German luxury car maker BMW predicted on Wednesday that the current year would not be a good one for it. The car maker said that it anticipates that the pre tax profits for the entire group would drop by more than 10 per cent for the current year.   In order to create some safeguard against...

At the end of 2017, expectation of introducing bitcoin exchange futures contributed to its appreciation of up to $ 20,000 at the last stage of inflation of the cryptocurrency market bubble. Now bitcoin costs about $ 4,000, according to Coinmarketcap, and the exchange operator Cboe Global Markets,...

The United States Securities and Exchange Commission has alleged in court that despite and since a court-approved agreement with the US based the electric vehicle maker Tesla’s chief executive Elon Musk was reached about the manner of communication of important information about the company, Musk...

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...

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...

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...

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...

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...

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...