Operators of payment systems Visa Inc., Mastercard Inc. and PayPal Holding Inc., as well as Uber Technologies Inc., providing services for taxi orders and food delivery, and several other large companies supported the new cryptocurrency Facebook, which the Internet giant plans to introduce next...

Mark Zuckerberg’s privacy push and pledged has not been able to convince its European regulator – the Irish antitrust body, which is currently conducting almost a dozen probes into Fracebook.   A news report in the Wall Street Journal had claimed that the founder and CEO of Facebook had been...

American carmaker Ford will recall more than 1.2 million vehicles in North America, mainly from the United States, as well as from Canada and Mexico, due to problems that increase the risk of an accident. About 1.2 million Ford Explorer 2011-2017 cars are being recalled in the United States within...

A report in the Financial Times, citing source information, claimed that the much talked about partnership between the German auto giant and the largest manufacturers of vehicles in the world Volkswagen and the self-driving vehicle startup Aurora has come to an end. \   The report of the...

In 2018, the global energy industry emitted carbon emissions at the fastest rate with the last decade because of additional demand for fossil fuels due to extreme weather in many parts of the world and sine sudden and significant changes in global temperatures.   This was revealed in the...

The European Commission announced ban on the merger of Tata Steel and ThyssenKrupp, explaining this decision by concerns about rising prices and reducing competition in the steel market in Europe. The EC statement on the refusal to approve this transaction notes that ThyssenKrupp and Tata Steel are...

A study from the University of Colorado has shown that over a period of a decade in the United States, there has been a tenfold increase in the use of marijuana among seniors as a part of medical treatment for a range of ailments such as pain, anxiety and depression.   Over the past year,...

The plan of expansion of BMW into Mexico is apparently ill timed.   Just four days before the imposition the suddenly announced tariffs on all products coming from Mexico by United States president Donald Trump, the German automaker inaugurated its latest final assembly plant in San Luis...

Beyond Meat – the United States based alternative meat company fared well in its first quarterly earnings reporting since it went public with a much talked about IPO in May this year. The company comfortably beat Wall Street estimates and saw its stocks go up by as much as 20 per cent in after...