Concerned with the phenomenal increase in the incidents related to blade attacks in the United Kingdom, retailing giant ASDA has announced that it would stop selling single kitchen knives at its stores across the country.    Britain has in recent times been struggling to cope up with...

In an attempt to shed its rigid outlook and to create a friendlier environment for customers, Goldman Sachs, one of the largest banks of United States has decided to start off with relaxing its prescribed dress code for its staff. Many analysts also view this to be a move by the Wall Street giant...

A nine-year-old government ban on foreign direct investment (FDI) in the Indian cigarette industry has been apparently flouted by Philip Morris International Inc for years through paying manufacturing costs to its Indian partner to produce its Marlboro cigarettes, claims a report by the news agency...

United States based electric car maker Tesla would come up with its Model Y crossover within a period of two weeks, according to its founder and CEO Elon Musk. This is seen as an attempt by the company and its billionaire owner to provide some silver lining to the company’s growth narrative amidst...

United States based electric car maker Tesla has finally announced that it would rout the much awaited affordable electric car priced at $35000 for the public. The company said that the roll out could help Tesla to finally venture into the middle class car owners of America.   The company...

While not expecting to see any improvement or turnaround of the credit cycle thus year, US banker JPMorgan Chase said that it is undertaking measures to ensure that it is ready to take advantage when there is an actual reversing of the credit cycle.   According to a presentation Tuesday at...

With the aim of building its portfolio for haemophilia treatment and to keep up with rivals in gene therapy, Spark Therapeutics was announced to be bought by the Swiss drug maker Roche Holding in a deal that would be worth $4.3 billion.   The Swiss company said in a statement that the...

With the aim of convincing its investors that the billions of dollars that Intel had invested in the research and development for creation of 5G technology would reap benefits for the company, Intel Corp announced on Monday about new chips and partnerships.    Intel had acquired German...

While stressing its market position of being a global leader in smartphone manufacturing, Chinese telecom giant Huawei lauded the latest comments made by United States President Donald Trump about the future of U.S. mobile communications on Sunday.   These comments from the Chinese company...

In an effort to beset the innovation jinx that it has been facing, South Korean tech giant Samsung provided the first glimpse of its latest smartphone with a foldable screen.   However doubts have already been cast over the new products as questions are being raised whether it would attract...

A record fine for France was announced by a Paris court against Swiss banking giant UBS. The fine amounted to 3.7 billion euros or $4.2 billion and is a landmark in tax fraud related fines in the country.   The conviction of the largest bank of Switzerland was based on the court finding true...