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...

Despite Brexit threats and protests in France, Robert Walters registers higher profit in Asia and Europe. At the beginning part of this week, Robert Walters Plc, a British recruiter, came out with its profit reports of the first quarter which has recorded a higher score. The said figures received...

Toyota Motor Company, Denso and SoftBank Vision Fund will invest $ 1 billion in a division of Uber Technologies Inc., which develops unmanned vehicles, reports Uber. Under the terms of the agreement with Uber, Toyota and Denso will jointly invest $ 667 million in the developer of unmanned vehicles...

There has been a weakening of growth in global trade as well as softening in strength of investment prospects, said the Development Committee, which is a ministerial-level forum of the World Bank and the International Monetary Fund (IMF). The body also called on governments and countries to take...

One of the largest US oil and gas companies, Chevron, announced purchase of Anadarko Petroleum, one of the key producers on the shelf of the Gulf of Mexico. The transaction will amount to $ 33 billion, or $ 65 per share, Chevron’s report says. It is reported that Anadarko shareholders will receive...

Apple Inc. and Qualcomm Inc. agreed to complete all legal proceedings, thus putting an end to the long-standing litigation. The agreement between the two companies provides that Apple pays a certain amount in favor of Qualcomm. In addition, Apple and Qualcomm entered into a license agreement for...

After waiting for a period of five years for a strategy to make money in Latin America and the interior of China, US automaker General Motors Co is now set to reap the benefits. This refers to its project that was code-named GEM – a short form for Global Emerging Market.   Two small SUVs...