Tuesday, December 10, 2019
Nissan Motor Co., Renault SA, and Mitsubishi Motors Corp. agreed to form a new company focused on research and development of automotive technologies for next-generation vehicles. According to sources, the new company will explore artificial intelligence capabilities in making new...
Banking giant HSBC plans to cut out hundreds of investment jobs in 2019 following the bank’s decision to focus on roles and jobs that yield higher returns. According to Financial Times, the lay-offs will star in June, to be completed...
Apple is going for another venture, taking on Amazon, Disney, and Netflix with its TV+ video streaming service for $4.99 a month. The company announced last March 2019 its move to launch a video-streaming service that will be called Apple...
Investment from China causes anxiety in various parts of the world, particularly in the West, a new survey found. According to a study by Ifo, a Munich-based economic research institute, of more than 1,000 analysts, two-thirds of respondents in the...
Russian-based company, Rusal, is slated to make its first investment in the United States of America. The announcement and pending investment follow Washington’s sanctions being lifted against the said company. Why the Ban According to the Financial Times, the Russian aluminum...
Investment management company BlackRock is facing great risks and its clients’ assets as it continues to invest in fossil-fuel firms. Al Jazeera said that the United States-based firm stays disregardful of the bleak possibilities tied to its billion-dollar investments...
Renowned artist-performer The Weeknd, also known as Abel Tesfaye, has reportedly bought shares from OverActive Media, the company which owns eSports Org. The investment made by the artist has made him a part owner in the company. OverActive Media and...
Swedish company Hennes & Mauritz (H&M) experienced a 10% fall in its profits in 2018, according to US News. This is the company’s third consecutive year suffering losses in profits. Competitors such as Zara and Primark are said to be...
Dubbed as one of the most reputable and popular investors, Warren E. Buffet pledged to help Occidental Petroleum bid for Anadarko Petroleum Corp. Following this news, the business magnate decided to show his support by investing a whopping $10...
Later this month, customers of Walmart can now use Google Assistant to order groceries for pickup and home delivery. In an article published by CNBC, it is said that the retail giant will be activating the voice-command option powered by...

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