The largest soda maker of the world Coca Cola comfortably beat market estimates for both 5revenues generated and profits made on the revenues for the recently completed quarter. Announcing the results the company said at its performance during the quarter was driven by strong "at-home" sales as the...

Services that will allow its users to make in-app purchases and hosting would now be offered by WhatsApp, said the app owner Facebook Inc.   Analysts view this latest move by the company as a part of its efforts to boost revenue from the app while also stitching together an infrastructure...

Following years of stunted progress, retailing giant Walmart Inc is now aggressively expanding its advertising business even while its proposal for a deal to purchase a stake in the popular Chinese video sharing app TikTok still remains uncertain.   Better utilization of its treasure trove...

A surge in demand and sale for its cleaning products because of the novel coronavirus pandemic prompted consumer goods giant Procter & Gamble Co to raise its annual sales forecast on Tuesday.   The company said that during the pandemic the sale of its cleaning products increased by as...

The advanced cryptographic technology for data protection tat Toshiba has developed and offered to customers will generate about $3 billion in revenues by 20203, said the Japanese tech company Toshiba Corp on Monday.   This comment was made by the Japanese sprawling conglomerate amid its...

An additional investment of $3.6 billion to increase its stake in hypermarket operator Sun Art Retail Group Ltd was announced on Monday by Alibaba Group Holdings. Analysts say that this investment will help to further strengthen the company’s position in the retail market in China.   ...

Taiwanese tech company and Apple Inc’s largest assembler Foxconn has set itself a target of achieving a position to be able to supply components or its services for at least 10 per cent of the total electric vehicles of the world between 2025 and 2027.   The company’s Chairman Liu Young-way...

The "we" moniker of the parent of money-losing shared office provider WeWork – the We Company, will be dropped by it and it would be known by its former better-known name, said a report citing an internal memo. Last year, WeWork was forced to cancel its plans for a stock market listing following...

The service offerings by the ride hailing company Uber’s food delivery business, Uber Eats, have been expanded in the South African market with the launch of an app-based over the counter medicines service. Analysts said that the company aims to gain market share quickly in the fast-growing online...

The Chinese tech giant Huawei Technologies Co Ltd is planning to sell parts of its Honor smartphone unit and is in negotiations for the same with Digital China Group Co Ltd and other companies, claimed reports citing sources. It is expected that Huawei is planning to generate up to 25 billion yuan...

A plan to reduce their portfolio of high carbon emission assets by as much as 29 per cent within the next five years was announced by thirty of the largest investors of the world who together managing a combined $5 trillion of assets.   The group of investors is called the Net-Zero Asset...