A surge in demand for its snack including the likes of Tostitos, Cheetos and Doritos by consumers prior to and during the novel coronavirus pandemic related lockdowns and restrictions helped PepsiCo Inc to beat estimates of analysts for quarterly revenue and profit on Monday.   The general...

Over the next five to seven years a total investment of $10 billion will be made by Alphabet Inc’s Google in India. This was reportedly told by the search giant's boss Sundar Pichai to the Economic Times newspaper of India on Monday.    The target of this huge investment by Google will...

Founder and CEO of United States based electric vehicles maker Tesla has claimed that the company will be able to achieve complete autonomous ability for its vehicles by the end of this year.   He said that the company was already "very close" to achieving the basic requirements of this...

Despite announcing last week that it was working closely with the German financial watchdog BaFin and the administrators of the collapsed fin tech giant Wirecard about offering any possible support to the banking wing of the collapsed company Wirecard Bank, Deutsche Bank said this week that it was...

The United States is “certainly looking at” banning Chinese social media apps, including TikTok, said the US Secretary of State Mike Pompeo, effectively suggesting that Chinese app had shared personal information of its American users with the Chinese government.   These charges have been...

United States electric car maker Tesla Inc did not spare the chance to poke fun at the company’s naysayers and criticizers - with sales of red satin shorts, after the company overtook Toyota Motor Corp to become the most valuable automaker of the world and stunned the market with car deliveries in...

It was about a year ago that both the United States based aircraft making giant Boeing Co as well its suppliers had set the final number of parts that would be needed for the last lot of the 747 jumbo jet program of the plane maker.   This was a very strong signal about the imminent end of...

It was just three months ago that the social media giant Facebook announced its decision to make an investment of $5.7 billion in Indian telco Jio Platforms. This week, United States based chip maker Intel said that it would be making an investment of more than $250 million in Jio Platforms....

Recent reports that the two ‘soon to be merged’ car makers Fiat Chrysler (FCA) and PSA were planning to spinning off assets to cut a planned 5.5 billion euro ($6.2 billion) cash payout to FCA shareholders were dismissed by the companies and reiterated that the companies were intent on sticking to...

Manufacturing of its iconic 747 Jumbo Jets would be stopped by United States based aircraft manufacturing giant Boeing after it completes a current order of 16 planes, said reports quoting sources.   Reports said that the company expects to complete the production of the last batch of the...

A second possible Covid-19 vaccine candidate developed by Indian pharma companies was granted permission by Indian regulators this week to start human trials.   The Indian drug maker Zydus has been granted the approval to begin testing the potential vaccine on humans in clinical settings on...