The investment of $1.5 billion by FedEx will double its sorting facility while creating 200-400 jobs in the process. U.S. package delivery service company FedEx has disclosed that it is set to invest $1.5 billion (1.4 billion euros) in Roissy,… Read More ›
As per a source with direct knowledge of the matter at hand, Credit Suisse CNGN has agreed, in principle, to pay about $110 million (100 million euros) in order to settle its tax investigation in Italy. According to investigators, Credit… Read More ›
The complaint revolves around the issue that although the smartphones weren’t operational they have been billed on a monthly basis. The U.S. unit of Samsung Electronics Co Ltd is facing a proposed class action lawsuit from 3 Galaxy Note 7… Read More ›
In contrast to a CNBC report, Tesla Motors has clarified that only deliveries for new orders for the Model 3 will be from 2018. There is no change in deliveries for old orders. Tesla Motors Inc. has disclosed that customers… Read More ›
The yearly out-of-pocket cost of tuition for Singapore citizens after they received government subsidies was researched by ValuePenguin in a city that has five major universities – National University of Singapore (NUS), Nanyang Technological University (NTU), Singapore Management University (SMU),… Read More ›
According to a survey from cybersecurity firm Symantec, many companies are unprepared for new European regulations that will require higher standards of data protection. Firms would be required to clear accountability so that firms may be held accountable if they… Read More ›
With Audi being VW’s profit engine, delays in implementing technological projects are likely to weigh down its competiveness in the burgeoning EV market. The diesel emission scandal is now casting its long dark shadows on its very future. Sources… Read More ›
Kelly is likely to focus on tighter integration of the company’s operations in the U.S., Europe and China. Visa Inc. has disclosed that its CEO, Charles Scharf, will be stepping down and will be succeeded by Alfred Kelly. Scharf was… Read More ›
As per government sources, the South Korean government could lend Hyundai Merchant Marine a helping hand if it were to bid for Hanjin Shipping’s assets. Hanjin Shipping Co Ltd may receive a lifeline from Hyundai Merchant Marine Co Ltd. The… Read More ›
The ZTO IPO will is likely to overshadow Alibaba Group Holdings 2014 IPO. Alibaba Group Holding’s splash in the e-commerce IPO market is set to be dwarfed by ZTO Express, a Chinese Logistics company which is set to launch the… Read More ›
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