While many of the largest auto companies of the world are engaged in a race to develop and roll out plug-in electric vehicles partly as a reaction to the demands of climate change, Japanese auto major Toyota is putting its bet by completely backing an alternative source of power for its cars....

The Santiago, Chile-based startup online grocer Cornershop will have a investment from Uber against a major stake in the company which will allow the United States based ride hailing firm to expand its geographic reach and possibly enhance its profits by offering rides with food delivery.  ...

Walmart US president and CEO Greg Foran has been appointed as the new chief executive of the airline company Air New Zealand by the company’s board of directors.   Foran, a New Zealand-born, is currently in-charge of about 4500 retail stores United States of the largest retailer of the world...

An Australian farmer has claimed that he has developed a type of cancer that was caused by the weedkiller of Bayer AG’s agricultural chemicals unit Monsanto, following which the farmer has filed a legal case against the company, said the lawyer for the man on Friday.   According to Tony...

Mass action against Google can now be taken by iPhone users of the United Kingdom following a ruling by the Court of Appeal in London to allow the cases. This ruling overturned an earlier court ruling by high court preventing the filing of the cases. The case is centred around allegations that...

According to reports, the factory set up by the United States based electric car maker Tesla is slated to begin production as early as this month. However the reports, quoting unnamed sources with knowledge of the matter, also warned that it was not clear whether the company would be able to meet...

Charges against Fiat Chrysler of allegedly lying for years to its investors about the number of cars it was selling will be settle after the auto company agreed to pay a $40 million fine.   According to a statement from the United States Securities and Exchange Commission (SEC), a data base...

With an eye to tap into the growing sale opportunities for cloud computing all across Europe, the United States based search engine giant Google is going to set up a new cloud computing hub in Poland, the company announced on Friday.   This announcement also is reflective of the aim the...

The now former chief executive of the United States based office space renting company WeWork – Adam Neumann, voted against himself to remove himself from the position during a voting at the board of directors on Tuesday, after the company failed to get listed in the stock exchange, claimed a...

United States congressional and state investigators, who are currently looking to allegations of violation of antitrust laws by Google, has sought information on the matter from Oracle Corp which has had a conflict and business disputes with the Alphabet subsidiary.   Ken Glueck, an Oracle...

The founder and chief executive of the office renting company WeWork, Adam Neumann, will be stepping down from the post because it's in the "best interests" of the company.   The company said that this resignation would be applicable with immediate effect. He would however continue to hold...