Japanese auto giant Toyota has decided not to manufacture any new cars at its production unit in the United Kingdom from the very next day after the UK leaves the European Union. The company described this move as a part of its plans to take care of any disruption that could take place because of a...

Chinese tech giant Huawei Technologies would be launching a high end smartphone for the European market despite the company potentially not being able to offer its buyers the Android operating system from Google as well as number of other applications such as Google Maps.   According to...

Semiconductor manufacturers are facing a serious threat from global tensions, said Lung Chu, President of SEMI China Industry Association, to CNBC. "Trade tensions are a big uncertainty," Chu said. According to him, technological control, as well as export restrictions on the Chinese technology...

Billionaire Peter Thiel, who became Facebook's first major investor 15 years ago, continues to reduce his stake in Mark Zuckerberg. In August, he sold Facebook shares for $ 4 million. PayPal co-founder billionaire Peter Thiel has sold another portion of his stake on Facebook, Fortune writes citing...

While warning for what it called illegal gathering and protests outside of its offices, the Hong Kong carrier Cathay Pacific Airways stressed that it had zero tolerance for "violent activities" and it would also not tolerate any of its employees taking part in the protests.   The airlines...

After a long separation, the American tobacco giants Philip Morris and Altria Group pondering a merger. Representatives of companies spoke about a possible reunion. The details of the deal have not been disclosed, but analysts estimate that Philip Morris shareholders will receive approximately 59%...

The company was convicted of the spread of the opioid epidemic in Oklahoma. The Oklahoma court found that Johnson & Johnson was involved in fueling an opioid crisis in the state, fined the company $ 572 million "to address the devastating effects of the epidemic on the state and its residents."...

According to estimates by French insurer AXA, there is a 40 per cent more likelihood of accidents happening for electric luxury cars and sport utility vehicles (SUVs) compared to the conventional SUVs potentially because drivers are still unable to completely adjust to quick the quick acceleration...

Toy maker Hasbro paid $ 4 billion for Canadian Entertainment One, which created the cartoon Peppa Pig. The largest deal in Hasbro’s history will help it more effectively promote its products in the media. American toy maker Hasbro will pay $ 4 billion will buy the Canadian company Entertainment...