After taking the beating from the malfunction of Note7’s batteries, Samsung is all set to enter the South Korean market with the same product. On Thursday, 22nd September 2016, South Korea “ordered” the company of Samsung Electronics Co. Ltd. to take “additional” precautions for ensuring that the...

It has been just days that Uber debuted its self-driving vehicles in the United States, its close rival ride-hailing firm Grab has set up a partnership with a start-up testing the technology in Singapore and its users will be able to book driverless cars from Friday.   Driverless cars and...

As policymakers aim to boost public finances in the face of low commodity prices, a flurry of frontier market countries are looking to tap the international bond markets.   In what Capital Economics says could be a record-breaking deal, for the first time Saudi Arabia is expected to issue...

As automakers Renault SA and Nissan Motor Co compete with global automakers and tech firms in the race for development of new services including ride hailing and car sharing, the companies announced that they would jointly buy over the French software development company Sylpheo.   Their...

Following the announcement of its $66 billion takeover of Monsanto, there were criticism by a large section of the company  investors that the attention of German drug maker Bayer would get divided between the two companies which could result I the company neglecting in its pharmaceuticals...

Investment banks may cut costs even more with electronic trading platforms for transactions, and transfer more operations on digital platforms that are in common use. Cloud technology and artificial intelligence will create new revenue opportunities, according to McKinsey’s report (quoted by FT)....

Chinese steelmakers Baosteel Iron and Steel, Wuhan Iron and Steel today announced their merger, which will be carried out through an exchange of shares. As a result, the market will get a new global giant, second only to ArcelorMittal in terms of production. Leading manufacturers of steel in China,...

Accounting experts are of the view that due to the broad leeway that energy companies have enjoyed reporting under U.S. rules, New York Attorney General Eric Schneiderman faces an uphill climb in building a case against Exxon Mobil Corp for not writing down assets amid the oil-price slump.  ...

In a growing trend this year, there has been an improvement in PC demand and suppliers of parts used in personal computers are steadily replenishing their inventory, and this has encouraged Intel Corp as the US chip maker raised its quarterly revenue forecast for the first time in more than two...