The efforts of Saudi Arabia to continue to attract global business tycoons into its fold is taking effect after the country and its events were boycotted by many of the business honchos following the global furore over the murder of journalist Jamal Khashoggi.   Top executives from the...

The Japanese auto giant Nissan issued a profit warning on Wednesday after its shares dropped by 4 per cent overnight at the Tokyo stock exchange as the company continued to adjust to a business performance minus its once celebrated chairman Carlos Ghosn.   According to the warning issued by...

Aramco of Saudi looks to enter refining joint venture by purchasing fifty percent stake in Royal Dutch Shell in Saudi. On Sunday, April 21, 2019, Saudi Aramco revealed that it plans on acquiring fifty percent stake of Royal Dutch Shell in Saudi. This way, the company seeks to enter in joint...

With the plan of expanding its presence in the U.S. market, Engie is looking to pursue a deal with Emcor. Engie, a multinational utility company, is looking into the options of taking over “Emcor Group Inc. The former seeks to grow its presence in the U.S. market, revealed Bloomberg, whereby citing...

Tesla chief Elon Musk is projecting its self driving electric cars as indispensible on roads. The company is also promising to combine self-driving technology with a ride sharing service which would make eliminate the need for consumers to purchase personal cars. This call by Tesla essentially...

According to a report published by Reuters Beijing Bytedance Technology Co – the developer of the Chinese video app TikTok, claimed in a court filing that it is facing “financial losses” of up to $500,000 a day and potential loss of 250 jobs because of India banning the popular app.  ...

As China is opening up access to its huge financial market to foreign players, several foreign firms are going up, according to CNBC. UBS, Invesco and J.P. Morgan topped the annual rankings of Shanghai-based consulting company Z-Ben Advisors, which on Monday introduced the top 25 foreign fund...

The confrontation between Coca-Cola and Pepsi is one of the most popular mass culture examples in the modern history. Both companies have been involved in intense competition since the 1970s, when the term "Cola war" appeared. At about the same time, Pepsi came up with the Pepsi Taste Challenge,...

Japanese corporation Nissan Motor officially accused Carlos Ghosn of stealing and filed a petition to institute criminal proceedings against him, the automaker said in a statement. "Nissan filed a lawsuit after it became clear that the payments made by Nissan to a foreign dealer company through a...