Fear of the fast spreading coronovirus could keep Chinese workers of Amazon.com Inc sellers away from work for longer which could result in shortage of products for the sellers.   A Reuters report mentions about Brandon Young, owner of a company that sells portable Apple Inc watch chargers...

Court in the US state of New Jersey ordered Johnson & Johnson (J&J) to pay $ 750 million in compensation for moral damages to four plaintiffs who claimed to be ill because of asbestos in the manufacturer’s talcum powder, the Wall Street Journal reported. The judge, presiding over the process...

The hope that the Indian government will enhance the regulations for cars sold in India to levels that are comparable with the developed market is being latched on to by Volkswagen-owned Czech carmaker Skoda for to turn around its fortunes in a market where its growth has stalled.   Skoda...

Worse than expected fourth quarter results from Ford pushed its shares down by 9.5 per cent pm Tuesday. The United States based auto major made a loss during the quarter and its forecast for 2020 was well below the market expectations. The company blamed higher warranty costs, investments in future...

ICE, the owner of the New York Stock Exchange, has made an offer to purchase an eBay online marketplace, WSJ sources said. As part of the deal, eBay could be valued at more than $ 30 billion. Intercontinental Exchange (ICE), which owns the New York Stock Exchange, has made an offer to purchase the...

Even though the Chinese government and authorities in various cities and regions have called for companies to shut down to prevent the spread of coronavirus, there are some tech companies in the country are still continuing with their operations of manufacturing parts and products.   For...

Honda has a joint venture with China’s Dongfeng Group in Wuhan’s Hubei province. On Monday, Japanese automaker Honda Motor Co stated, its three car plants in Wuhan with the Dongfeng Group will remain close until February 13. Although earlier it had said, it expects to resume production on February...

Smartphone production in India could get disrupted is the impact of the deadly coronavirus outbreak in China drags into February, said industry executives in India. This is because of the travel bans and lockdown of cities in China that could cause delays in shipment of components.   This is...

Deutsche Bank showed an annual loss amid ongoing restructuring and growing competition from other banks. The bank said that in 2019, the net loss amounted to € 5.3 billion due to revaluation of assets, cost optimization as part of the overall transformation of the business. The loss turned out to...