Southwest disclosed the info while announcing the results of its first quarter report. Its second quarter results are likely to be affected by the conclusions drawn by investors from the mid-air engine explosion of its 737-700 jet which occurred last… Read More ›
Sustainability
VW Open Working With Tata Motors For Making Affordable Car For The Indian Market
German automaker Volkswagen AG has not given up on its plans of manufacturing and offering budget cars to millions of potential consumers in India as this became apparent as the company signaled that it had not completely ruled out a… Read More ›
Comcast Bids £22bn For Sky, Its Support For Rupert Murdoch Acquisition Cancelled By Sky
The hopes of Rupert Murdoch to acquire Sky successfully apparently have bene roadblocked by a rival bid of £22 billion bid by the US Media giant Comcast. A number of regulatory issues have held up the takeover of a 61 per… Read More ›
Fears Of Poor iPhone X Demands Spokes Investors, Apple Stock Looses $64bn In Three Days
The death knell could be sounded for the rally in the stocks of Apple following rising worries about the company’s iPhone x sale figures following reporting of disappointing guidance from two of the key suppliers of the iPhone maker. The… Read More ›
Fears Of U.S Sanctions On Iran Forces Oil To Touch $75
The possibility of new sanctions on Iran spooked investors and traders which drove the price of crude oil to $75 a barrel which is the highest mark hit by it in more than three and half years. Brent crude reached… Read More ›
After TSCM, Another Apple Supplier AMS Issues Poor Outlook, Fears Of Weak iPhone X Demand Predicted
After TSCM, one of the largest chip suppliers for Apple’s iPhones brought down its target for the complete year at the end of last week, another supplier for the iPhone maker AMS.AG cautioned investors on possible negative operating margins which… Read More ›
Amazon increases its traction in India as its expands further into the groceries market
Last week, Jeff Bezos, Amazon’s founder and CEO told shareholders in a letter that Amazon India is its fastest growing marketplace: in its first year of Amazon Prime, Amazon added more members in India than any other location in Amazon’s… Read More ›
IMF Announces India To Be The Sixth Largest Economy Of The World With GDP At $2.6 Trillion
The International Monetary Fund has officially declared India to be the world’s sixth largest economy as it displaced France with a narrow margin to gain the coveted position in the global economy. the United States, China, Japan, Germany and United… Read More ›
Uber Technologies wants VMWare’s Zane Rowe as its CFO
Uber needs to fill the post of the CFO before it launches its IPO in 2019. As per a Bloomberg report, Uber Technologies Inc has selected VMware Inc’s Zane Rowe as its top candidate for the post of chief financial… Read More ›
Nissan Motors aims to triple the sales of its luxury car brand Infiniti in China by 2021
Nissan Motors move underscores a deep rooted strategy as it tries to elevate Inifinity’s brand image the way Tesla has done for its offerings – producing a sleek, highly desirable, premium lineup of electric cars. In a strategic development, Nissan… Read More ›