Global healthcare giant Johnson & Johnson (J&J) reported a 14 per cent dip in its profits for its first quarter because of increasing legal costs as the company negotiates thousands of lawsuits against it over allegations that its talc baby powder was causing harm to users. the company has...

The often criticised but rampant work culture of gruelling overtime at many of the tech companies of China has been defended by the billionaire founder of the Alibaba Group Jack Ma. He has said that such a work culture is a "huge blessing" especially for the young employees.   These comments...

Following the announcement of the long awaited launch of its streaming services and some positive reviews and comments about the proposed business where in they said that the aggressive pricing strategy of the video streaming services is good enough to help it rival the likes of Netfilx and Amazon,...

The US ride hailing company Uber opened up its finances in a prospectus on its IPO on Thursday as it prepares for the largest initial public offering in years.    While there is much enthusiasm about the IPO among investors and analysts, questions about the sustainability of the...

According to a statement issued by US electric car maker Tesla on Thursday, new investments in the Gigafactory of Tesla would be made as needed jointly by Panasonic Corp and the U.S car maker.   In a separate statement, Panasonic said that before taking a final call on investments for...

A new lawsuit filed against the United States airplane maker Boeing has accused the plane maker of defrauding shareholders because the company has not made public the deficiencies in its 737 MAX planes before two of the planes crashed in two separate fatal accidents five months apart which led to...

In its first ever initial public offering (IPO), ride hailing company Uber would be putting up about $10 billion worth of stock for sale and is set to get its offer publicly registered this week, reported news agency Reuters citing sources with information about the matter.   Uber’s IPO...

According to a report published by the news agency Reuters, the  French glass bottle maker Verallia is being prepared for a stock market listing later this year by buyout group Apollo. The report also stated that this would possibly be the largest French initial public offerings of the year....

The 737 MAX has been the best selling model of Boeing but it has been grounded across the world following two deadly crashes which has put the model at financial risk which probably pushed the company to announce a production cut for the planes this month.   With the aim of focusing more on...

After announcing it just a week ago, US tech giant Google has announced the reversal of its plan to setting up of its new artificial intelligence ethics council. And just days ago, the removal of the president of a conservative think tank from the group was demanded a group of its employees....

In case there are harmful content published on social media platforms, the executives and bosses of the platform could be held personally responsible according to new government plans in the United Kingdom.   According to media reports published very recently, a new "duty of care" would soon...