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German watchdog asks Apple, Google to look into blocking DeepSeek 06/30/2025

Fast food chain Raising Cane's surpasses KFC in US sales in 2024 07/01/2025

G7 Unveils Exemptions for US and UK Firms to Safeguard Investment and Stability 06/29/2025

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Business & Finance

Exxon to reduce cost of oil production to $ 15 per barrel

Exxon Mobil Company intends to reduce the cost of oil production in the Perm shale formation of the United States to about $ 15 per barrel. At the moment, this level is observed only in the giant oil fields of the Middle East. “Exxon’s drilling scale means that the Permian Basin will be competitive...

Demand By Millennials Drive Growth Of Irish Whiskey In The US

Millennials have been blamed for rejecting the canned tuna business along with motorcycles and diamonds in the United States. However there is one industry that is benefiting from its popularity among the millennials - Irish whiskey. According to the Irish Food Board, there has been a 61...

Fidelity National buys Worldpay for $ 43 bln

American financial company Fidelity National Information Services (FIS) reached an agreement to buy the British payment operator Worldpay for $ 43 billion. For Worldpay itself, this will be the second change of ownership in the past year and a half. American fintech company Fidelity National...

Global Grounding Of Boeing 737 MAX Forces Airlines To Seek Alternatives And Others To Review Orders

While a number of airlines have been put in a lurch due to the grounding of Boeing’s global 737 MAX fleet because they would now have to find out alternatives to replace the crafts, there are other airlines that have not yet received the crafts now have the opportunity to re-evaluate the orders...

India’s Mahindra Takes Second Chances At U.S. Auto Market

Indian auto major Mahindra & Mahindra (Mahindra) is taking a second shot at trying to be successful in the US market after about a decade since its first failed attempt. Last time, Mahindra had attempted to make it big in the US market with its low-cost pickup truck which failed and resulted in...

After posting positive results, Casino group to expand services

The financial results which were revealed on March 14th were not the only good news for French Casino, the retail group headed by Jean-Charles Naouri. They confirmed to the Group as well as the markets that the investment choices made in the past 18 months were relevant, and clearly indicate the...

UK Joins Growing List Of Countries To Ground Boeing’s 737 MAX

The list of countries ordering the grounding of Boeing 737 MAX jets after the second fatal crash of the aircraft within about 5 months is growing. The latest to add itself to the list is the U.K. whose aviation regulators ordered all 737 MAX jets to be grounded. These events have been taking place...

Trade Frictions & Brexit Forces IATA To Almost Halve Air Cargo Traffic Growth Forecast

Trade spats, a very uncertain Brexit deal, and anti-globalisation rhetoric were cited to the factors that forced the International Air Transport Association (IATA) to almost cut in half its annual forecast for growth in air traffic in the air cargo market. The international body now believes that...

Questions Asked Of Boeing After Ethiopia Crash Of Its 737 Max 8 Jet

The grounding of all Boeing 737 Max 8 jets by Ethiopian Airlines and carriers in China and elsewhere following the crash of a flight of Ethiopian Airlines on Sunday that killed all 157 people onboard has raised serious questions about safety of the 737 Max 8 jets made by the US based plane maker....

Reports Suggest Deutsche And Commerzbank Could Merge, Shares Rise

The possibility of the merger of the two largest banks of Germany - Deutsche Bank and Commerzbank, infused confidence of investors resulting in the shares of both the banks gaining at the stock exchange. Deutsche had been under pressure to create a strategy for the long term as the German...