Sections

ideals

Business Essentials for Professionals

Companies

UK Court Clears Mass Case Filing Against Google Over Data Illegal Data Access

Mass action against Google can now be taken by iPhone users of the United Kingdom following a ruling by the Court of Appeal in London to allow the cases. This ruling overturned an earlier court ruling by high court preventing the filing of the cases. The case is centred around allegations that...

Tesla To Start Production In Its China Factory By This Month: Reports

According to reports, the factory set up by the United States based electric car maker Tesla is slated to begin production as early as this month. However the reports, quoting unnamed sources with knowledge of the matter, also warned that it was not clear whether the company would be able to meet...

Fiat Chrysler To Settle SEC Charges Of Fudging Car Sale Numbers For $40 Million Fine

Charges against Fiat Chrysler of allegedly lying for years to its investors about the number of cars it was selling will be settle after the auto company agreed to pay a $40 million fine.   According to a statement from the United States Securities and Exchange Commission (SEC), a data base...

With An Eye On Growth In Europe, Google To Open Up Cloud Hub In Poland

With an eye to tap into the growing sale opportunities for cloud computing all across Europe, the United States based search engine giant Google is going to set up a new cloud computing hub in Poland, the company announced on Friday.   This announcement also is reflective of the aim the...

WeWork’s Former Chief Neumann Voted Against Himself To Get Himself Ousted: Reuters

The now former chief executive of the United States based office space renting company WeWork – Adam Neumann, voted against himself to remove himself from the position during a voting at the board of directors on Tuesday, after the company failed to get listed in the stock exchange, claimed a...

Investigators Have Sought Information About Google From It, Says Oracle: Reuters

United States congressional and state investigators, who are currently looking to allegations of violation of antitrust laws by Google, has sought information on the matter from Oracle Corp which has had a conflict and business disputes with the Alphabet subsidiary.   Ken Glueck, an Oracle...

WeWork's Co-Founder And CEO To Quit Office Ahead Of IPO Launch

The founder and chief executive of the office renting company WeWork, Adam Neumann, will be stepping down from the post because it's in the "best interests" of the company.   The company said that this resignation would be applicable with immediate effect. He would however continue to hold...

Project Financing Debt Of Over $1B Sought From Banks By Saudi Aramco: Reuters

The Saudi Arabia based oil giant Saudi Aramco is reportedly seeking debt to finance some business plans and it has already requested banks to make offers for a debt financing of a project which is believed to be worth more than $1 billion, claimed a report published by the news agency Reuters on...

Survey Of Lloyd's Of London Discloses Deep Sexual Harassment Culture

Following one in every ten workers of Lloyd's of London reported that they were witness to incidents to sexual harassment, the institution has promised to change the male dominated culture at the company.   Almost 8 per cent of the employees of the institution said that they had been witness...

AB InBev Asia Unit’s Revived IPO Raises $5 Billion In Hong Kong IPO

The proposed initial public offering (IPO) of the largest brewer of the world Anheuser-Busch InBev NV (AB InBev) was launched this month after the company had decided to postpone it in July because of “several factors, including the prevailing market conditions”.   However this time the...

Huawei And China Mobile Contemplating Joint Bidding For Brazil’s Oi: Reports

According to a report published in the O Globo Newspaper, the possibilities for a joint bid for the Brazilian phone company Oi SA is being mulled by Chinese etch giant Huawei Technologies Co. and China Mobile Ltd.   Huawie is the largest telecommunications equipment making company in the...

Thomas Cook Seeks Bailout Package From The UK Government As Last-Ditch Effort

Travel firm Thomas Cook has sought the help of the United Kingdom government for a bailout package as the company is desperately trying to avoid a collapse after threats from its lenders about not supporting a proposed deal for merger with a Chinese firm, according to a report published in the...
1 ... « 162 163 164 165 166 167 168 » ... 242