Foreign government were accused of extracting "unreasonably low prices" from pharmaceutical firms by United States President Donald Trump.   Trump has directed is top negotiators that this issue be made a focus in trade talks.   "It is time to end the global freeloading once and for...

Profit is the single and the most important word that can explain the decision of investing in Apple and Amazon made by Warren Buffett in recent times.   While comparing the two investments, Buffett last week rued at his decision in not putting in money in Amazon shares while revealing his...

A rare safe-passage deal was granted to Volkswagen’s old chief executive officer by the United States not long after authorities there had filed sealed charges against him.   According to media reports, Herbert Diess was allowed to move about freely anywhere in the world without having...

Nestle has bagged a premium brand to its global business by obtaining the rights to sell and market Walmart’s products around the world. The Swiss-based food company will pay the U.S. coffee chain $7.15 billion in cash for this deal.   The deal was announced on Monday. The business for which...

While still struggling to churn out the large numbers of Model 3 electric vehicles, Tesla has expended $745.3m in cash and reported a record $709.6m net loss in the first quarter.   Questions have been raised about the ability of the company to be pay its bills by early next year without...

The former Volkswagen AG Chief Executive Martin Winterkorn has been accused of conspiracy of covering up of the German automaker’s diesel emissions cheating by the U.S. Justice Department on Thursday which has filed criminal charges against him.   Days after the revelation of the diesel...

The Royal Bank of Scotland reported an increase in profits for the first three months of the current fiscal year at £792 million in comparison to the £259 million in profits made by the bank for the same period last year.   A reduction in conduct and litigation costs, and a reduction the...

An investigation by the British news paper the Guardian has revealed that potentially dangerous counterfeits and other knockoff goods are abounding Amazon.com despite the company attempting for years to crackdown on mis-selling on its platform.   A very large range of business - from TV...

Even as a couple of senior officials of Donald Trump administration are all set to go to Beijing to talk issues on trade, tensions over trade between the United States answer China were renewed following news of a broad U.S. investigation on Huawei Technologies Co. related to potential...

The recent rise demand and price in the global oil and gas prices helped oil giant Royal Dutch Shell reporting a 42 percent increase in its profits during the first quarter of 2018.   $5.322 billion from a year ago was the reported net income that is attributable to shareholders based...

In the mid-2017, major security printing company Oberthur Fiduciaire acquired one of the world's oldest banknote paper suppliers, Dutch VHP Security Paper. The French company expanded its portfolio and won another outpost in Europe, remaining faithful to its strategy of strict control over...