Net profit of the Japanese automaker Honda Motor Co. declined by 42.4% to 610.3 billion yen in the fiscal year that ended on March 31, 2019. Operating profit declined by 12.9% to 726.3 billion yen. Revenue rose by 3.4% to 15.89 trillion yen, the company said. Operating profit in the financial...

No action had been taken for about a year by Boeing despite knowing about the problem with its 737 Max jets which was the cause of two fatal accidents within less than nine months, the company has admitted.   The alarm feature had been inadvertently made optional instead of standard, the...

Chinese tech companies would take centre stage at the global level if American tech companies such as Facebook and Google are subjected to too much of regulations thereby restricting them and their business activities that help them ot dominate the global tech scene, opined Donald Graham, a former...

The global smartphone market continued to face difficulties in the first quarter. The Chinese technology giant Huawei was the only one of the market leaders who managed to increase supplies, according to preliminary data from IDC research company. In the first quarter, Huawei increased the supply...

Profit of the British-Dutch oil company Royal Dutch Shell Plc fell slightly in the first quarter, but exceeded the forecast. Net income attributable to shareholders on the basis of the current cost of supplies (CCS) and excluding special items in Q1 decreased by 2% compared to the same period last...

According to a report by investment bank Barclays, if the US federal government and all of the states of the country legalize the use of marijuana, it would transform into a major industry sector overnight and would result in the governments at all levels getting revenues in the tens of billions of...

Alphabet revenue rose by 17% in the first quarter of 2019, which is generally a very solid figure, considering that it was $ 36.3 billion. But analysts and investors expected more from the American corporation, and the lack of clear explanations for the causes of problems makes investors doubt...

Net profit of the American automobile concern General Motors (GM) attributable to shareholders of the company, according to the results of the first quarter of 2019 increased 2.1 times in annual terms and amounted to $ 2.157 billion, the company said. The diluted earnings per share for the quarter...

According to industry experts, the reason why Airbus is not elated because of the fiasco that Boeing is facing over its 737 Max is partly because the jet is similar to Airbus’s record-selling A320neo in terms of following strategies of engine efficiencies. This is also perhaps the reason why Airbus...