Japanese corporation Toshiba has concentrated on sale of its memory chips manufacture, the key business of the company. The seller resumed negotiations with Taiwanese Foxconn Technology and Western Digital hard disk manufacturer. Also, the Japanese concern continues to discuss the sale of part of...

Tesla Inc is getting closer to testing a prototype for a long-haul, electric semi-truck that can automatically follow a lead vehicle and move in "platoons" while driving itself, reported global news agency Reuters quoting an email discussion of potential road tests between the car company and the...

Virtually as big as Goldman Sachs and Royal Bank of Scotland combined, bitcoin and other "cryptocurrencies" are big money.   Dragging up the value of hundreds of newer, smaller digital rivals in its wake as the price of a single bitcoin hit an all-time high of above $3,500 this week. But...

Deutsche Boerse is already developing a plan of action in case its chief executive director, Carsten Kengeter, who is being investigated, will have to resign. This is reported by German newspaper WirtschaftsWoche. According to the newspaper, Karsten's position in case of his dismissal may be...

American processing company Vantiv Inc. agreed to buy Worldpay Group Plc, the operator of the largest UK payment system, for 8 billion pounds ($ 10.4 billion), reports Bloomberg. Worldpay’s cost of under the transaction is estimated at 397 pence per share. Upon completion of the transaction, the...

Contract for development Papua New Guinea's first offshore gas field which is seen as a new model to help producers adapt to a world of low oil prices, related to a wide range of services to be provided has been won by Baker Hughes, a GE Company.   Traditionally, a company awards various...

Accelerating a decline in prices likely to affect drug companies for some time, more leverage when buying generic drugs is being leveraged by the largest U.S. retail pharmacies, including Wal-Mart Stores Inc and Walgreens Boots Alliance Inc., sources reportedly told the media.   The efforts...

Accusations of widespread breaches of money-laundering and counter-terrorism financing rules were leveled against Australia’s biggest mortgage lender, Commonwealth Bank of Australia by the government of the country on Thursday.   In what is being considered to be the biggest case of its kind...

As Tesla Inc ramps up production of its mass-market Model 3 sedans, investors continued to bet on CEO Elon Musk's ability to successfully take the company out of "manufacturing hell" which resulted in Tesla's shares rising 6 percent on Thursday.   $3.2 billion is set to be added to Tesla's...