Blamed for at least three high-profile cheating scandals, Japanese automaker Mitsubishi Motors plans to bring in an outside auditor to monitor its technology division, reports Reuters quoting two people familiar with the thinking of the company's leadership.   A third-party auditor would...

UEFA Euro 2016 starts tomorrow in France. Traditionally, the championship will also become a battleground for two largest sports brands - Nike and Adidas. Strategies of the both competitors involve full use of advertising and sponsorship potential for Euro-2016. Repucom marketing research agency in...

Yahoo Inc. put up for sale a portfolio of about 3 thousand patents, including a patent for the original search technology Yahoo. The company expects to get over $ 1 billion from the sale of intellectual property. US Internet company Yahoo Inc. put up for sale a patent portfolio, the value of which...

Panasonic shares rose after Tesla Motors’ chief executive said on Wednesday  that the US automaker is working exclusively with Panasonic Corp to supply batteries for the Model 3, its first mass-market car.   Samsung SDI was making progress in talks with Tesla to supply batteries for the...

A second-round bid of about $3 billion for Yahoo  Inc.’s core internet business is being planned by Verizon Communications, reports the Wall Street Journal citing a person familiar with the matter.   It was expected that the Monday’s deadline for the second round of bids would...

Following the lifting of sanctions in January, at present Iran has been able to ramp up exports much faster than analysts had expected aided by more than 25 European and Asian-owned supertankers that are shipping Iranian oil, reported Reuters.   More than a third of Iran's crude shipments...

While Iran’s arch-rival Saudi Arabia promised not to flood the market and sought to mend fences within the OPEC, Tehran insisted on steeply raising its own production which resulted in a failed OPEC meeting where the oil producers had gathered to agree on a clear oil-output strategy.   There...

Almost everyone has accustomed to the fact that the situation in the world economy is far from stable. Economists, analysts and officials are preparing the world for a crisis, yet it is unclear what its main catalyst will look like. In the opinion of JPMorgan, the four horsemen of the global...

Uber has been able to gain a crucial partner in its efforts at expansion into the Middle East countries in the way of Saudi Arabia Public Investment Fund as the cab hailing company managed to raise $3.5 billion from Saudi Arabia's sovereign wealth fund, announced the U.S. ride-hailing service on...