The Israeli company Eviation Aircraft Ltd which is a start-up for electric airplanes intends to be flying passengers on board its 9-seat commuter aircraft by the year 2021. This was announced by the company’s chief executive on Thursday after the company signed a deal for for the batteries that it...

Airbnb Inc’s efforts to register growth and business beyond its staple business of renting rooms and homes appears to be bearing fruits. The company announced on Tuesday that it was likely to make profits next year from its tours and activities business which is about a year-old. The company...

If division within societies are created by digital platforms like Facebook and Google or if they are unable to protect children, then Unilever would stop putting advertisements on such digital platforms. The company which is the largest ad spender in the world is all ready to issue this treat...

As a part of its strategy to generate a profit for its online business, Walmart Inc has directing its suppliers to supply products that are priced at $10 and more, according to sources as reported in the media.    The sources reportedly said that the focus of the largest retailer of the...

Payment of a substantial but undisclosed civil penalty and a recall of over 104,000 vehicles would be the conditions that Fiat Chrysler Automobiles would have to adhere to if the company wants to settle its emissions-cheating lawsuit. This was offered by the U.S. Justice Department.   ...

Two drivers - changes to U.S. tax law that added to its bottom line and the Prime fast-shipping club that added millions of customers during the holiday season, saw the profits of Amazon.com reach the highest in its history as the firm reported a profit of about $2 billion.   There was a...

According to the German media, since Deutsche Bank initiated its ambitious project of corporate restructuring under its Chief Executive Officer John Cryan, the lender would be reporting its third consecutive annual loss for the last fiscal year of 2017.   In January, the bank had announced...

Fiat Chrysler Automobiles NV (FCA) and Alphabet’s Waymo announced that thousands of Pacifica hybrid minivans would be provided by the auto maker in the effort of Alphabet Inc’s self-driving unit’s drive to launch its first public ride-hailing service this year.   There are other companies...

Airplane maker Bombardier winning a legal battle in the U.S. has had a significant impact in far way in Northern Ireland where apparently thousand of jobs have been saved. The law suit that the plane maker won was related to the repealing of import tariffs for the C-series planes of the company....

Viewers and members of a new paid digital service of Sky would now be able to access to the films, a number of television shows and live sport like the Premier League matches on any TV set with the use of a low-cost plug-in stick which would be launched by the company soon. Through this launch the...

Earlier in the week, General Electric had announced that it would have to take a one-time hit of $11 billion in charges and a possible breakup of the company. This created a rumble in stock market as it spooked the investors of the company resulting in the price of the stocks of the company noting...