Japan’s SoftBank Group is set to launch an the initial public offering for its domestic telecom operations on December 18 this year, the Japanese firm is hoping to raise about 2.4 trillion yen ($21.1 billion) from the IPO.   In a statement issued by the Japanese technology group on Monday,...

The North American business is expected to be doubled for India-based motorcycle brand Royal Enfield by this year and is also setting its eyes to become a dominant player in the middleweight bikes category in the market. This is a market segment that is also being eyed by Harley-Davidson Inc which...

Apple Inc’s attempt to gain market share in the 1.3 billion market of India seems to be slipping and for good reason. The US tech giant recently brought down its revenue forecast for the complete year of 2018 primarily because of anticipated lower sale in emerging markets – mainly India.  ...

A drop in sale in Western Europe forced the German sportswear and fashion firm Adidas to reduce its target for revenues for the entire year of 2018 even though the company also simultaneously increased its profit forecast for the same period on the basis of increased sale of its top-end sports...

Following reports in the media on Monday that Apple Inc is set to stop increasing of production lines dedicated to its new iPhone XR, there was a fall in the stocks of the iPhone maker’s Asian supplier and assembler on Tuesday.   While there was a 5 per cent drop in the stocks of...

According to multiple media reports published on Tuesday, government approval for 16 new  trademarks were granted by the Chinese authorities to the fashion brand of the daughter of the US president Donald Trump, Ivanka. The trade mark permissions included one for a voting machine. Apart from...

The largest US bank by assets, JP Morgan Chase, will invest social work in France. The lender has announced that it will replicate an urban economic development strategy that it had initiated in Detroit, US, four years ago, would be replicated in the impoverished and underdeveloped areas around...

The costlier new full-size pickup trucks have driven General Motors Co. to report a profit of $2.5 billion in the third quarter which is a significant enhancement compared to the same quarter a year ago.   The Detroit automaker also reported a 25 per cent year-on-year increase in pre-tax...

An industrial and technology hub in the German capital Berlin would be constructed by Siemens with an investment of invest up to 600 million euros ($681 million) as the company seeks to trace its way back to its founding roots.   That part of Berlin where the company, which was place where...

As a part of the strategy to stage a turnaround under its new boss, General Electric dropped off most of its dividend for the third quarter as it also reported loss of $22.8 billion fir the quarter because of a major write down of assets.   In the same period a year ago, the company had made...

The future for the portfolio of cars for BMW is expected to be different from what its current form as the company attempts to add more of plug-in hybrid electric vehicles and full-fledged all-electric cars in the near future.   However, the R&D efforts of the luxury car maker is not...