An order by Singapore’s trade arbitrator given in relation to a dispute between Amazon.com and India's Future Retail Ltd (FRL) given against the later, is not enforceable under Indian law and therefore is not binding on the company, the Future Group said on Sunday.   A deal with Reliance...

Huawei wants to start producing its own microchips so that it is no longer dependent on American technology, reports The Financial Times this with reference to its own sources. The Chinese manufacturer under US sanctions wants to start producing microchips in Shanghai. The plant is expected to be...

Wall Street analysts warn of turbulence in financial markets ahead of the US presidential election. However, they are not sure whether this threat will persist after the election, writes CNBS. "Time will tell if the expected volatility will turn into actual market volatility," Charlie Ripley,...

Under Armour beats analysts' expectation through increased sale for masks and sports items. As per Under Armour Inc’s forecast, its “annual revenue” has surpassed Wall Street expectation as the pandemic increased the demand for “running shoes and face masks” with the rowing trend for outdoor...

Recovered oil prices and cost reduction have resulted in surprise Q3 profits. Chevron Corp came out with a surprise Q3 profit with oil prices recovering from “spring lows” while cutting down on the spending budget helped in “operating results”.   Given the drop in demand as well as crude...

The protests against racial injustice that took place earlier in the year has pushed several corporate giants to take a pledge for the cause. American Express Co has informed about its investment of “$1 billion” to promote gender as well as racial equality, whereby joining other U.S. companies to...

The United States has opposed the move to make Nigeria's ex-finance minister as the head of the World Trade Organization (WTO) and therefore her appointment now has been thrown into doubt.   WTO’s 164 members were recommended to appoint Ngozi Okonjo-Iweala as the organizations leader by a...

A mixed bag of quarterly reports from top-tier technology companies resulted in stocks of Alphabet rallying while those of Apple and Twitter tumbled on Thursday.   These are the stocks that have caught the fancy of investors so far this year to power a stock market rally through the...

American microchip manufacturer Marvell Technology is preparing a deal to buy its competitor Inphi Corp., The Wall Street Journal (WSJ) reports with reference to its own sources. According to the magazine, the parties have already agreed on the terms of the merger and the deal will be officially...