Japanese automaker Honda Motor Corp. is suspending operation of the plant in the British city of Swindon for six days in April in preparation for possible problems that may arise after completion of the British withdrawal from the European Union (Brexit). “We are planning six non-production days in...

The customers in the U.S. can expect their groceries to be delivered within a very short while, as Whole Foods Market reaches over to plug the delivery gaps. Amazon plans on expanding its “Whole Foods Market” by introducing “more stores” so that the customers can be reached within “two-hour...

Over the next 5 to 10 years, a total of about $300 billion would be spent on electric vehicle technology by global automakers and almost half of that amount is planned to be targeted at China. According to analysts, this would hasten the process of transforming the global auto industry to cleaner...

In order to keep pace with the likes of Amazon and Walmart, retailer Kroger is partnering with Microsoft to design the new age grocery stores.   Digital shelves, price tags, and advertisements of two pilot stores in Ohio and Washington State would be set up under the partnership agreement...

Highly indebted Chinese firm HNA Group is looking to raise funds to come out a massive cash crunch by putting up for sale the latest assets and this sprawling conglomerate reportedly met up with bankers on Tuesday for that purposes, reported news agency Reuters.   According to the report the...

Following announcement by Apple of holiday-quarter revenue shortfall because of weak China demand, the shares of the company dropped by as much as 10 per cent on Thursday. The announcement by the iPhone maker spooked many investors raising concerns about the larger slowing of global growth...

The German bank’s new chief executive is taking control of the scenario to deliver on positive results, informs the chairman. The chairman of Deutsche Bank, Paul Achleitner, ruled out the requirement of seeking state help and put the speculations down of the German bank making loss to opt for...

According to an announcement made by Iowa Attorney General Tom Miller, settlement of the allegations against the US banker Wells Fargo that it had violated the consumer protection laws of the state would be made by the bank against a payment of $575 million. This settlement is a part of...

The Pentagon confirmed the news about the names of the recipient who was awarded the recent defence deal. In a short note, Reuters reported the news of Boeing Co bagging another defence contract. The report said that the company has cracked a “U.S. defence contract” worth four hundred million...