Starting this year, the performance of top executives of the company – starting with people in the ranks of vice presidents and above, will be evaluated for promotion of team diversity and inclusion, said Alphabet Inc's Google.   This was mentioned by the company in one of its several...

The United States based ride hailing company Uber was dealt a severe blow by Britain's Supreme Court which ruled on Friday that a group of drivers of the company are entitled to worker rights such as the minimum wage. According to analysts, this court ruling could have much wider impact on the...

After a loss of 8 billion euro last year, the French auto giant Renault also raised the warning flag for 2021 because of a shortage of electronic chips which added on to the uncertain recovery from the Covid-19 induced global recession, said the company’s Chief Executive Luca de Meo.   While...

The German sportswear maker Adidas AG had purchased the United States based fitness brand Reebok about 15 years ago. However in recent years the company has not been able to propel the brand enough to compete with its closest American and global rival Nike.   This has now prompted the German...

It was just last July that the business prospect of the Chinese owned short video sharing app TikTok looked bleak in the United States under threat from the former president Donald Trump who accused the app of being a front for the Chinese government.   Advertisements on the app were stopped...

With increased demand for iron ore from China in recent months, the top metal user of the world, to support the country’s push in infrastructure development, there was a surge in the price of the raw material which helped Australia’s mining giant BHP Group to report its best profit for its first...

The bold and new ‘reimagine’ strategy of Jaguar that is designed to revive the fortunes of Jaguar Land Rover (JLR) will see the company becoming an electric-only brand starting in 2025.   This target for the British company that is currently owned by India’s Tata Motors group was set under...

With the regulators of the European Union are considering framing and implementation of new rules and regulations for protecting the workers engaged in the gig economy, the ride hailing company Uber has urged the EU regulators to consider and recognise the value that is added to the economy in the...

After there were reports recently claiming that the United States based iPhone maker Apple Inc had approached the Japanese auto company Nissan Motor Co Ltd to negotiate on a deal for a partnership on its autonomous car project, the Japanese auto maker said on Monday that it is not in any form of...

A collection of about a thousand satellites that are circulating about 340 miles above the Earth has been created by SpaceX, which according to the company’s CEO Elon Musk, has landed the company in a "deep chasm" of expenses as it continues to build the constellation of satellites.   The...

A 76 per cent surge in the value of its stocks on debut of the dating app Bumble in new York saw the valuation of the company soar to $14bn.   The shares of the company opened on Nasdaq at $76 which was much higher than the offer price of the stocks at $43 in the initial public offering....