Beyond Meat – the United States based alternative meat company fared well in its first quarterly earnings reporting since it went public with a much talked about IPO in May this year. The company comfortably beat Wall Street estimates and saw its stocks go up by as much as 20 per cent in after...

According to reports quoting information and analysis by the telecommunication industry’s main lobby group in Europe, phone connectivity companies in the continent would have to shell out an additional € 55 billion ($62 billion in extra costs in if the regulators in the economic block decide on...

Germany has long been a symbol of developed industry, successful companies and efficient business. However, recently the situation has begun to change, and not for the better. Germany's large concerns are going through difficult times. This makes analysts think about whether this is a coincidence...

The largest smartphone maker of the world South Korea’s Samsung Electronics Co Ltd is facing a very stiff competition from domestic Chinese tech companies in the Mainland China market which has reduced its market share to a very small 1 per cent. This has forced the South Korean tech giant to...

Production of its smartphones is being stopped by China’s tech giant Huawei following the blacklisting of the company by the United States Commerce Department last month according to media reports quoting sources.   But such claims by the media have been denied by the second largest maker of...

Sale of its share that it held in the Chinese tech giant’s parent company Alibaba Group Holding Ltd by Japan's SoftBank Group Corp would potentially yield about 1.2 trillion yen or $11.12 billion in pre-tax profit, the Japanese company said in a on Monday.   The revenues generated from the...

Blockchain technology tracking system enables Carrefour to gain more customers’ trust. Carrefour SA is a French retailer which informed about its sales boost due to the usage of “blockchain ledger technology”. The said technology was used for tracking “meat, milk and fruit” transfer from the “farms...

The total market capitalization of four US IT corporations — Alphabet, Amazon, Apple and Facebook — sank by $ 182 billion after it became known that an antitrust investigation could be launched in the US. Thus, at over-the-counter trades, Alphabet shares dropped in price by about 7% to $ 1,027, the...

Fiat Chrysler is attempting to convince the French government to approve and back its proposal for merger with the French auto maker Renault in which the French government is a major shareholder and the company is contemplating giving Renault a special dividend and stronger job guarantees,...