In an unprecedented move that hammered shares of struggling cinema operators, of its 2021 films will be debuted in theatres and on the HBO Max streaming service on the same day by AT&T Inc’s Warner Bros studio, the company said on Thursday.   The studio said in a statement that it will...

Ryanair has placed a multi-billion dollar order for a Boeing 737 Max, the Financial Times reports with reference to the head of the carrier Michael O'Leary. This is the first deal for the company after investigating two aircraft crashes, which claimed more than 300 lives in 2018. Vertical Research...

General Motors announced that it is revising its agreement with electric vehicle maker Nikola Motor: GM is no longer going to buy a stake in the company. Nikola shares fell 25% after the current announcement. In September, GM announced its intention to buy 11% of Nikola's shares for $ 2 billion....

Based on its expectations of a faster than expected demand a d sale in the Chinese market, Swedish telecom company Ericsson increased its forecast for the current year for 5G mobile subscriptions to reach at least 220 million.   The company expects that the demand and sale form consumers in...

The owner of the popular Topshop and Topman clothing shops, UK billionaire Philip Green, was on the verge of bankruptcy. According to Sky News, in the next few days the company may be taken over by a temporary manager. The Arcadia Group of British billionaire Philip Green (total assets with his...

Would transformational steps in HSBC’s U.S. business lead to a total exit from banking sector in the country? HSBC Holdings Plc is looking into the options of completely coming out of “retail banking in the United States”. This is being considered after the bank narrowed down on options for...

With the British drug maker AstraZeneca close to deploying its vaccine for the Covid-19 virus, hacking attempts had been made into the systems of the British drug maker by suspected North Korean hackers, according to a report  by the news agency Reuters quoting information from sources with...

The fortune of the United States based electric car maker Tesla has been particularly hood this year. So far this year, the stocks of Tesla have grown by almost 524 per cent.   Tesla notched up another milestone last week after it was accepted to become a part of the S&P 500 index...

Female drivers of the Chinese ride-sharing company Didi will now be able to select only other women as their passengers under a new service that the Chinese firm has rolled out in Mexico this week.   This new service is a measure by the company aimed to enhance and ensure the safety of its...