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Huawei Pulled Up By UK Over Network Security, More Flaws Revealed

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...

Ethiopian Airlines still 'believes in Boeing' despite 737 Max crash, CEO says

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...

US Probing If Regulators Were Misled By Boeing Over Safety Of 737 Max: WSJ

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...

Pinterest Preparing For Possible April IPO Launch

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...

Nike Reports Drop In N. America Sale, But Wall Street Still Enthusiastic

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...

UPS Plans US Vaccine Pilot Project To Venture Into In-Home Health Services

With a new venture in to the healthcare segment, United Parcel Service Inc is now planning to expand beyond simply delivering parcels in the United States.     According to reports, a pilot project that would see the company dispatching nurses to vaccinate adults in their homes to...

1.49bn Euros Slapped On Google By EU Over Antitrust In Advertising

Google has been slapped a fine of 1.49 billion euro ($1.68 billion) over charges that the company had abused its dominance in the online advertisement market by regulators in the European Union.   The latest indictment an fine against Google is the third occasion that the United States based...

New US Cancer Ruling Over Its Herbicide Sends Bayer Shares Plunging

Following a second jury ruling in a court in the United States that German chemicals and pharmaceuticals giant Bayer’s top selling pesticide Roundup – manufactured by Monsanto which it recently acquired, is a cause of cancer, shares of the firm dropped significantly in early trading in Germany....

Keurig, Owner Of Budweiser, Continues With Launch Of Its At-Home Cocktail Maker

The faltering performance of both companies - Keurig Dr Pepper and Anheuser-Busch InBev, are driving the two companies to quickly move forward to create a joint venture with each other that is intended to ensure increased sale for both.   As a first step, the companies have together...

Ford Will Again Increase Production Large Suvs In US For Higher Profits

In recent years, United States car customers have shown their increased leanings towards larger, more comfortable vehicles and Ford, eager take advantage if that trend, has decided to increase its largest sport utility vehicles for the US market.   Ford executives said in a media briefing...

33% Women Membership In Board Of UK Companies By 2020 A Must, Says A Govt. Backed Review

The Investment Association, a financial sector trade body, and the United Kingdom government supported Hampton-Alexander review urged the appointment of more women in the company boards of a large number of famous companies including names such as Domino's Pizza, JD Sports and Greene King. Letters...

The Last US Airline To Stop Flights To Venezuela Is American Airlines

Following a warning issued by the Allied Pilots Association union – a national body of US pilots, about its member pilots flying to Venezuela, all flights to the South American country was suspended by American Airlines. The airline has about 15000 pilots who are members of the Allied Pilots...
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