Recent Posts - page 561

• Despite Media Backlash, Facebook Grows In Third Quarter

  By admin2 on October 31, 2019 • ( 0 )

  

  Facebook has once again showed that backlash in the media and among political and regulatory circles does not necessarily translate into poor business performance as the social media company reported growth in the third quarter of the current fiscal despite… Read More ›

• Fiat Chrysler And Peugeot Merger Could Be Announced Very Soon

  By admin2 on October 31, 2019 • ( 0 )

  

  According to reports, it is likely that an announcement of the merger of the PSA Group, the French owner of Peugeot, and its US-Italian rival Fiat Chrysler will be made shortly. If the merger actually happens between the two companies,… Read More ›

• Hong Kong’s economy falls into a recession

  By admin1 on October 31, 2019 • ( 0 )

  

  Hong Kong, Asia’s financial hub, is likely to see a large outflow of capital moving to Singapore. On Thursday, according to preliminary goverment data, for the first time since the 2007-2009 global financial crisis, Hong Kong, weighed down by an… Read More ›

• Brexit contributing to slowdown in British car manufacturing

  By admin1 on October 31, 2019 • ( 0 )

  

  Already hit by falling sales in China, and from the U.S.-China trade war, the automotive industry is going through a turbulent time. On Thursday, an industry body in Britain disclosed, British car production has dropped by an annual 3.8% in… Read More ›

• 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 ›

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