The antitrust body of India has been given a time period of two weeks by an Indian court to ascertain if authorities were misled by Amazon while it sought regulatory approval for a deal with India's Future Group in 2019, said reports quoting a body of Indian retailers.   The case that drew...

Accusations of the United States based electric car company Tesla of "flagrantly" breaching a contract linked to stock warrants following a recent surge in the company’s stocks were leveled in a lawsuit by JPMorgan Chase & Co in which the lender demanded compensation of $162.2 million.  ...

A license arrangement with the international public health organization Medicines Patent Pool will allow generic manufacturers to provide its experimental antiviral Covid-19 tablet to 95 low- and middle-income countries (MPP). Pfizer Inc said on Tuesday.   The MPP will be able to offer...

Forecasting growth in demand for its products during the crucially important holiday season, its annual sales and profit forecast were raised by Walmart Inc earlier this week, even as the largest retailer of the world saw its margins for the third quarter being hit by global supply chain...

For the quarter ending December 31, a fall of 15 per cent in its revenue from its key smartphone business is expected by Taiwan's Foxconn, which is the main assembler of iPhones for Apple, the company said on Friday.   The revenue outlook for 2022 needs to be made cautiously, said the...

The pace of growth in sales during its annual Singles' Day shopping spree was the slowest for the company in its history, said Alibaba Group Holding Ltd on Friday.   According to analysts, this performance of the Chinese e-retailing giant underscores the severe regulatory challenges being...

Following a period of two years of a development project with its partner company and its largest shareholder Toyota Motor Corp, its first all-electric vehicle (EV), the Solterra, was unveiled by Japan's Subaru Corp on Thursday.   This launch of its electric sports utility vehicle (SUV)...

Walt Disney is set to get into the so-called metaverse.   The entertainment conglomerate Walt Disney is getting ready to venture into the virtual reality world that was initially only imagined in science fiction said the company’s CEO Bob Chapek.   Since Facebook announced the aim of...

Roche's strategy of buying back almost one third of the stocks with voting rights from rival Swiss drug maker Novartis, worth a total of about $20.7 billion, will allow the company to exercise a higher level of strategic flexibility, according to Roche's Chairman Christoph Franz.   Roche...

Ways for content creators to generate money using Facebook Groups, is being investigated by the social media company Facebook, aka Meta Platform, which includes ways such as users paying charges for accessing exclusive content or participating in conversations within subgroups.   The test...

Resurgence in travel and tourism globally because of rising rates of Covid-19 vaccinations in the last three months of the current year would drive growth for the company next year, said the short-term home rental company Airbnb Inc, as it reported better than expected revenues for its latest...