Mackenzie Scott, the ex-wife of the world's richest man in the world Jeff Bezos, has announced her decision to donate nearly $2.74 billion to 286 organisations. As Scott wrote, she and her new husband Dan Jewett, along with a team of researchers and consultants, selected 286 nonprofits engaged in...

The British-Dutch company Royal Dutch Shell is considering selling its assets in the Permian Basin, the largest oil-bearing basin in the US, located in the states of Texas and New Mexico. This was reported by Reuters, citing sources familiar with the situation. It is about company-owned fields with...

The Japanese payments app PayPay, which is owned by deep-pocketed SoftBank, is taking large steps in further extending its footstep in the Japanese market with the company deploying a shoe-leather sales force of thousands for targeting restaurants, drugstores and supermarkets. With more than 3...

Chinese authorities have staged a collapse of the multi-billion-dollar online education industry. The bans have affected major companies that have created a private tutoring "empire" in the country over several years, Forbes writes. Regulators have decided to take down Chinese online education...

With good results being witness from its efforts to focus on e-cigarettes and tobacco-heating devices, the its annual revenue growth forecast for the current year was raised by British American Tobacco (BAT) on Tuesday. That pushed the stocks of the company up by 2 per cent.   A revenue...

There is a huge gap in the G7 countries' historic agreement to collect higher taxes from the world's biggest companies. The omission will allow US giant Amazon to escape such obligations, writes The Guardian. The agreement calls for companies to pay a percentage of profits in markets where they...

Manchester United owners will allow fans to buy shares in the football team with the same voting rights as they do. This is needed to "appease the anger" of fans after the club's failed attempt to join the European Super League. Manchester United fans will be able to buy shares in the football club...

A new brokerage and exchange platform in Britain and Europe will be launched by a unit of the Standard Chartered Plc and the new services will be offered to primarily to institutional clients in Britain and Europe, the bank said recently.   A joint venture between SC Ventures, the innovation...

Major meat producer JBS said it has fully restored all factory operations following the cyber-attack. "Today JBS USA and (its division) Pilgrim's announce that all of their factories around the world are fully operational following the resolution of the May 30 criminal cyber-attack," it said in a...