Companies | Ideals

Bill To Outlaw Trade In Dog Meat Passed By The Parliament Of South Korea

South Korea's parliament passed a bill on Tuesday to ban the consumption and sale of dog meat, outlawing the contentious centuries-old practice amid increased support for animal welfare. ...

The Two Priciest Cities In The World Are Singapore And Zurich

The Economist Intelligence Unit (EIU) has announced that Singapore and Zurich were tied for the most expensive cities in the world this year, followed by Geneva, New York, and Hong Kong....

Pocket wallets vs. smartphones: Can we replace cash with digital currencies?

The more than a decade-long history of cryptocurrency has clearly demonstrated that the world is keen on the new form of money. The crypto frenzy has even prompted leading central banks to work on...

Buffett’s Successor Poised to Lead Berkshire into Next Chapter, Investors Eye Transition Closely

Tech Giants Clash Over ‘Preferential Treatment’ as Samsung Cites Reliance Precedent in $520M Tax Battle in India

Companies

PSA-Fiat Merger - French Shareholders Want Board Advantage Guarantee: Reuters

In the latest twist to the planned merger of PSA and Fiat Chrysler, a unique demand has been put forward by French shareholders: the companies should ensure that after the merger, they will continue to have a numerical advantage on the new board for the new company in the eventuality that the exit...

$130 Million For 6 Year Operations For Its Content Oversight Board Announced By Facebook

It has been over a year that a content oversight board is being attempted to be set up by the largest social media platform Facebook. While the company earlier shared a charter that outlined the new rules for content, its founder and CEO Mark Zuckerberg has also outlined his vision or the...

Boeing No Longer Expects 737 MAX Return To Air By 2019

Following a meeting between the Boeing Chief Executive Dennis Muilenburg and senior US officials from the United States aviation regulator - the Federal Aviation Administration, the US plane maker said that it was withdrawing its aim of getting approvals from the regulator for the returning in air...

$2trillion Valuation Touched By Saudi Aramco In Day 2 Of Trading

The Saudi Arabian oil giant Saudi Aramco ultimately crossed the $2 trillion valuation mark as projected by the Saudi Crown Prince Mohammed bin Salman four years ago on the second day of trading as a publicly traded company on Thursday as the company’s shares rose in value. The value of its...

Large Tech Companies, Including Google, Facebook, No Longer Most Preferred By Employees

For long, some of the largest global tech companies such as Facebook Inc. and Alphabet Inc.’s Google have been considered to be among the best organizations to work for as they offer very good payments and compensation and perks along with the host of benefits for their employees. However...

Canadian Court Allows Huawei's CFO Permission To Access More Evidence About Her Arrest

Huawei's Chief Financial Officer Meng Wanzhou, who is under house arrest in Canada, and her lawyers will now get access to more evidence and documents relating to her arrest following a win in a local court there as a part of her efforts to prevent her extradition to the United States. ...

The Latest Fast Food Chain To Join Vegan Race Is McDonald’s

Fats good giant McDonald's will be venturing into the arena of offering fully vegan meals in the United Kingdom after in its home country of United States. McDonald's will be the latest addition in the growing list of fast food chains doing so catering to the growing demand for vegan foods in many...

Tesla Announced It Secured Chinese Subsidy On Its Cars Made In China

Large government subsidy on purchasing of electric has been one of the drivers for the stupendous growth of demand and sale of electric cars in China. And this is something which is very crucial for the United States based all electric car maker Tesla which is completely focused now on penetrating...

3045 Sexual Assaults And 9 Murders On Uber Rides In US Last Year, Reveals Company Report

The first ever safety report about its rides in the United States for the entire of 2018 and part of 2017 shows that the ride hailing firm Uber received 3,045 sexual assaults complaints during the period from riders availing rides of the company. While there were 58 deaths in car accidents...

More Scrutiny Could Be Accorded By Pichai To Alphabet's Moonshot Ventures

A section of Alphabet investors are hoping that a hard look at the cash-burning ventures that were strongly supported by the founders of Google will now be scrutinized extensively following the change of leadership at the company with the stepping down of both the founders. After...

A Battery Joint Venture To Be Set Up By GM And LG Chem In US

South Korean firm LG Chem announced the setting up of a joint venture with the United States based auto giant General Motors. The firm said that it would make an investment of $916 million in the project through its US subsidiary by 2023. The two companies would be working together to develop...

Uber’s European Rival Bolt To Break Even In Most Of Its Markets, Says CEO

One of the major competitors for the loss making US ride hailing startup Uber – the Estonian ride-hailing firm Bolt, claimed that in the majority of the countries it operates in, it is starting to break even. The CEO of the company Markus Villig said in an interview to a television channel...