half of last year and is now on track to regain profitability for 2021, the car maker said on Thursday. The company...

First Company-Wide Strike Called By Amazon Workers In Italy

The first ever strike by workers of the largest online retailer of the world Amazon.com is being called out by the company’s employees in Italy. Workers of the United States based online giant in Italy were holding talks with the management of the company over working conditions...

Unilever Will Remove The Word "Normal" From Beauty Products To Promote Inclusivity

As a part of its new policy of promoting greater inclusivity, the word “normal” will be dropped from all of its beauty and personal care products by the maker of the Dove soap brand Unilever. The company will also stop digitally altering body shapes and skin colour of the models that the company...

Rout At The Stock Market Sees Tesla Loosing A Third Of Its Value

The value of the shares of Tesla has dropped by a third of what it was at its record high in January which also marks the third time that there has been a dramatic correction in the price of the stocks of the United States based electric car maker in about a year. In recent weeks,...

Toyota VC Making Serial Investments In AI Startups To Refine Everyday Production Processes

The Japanese car maker Toyota Motor Corp is making large investments in startups through its first venture capital fund and the car maker hopes that it will be able to refine its everyday processes by implementing sharper supply-chain management and robotics to the manufacturing process of the...

Lifestyle

Bill To Outlaw Trade In Dog Meat Passed By The Parliament Of South Korea

The Two Priciest Cities In The World Are Singapore And Zurich

Pocket wallets vs. smartphones: Can we replace cash with digital currencies?

Swedish Finance Minister Says UBS's Expansion To Be Slowed By New Capital Standards Set For Swiss Banks

Remote Work Responsible For Slowdown Of Innovation – Says Nike CEO

Tesla’s Top Markets – US, And China, Among Markets Where It Will Cut Jobs

Large Banks, Headed By Citi, Keep Reducing Workers In Order To Save Money

Adam Neumann Offers To Outbid Competitors As WeWork Scrambles To Obtain Capital.

TSMC Exceeds Revenue And Profit Projections For The First Quarter Due To Robust Demand For AI Chips

Nissan Lowers Its Projected Yearly Operating Profit By 14.5% Due To Slow Sales

Netflix Will No Longer Release Subscriber Numbers As The Streaming Conflicts Fade

Slowing EV Growth Forces GM And Ford Rely On Gasoline-Powered Trucks

Growing Hostilities In The Middle East Are A New Shock To Global Markets

Governments Need To Mediate Local Support For Miners, According To An Industry Organisation

Nokia Will Slash Up To 10,000 Jobs Globally In The Next Two Years

Volkswagen Confident Of Increasing Profit Margins From Cost Cuts

Microsoft And Google Publicly Fight Each Other Amid Hacks And Competition Probes

China's Ant Group CEO Resigns In A Shake Up After Suspended IPO And Regulatory Heat

Apple To Make iPhone 12 In India Along With Some Other Models Its Already Makes

HSBC Sets Target To Phase Out All Coal Investments By 2040

Trading In Energy Is BP’s Revenue Source To Finance Its Strategy Shift To Clean Fuel

2021 Will Be A Year Of Profits Again, Says BMW As It Overturns Pandemic Hit

First Company-Wide Strike Called By Amazon Workers In Italy

Unilever Will Remove The Word "Normal" From Beauty Products To Promote Inclusivity

Rout At The Stock Market Sees Tesla Loosing A Third Of Its Value

Toyota VC Making Serial Investments In AI Startups To Refine Everyday Production Processes

World

Global Warming Causes The First 12-Month Period Above 1.5C

2023 Was The Second-Warmest Year Ever For The UK

Fury And Dissatisfaction As The COP28 Draft Language Leaves Out The Phase-Out Of Fossil Fuels

Brazil Joins The Global Climate Accord To Increase Renewable Energy Usage By Three Folds

The Rise of India and the Decarbonisation of its Economy

People

New Study Finds People Who Were Class Bullies Could Make Higher Incomes In Their Middle Age

In A New York Corporate Fraud Lawsuit, Trump Slapped Fines And Interest Of $454 Million

Survey Finds 80% Employees In Asia Face Moderate To High Risk For Mental Health Issues

The Way Bankman-Fried Of FTX Obtained A $250 Mln Bail

Majority Of Elon Musk’s Twitter Followers Do Not Want Him As Twitter Chief, Shows A Musk-Conducted Pool