Following the Brazilian government being forced to reduce diesel prices after pressure form a nation wide truckers’ strike, Pedro Parente, the chief executive officer of the state owned oil producer of the country – Petroleo Brasileiro, resigned from his post.   The resignation coincides...

Following the emergence of reports that ambulances had to be called 600 time in the last three years at the UK warehouses of Amazon, there were accusations against the e-retailer of treating staff like robots.   115 call-outs to Amazon’s site in Rugeley, near Birmingham – which included...

Reports suggest that two top companies form the United States could get themselves listed next year.   Both the companies would be ready to goo public in 2019, said the CEOs of Uber and Airbnb at a tech conference recently. However, this does not automatically mean that they are actually...

Japan’s SoftBank Group Corp has agreed to invest $2.25 billion in GM Cruise Holdings LLC which is the autonomous vehicle unit of the U.S. based car maker, said General Motors Co on Thursday which could significantly hasten the wide-scale deployment of self-driving cars, said the company.  ...

Apple has won a $539 million case against Samsung Electronics in relation to copying features of Apple's original iPhone.   The verdict was given by a US court against the South Korea's company which will have to pay the amount in damages to Apple.   This ruling by the court is the...

Following the death of 13 people in police firing in Tamil Nadu district of India just outside of mining firm Vedanta’s Indian copper smelter, a call has bene given by John McDonnell to delist the company from the London Stock Exchange.   More than 20000 people had gathered outside of the...

Lenovo Group announced a 11% year-on-year increase in revenues at $10.6 billion in the fourth fiscal quarter FY2017/18 which is the first double increase in 10 quarters.   The pre-tax income of the group was 143% year-on-year increase at $37 million compared to $15 million in the same...

All of the units of the U.S. coffee chain Starbucks would not allow general people to mill around and use its sitting areas and its bathrooms without such people needing to purchase anything from the stores according to a new policy of the company.   According to the Wall Street Journal, the...

Toshiba would not be able to sell off its most prized asset - its chip unit, after it announced that the China regulators have approved the $18 billion deal. The business unit has bene pledged ot be sold to a consortium led by U.S. private equity firm Bain Capital.   It has been about a year...

A new version of its music service is set to be launched by YouTube while at the same time the company is also set to increase charges for users to view originals such as “Karate Kid” spinoff.   It was two years ago that YouTube had started its service - YouTube Red, allowing subscribers...

Demanding a waiver from the sanctions on Iran that United States President Donald Trump reimposed last week, a threat of pulling out of a $2 billion natural gas project in Iran was issued on Wednesday by the French oil giant Total.   The company is seeking protection from indirect impacts of...