TotalEnergies, a French energy business, announced on Friday that it has chosen to quit Myanmar due to the country's deteriorating human rights situation, making it the latest Western company to leave since a military coup took over the country last year.   Myanmar security forces have...

Semiconductor makers across the world are striving to get an edge in this fast growing industry.    This was evident in the United States based global chip maker Intel placing its first order with ASML for purchase of a new and more highly advanced chip making machine that the company...

The blockbuster market debut in November last year of the electric vehicle maker Rivian Automotive Inc has helped Ford Motor Co to a $8.2 billion gain on its investment in the startup which the company said will get reflected in its fourth quarter results.     Rivian's stock had climbed...

Consumer product giant Unilever will continue to try and have a merger with GlaxoSmithKline's consumer healthcare sector following the rejection of a 50 billion pound ($68.4 billion) offer by it earlier. Unilever believes that GlaxoSmithKline's business it wants to merge will be "great strategic...

According to a report published by the news agency Reuters, US-based electric car maker  Tesla Inc intends to begin initial production of its much-anticipated Cybertruck by the end of the first quarter of 2023.   This is a postponement of its initial plans of starting production of the...

Since it expects doctors and other healthcare providers to want to have lesser instances of face to face interactions with people from the sales department of companies after the end of the Covid-19 pandemic and therefore the drugmaker Pfizer Inc would be cutting down on its sales staff in the...

The luxury car maker Mercedes-Benz wants to start manufacturing its EQS electric sedan locally in India some time this year. This is a part of a larger effort to electrify its portfolio in Asia, according to the president of the company's Indian unit.   Mercedes aims to begin selling the...

Tesla Inc has inked its first deal for ensuring the supply of nickel in the United States, opting for Talon Metals Corp's Tamarack mining project in Minnesota because of its ambitions to manufacture the electric vehicle battery metal in a more environmentally friendly manner.   The...

According to an executive of Merck, the Covid-19 oral pill of the company called molnupiravir is able to perform in a manner of action that can work against the Omicron variant of the coronavirus variant as well as any other variant of the virus.   "We're very confident that it will affect...

Toshiba Corp's second-largest shareholder gave a call for an emergency general meeting on Thursday, attempting to force the corporation to secure two-thirds backing for a three-way separation plan that has enraged several significant overseas owners.   The plan by 3D Investment...

The United States based auto giant General Motors Co has been dethroned as the largest auto seller in the country by Japanese automaker Toyota Motor Corp in 2021 as Toyota sold more vehicles in the year. This is the first time that such a thing has happened since the Detroit automaker has become...