Over the last six years, the one day shipping delivery mechanism for Amazon.com Inc has helped the company to create a transportation and delivery network that is able to deliver almost as many packages as that by FedEx Corp.   This one day shipment delivery helped Amazon to record a very...

The measures being taken by one of the oldest and largest teach giants of the world - International Business Machines Corp or IBM as is better known, to redefine and rejuvenate itself and find new ways of doing business will now see its long standing Chief Executive Officer Ginni Rometty to be...

According to analysts, the American e-commerce giant Amazon is likely to make good forecasts for future quarters which will help stir its share prices up. The company recently announced very good fourth quarter results which beat analysts’ estimates by a fair distance.    One of the...

The decision of the United Kingdom to limit the role of the Chinese telecom giant Huawei to some non-core parts of its 5G network will hit it with an amount of £500 million (US$650 million) in the next five years, said the BT Group.   In order to determine the full impact on its plans, a...

Revenues increases from licensing of Windows and Surface and Office products drove the total revenues of Microsoft up in their second quarter for 2020 with total revenue of $36.9 billion and net income of $11.6 billion. Earlier this week, the company ended its support for Windows 7.   The...

The profits and cash flow for the last three months of 2019 for General Electric Co beat analysts’ estimates with growth in its aviation business, the company announced. Despite this a moderate profit target was set by the company for 2020.    This was the fourth quarter in a row that...

Despite a slowdown in China – its largest market for iPhones outside of the United States, tech giant Apple reported its largest revenue ever and record quarterly profits for the last three months of 2019 driven by a surge in sale of iPhones.   This strong performance however comes amid...

One of the major appliance manufacturers of the world Whirlpool posted better than expected results for the fourth quarter while predicting profits for 2020 well over the expectations of analysts. The company manufactures and markets Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana,...

The European plane maker Airbus is set to potentially face billions of dollars in penalties as it has agreed to come to a settlement with regulators in the United Kingdom, France and the United States in relation to a bribery and corruption probe.   An agreement in principle over charges of...

The Federal Aviation Administration (FAA) of the United States – the regulator for airline safety of the country has said that it is pleased with the advancements made by the plane maker Boeing in its efforts to convince the regulators to allow the now grounded Boeing 737 Max planes to fly again....

There was a sharp rise in fourth-quarter core earnings for Ericsson as reported by the Swedish telecoms equipment group. It however said that this quarter is traditionally its best season which was hit by a slowdown in its business in the United States despite it doing good in the market in recent...