British airline Virgin Atlantic, which is experiencing financial problems due to the COVID-19 crisis, will resume flights to Mumbai, Delhi, Tel Aviv, Lagos, Washington, Las Vegas, Boston and Seattle, according to the air carrier. The airline intends to resume flights from the UK to 17 destinations...

Major Chinese banks have reported the most significant drop in profits in more than a decade amid rising bad debts and the authorities’ efforts to spur economic recovery. Profits of Industrial & Commercial Bank of China Ltd. (ICBC), the world's largest bank by assets, China Construction Bank...

Last year, Google in Denmark earned a “revenue of 284 million Danish crowns” while it employs close to 100 people in the country. Google’s Denmark accounts are under review by tax authorities in Denmark. The said review is being carried out for determining if the tech giant holds any “outstanding...

The U.S Department of Health cancels most of its ventilator orders from Philips. Philips has informed that the “U.S. Department of Health” has withdrawn most of the order for “43,000 ventilators”, as result, the company is cutting down on its “2020 earnings outlook”. The “U.S. Congress House...

A Reuters/Ipsos conducted national poll has revealed that at lets forty percent of Americans supported the ban on the Chinese owned short video sharing app TikTok by the United States President Donald Trump if its owner. Chinese company ByteDance, is unable to sell the US operations of the app to...

Ebit Systems will provide equipment for “Bradley Infantry Fighting Vehicle”. Elbit Systems is a defence company of Israel which has bagged a contract from the U.S. Army through its U.S. subsidiary. Under the said contract the company will be supplying “gunner hand stations, commander hand stations...

Few materials have conquered new market segments faster and more aggressively than plastic. The oil-based material, which didn’t even exist a century ago, is now found in virtually every corner of our lives, from automobiles to computers, and from home appliances to clothing. But every market...

Taiwan-based MediaTek has applied for a special license in the US to be able to continue selling chips to the Chinese tech company Huawei after US sanctions were extended against it, the Central Taiwan News Agency reported. MediaTek is the largest non-manufacturing company in Taiwan that develops...

Following the covid-19 effects on sales Coca-Cola joins other big companies in the U.S. who have decided to cut down on labour cost. Coca-Cola joins other big companies in the U.S. who have decided to cut down on labour cost by laying off workers in thousands. This comes as the effect of...