The restrictions on the Chinese tech company Huawei imposed because of the black listing of the company by the US Commerce Department earlier this week can be scaled back to an extent because the blacklisting can make it impossible for the company to service the existing customers.  ...

The strategy of international trade war that is being followed by the administration of the United States President Donald Trump was a “major setback” for American consumers, opined Japan’s largest auto maker Toyota Motor. It also said that the moves also make the company feel that the investments...

According to claims made in a Reuters report, allegations of kickback payments related to a scheme of medical equipment sales in Brazil by corporate giants Johnson & Johnson, Siemens, General Electric and Philips is being investigated by the FBI.   The report claims, based on information...

Amazon is taking on Uber east globally through leading a $575 million fundraising and taking up a stake in the British online food delivery company Deliveroo as the race for gaining a dominant position in the market for takeaway meals heats up.   There were ripples through the sector over...

The first ever earnings report delivered by the tech company Pinterest since its listing in the stock exchange in the United States delivered a blow to the tech market which had kicked off the year on bullish note. The stock price of the company had increased significantly in the last one month...

The much expected software update for the 737 Max aircrafts has been completed by Boeing, the company announced on Thursday. The entire aviation industry had been expecting this upgrade following the grounding of all of the 737Max aircrafts throughout the world after two deadly crashes involving...

American telecom companies have now been banned from using telecom equipment form foreign companies that could be a threat to national security after the signing of an executive order by United States President Donald Trump even as the trade war between the US and China is escalating with new...

After the anti competition regulators in the United Kingdom turned down an attempt for the combination of British supermarket arm Walmart, the world's biggest retailer – Asda, with rival Sainsbury's, last month, the US retailer now plans to take the British subsidiary public into the stock market,...

The slowing down of the Chinese economy was offset by the Chinese tech and e-commerce giant Alibaba Group Holding Ltd in terms of sales and earnings driven by an overhauling of its shopping recommendations.   In the three months ended in March, the company revenues reported was 1.8% more...

The phones of users of online messaging app WhatsaApp were exposed to targeted spyware which could be installed on phones through voice calls because of cyber security breach, admitted the company on Monday. Both the iPhone and Android devices are affected by this breach. It is being alleged that...

A record 1.25 billion euros ($1.40 billion) would be paid to the 1.25 billion euros ($1.40 billion) by the French luxury goods group Kering for the settlement of a case that is related to the fashion brand Gucci of the company.   According to analysts, the cash reserves available with Kering...