The American corporation Apple asks suppliers to increase production of iPhone smartphones in the first half of the year by about 10% to 80 million units, while suppliers fear the possible impact of the new coronavirus from China on production plans, the Nikkei Asian Review reported citing sources....

JetBlue plans to use alternative sustainable fuel for flights taking off from San Francisco and become carbon neutral for the domestic flights. In an attempt to answer the growing pressure to reduce greenhouse emission, JetBlue Airways Corp has informed that it has plans of turning carbon neutral...

Shareholders put pressure on Barclays to set plans for responsible financing. ShareAction is a body of Barclays’ shareholders’ driven by the concept of responsible investment which wants to stop “financing fossil fuels” in a systemic manner. This will generate more pressure on one of the biggest...

The Saudi Arabia Public Investment Fund (PIF) is negotiating with British businessman Mike Ashley to buy the Newcastle United football club in the British Premier League, sources close to discussing the deal told The Wall Street Journal. PIF, Crown Prince Mohammad bin Salman's key investment tool,...

Eight former executives at the scandal-ridden lender Wells Fargo have been slapped fines totaling more than $58 million by a bank regulator of the United States. Analysts view this move by the regulator to be one that is a diversion from the otherwise soft attitude that they take towards banks....

Goldman Sachs, one of the largest banks of the United States has announced that it will not accept any companies for initial public offering or for public listing if they do not have at least one “diverse” member on the board of directors of the company starting this year itself.   This was...

Even after five years since it was revealed, the diesel emission scandal is still affecting the German auto major Volkswagen.   A C$196.5 million ($149.7 million) fine against Volkswagen was approved by a judge in Canada following the German auto maker pleading guilty to charges going in to...

According to reports published in the United Kingdom, very strong hints and indications have been delivered by the UK government about its intention to allow the Chinese telecom equipment maker Huawei to participate as a vendor in some of the area of 5G mobile networks being constructed in the...

According to the results of 2019, the American oilfield services company Baker Hughes received a net profit attributable to shareholders in the amount of $ 128 million, which is 34% lower than a year ago, the company said. Diluted earnings per share for the reporting period amounted to $ 0.23...