The hit of the novel coronavirus pandemic crisis has forced the Japanese car maker Nissan Motor Co Ltd to cut down its production of cars in Japan by 78 per cent in May compared to what it had manufactured in the same month a year ago. The company was already facing severe troubles with demand and...

 A five year deal was struck between Microsoft Corp and Coca Cola to supply software for the soft drinks company’s business. This announced by the tech giant on Monday. The software will include Microsoft’s Teams chat app as well as various tools for Coca Cola’s customer service agents....

Plans a alliance between Brazil and the United States - from regional jets to jumbos, was left in tatters after the US plane maker Boeing Co pulled out of a $4.2 billion deal to acquire the Embraer’s commercial jets division of Embraer. The decision by Boeing resulted in a furious response from its...

Following the relaxation of lock down measures in China imposed to prevent the spread of the coronavirus pandemic and with businesses and shops reopening in the country, there has been some stabilization of business in the market, said the German auto maker.   A senior manager of the German...

Stockpiling by consumers of everything - from Purina pet food to Nescafe coffee and frozen meals, in an effort to  be prepared for long lockdowns, has helped the Swiss food giant Nestlé to report its best growth in quarterly sales in almost five years.   The company said that in March,...

Citing the costs of development of a new PC chip, Intel Corp forecast that its second-quarter earnings will fall below the estimates of the Wall Street. The chip maker however said that it was not possible for it to make a forecast for the full year due to the huge uncertainties in the global...

While the coronavirus pandemic resulting in massive lockdowns all across the world and most businesses virtually closing down, pharma companies are the ones who seem to be benefiting from the current situation. As people stock up medicines amid the coronavirus pandemic, pharma companies have seen...

The new Mac computers from Apple Inc will have its own main processors and are expected to hit the market by next year, according to a report published by Bloomberg reported on Thursday. the United States based tech giant plans to make use of new chip designs that are based on the chip that are...

Amid a worldwide warning about the weakness in the security system of the video conferencing application Zoom in terms of personal information and other data exchanged over the platform, the company owning the application, Zoom Video Communications Inc, has assured that its encryption features on...

A new index designed to track and benchmark the global price of carbon was launched by Intercontinental Exchange, Inc., which is a leading operator of global exchanges and clearing houses as well a provider of data and listings services.   The firm said that the launch of this benchmark is...

One of the first countries that is making it mandatory for digital platforms to pay for content they use is Australia. The Treasury department of the country said that two United States based digital giants Facebook Inc and Alphabet Inc's Google will be forced to share their advertising revenues...