Business News

Elon Musk ramps up hiring in China; adds 33% more jobs as Tesla US jobs decline

A couple of days after launching its Made-in-China version of Model 3 sedan, Tesla announced its fourth Gigafactory in Berlin

Nov 17, 2019

By R. Ghosh

Elon musk

Starbucks opens its largest store ever; plans to turn coffee store into tourist attraction

The five-story coffee store is spread across a sprawling 35,000 square feet and takes over the Tokyo Roastery

Nov 16, 2019

By R. Ghosh

Volkswagen to pump in $66 billion in major electric vehicle push; ropes in new head for Audi

Duesmann's appointment is in a bid to revive the lost glory of Audi that got embroiled in a emission test scandal in 2015.

Nov 16, 2019

By R. Ghosh

AirAsia takes a new route; to sell flight on other airlines to boost revenues

The airline company has entered into a partnership with travel technology company Kiwi.com, which will supply content and technology to AirAsia.

Nov 16, 2019

By R. Ghosh

Crisis looms large as Global Debt hits record high of $250 trillion

Global debt surged $7.5 trillion in the first half of the year and now could end the year well beyond $255 trillion.

Nov 16, 2019

By R. Ghosh

Apple is planning to offer users a bundled subscription service from 2020

The iPhone maker is planning to offer its users a bundled subscription service of Apple TV+, Apple News+ and Apple Music as early as in 2020

Nov 15, 2019

By R. Ghosh

Amazon prime Netflix

Ford names its first all-electric SUV Mustang Mach-E; price to be revealed on global debut

This is the first time that the carmaker is using the name Mustang on a vehicle other than its iconic two-door pony car that debuted in 1964

Nov 15, 2019

By R. Ghosh

Hyundai Motor union stages first full strike in 12 years

Hyundai to start production of Santa Cruz pickup in US from 2021

The South Korean carmaker will pump in $140 million in its Alabama plant and add 200 jobs to start with as early as 2021

Nov 15, 2019

By R. Ghosh

Robots out, humans in: Boeing assigns 777 assembly job back to humans after robotics failure

The decision to switch back to human mechanics follows the failure of the automation system

Nov 15, 2019

By R. Ghosh

Disney+ to stream on Amazon Fire TV devices, LG and Samsung smart TVs

Disney Plus gets 10 Million subscribers on opening day, mostly Netflix viewers

Disney is likely to give a touch competition to Netflix, which has remained the sole leader in streaming business with 158 million subscribers since its launch in 2007.

Nov 14, 2019

By Soorya Kiran NN

Goodbye Amazon, says Nike: What's behind the divorce?

Nike's decision to discontinue sales of its merchandise through Amazon is in a bid to re-strategize it marketing and retail strategy.

Nov 14, 2019

By R. Ghosh

Unilever has a new chairman: Former Carlsberg CEO Nils Andersen replaces Marijn Dekkers

The announcement follows the appointment of Scottish Alan Jope, who took over as the company's chief executive officer earlier this year.

Nov 14, 2019

By R. Ghosh

Google Bank: Alphabet to offer checking accounts in 2020 with Citigroup: Here's all to know

Google is planning to create checking accounts in partnership with Citigroup, the parent company of Citibank, and Stanford Federal Credit Union.

Nov 14, 2019

By R. Ghosh

Destination Berlin for Gigafactory 4: Tesla to open new production hub in the German capital

The new facility will produce vehicles, batteries and powertrains, starting with the production of Model Y. .

Nov 14, 2019

By R. Ghosh

Elon musk

Amazon to launch new grocery store brand; steps up competition in brick-and-mortar space

Fresh grocery is one of the areas that the e-commerce giant has been trying to explore for a while now but is yet to break through with the Amazon brand

Nov 13, 2019

By R. Ghosh

Amazon prime

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