Chinese regulators have been pressing top executives at ride-hailing big Didi Global Inc to devise plans to remove the company of the New York Stock Exchange due to security concerns regarding data Two people who have experience in the field have told Reuters.   China's strong Cyberspace...

Jamie Dimon, the CEO of JP Morgan, has apologized for claiming that his Wall Street firm will outlast China's Communist Party.   The remarks, delivered at a US event, infuriated Chinese officials, who warned that they may jeopardize the bank's aspirations in the nation.   "I regret...

Prior to the Korean conglomerate, Samsung made the announcement that it would be building a new semiconductor chip factory worth $17 billion, very few people in the United States knew the name of the small town of Taylor in Central Texas, said Williamson County Judge Bill Gravell.   Local,...

According to reports published in the media, notifications of delay in delivery of its electric vehicle – that R1S SUV, is being sent to those who had booked the vehicle by the electric vehicle (EV) maker Rivian Automotive Inc, a start6up that has the backing of Amazon.   Following this...

On Wednesday, Toshiba Corp's second-largest shareholder expressed opposition to the Japanese conglomerate's proposal to divide itself into three businesses, instead urging it to seek offers from possible purchasers, according to a report by the news agency Toshiba.   In a three-page letter...

The Norwegian robotics company AutoStore is expecting a hit to its earnings margins in the short term, because of a shortage in supply of some of the critical components used for its products, the company said this week. Prior to making this forecast, the company also reported a 59 per cent year on...

The United States based tech giants Amazon.com and Apple Inc have been slapped a fine totaling more than 200 million euros ($225 million) by the antitrust authority of Italy over charges of the companies being allegedly involved in anti-competitive cooperation related to the marketing and sale of...

It’s much talked about electric car is being pushed to be launched by as soon as 2025 while the iPhone maker is now concentrating on developing complete self-driving capabilities for the planned electric vehicle, claimed a news report published by Bloomberg News quoting sources that have knowledge...

Growing rivalry in an increasingly crowded business space has forced a downgrading of its anticipated annual revenue growth by the Chinese e-commerce behemoth Alibaba Group Holding Ltd. That pushed down the shares of the company by 11 per cent.   The company now anticipates that growth in...

The antitrust body of India has been given a time period of two weeks by an Indian court to ascertain if authorities were misled by Amazon while it sought regulatory approval for a deal with India's Future Group in 2019, said reports quoting a body of Indian retailers.   The case that drew...

Accusations of the United States based electric car company Tesla of "flagrantly" breaching a contract linked to stock warrants following a recent surge in the company’s stocks were leveled in a lawsuit by JPMorgan Chase & Co in which the lender demanded compensation of $162.2 million.  ...