Since the controversial tweet from Tesla chief Elon Musk about taking the company private and of a “secured” funding for the purpose on August 7, $1.09bn has bene made by Tesla investors by betting on a drop in the stocks.   There had been an increase of 11 at $379 per cent in the stocks of...

A 3 million pound ($3.8 million) hit would have to be taken by British luxury bag maker Mulberry from the shutdown of House of Fraser which added to the problems that the company has been facing in its domestic market. this was announced by the company on Monday.   21 concessions in the...

The Ministry of Housing and Urban and Rural Development of China held a conversation with officials from five urban districts, where there was a rapid rise in housing prices, and instructed them to immediately resolve the problem of speculation. This is reported by the China Times. Conversations...

The price target for the next 12 months for the aircraft manufacturer Boeing’s shares has been raised to $515 by the analysts at Swiss bank UBS. The price target set by the bank is 50 per cent more than the current price of the shares.   The Swiss bank also increased the rating of a place...

The growing buyback activity of companies began to worry analysts. Bernstein investment company presented a paper about a record low level of new share issues and mass buybacks. In the United States, companies are already being accused of using free funds to strengthen control over the share...

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...