US auto sales back on race track in March after long frozen winters. US consumer’s confidence mounted steeply in March 2015 after an ease during the harsh winter season. Despite a sharp rebound, the US auto industry experienced upsurge in demand for new vehicles in March. Detroit automakers...

South Korea's Samsung Electronics has won the tender for supplying Apple with processor A9, core chips for the next iPhone model - despite the continuing intense competition on a global smartphone market, Bloomberg reports, citing informed sources. Last year, Taiwan Semiconductor Manufacturing Co....

Swiss bank UBS study the prospects for the use of Bitcoin technology in the financial sector. This work will take a special team, which will begin in London later this month. In April 2015, the largest Swiss bank UBS in London will bring a team of experts from the financial and technology sectors....

The European Commission is preparing to propose formal charges of violating antitrust laws against the American corporation Google. According to the newspaper The Wall Street Journal, charges may be brought against the company in the coming weeks. If the authorities of the EU still bring charges...

US-based electric car company Tesla Motors has announced that the company would unveil a major non-car product by the end of April, which has created quite a stir in its stock trade.   The futuristic company has been finding its stocks getting prime importance thanks to its potential than...

Target is about to abandon its expansion in Canada, in just two years of its launch in the country. Target is all set to bid farewell to Canada even much earlier than its plans. The company operates in almost 133 location across the nation which are expected to shut down permanently by middle of...

Ford Plant opened in Gujarat will almost double its production capacity in India. Ford plans for establishment of new plant worth $1 billion in India, is one of the massive investments made by the company in Asia. The aim is to expand the export from India to almost three times its present levels....

There is a growing trend by Governments and NGOs that CSR consist of concrete substantial steps and not just an exercise in window dressing. A consortium of US based organizations have filed a lawsuit against the U.S SEC, which is trying to bring about greater transparency in their working. 2014...

Bain capital’s accounting software firm MYOB is set to launch a $2.8 billion IPO, which will also be the largest float of the year. The US-based private equity firm is looking to raise around $700 million to $800 million through the IPO which will debut at the end of April in the stock exchange....