In a significant development Volkswagen AG said, it has asked the U.S. Supreme Court to reverse an Ohio court ruling which paved the way for the state to move ahead with a lawsuit over its diesel emissions scandal. Previously, VW had… Read More ›
Entrepreneurship
Hershey Co files lawsuit against cookie maker Cookie Department Inc in Hershey’s Kisses dispute
Cookie Department Inc, a cookie maker based out of California has sued Hershey Co for the right to keep using a stylized chocolate chip teardrop on its packaging, following Hershey complained that it looked too familiar with its famous Hershey’s… Read More ›
China directs closure of American Chamber of Commerce in Chengdu without citing violation of specific Chinese law
Officials from the American Chamber of Commerce in China’s southwestern city of Chengdu said, Chinese authorities have instructed them to close the American Chamber of Commerce. Earlier this week, the chamber notified its members that, in accordance with Chinese laws… Read More ›
Ryanair And Lufthansa Signal Strong Recovery Of European Airline Industry
A “very strong recovery” in the coming months in the airline industry is expected by Ryanair, the largest airline of Europe by passenger numbers, according to the company’s Group Chief Executive Michael O’Leary. Its target of flying more than 10.5… Read More ›
The Delta Variant And Supply Chain Issues Slow Down Growth In China In August
With China trying to tackle a surge in Covid-19 cases and grappled with the ongoing shipping crisis, the economy of the country slowed down in August. An official survey denoting manufacturing activity dropped to 50.1 in August compared to 50.4… Read More ›
KMS Financial Services, Cetera entities and Cambridge Investment Research agree to pay fines for non-compliance to SEC cybersecurity policies and procedures
In a statement the U.S. Securities and Exchange Commission (SEC) said, the units of three broker-dealer and investment advisory firms have agreed to pay hundreds of thousands of dollars in penalties to settle charges over cybersecurity failures. The SEC had… Read More ›
Reports Of Talks With Tesla Pushes Share Price Of Indian Auto Parts Makers
Following reports in the local media about the United States based electric car maker Tesla holding talks with at least three auto parts suppliers of India to decide on sourcing critical parts for its cars for an anticipated entry of… Read More ›
Economists Fear A Slowdown In Australian Q2 Economy Even Before The Delta Hit
Australian economy is likely set to fall into a vicious contraction in the third quarter as the economy was likely already slowing down prior to the imposition of wide scale coronavirus restrictions which closed down business and jobs. If the… Read More ›
Singapore-based Shopee emerges as game changer in Brazil’s e-commerce market
Singapore-based Sea Ltd’s took just two years to become Brazil’s most-downloaded shopping app, winning users to its low-cost marketplace with its game-changing approach to e-commerce which uses in-app mini-games that offer coupons to winning users. Sea has combined online shopping with… Read More ›