Business News

Trump plays spoilsport once again; says trade deal with China can wait till 2020 election

Trump said that he has not set any deadline for a possible trade agreement and he likes the idea of waiting till the next U.S. election in November 2020.

Dec 4, 2019

By R. Ghosh

Cyber Monday sales hit a record high of $9.4 billion making it the biggest single-day shopping event in the history of US

This was also the first time consumers on a single day spent a staggering $3 billion using their smartphones, with an average shopper spending 6% more compared with last year.

Dec 3, 2019

By R. Ghosh

Amazon prime

Apple might stop selling iPhones, iPads in Russia; read to know why

Russia's new legislation requires all smartphones and tablets to have Russian-made software and apps pre-installed from July 2020, which Apple is completely against

Dec 3, 2019

By Manthan C.

IPhone 11 Apple ios

Shoppers set the ball rolling as Cyber Monday gets on track to hit a record high

This year, Cyber Monday is expected to hit a record high, making it the biggest single-day shopping event in the history.

Dec 3, 2019

By R. Ghosh

Samsung

5-best-singapore-attractions-you-must-visit

Airbus reportedly dismisses 16 employees over German army spying

The 16 employees used to work for the Munich-based Program Line Communications, Intelligence and Security, whose work revolve around cybersecurity and related activities.

Dec 3, 2019

By R. Ghosh

walmart to sell chinese e commerce business to JD.com

Walmart, Target steal the show despite slow physical store traffic on Black Friday and Thanksgiving

Retails giants like Walmart, Target and Best Buy give stiff competition to e-commerce retailers, with electronic goods and toys registering hefty sales on Thanksgivinga nd Black Friday.

Dec 3, 2019

By R. Ghosh

Facebook introduces new tool that allows users to transfer photos, videos to Google Photos

The new feature will initially be available to users in Ireland and is likely to be rolled out worldwide by the first half of 2020.

Dec 3, 2019

By R. Ghosh

Facebook

Frozen II sets new Thanksgiving box-office record, garners a staggering $123.7 million

Disney is once again on track to become the best-performing film studio this year, with Frozen surpassing the record $109.9 million set by Hunger Games: Catching Fire in 2013.

Dec 2, 2019

By R. Ghosh

Black Friday retail sales at physical stores plummet, as online sales set a record high of $7.4 billion

Retail sales at brick-and-mortar stores declined 6.2% compared to last year, while sales on Cyber Monday are expected to hit a record high, making it the biggest shopping day ever.

Dec 2, 2019

By R. Ghosh

Amazon prime

Nissan, Mitsubishi, Renault reportedly agree to form new company for R&D of advanced automotive technologies

The aim of the alliance is to appoint a general secretary at the helm of their partnership that will help in boosting joint operations and cooperation among the three car giants

Dec 2, 2019

By R. Ghosh

China must recover pig production, stabilize pork supply: vice premier

Millions of pigs have died or been culled due to the African swine fever outbreak in China and other Asian countries such as Vietnam

Dec 1, 2019

By Reuters

there-is-no-dark-side-of-moon-former-nasa-scientist-busts-age-old-myth-through-his-animation

China will not resort to quantitative easing: PBOC governor

China's economic growth slowed to near 30-year lows in the third quarter and industrial profits continued to shrink

Dec 1, 2019

By Reuters

As Juncker bids farewell, new EU executive begins with scrutiny over Luxembourg tax

Vice-President Margrethe Vestager and tax commissioner Paolo Gentiloni will meet IMF researchers who investigated the impact of tax havens on global tax revenues

Dec 1, 2019

By Reuters

Fiat signs tentative deal with UAW; company likely to create thousands of new jobs over the next four years

The new deal is likely to help Fiat Chrysler in the future, which announced a $50 billion merger with France's Groupe PSA in November, making it the fourth-largest carmaker in the world.

Dec 1, 2019

By R. Ghosh

What's brewing at Starbucks: Coffee giant likely to update dress code of baristas

The coffee giant is reportedly trying to make a few alterations to its dress code wherein employees can wear dark jeans and dye their hair in any color apart from wearing one facial piercing to work.

Dec 1, 2019

By R. Ghosh

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