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1.49bn Euros Slapped On Google By EU Over Antitrust In Advertising

Google has been slapped a fine of 1.49 billion euro ($1.68 billion) over charges that the company had abused its dominance in the online advertisement market by regulators in the European Union.   The latest indictment an fine against Google is the third occasion that the United States based...

New US Cancer Ruling Over Its Herbicide Sends Bayer Shares Plunging

Following a second jury ruling in a court in the United States that German chemicals and pharmaceuticals giant Bayer’s top selling pesticide Roundup – manufactured by Monsanto which it recently acquired, is a cause of cancer, shares of the firm dropped significantly in early trading in Germany....

Keurig, Owner Of Budweiser, Continues With Launch Of Its At-Home Cocktail Maker

The faltering performance of both companies - Keurig Dr Pepper and Anheuser-Busch InBev, are driving the two companies to quickly move forward to create a joint venture with each other that is intended to ensure increased sale for both.   As a first step, the companies have together...

Ford Will Again Increase Production Large Suvs In US For Higher Profits

In recent years, United States car customers have shown their increased leanings towards larger, more comfortable vehicles and Ford, eager take advantage if that trend, has decided to increase its largest sport utility vehicles for the US market.   Ford executives said in a media briefing...

33% Women Membership In Board Of UK Companies By 2020 A Must, Says A Govt. Backed Review

The Investment Association, a financial sector trade body, and the United Kingdom government supported Hampton-Alexander review urged the appointment of more women in the company boards of a large number of famous companies including names such as Domino's Pizza, JD Sports and Greene King. Letters...

The Last US Airline To Stop Flights To Venezuela Is American Airlines

Following a warning issued by the Allied Pilots Association union – a national body of US pilots, about its member pilots flying to Venezuela, all flights to the South American country was suspended by American Airlines. The airline has about 15000 pilots who are members of the Allied Pilots...

Apple To Pay Qualcomm $31 Million In Patent Violation Case

A US jury arrived at an opinion that three Qualcomm patents had been violated by Apple Inc and therefore a fine of $31 million would have to be paid to the chip maker by the iPhone maker for infringement of patented technology. This is a boost for Qualcomm as the company prepares to get into...

Tesla's SUV Launch Overshadowed By Concerns Over Demand And Cash Burn

While experts and analysts were concerned about the US electric car market Tesla not having addressed the issue of a slowdown of demand for some of its models, investors were apparently worried about whether the company would be burning more cash as the company unveiled an electric sports utility...

General Electric Forecasts Weaker Than Expected 2019 Earnings

The 2019 earnings guidance issued by General Electric missed the expectations of analysts as the company also warned that it would be burning up as much as $2 billion in cash for its industrial division. The CEO of the company Larry Culp also warned that for the conglomerate, the first quarter of...

Software Upgrade For Its 737 Max To Be Issued By Boeing Within Weeks

Two fatal crashes of the Boeing's 737 Max 8 aircraft in a space of four months has resulted in an increasing number of countries either grounding to banning the use of the crafts. This has put the US plane maker Boeing under significant pressure for the first time since the issues it had about the...

KFC Outlets To Be Opened At Chinese Gas Stations By Yum China

Amidst a slowing domestic demand, Yum China Holdings is aiming to take advantage of a new growth area and has decided to tie up with two biggest state oil giants of China to open up fast-food outlets at the gas stations across the country through the franchise route.   In the next three...

Tesla Not To Close Its Physical Stores, Will Increase Price Of Cars

United States based electric car maker Tesla announced in a blog post its intention to reverse its decision of closing down most of its physical stores and shift all of its sale online. To account for the cost of the keeping all of the physical stores open. Tesla also announced that it would have...
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