Following a relief bringing court ruling for Amazon.com by an Indian court which stayed an investigation by the country’s anti-trust regulator into the alleged business practice of deep-discounting, preferential listing of sellers and exclusive pacts by the United States based e-commerce company...

In an effort to reduce its carbon footprint, the France based oil and gas giant Total plans to bring to a complete stop selling its fuel to power plants, said the company’s chief executive in an interview to the media. The company is also aiming to step up investments in renewable energy projects....

The Chinese telecommunication equipment making giant Huawei has been slapped with fresh charges by the United States Department of Justice. The Chinese firm has now been accused of stealing of trade secrets from U.S. technology companies for decades very successfully.   Huawei and its...

A ruling of the Australian regulator was over ruled by an Australian court with respect top the merger of unit of Britain's Vodafone Group and internet provider TPG Telecom in a deal that is worth A$15 billion or $10.1 billion. This decision now paves the way for the creation of one of the largest...

Acquisition of the British privately held big-data analytics firm Looker Data Sciences has been completed by Alphabet Inc-owned Google. The deal worth $2.6 billion was completed after the companies got clearance from the United Kingdom’s competition watchdog, Google said on Thursday.   This...

Huge losses incurred by its $100 billion Vision Fund of SoftBank Group Corp resulted in the investment company’s third quarter operating profits dropping by a stupendous 99 per cent which was way below what the markets have been expecting.   During the quarter, a total loss of 225 billion...

Lawyers of Nissan and Mitsubishi have alleged that the former and now fugitive chairman of the two companies - Carlos Ghosn, has utilized a joint venture of the two auto majors to inflate his pay which effectively allowed him to cover up a cut into his declared wages as well as to get financial...

A new place design aimed to reduce carbon emissions by about 20 per cent and one that has a curvaceous design belonging the wing and the body, was unveiled by the European plane maker Airbus.   Code-named Maveric, this secretive and technologically advanced plane design, was secretly tested...

The fourth quarter revenue and earnings for the online bulletin-board service Pinterest beat market estimates which pushed its shares up significantly.   The social media company reported a huge 46 per cent year over year growth in revenue for the fourth quarter at $400 million which was way...

A massive 37 per cent growth in revenues was reported for the fourth quarter of 2019 by the United States based ride-hailing company Uber Technologies, Inc. even though it continued to post quarterly losses.   The company also reported a growth in net earnings during the quarter while also...

In a sharp contrast to rulings by courts in Europe - specifically in the United Kingdom, about the status of drivers of the United States based ride haling company Uber, a higher court for labor in Brazil has ruled that the drivers were not employees of the company as it found no employment...