PG&E Corp is of the opinion that authorities are likely to conclude that the November forest fire, California’s most destructive and deadliest fire of modern times, was sparked by its equipment. In a filing in U.S. Bankruptcy Court in San… Read More ›
Starbucks had made the coffee presses in partnership with Bodum. They were sold in Starbucks cafes and on its website from Nov. 2016 through January 2019. As per a statement from the U.S. Consumer Product Safety Commission, Starbucks Corp is… Read More ›
Andy Hornby replaces Andy McCue who stepped down in February due to personal circumstances. Restaurant Group Plc, the owner of Frankie & Benny’s, stated it has appointed Andy Hornby as its as its new chief executive. Hornby was the co-chief… Read More ›
Since the defeat of ISIS in Syria in March, Iraq has become an investment opportunity for countries, including Saudi Arabia and the United States, as they seek to counter Iran’s growing influence in the region. At a joint press conference… Read More ›
No reason has been provided by Knorr Bremse for Klaus Deller’s removal as its CEO. Analysts believe Deller’s resignation may not have anything to do with the company’s financial performance or strategy. In a significant development, Knorr Bremse, a brake… Read More ›
Warren Buffet’s Berkshire Hathaway aims to help Occidental Petroleum Corp acquire its smaller rival Anadarko Petroleum Corp. In a significant development, Occidental Petroleum Corp disclosed, Warren Buffett’s Berkshire Hathaway Inc will be investing $10 billion in it so as to… Read More ›
A pioneering research into enhancing the air quality in White City is being undertaken by Imperial College London in collaboration with startup Arborea. According to the Imperial College, this is the first time ever that such a technology for air… Read More ›
There is a preference for larger, more efficient EVs that provide more milerange in the U.S. and Canada. Small two-person mini-cars are passe. In a significant development, German automaker Daimler AG stated, it will discontinue the tiny, two-person Smart cars,… Read More ›
In a landmark judgement, the ECJ ruled that provisions of the Comprehensive Economic and Trade Agreement (CETA) are not in breach of EU law. Incidentally, CETA is yet to be full implemented in the EU. On Tuesday, in a significant… Read More ›
Visa & Mastercard have offered to cut non-EU card fees to stave off fines and end the European Commission’s antitrust probe. On Monday, the European Union’s antitrust chief Margrethe Vestager stated, it has accepted an offer by Visa and Mastercard… Read More ›
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