Even as Japan’s investment conglomerate SoftBank reached a deal to takeover United States based office space sharing firm WeWork through owning a majority stake at the company, the deal has come as a boon for the beleaguered co-founder of WeWork - Adam Neumann. He is slated to part the company with...

Japanese auto giant Toyota has stressed that it would soon bring in its battery electric vehicles (BEVs) into the large Indian market.   The first all-electric car to be manufactured by Toyota India in collaboration with the Indian auto major Maruti, Toyota's chief technology officer,...

Weak demand for construction and mining equipment all over the world has drive the industrial equipment manufacturer Caterpillar to report a larger than expected drop in revenues for the third quarter of the current year. This forced Caterpillar, which is also known as the industrial bellwether, to...

France did not only win on the field at the 2018 Russian Soccer World Cup. The company based in the west of the country provided nearly 30 team shelters where the Mbappé, Ronaldo and Messi of the world sat for several weeks. Feedback from an exciting experience with Metalu Plast's Marketing &...

Despite spending heavily in promotional activities through the quarter, the largest fast food chain of the world McDonald’s did not manage to draw enough US consumers away from the competition and consequently performed worse than expected in the quarter. This was the first such performance of the...

Japan’s investment firm SoftBank Group Corp has clinched controlling stake of WeWork by paying off its co-founder Adam Neumann and with an investment of more than $10 billion to add on to the significant investments made by the company earlier.   This deal ensures a secure future for WeWork...

Two 5G smartphones have already been launched by the rising Chinese tech giant Xiaomi this year.   And the company has now announced that it would be launching 10 new models of 5G complaint phones in the next year. This was announced by the company CEO Lei Jun.   The company has...

Japan’s investment company SoftBank Group Corp does not want to take the onerous lease obligations of the U.S. office-space sharing firm WeWork but want to pick up a controlling stake in the company, claimed a report from the news agency Reuters citing information from people with knowledge of the...

The longest flight in the world – a non-stop flight from New York to Sydney, was just tested by successfully by Qantas.   The flight - QF7879, took 19 hours and 16 minutes to complete the journey.   The test flight was conducted to see how passengers and crew could be kept adequately...

Tiny amounts of asbestos contamination were found in samples from a single bottle that was purchased online of Johnson & Johnson’s baby powder which has forced the company to recall one lot of its Johnson’s Baby Powder.   Voluntary recalling of a small batch, #22318RB, is being made by...

A report published by the news agency Reuters quoting a Huawei executive said that the Chinese telecom equipment making company Huawei, which was been blacklisted by the United States in May this year, is in talks with a number of American telecom companies with respect to licensing of its 5G...