Honda Motor’s CEO will be holding a news conference at 3:30pm (0630 GMT / 0730 British time). On Wednesday, Honda Motor Co stated its CEO Takahiro Hachigo would be holding a news conference at 3:30 p.m. (0630 GMT / 0730… Read More ›
Creativity
Berkshire Hathaway Inc buys 38.6% stake in Pilot Flying J
Pilot Flying J is one of the largest truck stop operators in the U.S. On Tuesday, Warren Buffett’s Berkshire Hathaway Inc stated it is buying a 38.6% stake in Pilot Flying J, one of the largest truck stops operators in… Read More ›
Tesla Motors’ Model 3 delayed by production bottlenecks
Tesla is expecting to ramp up its production to 1,500 Model 3 a week. After Tesla Motors’ announcement that its mass market Model 3 sedan was facing production bottlenecks, its shares slipped by 2% before the closing of the bell… Read More ›
Amazon looking to expand its footprint in France
Amazon is on the prowl in France. The online retailer aims at entering the country either theough the acquisition route or buying a stake in a French supermarket. French Newspaper Le Monde has reported citing sources familiar with the matter… Read More ›
British Airlines Monarch files for Administration leaving behind 110,000 customers overseas
The airlines has canceled all future bookings. The British government is making efforts at bring back all of Monarch’s stranded passengers back to the UK. On Monday, in a development that has prompted what is slated to be Britain’s biggest… Read More ›
U.S. investors prefer growth over quality
Although the share prices of companies with high sales volumes have significantly outperformed quality stocks thanks to the loose monetary policies by the Fed, the market dynamics however is likely to reverse with the Fed deciding to gradually taper down… Read More ›
Saudi Arabia’s Capital Market Authority lowers entry barriers for investors as part of its strategic Vision 2030 plan
With its Vision 2030 plan, Saudi Arabia is inviting domestic and foreign investors to invest in its economy as it tries to diversify and wean itself away from an oil-based economy. As per a presentation made by senior officials at… Read More ›
Munich prosecutors arrest the former head of R&D at Porsche marking the first arrest in Germany following VW’s diesel emission scandal
While Wolfgang Hatz’s personal premises were searched by prosecutors in Germany, corporate locations were not part of the raid. As per a source familiar with the matter at hand, prosecutors from Munich have arrested a former member of Porsche board… Read More ›
Amazon.com’s Whole Foods Market reports credit card information of consumers stolen its taprooms and restaurants
Since Whole Foods uses a different point-of-sales system at some of its stores, the data kep in those systems weren’t accessed by hackers. Hackers haven’t been able to touch any of Amazon.com’s data in its computer systems. In a significant… Read More ›
Apple has reported a sharp increase in national security requests coming from the U.S. Government
National security letters (NSL) are a form of subpoena for communications data sent to service providers and are typically accompanied by a gag order. While not requiring a warrant, they imply that the target being surveyed is unaware of their… Read More ›
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