Investors of Japanese tech giant Panasonic Corp was hit by a double blow as the company issued a warning on its fill year outlook and news about its main customer for electric vehicle (EV) batteries Tesla deciding to purchase a battery tech company.   The double blow spooked investors as...

Morgan Stanley analyst Katy Huberty believes that during 2019, the quotes of the American consumer electronics manufacturer will jump another 27%. According to the expert, new services should become the main driver for Apple’s upswing, including a video service, which is expected to be launched in...

According to IDC analysts, global shipments of smartphones declined by 4.1%, to 1.4 billion units in the last year. This dynamic was the worst over the entire period of observation. Smartphone sales fell particularly sharply in the fourth quarter - by 4.9%, with Apple's shipments falling by 11.5%....

Washington’s introduction of restrictions on automotive products trade with the European Union suspend negotiations, which have not yet begun, on the removal of duties on manufactured goods in the trade between them, according to the European Commission. In January, the EC requested the EU Council...

The U.S. consumer goods business is undergoing scrutiny in Russia, as the authorities of the country wants to verify the firm’s compliance to its local data laws. The communication regulatory body of Russia is investigating into the “U.S. consumer goods group Procter & Gamble and Burger King”,...

Fintech startups, funded by venture capital, last year attracted a record $ 39.57 billion from investors all over the world, which is 120 percent more than in 2017, Reuters reports, citing data from a study by CB Insights. According to the study, 1,707 transactions were completed, compared with...

The largest supermarket chain of the United Kingdom Tesco is planning to close down its in-store meat, fish and delicatessen counters as well as making use of vending machines in place of staff run canteens which would result in the company having to cut down on about thousands of jobs related to...

Chinese company Huawei sold $ 52 billion worth of smartphones in 2018. For the first time overtaking Apple in sales last summer, in 2019 the Chinese giant plans to overtake Samsung and become the global leader. The Chinese company Huawei Technologies Co Ltd can become the world's largest smartphone...

A recent survey released this week by consultancy Oliver Wyman on Chinese travellers has found that they are more interested in spending their money on experiences instead of things.    Even as a host of global and regional luxury brands prepare themselves to generate as much as sales...