Despite the novel coronavirus pandemic, Hershey Co announced its expectation of accelerating sales in the months ahead as it reported profits that beat expectations of the market.   The company said that its expectations beating performance was driven by strong demand for its cooking...

A new survey that was published on Monday showed that almost half of the biggest companies of the United Kingdom are of the opinion that businesses will be able to completely recover from the novel coronavirus pandemic only by the second half of 2021. This survey casts a shadow on hopes of a speedy...

According to a report published in the Wall Street Journal citing sources with information of the matter, the top advertiser on Facebook’s social media platform, Walt Disney Co., has “dramatically slashed” advertisement spending on the platform.   This move by the entertainment giant also...

Mondelez, the owner of Cadbury brand, has said that by the end of 2021, all Cadbury chocolate bars that are sold in multipacks will be reduced in size to bring down the calorie count in them.   No more than 200 calories each for a pack of four is aimed to be included in some of the popular...

Despite Netflix Inc forecasting weak growth in subscribers for the third quarter, analysts at Wall Street shrugged of the forecast and instead focused on the record number of users that the video streaming service had notched up in the first half of the current year.   Analysts also...

All websites and apps advertisements that are placed on “dangerous content” that goes against scientific consensus during the novel coronavirus pandemic with the use of its advertising technology will be prevented, said Alphabet Inc’s Google on Friday.   With the global Cvoid-19 pandemic...

Even after posting a smaller-than-expected quarterly loss, German auto making giant Daimler has announced that it would stop manufacturing Mercedes-Benz sedans in the United States and Mexico with the aim of further deepening its cost saving strategy.   Output of its Mercedes-Benz C-Class...

One of the most famous practices of corporate Japan, seniority based pay, which is still followed by a number of the largest corporate of the country, is to be scrapped with  by Japan’s Hitachi Ltd.   According to analysts, this move by the company which has been historically better...

The aim of India’s Reliance of getting closer to transforming into a digital giant can be helped by the $20 billion fund raising spree that the company concluded recently. According to analysts that can be a threat to ambitious plans of United States based companies like Amazon, Walmart and Zoom...

The impact of the novel coronavirus pandemic on the auto industry causing flattening of demand has forced Japan’s Nissan Motor Co to plans cutting down its global vehicle production through December by 30 per cent year on year, claimed a report published by the news agency Reuters.  The aim of...

Search engine giant Google will be taking up a stake in India’s Jio Platforms Ltd worth $4.5 billion. Jio is the digital arm of Reliance Industries Ltd.   Google’s investment is the latest in a series of investments in the Indian telecom firm, which already has almost 400 million users in...