Companies making consumer products have stopped production of niche items such as scented bleach and have instead sped up manufacturing of more basic merchandise which is in high demand as

Contrary to what many of the leading tech companies have been announcing with reference to their financial performance amid the coronavirus pandemic as announced by the World Health Organization (WHO),

The spread of coronavirus infections in countries all across Europe has prompted the United States president Donald Trump to suspend all flights from mainland Europe entering the US for 30

After the failure of the talks between the OPEC and Russia to further deepen oil production cuts last week, the state controlled oil giant Saudi Aramco has been asked by

United States based companies in the airline, cruise and travel industries that have been hit by the coronavirus outbreak could be given a tax relief by the Trump administration to

The United States auto major General Motors has announced an investment of more than $20 billion till 20205 that it will make on development of technology and production capabilities for

A “virtual format” for their Spring Meetings will be held by the International Monetary Fund and the World Bank instead of gathering in person for their annual meeting in Washington

The United States has blocked startup CloudMinds, backed by SoftBank, from sharing technology developed in the US with its China business, claimed a report published by the news agency Reuters.

There can be as much as a 13 per cent year on year drop in its first quarter revenues because of the sudden and extensive slowdown of economic activities and

Both the International Monetary Fund and the World Bank are contemplating to scale down their Spring Meetings to be held in April or conduct them through teleconference because of the

While announcing a record high for its profitability for 2019, owner of the Peugeot brand PSA Group warned of dropping sale industry wide in Europe for the current year even

Plant based meat producing startups such as Impossible Foods and Beyond Meat are set to face stiff competition now as the agriculture giant Cargill has just announced its plans of

The legal hurdle to the efforts of the United States based electric car making company Tesla to build an electric-car factory in Germany was overcome by it recently. A permission

While the brick-and-mortar stores of the largest retailer of the world Walmart in Japan, having opened up about decades ago, continue their search for profits, the company has tucked into

While issuing a warning that revenues would be significantly impacted by the outbreak of the coronavirus in China, Apple Inc major supplier and vendor Taiwan’s Foxconn said on Thursday that

Lawyers standing in court for the Chinese telecoms giant Huawei Technologies have Alleged that the prosecutors in the United States who probed the company had intentionally some very obviously visible

The outbreak of coronavirus in China is hurting the sale of German sportswear makers Adidas and Puma because of closure of stores in the country as well as a reduction

It has been more than a decade that the South Korean tech giant Samsung Electronics has invested in building production units for its smartphones in low cost Vietnam and now

The Chinese provinces most impacted by the coronavirus virus are the ones that are most intricately linked to the global business network, found a recent study that was issued in

While attempting to restart operations at their Chinese factories that have been closed down temporarily because of the spread of the coronavirus, major auto companies are also trying to ensure

United States based Delta Airlines plans to become the first US airline to become completely carbon neutral over the next 10 years. The company has set a budget of $1bn

Its first annual loss in a decade was reported for 2019 by the French auto giant Renault. This forced the company to also cut down its forecast for 2020. The

Food giant Nestle has set for itself a new strategy for innovation with the setting up of new structures that will help to turn new and innovative ideas from both

While there is a growing demand for private jets by wealthy passengers trapped in China to try and get out, the travel bans imposed by the Chinese government and a

Companies that have been affected financially by the rapid spread of coronavirus in China can avail loans worth a total of 20 billion yuan or $2.86 billion with special treatment

A number of recently published research reports forecast a sharp drop of almost 50 per cent in the sale of smartphones in China in the first quarter because many of

Fear of the fast spreading coronovirus could keep Chinese workers of Amazon.com Inc sellers away from work for longer which could result in shortage of products for the sellers. A

In what is being seen as the beginning of the war over high speed internet across the globe between the space internet companies OneWeb and SpaceX, the former successfully launched