With a total debt of $4.5 billion, Coca-Cola Enterprises was rated ‘BBB+’ Issuer Default Rating (IDR) by Fitch Ratings. This rating flows a merger of two sister companies of the group - Coca-Cola Iberian Partners and Coca-Cola Erfrischungsgetranke AG into a new UK domiciled Western European bottler...

One would no longer require a Google+ account to create a YouTube channel or comment on videos after Google announced the decoupling decision of YouTube from Google+.   This move has been welcomed by many users who felt that the It giant was simply leveraging its position over YouTube to...

Following vulnerability of its software on the Model S sedan, Tesla announced on Thursday that it had already sent a software patch to address security flaws in the car. A day ago there were reports that the software system installed in the Model S sedan of Tesla was vulnerable to attacks by...

The company Motorola Solutions, specializing in the production of telecommunications equipment, has attracted investment of $ 1 billion, as evidenced by the data of the newspaper The New York Times. The publication writes that the company failed to find a buyer, but instead, Motorola Solutions has...

Cutting its rating to ‘sell’ from ‘hold’, analysts at Berenberg downgraded Thomas Cook on Wednesday for showing no improvement in its performance. This resulted in the share prices of the tourism operator falling by almost 1 percent 117.40p as Berenberg also set a target price of 100p,...

On Wednesday, August 5, the annual international exhibition of computer games Gamescom kicks off in Cologne. For five days, more than 800 participants from over 45 countries will present the latest innovations in the field of video games to the public. "Once Gamescom has moved to Cologne, it became...

New low cost smart phones could end Samsung’s domination of the market segment as the company forced to slash prices and accept lower margins at its mobile division. The company has been feeling a pressure from companies like China's Huawei Technologies Co Ltd and Xiaomi Inc in the mid-to-low end...

Even as the sale went down slightly, Japanese car giant Toyota managed to beat analyst estimates to record a third straight year of record first-quarter net profit. This was possible due to the costs cuts employed by the company and the currency gains made by the company. The company recorded a...

US Justice Department began an investigation into the Moscow office of Deutsche Bank on suspicion of money laundering, reports Bloomberg. According to the department, suspicious transactions worth billions of dollars were made on behalf of the Russian bank's customers during the year. A credit...