A “significant deterioration” in trading in the run-up to Christmas has led the United Kingdom online retailer Asos to issue sales and profits warning for the rest of the year.   The company “experienced a significant deterioration in the important trading month of November and conditions...

After the publication of a report by news agency Reuters which claimed that Johnson & Johnson had been for decades aware of the often presence of asbestos in its baby powder, there was a drop of 11 per cent in the shares of the company.    In September 2017, there was a report...

With the aim of gaining advantage of the booming digital economy of India, its own shopping aggregator service has been launched in India by Google.   The US tech giant has introduced the a new "shopping" tab on its search engine, its image recognition app Google Lens, a mobile-friendly web...

According to media reports quoting a couple of sources from a lead IPO underwriter, the strong demand for Japan's third-largest telcom company of SoftBank has been demonstrated because the demand from domestic Japanese investors for shares in its initial public offering is nearly double of the...

SpftBank is set to raise Japan's biggest-ever IPO at 2.65 trillion yen (US$23.5 billion) which would make the company a monolithic global tech investor from being considered to be a domestic telecom company of Japan.   1500 yen is the price of a stock that has been fixed by the telcom unit...

A court in China found that many of the older Apple Inc iPhone models that are being sold in the Chinese market violated two patents of chipmaker Qualcomm Inc and as such the court imposed a ban on the sale of such iPhone models even though Apple Inc has said that it continues to sell all of its...

According to a Canadian prosecutor quoted in news reports, the arrested chief financial officer of Huawei Technologies Co Ltd was behind creating a cover up of the links of the Chinese tech giant with a company that had attempted to sell its equipment top Iran amidst the US embargo. This was said...

According to media reports, the much awaited initial public offering (IPO) of Uber Technologies Inc is set to launch anytime soon as the company has reportedly filed paperwork for the purpose. This IPO has gain investors’ attention because of the controversial and fast growing nature of Uber. ...

There was a furious reaction by China to the arrest of a top executive and daughter of the founder of Chinese telecom giant Huawei in Canada after an extradition request was placed by the United States. This development has threatened to destabilize the temporary truce between the US and China was...

While Apple Inc. has been facing trouble with reduced demand for its latest launched iPhone models and with a number of its key suppliers and assemblers issuing profit warnings for the current year, the company’s shares were downgraded by lender HSBC.   Its analyst Erwan Rambourg downgraded...

Concerns of consumers and investors about the increase of the costs and price for PayPal’s payment services and the concerns by anti-trust bodies about reduced competition because of the acquisition of European technology start-up iZettle in a deal worth $2.2 billion were completely dismissed by...