The iconic British luxury sports car maker Aston Martin is hoping to stage a turnaround as it launched its first sport utility vehicle on Wednesday. The company has been facing serious issues of sales that did not meet the expectations of investors after the company went public resulting in the...

Investment in Israeli facial recognition company called AnyVision was done by Microsoft this summer through its venture capital arm M12 and the US tech company now has hired US Attorney General Eric Holder to audit the company.   The ACLU has criticized the investment in the company by...

The 2015 diesel-cheating scandal had resulted in the German premium car maker Audi losing out some of its key engineering know-how and influence and now its parent company Volkswagen has appointed Markus Duesmann, a former BMW executive, for addressing the situations and bringing Audi on track....

The United States based retailing giant Walmart beat market expectations for the third quarter in US comparable sales driven by customers spending more at its stores and purchasing more through its website. This resulted in the retailer gaining market share in food and other groceries segments....

China’s e-commerce giant Alibaba Group Holding has been granted permission to sell up to HK$117 billion or $15 billion of new shares through a secondary listing in Hong Kong.   This permission to Alibaba, which till now holds the record for the largest initial public offering ever in 2014,...

A proposed class-action lawsuit was filed against McDonald's and one of its Michigan franchisees by a former employee of the company Jenna Ries on Tuesday within a week of one of the largest fast food chains of the company firing its CEO over charges of him having a relationship with a subordinate....

United States based restaurant chain Burger King has tied up with Unilever to sell the latter’s plant-based patty as the US firm rolled out its meat-free Rebel Whopper across Europe on Tuesday. This is the largest product launch in the history of the burger chain and the largest deal with a...

According to data released by the Chinese online retailer Alibaba for in relation to its Single’s Day shopping festival, brands such as L'Oreal and Nestle stood out to be the biggest winners as Chinese consumers showed acute interest in purchasing food supplements, facial masks and baby milk powder...

The annual Singles’ Day shopping event of Chinese online retailing giant Alibaba Group Holding Ltd is set to create a new record in its 11th year as the company said that this shopping blitz generated sale revenues of more than $30 billion mark at 4:31 p.m. (0831 GMT), on Monday.   The...

At a time when the tag of being a market leader of fir Netflix is being threatened by new comers in the industry such as Apple, Disney and Amazon, the streaming service company is set to launch the Season 3 of Netflix's Queen Elizabeth II drama "The Crown" later this month.   But investors...

A recent market study published by CBRE has found that the United States based global office space sharing company WeWork is still doing well with respect to its core business despite the company failing to launch a much hyped initial public offering earlier this year and the ouster of its...