The JD.com and Unilever deal addresses “big challenge” of “replenishment and warehouses”. JD.com, an e-commerce firm of China has finalised a deal with the company of Unilever, whereby the former will transport various products such as “Lipton’s tea and Lux soap” in several warehouses situated all...

Qualcomm has reached an agreement with the authorities of Taiwan to abolish decision of the Commission on Fair Trade, the island's main antitrust regulator, which in October 2017 fined the US chip maker by 23.4 billion new Taiwan dollars ($ 773 million). The fine, which was a record for Taiwan, was...

An announcement of increasing of import duties on steel and aluminum from Turkey was made by the US President Donald Trump on Friday showing once against his strategy of using tariffs as a foreign policy tool. The two countries are at logger heads over the imprisonment of an American citizen in...

The German car manufacturer Daimler has announced that that "until further notice", the company would stop all for5ms of commercial operations in Iran as a consequence to the demand by the US administration of companies staying away from Tehran for business after new sanctions by the Donald Trump...

Motorists in Germany are outraged. The world's largest automaker, the German concern Volkswagen, stopped accepting orders for sale of some of its models in early August. Until the end of 2018, the concern is not accepting customer orders for hybrid cars and gas-fueled vehicles. It is still possible...

Entrepreneur, engineer and investor Elon Musk announced his intention to buy out all Tesla shares for $ 420, and delist the company from the stock exchange. This statement resulted in the fact that Nasdaq suspended trading of Tesla shares. Currently, Musk owns 20% of the company, so such a step...

After the re-imposition of sanctions against Iran, a stern warning was issued by US president Donald Trump over the issue of anyone doing any business with Tehr4an.   "Anyone doing business with Iran will NOT be doing business with the United States," the president tweeted.   While...

India based ride hailing company and rival of Uber – Ola, is all set to step into the UK market.   The Indian company founded in 2011 already operates in 110 cities and has a customer base of 125 million. Ola plans to start off business in the UK with ventures in South Wales and Greater...

The net profit of the second largest asset of German bank Commerzbank AG, attributable to shareholders, amounted to 533 million euros in the first half of 2018 compared to a loss of 414 million over the same period last year, according to the financial organization. Profit before tax amounted to...