French carmaker Renault has reported a financial loss of €8 billion in 2020. This is the biggest loss the company has suffered since its inception, the car giant said in a report. Working capital fell 8.9 per cent in the second half of the year amid the coronavirus pandemic, and net losses amounted...

Bill and Melinda Gates' charitable foundation has divested itself of all its shares in Alibaba and Uber and sold half its stake in Apple. Instead, it has increased its stake in the IT developer, whose shares have risen by around 500% in a year. Bill and Melinda Gates foundation, the Bill &...

There is a willingness among people to pay a little bit more for their goods if they know that the extra money will help in addressing climate change, said the chief of the biggest shipping firm of the world Maersk.   Shipping can be a big part of any product's carbon emissions - from...

The ruling by Britain’s Supreme Court this week that the drivers of the ride hailing company Uber should be treated as employees and were entitled to worker rights such as the minimum wage.   While this ruling is limited to a handful of the company’s driver sin London, analysts said that...

Companies in the packaged food industry are trying to gather more data about the purchasing habits of their customers and this is pushing companies like Kraft Heinz, General Mills and Kellogg to focus on selling of their products to consumers directly through their own online sale channels.  ...

The Australian government will continue to push for implementing laws that are designed for force Facebook Inc to pay news outlets for content, said the country’s Prime Minister Scott Morrison, adding that several world leaders had expressed support to his government’s stand after the social media...

Gold fell to November's values of $1770 an ounce. The metal lost more than 4% in five days. The decline was due to expectations of global economic growth as well as a hike in US interest rates. Assets of exchange-traded funds, investing in gold, lost almost 40 tons in three weeks and returned to...

An easing of tension at their Himalayan borders between India and China has resulted in a thawing in the cold relation between the two neighbours which has potentially prompted the Indian government to seriously consider clearing of some new investment proposals from China as early as within the...

Most homes in the world are built from brick and mortar or wooden blocks – in essence they are built block by block.   However, a company in the United States has built a new demo house in Calverton, New York that was not constructed in the traditional manner but was made by scanning. The...