The French investment company Phitrust, a minority shareholder in the PSA Group (which produces Peugeot and Citroen cars, as well as DS, Opel and Vauxhall), has opposed the merger of PSA with Fiat Chrysler Automobiles NV (FCA) on terms agreed last year. In a press release issued on the eve of the...

The Swedish mapping technology company Mapillary that gathers together images contributed by tens of thousands of contributors to create immersive and up-to-date maps have been acquired by last week by the social media giant Facebook, the two companies announced.   The technology at the...

In the wake of the racial-justice protests in the United States and other countries following the death of a black man allegedly because of police brutality in the US, there are many customers who have pledged to direct their spending towards companies that are Black-owned. This has prompted a...

One of the leading air carriers in Japan, Japan Airlines (JAL) announced its intention to pay each employee up to 150 thousand yen (about $1.4 thousand) as measures to support personnel amid a significant drop in the number of flights due to the coronavirus epidemic, Kyodo reported. It is assumed...

Groceries in the United Kingdom, other parts of Europe and in the United States is anticipating a shift to home delivery of products beyond the end of the novel choronavirus pandemic crisis which has prompted the German discount supermarket chains Aldi and Lidl to accelerate their push into home...

Amazon could soon be delivering alcohol to customers in India.   The largest e-commerce platform in the world has already secured clearance to deliver alcohol in West Bengal, a state in the Eastern region of the country according to a report by Reuters. This signals the first foray of the...

A spyware attempt that was discovered recently and one that was downloaded 32 million times through extensions to Google’s market-leading Chrome web browser reflected the failure of the tech industry to provide enough protection to browsers that are being used more these days for emails, payroll...

While announcing the all of the vehicles that will be used on its ride-hailing and rental car platform will be electric by 2030, the United States based ride hailing company Lyft has said that it would not provide any direct financial assistance to drivers to convert from gas powered cars to...

Data from a banking regulator showed that profits at banks of the United States dropped by 69.9 per cent year on year for the first quarter for the current year to touch $18.5 billion because of the economic impact of the novel coronavirus pandemic.    The "deteriorating economic...