Investors push Barclays towards phasing out of financing into fossil fuel industry. Jupiter Asset Management is among the top twenty five investors of Barclays which has revealed its plans of supporting Barclays “shareholder resolution” which aims to cut the bank’s investments into the “fossil fuel...

Online social media platforms are making efforts to spread the right information about coronavirus outbreak. Facebook Inc’s C.E.O, Mark Zuckerberg, has informed that the company plans on giving “free advertisement” to WHO, World Health Organisation, for ensuring to stop the spread of misinformation...

United States based companies in the airline, cruise and travel industries that have been hit by the coronavirus outbreak could be given a tax relief by the Trump administration to help them to cope with the virus hit as the outbreak has hit revenues by a sudden and huge drop in bookings, said...

The United States auto major General Motors has announced an investment of more than $20 billion till 20205 that it will make on development of technology and production capabilities for the next generation of all-electric and autonomous vehicles in its efforts to make a dent in the fast-growing...

Sales of the Japanese automobile concern Honda fell by 85% in February due to the spread of a new type of coronavirus COVID-19 in China, Kyodo reported. Compared with the same month last year, sales in China fell by 85.1% to 11.3 thousand cars. This is a record reduction in sales for the company....

The American Recording Industry Association has published a report on the state of the US music industry in 2019. Its income grew by 11.7% compared to 2018, mainly due to streaming. According to the annual report of the American Association of Recording Companies, in 2019, revenue from the US music...

A "virtual format" for their Spring Meetings will be held by the International Monetary Fund and the World Bank instead of gathering in person for their annual meeting in Washington because of the growing concerns about the fast-spreading coronavirus.   About 10,000 attendees comprising of...

The United States has blocked startup CloudMinds, backed by SoftBank, from sharing technology developed in the US with its China business, claimed a report published by the news agency Reuters. This incident shows how the increased interference by the US government is creating issues for tech...

Blackstone Investment Fund acquires IQ Student Accommodation, which owns 66 dormitories with 28 thousand beds in the UK. Blackstone will pay Goldman Sachs and the Wellcome Trust, now the owners of the company, $ 6 billion. This will become the largest real estate transaction in the history of Great...