Even as the Chinese regulators are conducting investigations into its business practices, plans of raising at least $5 billion through the sale of a U.S. dollar-denominated bond this month ha been made by China’s Alibaba Group Holding Ltd, according to a report by the news agency Reuters quoting...

Faced with a huge pressure from investors to stage a turn around of its business, the Japanese auto manufacturer Nissan Motors has decided to significantly reduce its presence further in the European market. The Japanese auto maker has also decided to outsource the sales and manufacturing of its...

After the end of the unsuccessful joint venture talks with the United States auto maker Ford Motor Co, India’s auto giant Mahindra & Mahindra Ltd has now decided to go alone and focus on further development of its core portfolio of sport-utility vehicles (SUVs) and the electric versions of the...

According to a report published by the news agency Reuters based on an internal company post viewed by the news agency, the chief of advertising integrity of the social media giant Facebook, whose responsibility included appropriate handling of the ad products of the company related to sensitive...

China’s digital payments giant Ant Group has been asked by China's central bank to bring in changes to its lending and other consumer finance operations in the latest blow by Chinese authorities to the billionaire founder and controlling shareholder Jack Ma of the company, the central bank...

In order to penetrate targets that had no compromised network software from SolarWinds Corp, reseller access to Microsoft Corp services were used by the suspected Russian hackers responsible for the worst US cyber attack in years, investigators into the incident have found.   Previously, the...

Taiwan’s Eva Air has fired a New Zealand pilot who has been blamed for causing Taiwan's first domestic coronavirus transmission in months.   A person who had come into contact with the pilot had tested positive for Covid-19 on Tuesday which was the first case in the island in 253 days....

An antitrust investigation against Alibaba Group has been launched by Chinese regulators and will summon executives from the group’s Ant Group in the coming days, the regulators said on Thursday.   This is a further action taken against the company founded by the billionaire entrepreneur...

A United States based startup called Ouster Inc, which manufactures lidar sensors for self-driving cars and smart cities is set to go public through a merger with special purpose acquisition company (SPAC) Colonnade Acquisition Corp, the company said. According to the deal for the public listing,...

According to reports quoting sources, Apple Inc is planning to continue to press ahead with development of self-driving car technology and has set a target of 2024 to develop a passenger vehicle w3hihc could be made with its own breakthrough battery technology.     Since 2014, the...

Negotiations for taking up a stake in the mobile games publisher CMGE Technology Group by China’s ByteDance is currently going on between the two companies as the Chinese firm, the owner of the short video sharing app TikTok, tries to create another source of revenue and growth for the future....