PSA and Toyota have been in collaboration for vans manufacturing from 2012. PSA has an offer for Toyota, whereby helping the latter to boost so as to “address EU antitrust concerns” raised towards its plans in association with Fiat Chrysler.   PSA has offered help to Toyota for increasing...

A report from the news agency Reuters has claimed that the antirust body of the European Union is set to give the green signal to Alphabet’s Google’s acquisition of fitness tracker maker Fitbit in a deal worth $2.1 billion. This became apparent after the United States based search engine giant made...

A business program at a Lebanese university USEK was launched on Tuesday by the now fugitive auto tycoon Carlos Ghosn in what was his first public appearance in months.   The former chief of the Japanese auto company Nissan spent 130 days in prison in Japan after he was arrested in November...

The first day of trading of the largest spin off ever in Germany, which created the company called Siemens Energy, as not good as the shares of the new company opened lower than expected at the Frankfurt stock exchange which reflected the challenge for the company to make an impression functioning...

The order of the United States president Donald Trump’s administration to impose a ban on the Chinese owned short video sharing app TikTok in the US has been temporarily blocked by a federal judge. The Trump administration had planned to eliminate the app from smartphone app stores in the US....

Employees of Alphabet Inc will have to be careful of their conduct at workplace. On Friday, 25 September 2020, Alphabet Inc revealed that it is in the process of putting up a “new advisory council” for the purpose of overseeing the company’s efforts towards workplace policy enforcement in the area...

A number of major car manufacturers - Tesla, Volvo, Ford and Mercedes-Benz, filed court cases against the United States President Donald Trump’s administration against the tariffs. Tesla CEO Elon Musk called the tariffs imposed on certain car parts imported from China as “unlawful”.   The...

As a part of its broader strategy to pull back from markets that are highly competitive, the United States based office sharing startup WeWork will be selling the control of the business of its Chinese division to one of its investors - private equity firm Trustbridge Partners, as the company has...

American JP Morgan Chase & Co. could pay a fine of almost $ 1 billion in connection with the investigation by the US authorities into the bank's operations, Bloomberg reported, citing sources. "JP Morgan Chase & Co. is preparing to pay almost $ 1 billion in connection with the investigation...