Over the past five years (from the second quarter of 2013), non-financial corporations around the world have accumulated a total of more than $ 16 trillion of net debt, according to calculations by the Washington Institute of International Finance. Now the amount of debt is at a record high level...

AT&T Inc has said that it is planning to offset its huge pile of debts and is committed to doing so by next year and for this purpose, the company is already considering a number of measures which includes revisiting the investments and feasibility of all of the non-core assets of the company...

Tesla has managed to increase its production of Model 3 electric cars to a thousand a day – resulting in about 7000 units a week. however the US electric car maker is now focusing on maintaining that production rate and bringing down production costs according to reports.   According to an...

A new study on the aerospace sector in South Carolina, US, claims that over the last few years, there has been a steady growth in the industry which has spurred expansion projects being taken on by many smaller and midsize aerospace firms and suppliers so that they are able to keep with growing...

The South Korean Supreme Court upheld the appeals court decisions in two lawsuits filed against South Korean Mitsubishi Heavy Industries. The lawsuits demanded that the company compensate forced labor during the World War II. “We respect the court decision, and we will try to heal the wounds of...

There has been a significant drop in the trend of purchasing by Chinese consumers and tourists travelling to the US and in Hong Kong, said luxury jeweller Tiffany which has resulted in the company reporting disappointing third-quarter sales figures. The disappointing resulted in the shares of the...

The last Cyber Monday set a new sales record in the USA - $ 7.9 billion, which is 19.3% more than a year earlier. Experts hope that, despite a slight decline in customer activity in regular stores, a significant increase in online sales will lead to the fact that the entire sales season of 2018...

Investors should learn to separate really worthwhile information from other “noise”, which has recently often appeared in the media about Elon Musk’s brainchild. Tesla Motors has always been in the focus of world attention. Nevertheless, the events of 2018 made their adjustments, as a result of...

The German car maker and the largest manufacturer of cars in the world Volkswagen has been dealt another blow by a German Court. The car maker which is already reeling under the pressure of a number of emissions scandal related court cases, was ordered to refund each and every owner of the Golf the...