Data from the retail industry of the United Kingdom has shown that for the first time in the last four years, the position for the second largest retailing chain in the country has been taken over by Asda by edging out Sainsbury’s in terms of market share. Asda has been targeted by Sainsbury7’s for...

The performance of the public markets has been good this year, according to the Casper CEO Philip Krim. He however refrained from saying whether his company would also get into the public sphere and launch an initial public offering, as had been reported earlier.     "I am excited...

A majority stake in autonomous vehicle pioneer Torc Robotics would be taken up by Germany’s Daimler Trucks and would make use of the technology available with Torc to work on highly automated trucks aimed for the U.S. market.   The companies did not disclose the financial terms of the deal....

Apple would no longer by developing its much awaited AirPower wireless charging pad and all plans of the company to that effect have been scuttled, the company said on Friday.   "After much effort, we've concluded AirPower will not achieve our high standards, and we have canceled the...

Despite it being the news for most of the year for the wrong reasons and despite a number of Western countries expressing concerns over national security because of the company and some even banning it from participating in the roll out of 5G networks, the Chinese telecom tech giant Huawei has had...

Warnings of profits being hit was issued by Anglo-German tour operator TUI which uses Boeing 737 MAX aircrafts in its business and which has been hit because of a worldwide grounding of the crafts following the Ethiopian plane crash.   It expected that the Boeing 737 MAX crafts would remain...

There was new pressure on the Chinese telecom equipment giant Huawei in the United Kingdom after the company was publicly rebuked by Britain over charges that the company had been for long not been able to fix defects in its mobile network equipment and the revelation of new “significant technical...

Despite the fatal crash involving a Boeing 737 Max 8 aircraft of the Ethiopian Airlines that killed all of the 157 people on board on March 10, the chief executive of the airlines has said that his company still "believes in Boeing".   The Boeing 737 Max 8 craft of Ethiopian airlines had...

A report published in the Wall Street Journal has claimed that the prosecutors in the United States is reportedly conducting a probe to ascertain whether incomplete or misleading information about the 737 Max aircraft was provided by its maker Boeing to the U.S. air-safety regulators as well as to...

In the path to its preparation for the launch of its Initial Public Offering (IPO), the United States based visual search engine which has been operational since a decade now, Pinterest unveiled its S-1.   It was two months ago that Pinterest which was been valued at about $12.3 billion in...

The reporting of the significant drop in revenues from sale in North American region, which was much lower than market expectations, resulted in a fall of 4 per cent in the shares of sports equipment and apparel firm Nike. This first drop in about year for Nike however did not prevent analysts at...