The European Commission has said that there is need for Facebook, Alphabet's Google, Twitter and other tech companies with such platforms to be more proactive and try harder to to be more effective to tackle misinformation and fake news.   These companies agreed to a self-regulatory code of...

Ambassadors of 164 member countries with the World Trade Organization (WTO) met with senior officials for private ‘confessionals’ to convey who country supported as the head of the global trade regulator which indicated a push by the organization to select a new leader.   But according to...

Deutsche Bank Trust Company Americas (DBTCA, a subsidiary of the German Deutsche Bank) has agreed to pay a fine of more than $ 582,000 for violating US sanctions imposed on Russia over Crimea. According to the US Treasury Department, this is a series of violations. The investigation established...

For the first time since the end of June, the price of North Sea Brent oil fell below $ 40 per barrel. The commodity market was negatively impacted by the decision of Saudi Arabia to lower oil prices for key clients, as well as by a global decline in risk appetite among investors. If the negative...

In its latest plans of shifting out it production facilities from China – the second largest economy of the world, South Korean electronics giant Samsung has now decided to stop production of televisions at the only remaining TV production unit in the country by the end of November, said a...

According to the head of Oyo Brazil, Japan’s Softbank Group will get involved in a direct role in the management of its hospitality startup Oyo’s operations in Latin America amid the novel coronaviorus pandemic hit to the travel and tourism industry. For this purpose, a joint venture will be formed...

The diversification of its business has helped the French consulting and IT services provider Capgemini to tide over the economic impact of the novel coronavirus pandemic which helped the company to forecast an expected double-digit revenue growth in 2020 along with forecasting a gradual recovery...

The Bank of England believes that employees of financial companies and banks will not be able to quickly return to their offices as the British government wants, due to the current security regulations due to COVID-19. This opinion was expressed on Wednesday by the executive director of the Bank of...

As the novel coronavirus pandemic forced families to stay indoors and spend more time playing together at home, there has been an increased demand for the games of Lego which propped the sales of the company by 14 per cent in the first six months of the current year, said the Danish toy maker on...