The largest passenger airliner in the world will be taken off production lines for good in 2021, Tom Enders, CEO of Airbus, announced. It would be more than fair to say that it was also the most
As the new-era cold war escalates, China and America are each taking steps to ensure that their allies are not investing in the competitor’s technology. The most recent in this conflict is Mike
Cities’ standoff with San-Francisco home sharing platform Airbnb is continuing, primarily in the legal field. France’s capital, Paris, is the latest in this list: the city sues Airbnb for 1,000
Jeff Bezos, one of the richest men on the planet, made an appalling announcement this week, saying that National Enquirer has been threatening to post nude photographs of him. The feud between Bezos
It does not matter how popular or good you are, the trade war will get you. Another victim of Trump’s tariffs war is the maker of famous motorcycles - Harley Davidson.
When you dominate the business, you still have to think about moving further. As a successful online home-renting company, Airbnb is looking forward to expanding its services by adding new
Fashion brand Gucci had to recall its jumper in the wake of massive public backlash denouncing jumper’s resemblance with blackface. The black jumper comes as a balaclava-like item, which covers the
The unexpected dismissal of Angela Ahrendts left many questions and secrets for investors. A rich corporation has always had secrets and data that are inaccessible to investors.
Harley-Davidson, the legendary U.S. motorcycle brand, reported one of its worst years, as seen in its most recent report on earnings. The company barely had the resources to pull it break even. Its
General Motors will start the process of laying off its 4,200 employees on Monday in an attempt to optimize costs. The announcement first came in November 2018, when the company said it planned to
Leading analysts argue that Amazon and Microsoft must “grab” different companies to win the cloud race. In 2017, Amazon had several unsuccessful investments and stock drops. But at the end of last
According to Reuters, as a result of negotiations between USA and China concerning trade deal, China purchased 1 million tons of USA soya beans. Yet Chinese authorities promised to buy much more soya
Shell Partners With Car Manufacturers to Increase the Number of Charging Stations for Electric Vehicles
As Reuters reports, Shell is ready to partner with car manufacturers to increase the number of charging stations for electric vehicles. The company came to this decision after finding out that people
The government of India changed the e-commerce rules, which caused the Indian Amazon website to crash. Reuters reports that the company had to abandon several product groups, like sunglasses and
The FBI announced that a Chinese engineer Jizhong Chen, who worked for Apple, was arrested days before his flight to China on charges of stealing secret details of Apple’s self-driving car program.
15,000 people supported the petition on Change.org urging Nike to recall the Air Max 270 model. The petition says that the logo used for the model bears a resemblance with the word ‘Allah’ in Arabic.
Thanks to large volumes of transportation, Canadian National Railway exceeded all analysts' expectations and set new records. Using the absence of pipelines to the United States of America, Canada
Today, we can observe the trend of using natural energy sources. So, most European companies received a record amount of wind power in 2018, - Reuters reports. In some countries, traditional and wind
Shell to Tie in Its Executive Salaries with Carbon Emissions, the First Such Move in the Oil Industry
The global oil industry is getting used to the intense pressure from investors and the general public over its environmental impact. Royal Dutch Shell is the latest industry player to come forward
As Reuters reports, Amazon claimed of services extension. First, it was only a marketplace, now services involve stocking and delivery of the goods to Brazil. Rivals should be careful, as the