Recent Posts - page 544

• Toshiba sues former employee for fraud

  By admin1 on October 31, 2019 • ( 0 )

  

  Following detection of fraudulent transactions, Toshiba has filed a lawsuit against a former employee at its U.S. unit. On Thursday. Toshiba Corp said it has filed a lawsuit against a former employee of a U.S. unit for conspiring with a… Read More ›

• Fiat Chrysler and Peugeot set to merge to create world’s 4th largest automaker

  By admin1 on October 31, 2019 • ( 0 )

  

  The boards of both companies hve agreed to the merger and a binding MOU is set to be signed in the coming weeks. On Thursday, in a joint statement, Peugeot’s owner PSA and Fiat Chrysler stated, they would merge by… Read More ›

• EU Looking Into Possible Antitrust Breach By Apple Pay In Europe

  By admin2 on October 30, 2019 • ( 0 )

  

  The antitrust regulators of the European Union are seeking information from online sale companies about whether they were either directed or asked to consider the mobile payment service of Apple Inc in place of similar payment apps of rival companies…. Read More ›

• Alphabet Misses EPS Estimates For Third Quarter, Shares Fall

  By admin2 on October 30, 2019 • ( 0 )

  

  Alphabet, parent company of Google, missed market estimates for earnings per share for the third quarter. But the company fared well in the other financial data released by it recently. The quarterly performance initially brought down Alphabet shares by as… Read More ›

• Facebook To Pay Fine In Cambridge Analytica Data Breach Scandal

  By admin2 on October 30, 2019 • ( 0 )

  

  A fine of £500,000 has been agreed to be paid by Facebook to the Information Commissioner’s Office in relation to its alleged role in the Cambridge Analytica scandal. This fine which is the highest possible one would bring an end… Read More ›

• 89% Drop In Profit For Chinese Electric Carmaker BYD In Q3

  By admin2 on October 30, 2019 • ( 0 )

  

  One of the major players in the electric car industry in China – BYD, reported an astounding 89 per cent drop in net profit for the most recently ended quarter. This resulted in the shares of the company dropping by… Read More ›

• Marginal Slowdown In US Economy In Third Quarter

  By admin2 on October 30, 2019 • ( 0 )

  

  Resilience in consumer spending and a rebound in exports offset a decline in business investment in the third quarter for the United States economy resulting in the economy slowing down at a slower pace than markets had been expecting, This… Read More ›

• Aramco’s IPO likely to be launched on Nov 3: sources

  By admin1 on October 30, 2019 • ( 0 )

  

  The IPO, which is likely to be upwards of $20 billion, will be one of the biggest ever public offerings to hit the market. On Wednesday, in a statement Saudi Arabia’s energy minister said, the initial public offering (IPO) for… Read More ›

• Amazon pumps in more than $600 million into its Indian subsidiaries

  By admin1 on October 30, 2019 • ( 0 )

  

  Amazon has not clarified how and where it will utilize the money. Documents filed with the Registrar of Companies show that U.S. retailer, Amazon.com Inc has invested $634.20 million (around 45 billion rupees) into its Indian subsidiaries. Clearly, Amazon is… Read More ›

• Britain’s House of Commons approves Boris Johnson’s snap elections

  By admin1 on October 30, 2019 • ( 0 )

  

  The snap election gamble could see Johnson’s political career in the same place as that of his predecessor Theresa May. With just two days to go before Brexit’s deadline of October 31, Boris Johnson’s “do or die” promise to deliver… Read More ›

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