There was a drop of almost 5 per cent in the shares of largest e-retailer of the world Amamzon.com following the tendering of a list of complaints against the company by U.S. President Donald Trump on Thursday. It was just a day ago that there was news article published in the news website Axios...

Buyers “may be asked to repay subsidies they have already received” for Tesla Model S. With the end of the dispute between Tesla and a “government agency”, the buyers of the former could now once again “apply for subsidies”. The dispute involved the Model S of Tesla which was disputed for being...

Not a whole lot of cars are sold by U.S. car makers in South Korea.   And despite the Trump administration and the South Korean government have come to an agreement on the rehashing of their trade deal, there apparently would be little change for the fate of U.S. car4 makers in terms of...

In what is the second failure for the ride hailing company Uber in an Asian market and its decision to move away from the market, the U.S. firm agreed to sell its Southeast Asian business to the larger regional rival Grab. The two companies made this announcement on Monday   With a market...

There is a push among the high-end manufacturers of watch to turn to web sales, although the journey still faces resistance and limitations. Giving the boom on the sales of luxury goods on online platforms, the “high-end” watch manufacturer are finally getting convinced to start investing in...

There was a total reduction of 1.5 per cent in the total U.S. net electricity generation in 2017 which is reflective of lesser use of electricity by Americans throughout the year according to a report from the U.S. Energy Information Administration (EIA).   On the other hand, the report also...

The dollar declined after the US Federal Reserve System (FRS) warned about a faster pace of rate hikes this year. Concerns over the upcoming announcement of US President Donald Trump about trade restrictions are putting pressure on Asian stocks, reports Reuters. The Japanese Nikkei 225 index added...

Europe is soon to impose higher taxes for etch tech companies like Google, Amazon and Facebook.   The new taxation policy is based on calculation of taxes for tech companies on the place of generation of revenue instead of the convention of calculation of taxes where it is headquartered,...

A legal suit has been filed in the U.S. against Facebook Inc. and the U.K. based data analytics and political consulting company Cambridge Analytica over allegations of misuse of personal data of over 50 million American users of Facebook during the U.S. presidential elections of 2016.  ...