The Justice Department’s kleptocracy asset recovery unit is probing Goldman Sachs’s business relationship with 1MDB. Goldman Sachs had earlier facilitated the sale of U.S. dollar bonds for 1Malaysia Development Bhd. As per Bloomberg, Tim Leissner, a former banker from the Goldman Sachs Group Inc....

Customised requirements have demanded the increased involvement of skilled human workers in Mercedes-Benz’s assembly lines. Ever heard of an industrialized company reversing its decision on automating its assembly lines and preferring humans instead of robots? In what is an eye opener, Mercedes...

In a big step towards biometric banking in the UK, HSBC is rolling out voice recognition and touch ID services for 15 million customers by the summer.

Net income of Wal-Mart - the world's largest retailer - fell by 8%, revenues declined by 1.5% according to a report for the fourth quarter of 2015, published on Thursday. The company's revenue for the whole of last year fell by 0.7%. This is the retailer’s worst result over the past 35 years. The main reasons for such a poor performance - the growth of the dollar, what caused a decline in revenues of the company’s international division, as well as increasing competition from online retailers.

Working at ground level, Tata Power motivates and helps farmers to learn new farming technologies besides retaining their traditional methods.