Sections

ideals

Business Essentials for Professionals



Companies

$4.4bn To Be Invested In China By VW And Its Chinese In 2020

An investment of around 4 billion euros ($4.43 billion) to be made in China is being planned by the German auto major Volkswagen Group, together with its Chinese partners. The German auto major said that the focus of the largest portion of the investment will be development of e-mobility...

Hong Kong Secondary Share Listing Yields $12.9 Billion For Alibaba

A world’s highest ever amount for a cross-border secondary share sale was achieved by the Chinese e-commerce giant Alibaba with its landmark listing in Hong Kong generating $12.9 billion. This was also the highest for Hong Kong for nine years.     Hong Kong, which has been witnessing...

Aston Martin Hopes Of A Turnaround With Launch Of Its For SUV

The iconic British luxury sports car maker Aston Martin is hoping to stage a turnaround as it launched its first sport utility vehicle on Wednesday. The company has been facing serious issues of sales that did not meet the expectations of investors after the company went public resulting in the...

Microsoft To Probe An Israeli Firm It Invested In About Unethical Use Of Tech

Investment in Israeli facial recognition company called AnyVision was done by Microsoft this summer through its venture capital arm M12 and the US tech company now has hired US Attorney General Eric Holder to audit the company.   The ACLU has criticized the investment in the company by...

Task Of Reviving Audi Brand To Be Undertaken By Former BMW Executive

The 2015 diesel-cheating scandal had resulted in the German premium car maker Audi losing out some of its key engineering know-how and influence and now its parent company Volkswagen has appointed Markus Duesmann, a former BMW executive, for addressing the situations and bringing Audi on track....

Strong Q3 Results Prompts Walmart To Raise Earnings Forecast

The United States based retailing giant Walmart beat market expectations for the third quarter in US comparable sales driven by customers spending more at its stores and purchasing more through its website. This resulted in the retailer gaining market share in food and other groceries segments....

Alibaba Cleared To Sell Stocks And Hong Kong Stock Exchange

China’s e-commerce giant Alibaba Group Holding has been granted permission to sell up to HK$117 billion or $15 billion of new shares through a secondary listing in Hong Kong.   This permission to Alibaba, which till now holds the record for the largest initial public offering ever in 2014,...

Cases Over Alleged Sexual Harassment Filed By Former Mcdonald's Workers In US

A proposed class-action lawsuit was filed against McDonald's and one of its Michigan franchisees by a former employee of the company Jenna Ries on Tuesday within a week of one of the largest fast food chains of the company firing its CEO over charges of him having a relationship with a subordinate....

Veggie Rebel Whopper From Burger King Now Available Across Europe

United States based restaurant chain Burger King has tied up with Unilever to sell the latter’s plant-based patty as the US firm rolled out its meat-free Rebel Whopper across Europe on Tuesday. This is the largest product launch in the history of the burger chain and the largest deal with a...

Alibaba's Singles' Day Shopping Fest Sees High Demand For L'Oreal, Nestle Products

According to data released by the Chinese online retailer Alibaba for in relation to its Single’s Day shopping festival, brands such as L'Oreal and Nestle stood out to be the biggest winners as Chinese consumers showed acute interest in purchasing food supplements, facial masks and baby milk powder...

Alibaba Singles’ Day Sales Pass $1 Bn In Just In 1 Minute, On Track To Set A Record

The annual Singles’ Day shopping event of Chinese online retailing giant Alibaba Group Holding Ltd is set to create a new record in its 11th year as the company said that this shopping blitz generated sale revenues of more than $30 billion mark at 4:31 p.m. (0831 GMT), on Monday.   The...

Analysts Confident Of Netflix Fending Off Impending Rivalry From Disney And Apple

At a time when the tag of being a market leader of fir Netflix is being threatened by new comers in the industry such as Apple, Disney and Amazon, the streaming service company is set to launch the Season 3 of Netflix's Queen Elizabeth II drama "The Crown" later this month.   But investors...
1 2 3 4 5 » ... 83