The first day of trade at the Chinese stock exchange after the Lunar New Year saw investors erasing about $393 billion from the country’s benchmark stock index as they sold the yaun and commodity stocks over fears of the spreading coronavirus and the economic impact it could have.   The...

The global cloud computing industry segment is turning out to be a hardly fought turf, a Oracle Inc now gets ready to offer competition to the market leaders Amazon.com and Microsoft Corp. Oracle said that it aims to set up new cloud computing data centers by the end of 2020 and the company has...

There has been a surge in the claims about purported "cures" and other unproven theories surrounding the coronavirus on social media and as such, Facebook has said that it will start to take down such bogus claims. This is in light of the spreading coronavirus globally which has sparked an increase...

After the United States based electric car maker Tesla’s stock market valuation increase by than 200 per cent in the last three months, the founder and CEO of the company Elon Musk is inching closer to claim the first $346 million trove of options in a record-breaking pay package.   With a 9...

The former Nissan chief Carlos Ghosn who had fled Japan last month spoke out against the Japanese legal system and his former company of plotting a coup against him that led to his arrest during his first public appearance since he fled Japan clandestinely.    Ghosn told reported that...

After capturing a significant market share of the ride hailing industry in South Africa, Uber is now attempting to make it big in the food delivery business there. The company plans to leverage its huge fleet of drivers operating in the most developed economy of Africa and identifying the most...

According to report published by the Swiss network SRF, the future prospects of Facebook’s own digital currency Libra has been blown off by the Swiss president and finance minister who has said that the crypto currency has "failed in its current form."   Ueli Maurer, who is in his final days...

Farmers of the United States as well s investors on Wall Street would be hoping for a speedy implementation of the phase one of the US-China trade agreement. While the very fortunes of the farming population hinges on the trade deal implementation, investors of Wall Street also expect to reap the...

Even though the United States and China announced the phase one trade deal, neither of the countries provided much details of what exactly would be covered in the deal.   While acknowledging that both the countries still have a lot of big issues to sort out in terms of the overall trade deal...

Bringing huge relief to the global markets and companies, both the United States and China announced that they have agreed to a “phase one” trade deal that would also include the US scaling down the already imposed tariffs on Chinese goods. The announcement were made by the US President Donald...

While saying that the threat by the United States’ Trump administration to impose up to 100 per cent import tariffs on French goods exported to the US worth ‎€2.17 billion was "unacceptable", the French Finance minister Bruno Le Maire said on Monday that if the US actually implemented the threat,...