After having announced its decision to ban all political ads on its platform, the social media giant Twitter now has the tough task of actually putting out a policy even while facing potential protests and questions about its policy. The announcement was made about two weeks ago by the company CEO...

According to reports, an extension for two week for a license to American companies will be given by the Trump administration to allow them to do business with the Chinese tech giant Huawei, which has been blacklisted by the US government.     However, this two week time period is way...

Net profit of Danish company A. P. Moller-Maersk A/S (Maersk) totalled $17 mln in January-September against $3.15 bln in January-September 2018, according to the company's financial statements. Revenue increased by 0.6% to $29.222bn, EBITDA - by 1.6% to $4.249bn. Including the net profit in the III...

U.S. company Amazon plans to file a lawsuit against the U.S. Department of Defense demanding a review of the Pentagon's decision to enter into a contract with Microsoft, CNN reported citing the corporation's statement. The contract for the creation of cloud storage infrastructure is designed for...

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...