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A Rocky Start For Google's Latest iPhone Rival

An investigation by Alphabet Inc’s Google has been prompted to be launched even as the company has also issued multiple apologies to customers as display screen problems and pricing and shipping issues have hampered the launch of second-generation Google Pixel smartphones.   The lynchpin of...

$417 Million Talc Cancer Verdict Against Johnson & Johnson Tossed Away By California Judge

In a lawsuit by a woman who claimed she developed ovarian cancer after using its talc-based products like Johnson’s Baby Powder for feminine hygiene. On Friday a California judge threw out a $417 million verdict against Johnson & Johnson.   There have been several accusations from women...

Bid To Rescue CSeries Overshadowed By Airbus Turmoil

The spotlight from a growing ethics row last week was taken off and investors were stunned by Airbus’s coup in buying a $6 billion Canadian jetliner project for a dollar. However, questions over how smoothly it can implement the deal have been raised by internal disarray.   Just as the...

Many Do Not See The Massive Saudi Aramco IPO To Be A Great Investment

A section of investors might not be all that interested in what's set to be the biggest initial public offering ever by oil giant Saudi Aramco as it is readying its IPO.   Coming up short for all three basic tests investors apply to potential IPO investments: growth, an attractive dividend...

Shares Rise As Sale Of Convenience Stores Is Explored By Kroger

As Kroger Co strengthens its online business in a market share war that has intensified since Amazon.com Inc’s purchase of Whole, the No. 1 U.S. supermarket operator said on Wednesday it is exploring the sale of its nearly 800 convenience stores.   Kroger shares was up 3.4 percent at $21.23...

$1.1 Billion Invested by Tencent, Softbank In Ola - Uber's Biggest Rival In India

Investors that include Chinese internet giant Tencent and Japan's SoftBank has helped Ola, Uber's fiercest rival in India, raise $1.1 billion in a recent round of funding for the Indian ride hailing company.   The requisite firepower to continue fighting Uber in one of the world's...

Huawei Has A Long Way To Go To Achieve Its Target To Overthrow Samsung And Apple In India

A senior executive of Huawei said this week that India is a major strategic market for Chinese smartphone maker.   The company has been able to make sizable investments and form key partnerships in the telecommunications sector in the near two-decade presence of the company in the country,...

As Domestic Sales Stagnate, Japanese Production To Be Cut By A Quarter By Honda

As Honda Motor Co shifts focus to electric cars (EVs) and other new technologies, it domestic capacity by around 24 percent and the Japanese car maker plans to end production at its Sayama plant in Japan by 2022.   In the face of fierce competition from carmakers and technology companies to...

Acquiring Share In 162 Megawatt Brazilian Facility, Oil And Gas Giant Moves Into Solar

The next aim of Statoil is to enter the global solar market.   A 40 percent share in the "construction ready," 162 megawatt (MW) Apodi solar asset in Brazil, is being acquired and an agreement has been signed to that effect, the Norwegian energy business announced recently.   Shares...

Discord Emerges Immediately After Signing Of Toshiba $18 Billion Sale Of Chip Unit

Overcoming a key - albeit not its last - hurdle as it scrambles for funds to stave off a potential delisting, Japan’s Toshiba Corp has already said that it had signed an $18 billion deal to sell its chip unit to a consortium led by Bain Capital LP.   But underscoring fears that the 8-member...

To Deploy Self-Driving Car, To Partner Each Other

By 2021, the ride services company - Lyft’s network, will have a large number of self-driving vehicles that would be manufactured by Ford Motor Co said as the auto-marker collaborates with the ride services company.   In order to allow Ford vehicles to communicate with Lyft’s smartphone...

Google Pays $1.1 Billion For HTC's Pixel Division, Bets Anew On Smartphones

In what is Alphabet Inc’s Google’s second major foray into phone hardware after an earlier costly failure, the company said that it would pay $1.1 billion for the division at Taiwan’s HTC Corp that develops the U.S. firm’s Pixel smartphones.   Roughly equivalent to one fifth of the Taiwanese...
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