114 aircrafts would be bought by Tran from European plane maker Airbus in a contract that is expected to be signed during the visit of President Hassan Rouhani to Paris this week.   This would be the for the first commercial deal that Iran would strike with the Western nations after the...

During one of the Apple-Google trials, it became known that Google paid Apple $ 1 billion for the right to be the default search on iPhone and iPad. In addition, Google was paying Apple a certain proportion of revenue earned with help of Apple devices, sometimes this proportion reached 34%. As...

Despite the fact that Apple and Google are rivals, Google is still the default search engine for mobile Safari, which is the pre-installed web browser on iPads and iPhones, primarily due to money aspects.   According to court documents that were revealed very recently,  $1 million...

As Amazon expands across the country, it will create more than 2,500 permanent jobs in the UK this year.   By the end of 2016, the US based on line retailer’s workforce in Britain would reach a total of 14,500 by this addition of employees.   The hiring by the company would be done...

Very recently sanctions imposed by the EU and the U.S on Iran for decades now were lifted. Iran can once again sell more oil to global markets with the sanctions being lifted.   “Iran announced its full return to the global oil market by ordering an immediate increase in production,...

A National Labor Relations Board judge ruled that the Wal-Mart Stores management unlawfully retaliated against workers who participated in strikes in 2013 and must offer to reinstate 16 dismissed employees.   The U.S. retailer violated labor law by "disciplining or discharging several...

Around $5.3 billion has been offered to take over troubled Japanese electronics maker Sharp Corp.  by Foxconn, the Taiwanese company that assembles the bulk of the world’s iPhones, reports the Wall Street Journal quoting people familiar with the matter.   Another competing offer by...

Following allegations by General Motors that he and his wife was making misleading statements in their testimony, an Oklahoma man suing General Motors  in the first trial in federal litigation over its massive engine switch recall has hired a criminal defense attorney.   The plaintiff...

A recent international survey says that global business confidence has fallen to a three-year low.   As corporate leaders contemplate a rising tide of threats, the survey of more than 1,400 CEOs paints a gloomy picture of the global business environment.   This survey was made public...