The development comes in the wake of a U.S. Senate panel approving the legislature for self-driving vehicles on U.S. roads. Cruise Automation, General Motors Co’s self-driving unit has disclosed that it has more than doubled the size of its test… Read More ›
HR & Organization
Uber Technologies almost out of the woods after adopting improved corporate governance and SoftBank deal
Although the measures adopted by Uber Technologies significantly shores up its corporate governance and reputation, it has however ticked off early Uber investors since it cuts off their super-voting rights which gives them 10 votes per share. This could potentially… Read More ›
There is likely to be just 5 Airlines Group in Europe in the next five years: Ryanair CEO
With many European airlines filing for bankruptcy and given the demand for air travel, bigger airlines are set to reap in the benefits. Expect ticket prices to shoot up since fewer air seats will be available. With some of Europe’s… Read More ›
Honda’s CEO to hold news conference today at 0630GMT
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 ›
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 ›