Articles by R. Ghosh

Alibaba's Jack Ma comes to aid; donates 2 million and 1 million masks to Europe and US, respectively

The Chinese billionaire had earlier donated 100 million yuan ($14.5 million) towards "supporting and developing a coronavirus vaccine"

Mar 15, 2020

Coronavirus

Global travel industry likely to shrink 25%; may impact 50 million jobs due to coronavirus

The World Travel & Tourism Council said that of the 50 million jobs losses, 30 million would be in Asia

Mar 14, 2020

Coronavirus

Adidas, Puma warn major decline in China sales, as coronavirus starts biting into profits

China accounts for almost one-third of the sales of both Adidas and Puma, which now say that the decline in sales will hurt their first-quarter profits

Mar 12, 2020

Coronavirus

PepsiCo agrees to acquire Rockstar Energy in a $3.85 billion deal

PepsiCo wants to boost its energy drink segment which so long was was banking on its Mountain Dew line of products and hasn't been much successful

Mar 12, 2020

Norwegian Air cancels 15% flights, plans temporary layoff due to coronavirus

Norwegian Air last week scrapped its 2020 outlook and the company has already lost 70% of its market value this year

Mar 11, 2020

Coronavirus

Tesla reaches another milestone; rolls out its one-millionth car

Tesla, which had a roller-coaster ride over the years, rolled out its one-millionth car 17 years after the company was founded by Elon Musk

Mar 11, 2020

Elon musk Coronavirus

Nissan's China February sales decline 80% as coronavirus takes a hit on carmakers

China, the world's biggest market for new cars, saw an decline in sales of passenger cars by 80% in February

Mar 10, 2020

Coronavirus

iPhone February sales plunge 60% in China; Android phone makers too take a hit

Apple sold just 494,000 iPhones in February, down 60% from the total units it sold in the same month a year ago

Mar 10, 2020

Apple ios Huawei Coronavirus

Boeing hit with proposed $20 million fine for using unapproved sensors

The FAA said that Boeing installed sensors in at least 791 aircrafts, including 173 Boeing 737 Max jets which weren't tested or approved as compatible

Mar 8, 2020

Samsung temporarily shuts South Korea facility again; to shift production to Vietnam

This is the second time Samsung has closed down its Gumi facility in just over a week after another employee tested positive for coronavirus

Mar 7, 2020

Samsung Coronavirus

Tesla wins approval from China to build and sell long-range Model 3 cars

The long-range Model 3 cars will have a driving range of more than 600 kilometers before it needs to be recharged

Mar 7, 2020

Elon musk Coronavirus

Coronavirus scare: Facebook, Amazon, Google ask employees to work from home

Seattle so far has been the most affected area in the US where more than 70 people have tested positive for coronavirus, with 10 resulting in deaths

Mar 6, 2020

Amazon prime Facebook Coronavirus

IMF announces $50 billion program to combat coronavirus

The money which is ready to be disbursed immediately is mainly for low-income countries and will mostly be interest-free

Mar 5, 2020

Coronavirus

Facebook comes forward to fight coronavirus; to allow free ads to WHO

Facebook CEO Mark Zuckerberg said that it will block all users trying to run false ads and spread misinformation on coronavirus

Mar 5, 2020

Facebook Coronavirus Mark zuckerberg

Johnson & Johnson ordered to pay $1.7 million in damages for faulty pelvic mesh implants

The company had faced similar lawsuits in other countries and had agreed to pay $17 million to settle claims by patients in 41 states in the US

Mar 4, 2020

Apple agrees to pay up to $500 million to settle lawsuit over slow iPhone performance

Apple was accused of slowing down the battery performance of its older handsets in order to introduce new iPhone models

Mar 3, 2020

Apple ios

Samsung begins constructing $220 million R&D center in Vietnam: report

The construction process of the new research and development center is reportedly going to be completed by end 2022 and will employ 2,200 to 3,000 heads

Mar 3, 2020

Samsung Coronavirus