The App Store of United State based tech giant Apple helped to generate sale revenues worth $458 billion last year, showed a study that was backed by the iPhone maker that was released on Monday.  These sales revenues were generated from categories such as retail of physical goods,...

Iraq has agreed with foreign companies to further reduce oil production in June, as the country is trying to improve its execution of the OPEC + deal, Reuters reported citing several unnamed sources working at the affected oil projects. According to the agency’s interlocutors, Russian Lukoil will...

The British government has imposed a 14 day mandatory quarantine for all incoming air travelers. This policy has not gone down well with the airlines of the country.   This has prompted three major airlines to launch legal action against the British government. The airlines called the new...

With the aim of giving itself more flexibility for mergers and acquisitions amid the economic and business hit due to the novel coronavirus pandemic, Unilever has proposed to set up a single company in Britain and to do away with its dual Anglo-Dutch legal structure.   The dual structure of...

In the UK, several thousand pubs will not be able to resume work when the restrictions associated with the coronavirus are lifted, The Independent writes on Thursday. According to the newspaper, the trade industry organization UK Hospitality sent a letter to the country's ministers, in which it...

A moratorium for one year on the use of Amazon’s facial recognition technology for use by the police will be implemented, the United States based tech giant has said. The company had earlier defended its business of facial recognition but, according to analysts, it was prompted to take this...

An export ban on hydroxychloroquine, the drug against malaria touted to be "game changer" by the United States president Donald Trump against Covid-19 pandemic, has been lifted by the Indian government.     "Department of Pharmaceuticals has approved the lifting of ban on Export of...

On Wednesday, Ford announced a recall of a total of 2.5 million cars of various models in North America due to potential problems with closing doors and leaking brake fluid, the manufacturer said in a statement. “If the door closes after several attempts to do this, then there is a possibility that...

According to a report published by the news agency Reuters, about 15 per cent of its workforce will be laid off by BP because of the economic hit form the novel coronavirus pandemic. This is a part of the plans of the company’s Chief Executive Bernard Looney to shift the focus of the oil and gas...