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U.S. Telecom Hack Exposes Major Security Vulnerabilities In Global Telecom Infrastructure 11/22/2024

The Redemption Dilemma: Chinese Startups Face Financial Turmoil Amid Economic Shifts 11/25/2024

Temu and Shein's Search Ad Dominance Reshaping Retail Marketing Strategies 11/27/2024

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Business & Finance

Four companies to invest in Esports

If you still think that video games are for children, keep in mind that, according to estimates by the American Software and Computer Games Manufacturers Association, the average age of a player is 34 years, while about two thirds of American families play video games. In fact, it is a fast-growing...

UK Urged By China Not To Succumb To External Pressure On Huawei Decision

The UK has been urged by China not to budge under external pressure over its politically and diplomatically sensitive decision to allow the Chinese firm Huawei to take part in the construction of 5G mobile network in the country – albeit only in the peripheral work. China’s ambassador to...

PepsiCo Files Patent Infringement Case Against Indian Farmers Related To ]Potato Farming

One of the largest snacks food and carbonated drinks making companies in the world PepsiCo, has filed a legal suite against Indian farmers alleging that the farmers had cultivated a particular variety of potato that had been licensed by them which means that its patent for that purpose had been...

Refining And Chemicals Issues Trouble Exxon Mobil And Chevron

Oil majors Exxon Mobil Corp and Chevron Corp have been plagued for more than a year by issues of lower margins and refining weaknesses which were cited as their reasons for lower profits. The worst margins in its refining business on gasoline and some of the other profits that it had been...

Post Q1 Loss, Uber Reveals Its IPO Terms

Uber updates its public filing for valuation expectations in the wake of Lyft’s poor performance post IPO. On Friday, April 26, 2019, the Uber Technologies Inc revealed its terms for IPO and informed the investors that the company will seek to sell out nearly “$10.35 billion in stock at a valuation...

Renault To Propose Merger With Nissan Despite Being Rejected In Informal Proposal

A report published on Friday by Nikkei claimed that the Japanese car maker Renault will propose to its Japanese auto partner Nissan the setting up of a holding company in which the French government will hold 7 per cent stake in the new merged entity. An informal merger proposal by Renault...

Chevron lowers net profit to $ 2.6 billion in Q1

American oil and gas giant Chevron made a profit of $ 2.642 billion in the first quarter of 2019, which is 27.8% less than in the same period of 2018, the company said. The profit attributable to the parent company decreased by 27.2% compared with January-March last year, amounting to $ 2.649...

Criminal Investigation Possible Into 'Unacceptable' Huawei Leaks, UK Minister

Conducting a criminal investigation in relation to the "unacceptable" leak of confidential discussions surrounding the role of China's Huawei Technologies in the construction of the 5G network supply chains in the United Kingdom could not be ruled out, said British culture minister Jeremy Wright on...

Volkswagen To Develop New Electric Vehicles Factory In China

German automaker Volkswagen plans to make investments of 5.06 billion yuan ($750.8 million) for the construction of a new electric car factory in eastern Hefei city in China through its Chinese joint venture in the country with China’s Anhui Jianghuai Automobile Co (JAC), according to reports...

Saudi Arabia Sees Return Of Global Executives, After Its Boycott Following Journo Murder

The efforts of Saudi Arabia to continue to attract global business tycoons into its fold is taking effect after the country and its events were boycotted by many of the business honchos following the global furore over the murder of journalist Jamal Khashoggi. Top executives from the...