Waymo will start business in China.   According to a business registration filing, a company in Shanghai called Huimo Business Consulting has been registered by the driverless car division of Google's parent company, Alphabet.   The filing said that the major operations that...

The new owners of American agro-chemicals company Monsanto Bayer might have to shell out billions as the former faces a large number of lawsuits.   There are some who believe that the glyphosate-based weedkillers manufactured by Monsanto are carcinogenic.   The company lost a $289m...

Reports suggesting that Saudi Arabia had shelved its plan to sell some stocks of the state owned oil giant Aramco were denied by the country and reiterated that it would go forward with the public offering of $2tn stake sale to the public.   There was a report on Wednesday in Reuters that...

There has been severe criticism of Nike after the sport apparel maker sold a balaclava which has been alleged to is related to stereotypes of black youths who are related to gang violence according to critics.   At the center of the controversy is the Nike x MMW balaclava which is a full...

Africa is the new frontier for the largest manufacturer of air conditioning equipment - Daikin Industries. The company has been successful in the Asia in its efforts for a decade since it took the risk of sharing the technological expertise it possessed with a Chinese company.   It was about...

In an effort to seek avenues of moving into low sugar beverages, Pepsi has decided to buy one of the better-known brands of sparkling water.   SodaStream which is an Israeli firm that offers do-it-yourself seltzer makers is to be bought over by the soft drink giant for $3.2 billion, Pepsi...

Subpoenas have bene sent to Tesla Inc. by the U.S. Securities and Exchange Commission in relation to the plans of the company’s Chief Executive Elon Musk to privatize the company and in relation to the statement issued by Tusk where he had claimed that finding for the plan had been “secured,”...

An upbeat assessment for the digital news and real estate assets of Rupert Murdoch’s News Corp was used by the company to waive off the latest annual loss that the firm has incurred.   A net loss of $1.4 billion for fiscal year 2017/18 was reported by the worldwide publishing group which was...

Investors of Tesla Inc sued the company and its Chief Executive Elon Musk twice on Friday alleging that both the company and the CEO had wrongfully constructed a scheme to put pressure on short-sellers which included the tweet by Musk where he proposed taking the company private.   It was...

It has been a long wait – for years, for the Swedish furniture company Ikea, to enter one of the largest consumer markets in the world – India   The first retail store was launched by the Swedish furniture company in the Southern city of Hyderabad for Indian consumers and the company is...

The first decline in the number of active daily uses in Snapchat after the company introduced a controversial redesign was announced by Snap, the parent firm of the social media platform.   Despite this the analysts were presently satisfied with the revenue figures reported by the company...