The London Stock Exchange (LSE) is negotiating purchase of the financial information-analytical company Refinitiv. The transaction may reach $ 27 billion, and create the world's largest publicly traded capital analysis company. LSE's statement on negotiations on the purchase of Refinitiv was a...

No fossil fuel projects would be financed by the European Investment Bank by the end of next year, the lender has said. It said that all such multibillion euro project funding would be stopped to align its business strategy with that of the targets of climate change prevention.   Support for...

United States president Donald Trump warned Google Inc. over the tech giant’s alleged relationship with China Opens a New Window.   This warning comes at the heels of the company rejoicing over a 19 per cent jump in its most recently closed quarter.     "There may or may not be...

Citing the issues of reduced sales, Ford has announced a line up of slashing down its workforce. Ford Motor has plans of laying off nearly two hundred employees in September from its Canada-based manufacturing plant located in “Oakville, Ontario”, while there is a possibility that more such lay off...

According to its earnings report for the last 6 months which ended on June 30, its revenues have also been impacted by new legislation introduced by China. On Wednesday, Croda International Plc, a speciality chemicals maker, stated its personal care unit has been significantly hit by the U.S.-China...

While the global auto industry is developing and inducting in vehicles crash avoiding technologies, insurance companies are cautioning consumers who are seeking a discount in insurance for purchasing vehicles fitted with automated cruise control modes collision-avoiding braking technologies....

In a latest example, of business ties between companies of the two countries been affected by the United States- China trade tensions, Chinese tech giant Huawei claimed that its delivery former partner - American delivery company FedEx Corp is probably still holding on to 100 packages of the...

In the first half of 2019, Alphabet Inc. (USA), which owns Google, increased its net profit to $ 16.6 billion, by 32% compared to the same period in 2018, according to the company’s press release. Diluted earnings for class A, B and C shares rose to $ 23.71 from $ 17.89 a year earlier. Revenue rose...

Facebook reported for the second quarter and the first half of the year: the net profit of the social network in both cases decreased by half. Such a sharp drop is not due to the Facebook business, but to a record $ 5 billion fine imposed on the company by the US authorities for disclosing data of...