United States based Apple Inc will bring in changes to its policy on executive cash bonuses which will now be based on whether the executives act within the company's social and environmental values, the iPhone maker said in its annual proxy filing on Tuesday.   But how the evaluation of the...

After the New York Stock Exchange (NYSE) said last week that it would delist China’s three biggest telcos from the exchange under a plan that was branded “political” and of “limited” impact by China, there was a drop of as much as 5 per cent in the shares of the three companies at the Hong Kong...

Daimler Trucks North America failed to recall vehicles in time to “comply with reporting requirements”. The “North American truck unit” of Daimler AG has come to an agreement of paying a “$30 million U.S. civil penalty” in order to resolve the “delayed recalls” related investigation which marks the...

The decision of imposing fine stemmed from consumer complaints. Chinese market regulator informed that it has imposed fines on “JD.Com Inc, Alibaba’s Tmall and Vipshop” under “irregular pricing” whereby each of them have to pay “500,000 yuan” equal to “$76,657”.   Taking to social media, the...

In a bid to restructure operations, Honda decides to step out from Russian auto market. Japanese Honda Motor’s Russian subsidiary informed that it will end its supply of new cars to Russia’s official dealers in 2022. This move comes under the company’s attempt to “restructure its operations”....

Shares in those companies that benefited from the pandemic, including Zoom, fell more than 6 per cent as investors sought to lock in profits before the New Year. In contrast, shares of tech giants, including Apple and Facebook, continue to attract investors. Investors have started selling off the...

The $4 billion takeover of top South Korean food delivery app owner Woowa Brothers by Germany's Delivery Hero has been approved with the condition that the German company will have to divest its South Korean food delivery app Yogiyo.   This approval and the sale of Yogiyo will mean Delivery...

US confectionery and pet food giant Mars plans to build Asia's largest state-of-the-art animal food factory in Tianjin in northeast China, Xinhua news agency reported. A construction launch ceremony for the project was held in Tianjin early last week. According to the plan, the plant will occupy an...

Despite the fact that the United States based cyber security providing companies, including FireEye Inc and Microsoft Corp, were not able to prevent a huge network breach that came to the forefront this month in which numerous US agencies and companies were reportedly affected, the shares of the...