Sections

ideals

Business Essentials for Professionals



Companies

Two China Factories And 50% Workforce To Be Dropped By PSA, Dongfeng: Reuters

According to a news report published by Reuters news agency, a decision to cut thousands of jobs in China and shut down two of four shared assembly plants has been taken by Peugeot maker PSA Group and partner Dongfeng Group. The report was based on documents of the companies and added that the aim...

Japan's Uniqlo Being Hit By Consumer Boycott In South Korea

Japanese casual clothing chain Uniqlo's sale in South Korea has suffered significantly because of the boycott of the South Korean consumers of goods. This was announced by the company on Friday. This highlighted the growing rift between the two countries in the economic context. A trade spat is...

Huawei Shows Its Own OS, But To Stick To Androind For Now For Its Devices

Harmony OS, the long rumored first-party operating system of Chinese tech giant Huawei was unveiled by it. The company has been developing the OSD for quite some years now.   However it had recently become important for Huawei in the face of the US ban which prevented it from doing business...

Regulatory Uncertainty Faced By BMW And Its Chinese Partner Great Wall In China

There were looming regulatory challenges for the joint venture between BMW and its Chinese joint venture partner China's Great Wall Motor, a joint venture necessary as a precondition of or doing business in China for any foreign company. This was commented to by the Chinese firm on Wednesday. The...

Ride Sharing Of Smallsats New Business Strategy For Elion Musk’s SpaceX

Till now, the main source of revenues for billionaire entrepreneur Elon Musk’s space company SpaceX have been very large communications and military satellites. However the company is now shifting more towards focusing on carrying to space smaller and nimbler satellites.   According to the...

Tyson Foods Prepares For China Export Boost As It Hits Record High After Q3 Results

The shares of Tyson Foods Inc reached record highs following the company reporting better-than-expected for the latest quarter and reiterating its earlier forecast that it would make profit because of the spread of a fatal hog disease in China.   Tyson Chief Executive Noel White said that...

New Blockchain Network For Supply Management Launched By IBM And Others

A new blockchain is being launched by International Business Machines Corp (IBM). The tech giant aims to enhance output of its manual and cumbersome supply chain management, the company said while making announcement on Monday.   Supply chains are critical to any business and forms the...

Third Party Review Of Audio Recordings From Voice Assistants Stopped By Apple, Google

Mounting concerns over data privacy has forced both Apple Inc and Alphabet Inc’s Google to suspend globally of reviewing of recordings from users interacting with their voice assistants.   A program called “grading” has been suspended by Apple, the company said on Friday. This program is one...

UK Health Start-Up Babylon’s $550M Funding Round Led By Saudi Arabian Sovereign Fund

Saudi Arabia’s sovereign wealth fund led an investment round for the United Kingdom based health technology start-up Babylon which helped the company to raise $550 million.   After the completion of the fundraising round, the net worth of the company now is $2 billion, said the London based...

Amazon Negotiating For A Stock Purchase Of India's Reliance Retail: Reports

According to reports in the Indian media, negotiations to buy a stake in India's biggest brick-and-mortar retailer, Reliance Industries Limited, is being held by Amazon.com.   Reliance's consumer and private labels business could be benefited because of the massive online presence of Amazon....

Not Right Time To Go Public For Alt-Meat Firms, Says Impossible CEO

The United States based alternative meat company Impossible Foods is does not have any immediate plans to list itself publicly, said the company’s CEO Pat Brown in a television interview.   “Right now, I think it’s not the right time for us to go public the Exchange,” ” Brown said,  ...

Qualcomm Leaves Out Huawei Business From Outlook, Shares Fall

Following the United States based chip maker Qualcomm Inc. forecasting losing out on business with China’s Huawei Technologies Co. in the near future and after its reported non-settlement revenue missed the estimates of analysts at Wall Street, the shares of the company dropped in the extended...
1 ... « 172 173 174 175 176 177 178 » ... 248