Many countries of the world currently are in the negative rate environment. Credit Suisse is one such bank that is under such a regimen. The banker has recently announced that

Japan’s SoftBank Group Corp. is planning to gain control over the shared office space company WeWork Companies Inc by giving the cash strapped company a financing package that it has

Many were concerned that the social media company Facebook would take over digital currency market after it announced the launch of its digital currency Libra on June 18th. Facebook has

German auto maker Daimler has been ordered to recall hundreds of thousands of diesel vehicles by the federal transport authority of Germany, the KBA, over issues related to the company

An agreement between Grid Corporation of China and the United States based power company Sempra Energy is most likely in relation to a sale of Chilean business of the US

The United States has been awarded permission to impose tariffs on $7.5 billion of European goods by the World Trade Organization (WTO) and many analysts fear that this could be

The South Korean electronics giant Samsung Electronics Co Ltd announced on Wednesday that it would end production of its mobile phones in China. The company said that its fortunes and

There has been a rise of about 40 per cent in the last one year in the amount of money that had been stolen by criminals through bank transfer scams

Since the downturn in the global oil market three years ago, Saudi Arabia has been trying to reduce the dependence of its economy on revenues from oil. As a part

After the debacle faced by the American office renting form WeWork just before the launch of its initial public offering (IPO) because of a substantial fall in valuation compared to

The first indigeneously developed artificial intelligence (AI) chip was introduced by Alibaba Group. The chip comprises of a neural processing unit and has been named Hanguang 800. The company claimed

Charges against the embattled former chairman and CEO of Japanese auto giant Nissan Carlos Ghosn and former director Gregory Kelly brought in by the United States Securities and Exchange Commission

The international travel industry was shocked on Monday with the news of one of British travel and tourism firm Thomas Cook, one of the largest and the oldest in the

“Tens of thousands” of apps made by about 400 developers have been suspended by Facebook as a part of its investigation after the Cambridge Analytica scandal, said the social media

Assurance that its suspended production capacity would be attained again by the end of the current month was given by state owned Saudi oil giant Saudi Aramco bringing in relief

Failure of the governments to tackle the challenges of climate change could have serious economic consequences, warned a group of more than 500 major institutional investors on Thursday, giving a

United States based tech giant Apple Inc said that the order of the European Union to the company to pay €13bn in back taxes to Ireland “defies reality and common

Despite the devastating drone attack on its largest oil facilities cutting down the output of Saudi oil giant Saudi Aramco by almost half, the company is pushing ahead with its

A rare public spat between the blue chip Wall Street firm Goldman Sachs Group Inc and its client and tech giant Apple Inc was on display as the iPhone maker

The United Kingdom based retailer Sainsbury’s has pledged that it would reduce ythe amount of plastic that it uses in its business by at least 50 per cent in 2025.

United States lawmakers now want to get hold of internal documents from from Google, Facebook, Amazon and Apple as a part of the US government’s investigations into big tech companies.

The development and launch of Facebook’s planned digital currency Libra in Europe will be blocked by France because it feels that it is threat to the “monetary sovereignty” of various

The primary supporter and investor of United States based company We Company, Japan’s SoftBank, is pushing the US company to postpone the planned initial public offering (IPO) for the time

In a fresh salvo at the Chinese tech giant Huawei, prosecutors of the United States have brought charges of fraud against a Chinese professor who allegedly had stolen technology from

There of the best performing IPOs for 2019 on Wall Street fell flat on their face as investors lost confidence on the high valuation of the stocks even after the