Car designer Henrik Fisker sued the manufacturer of prestigious cars Aston Martin, according to Business Insider. Mr. Fisker claims that Aston Martin threatened him in connection with his performance at the upcoming Detroit Auto Show, which kicks off next week. According to him, the company sent...

Recent studies have suggested that mobile health apps will become people’s preferred resource over physicians apart from witnessing a growing number of users.   Two-thirds of Americans have already shown a favor for digital health management over physical, according to a study...

Chang Xiaobing, the boss of one of China’s biggest companies quit as chairman and chief executive of China Telecom after his detention by Beijing in what is being termed as the latest target of President Xi Jinping’s crackdown on corruption.   Chang Xiaobing was earlier detained this week on...

With local tech start-ups joining the front line against Facebook Inc founder Mark Zuckerberg and his plan to roll out free Internet to the country's masses, India has become a battleground over the right to unrestricted Internet access.   The Indian government is still undecided on the...

Due to the historic fact that China’s currency, yuan’s, exchange rates at home and abroad diverge by the most in the months from December to March, the country’s authorities have suspended at least two foreign banks from conducting some cross-border yuan operations, said local media reports quoting...

A recent Study has established the saying in the business world - once a billionaire, not always a billionaire.   This was established in e recent study report by the UBS Group AG and PricewaterhouseCoopers which studied most of the world’s richest families 20 years ago and found that they...

Deutsche Bank AG is going to sell its stake of 20% in the Chinese Hua Xia Bank Co. to companies PICC Property and Casualty Co., declared the bank in a statement. The deal is related to the plan the bank’s head John Cryan to reduce the credit institution's presence and increase capital reserves. The...

Navigant Research provides a market about the electric vehicle’s market. According to reports, the manufacturers of the luxury vehicle form the twenty three percent of the EV “plug-in electric vehicle” market. There are further expectations that the said market is on a rising graph whereby it will...

Battling both competition from emerging market rivals and the impact of its own deteriorating finances, Japan's Toshiba Corp may need to curb its ambitions in nuclear power even as it looks set to win a deal in India, industry experts said.   There were media reports that Toshiba's U.S....