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First Space Mission Of Reaching ISS Fails For Boeing’s Starliner Spacecraft

The first test flight of Boeing’s Starliner spacecraft did not manage to achieve its mission – successfully reaching the International Space Station. The launch which took place from Cape Canaveral in Florida according to schedule on 20 December did make it successfully into an orbit around Earth...

Nike Fiscal Q2 Earnings Beat Estimates But Stocks Fall

Nike investors are apparently not happy with the company’s earnings even after the share price of the company touched a record high on Thursday.   After the company announced fiscal second quarter results that easily beat the market estimates, the shares of the company went down in late hour...

Paris Court Hold French Telecom Company Orange Guilty For Workers' Suicides

In a landmark ruling, a Paris court held the French telecoms group Orange and its former CEO Didier Lombard guilty of “moral harassment” resulting in a number of suicides in the company during a period in the late 2000s when the company was undergoing a restructuring.   According to analysts...

UK Ad Watchdog Bans BAT’s Vaping Ads On Instagram

The advertising watchdog of the United Kingdom has ruled that it was preventing British American Tobacco (BAT)’s all forms of advertisement of its e-cigarettes on all of the public accounts on Instagram which would also include the accounts of some of the social media influencers that it has...

Trade Woes Aside, Airbus Likely To End 2019 With Strong Sale Numbers: Company Executive

The 2019 year is set to wend on a high note for the European aircraft manufacturer Airbus as all of the major civil aircraft programmes of the company are currently on course to record a book-to-bill ratio above one. This was announced by the chief commercial jet salesman of the company Christian...

Top Oil Companies Face New Round Of Shareholder Climate Resolutions

Five big oil companies of the United States and Europe are being put under pressure by an activist group by putting through shareholder resolutions which demand that the companies do more so that they meet the goals and objectives of the Paris climate accord and reduce carbon emissions from their...

PSA-Fiat Merger - French Shareholders Want Board Advantage Guarantee: Reuters

In the latest twist to the planned merger of PSA and Fiat Chrysler, a unique demand has been put forward by French shareholders: the companies should ensure that after the merger, they will continue to have a numerical advantage on the new board for the new company in the eventuality that the exit...

$130 Million For 6 Year Operations For Its Content Oversight Board Announced By Facebook

It has been over a year that a content oversight board is being attempted to be set up by the largest social media platform Facebook.   While the company earlier shared a charter that outlined the new rules for content, its founder and CEO Mark Zuckerberg has also outlined his vision or the...

Boeing No Longer Expects 737 MAX Return To Air By 2019

Following a meeting between the Boeing Chief Executive Dennis Muilenburg and senior US officials from the United States aviation regulator - the Federal Aviation Administration, the US plane maker said that it was withdrawing its aim of getting approvals from the regulator for the returning in air...

$2trillion Valuation Touched By Saudi Aramco In Day 2 Of Trading

The Saudi Arabian oil giant Saudi Aramco ultimately crossed the $2 trillion valuation mark as projected by the Saudi Crown Prince Mohammed bin Salman four years ago on the second day of trading as a publicly traded company on Thursday as the company’s shares rose in value.   The value of its...

Large Tech Companies, Including Google, Facebook, No Longer Most Preferred By Employees

For long, some of the largest global tech companies such as Facebook Inc. and Alphabet Inc.’s Google have been considered to be among the best organizations to work for as they offer very good payments and compensation and perks along with the host of benefits for their employees.   However...

Canadian Court Allows Huawei's CFO Permission To Access More Evidence About Her Arrest

Huawei's Chief Financial Officer Meng Wanzhou, who is under house arrest in Canada, and her lawyers will now get access to more evidence and documents relating to her arrest following a win in a local court there as a part of her efforts to prevent her extradition to the United States.  ...
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