The race for creating more efficient pickup trucks among automakers is getting hotter as Ford Motor Co intends to gain some marketing edge over rivals in this segment and plans to unveil and launch a diesel engine version for its best-selling F-150 pickup truck in the spring.   The F-150...

While stressing that there had been no reports of any known hacking or even attempts to do so, iPhone manufacturer Apple Inc. has said that the chip security bug that was detected and revealed earlier this week, have the potential of affecting all of its Mac computers and iOS devices such as the...

The biggest rocket launched so far is going to be sent to space by SpaceX.   The rocket has been named the Falcon Heavy and would be launched by end of the month. This was announced by the Chief Executive of the company Elon Musk through social media earlier this week.   The...

The national oil giant Aramco of Saudi Arabia has been turned into a joint-stock company from first January this year. This is being viewed as a crucial measure for the company set to make initial public offerings (IPO) sometime later t his year.     Saudi Arabia wants to amass money to...

Travis Kalanick, who is the co-founder of the ride hailing company Uber and who was removed from his position as chief executive in June last year, is reported to be selling off at least two thirds of his share in the ride hailing company.   According to media reports quoting sources with...

Talks between the Thai government and some other possible backers and the London-listed Metal Tiger has started, the company said, even as it fights on with its dispute with Australian gold miner Kingsgate Consolidated before a shareholder meeting early next year in Sydney.   The...

The re-hauling of the U.S. tax rates by President Donald Trump would cost about $5 billion in earnings hit for Goldman Sachs Group Inc. The lender said that the hit would take place in the fourth quarter.   This is the first time that a major U.S. bank has provided any details of the...

The software that Apple Inc. used to display to users whether their phone battery is good would be changed by the company in addition to the iPhone maker reducing the prices for the replacement of its batteries. This was announced by the company recently after the company faced huge flak from users...

Crown Prince Mohammed bin Salman of Saudi Arabia has bene trying to transform the conservative society a high-tech look and for this purpose licensing discussions between Apple and Amazon with Riyadh on investing in the kingdom are ongoing, reported international news agency Reuters, citing two...

There have been suggestions made about the demand for iPhone X demand potentially going down lower than expected in the firsts quarter of this year in a report by Taiwan’s Economic Daily and according to comments from some analysts. This has resulted in the fall in the shares of a number of the...

A loan of about $1 billion has been agreed to be rolled over by banks for Dubai International Capital LLC according to sources quoted in media reports.   The reports quoted people who requested not to be identified since the information is private saying that the private-equity firm has...