Facebook has launched the Facebook Pay electronic payment system, which will operate on the social network of the same name, its messenger, Instagram and WhatsApp, the company’s blog reads. The service started in the USA for Facebook and messenger to pay for purchases in gaming applications and in...

Profits at the Japanese auto major Nissan Motor Co Ltd fell by 70 per cent for the July-September quarter as reported by the company on Tuesday while also announcing a lowering of its forecast for the entire year’s profits which came out to be the lowest in 11 years. Ever since the arrest and...

Already in 2021, fuel requirements will be tightened, and from 2025, measures to reduce emissions will already be transferred to a regular basis. Formula 1 has introduced a plan to move towards zero carbon emissions by 2030. It applies not only to racing tracks, but also to cars of personnel, air...

In order to measure up to stiff competition and to counter a period of tough trading in the global banking scene, a new digital banking platform is being planned to be launched soon by HSBC and RBS, the banks told customers and shareholders recently.   On Monday, a new app-based business...

According to a new report released by executive headhunters Spencer Stuart, for the first time last year, the $300,000 mark for the average annual compensation for non-executive directors at S&P 500 companies was passed with an average compensation of $304,856 which was 2 per cent higher year...

The American company Transform Holdco, which owns retail chains Sears and Kmart, has announced that it will close 96 stores, that is, about a third of all stores in both chains. At the same time, the company said it provided a loan of $ 250 million, which will enable retail chains to continue to...

Disney said the "circumstances" prevailing in Hong Kong had a negative impact on the company's theme parks, CNBC reports. The profit growth of Disneyland Paris and Shanghai Disney Resorts was offset by deterioration in the results of the Hong Kong Disneyland Resort, the company said. "The...

Users of the United States based ride sharing company Lyft has said that it would be ready to offer free rides to those users of its services in San Francisco who decide to get rid of their cars and sell them off.   A new program called Ditch Your Car was announced by Lyft on Thursday as a...

Net profit attributable to shareholders of the German manufacturer of sportswear and equipment Adidas AG increased in January-September by 13.5% in annual terms to €1.809 billion. Earnings per share rose to €9.13 from €7.86 a year earlier. Revenues increased by 6.7% to €17.802 billion. Net profit...