Toyota Automobile Group decided to postpone the resumption of four of its factories in China after the end of the New Year's celebration on the lunar calendar in connection with the spread of the dangerous coronavirus, Kyodo reported on Wednesday. Officially, in China, the celebration of the...

While global oil markets have reacted strongly to the threat of the spread and impact of the new coronavirus on oil demand, one of the largest oil producers of the world Saudi Arabia has sought to ease the tensions.    The kingdom issued a caution against the "gloomy expectations" of a...

The rapid spread of the coronavirus in China that has killed more than 100 and spread to large parts of the country have severely affected the supply chain partners of iPhone maker Apple that, analysts say, has the potential to disrupt the China-centric manufacturing set up of the company after...

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...