United States based retailing giant Walmart Inc is reportedly currently negotiating for an investment of up to $25 billion that it wants to make in the new "super app" that is owned and operated by the Indian salt-to-software conglomerate Tata Group, claimed reports quoting sources with knowledge...

According to a report published in the news agency Reuters, French retail arm of the lender HSBC has been agreed to be bought by Cerberus and a rival investment firm for a symbolic one euro. However the precondition of the prospective buyers is that the British bank also makes an investment of more...

Over the next five years, a number of new vehicles in the growing Chinese market is being planned to be launched by Japan’s Nissan Motors. The company’s chief executive said that the he planned launch included those for electrical cars that could be crucial for the Japanese automaker to return to...

In the first move by Thailand in taking legal action against major internet firms, the government of the country initiated legal action on Thursday against Facebook and Twitter over charges that the two companies had ignored repeated requests to take down content that the government perceived as...

The Chinese owner of the popular short video sharing app TikTok, ByteDance, has been reported to have applied with the Chinese authorities for a tech export license as is now required under the emended tech export low of the country even as it is trying to seal a deal with two American companies...

While claiming that its supply chain was being targeted and attacked by the United States, the Chinese telecom equipment and smartphone maker Huawei on Wednesday also called on the US president Donald Trump’s administration to reconsider the trade restrictions that it had imposed on the firm which...

United States listed electric car maker Tesla lost $50 billion of its market value on Tuesday with investors losing confidence despite company C EO Elon Musk pledging to radically cut down on costs of electric vehicle making possible a $25,000 car that drives itself but after at least three years....

Three visual concepts of plane with "zero-emission" that will be powered by hydrogen was unveiled recently by Airbus.   This unveiling is being viewed as the latest effort of the European plane making giant to draw attention of the public towards its "zero-emission" ambitions in the wake of...

In a major push to conserve cash so that a complete overhaul of the business is possible and greater focus is to be laid on renewable energy and power markets, up to 40 per cent off the cost of producing oil and gas is being targeted to be slashed by Royal Dutch Shell, claimed a report from the...

Chinese tech giant Tencent Holdings Ltd, the owner and operator of the messaging app WeChat, has said that it could find it difficult to convince new users to join its platform in the United States while a challenge a ruling by court in the US in favor of the company that prevents a ban on the...

The Chinese financial technology firm Ant Group moved a step closer to making a dual listing as the company managed to get an approval from the Shanghai Stock Exchange for a domestic initial public offering. This as announced by the bourse said on Friday.   Analysts expect that the combined...