Articles by R. Ghosh

2019-geneva-motor-show-kicks-off-with-a-19-million-bugatti-among-other-supercars

Geneva Motor Show cancelled as coronavirus concerns mount in Europe

The Swiss government on Friday put a ban on all big events that attract more than 1,000 visitors and delegates through at least March 15

Feb 29, 2020

Coronavirus

Huawei to build first European 5G factory in France, says chairman

Huawei's decision is in a bid to ease worldwide concerns following allegations by the US that its equipment could be used by China for spying

Feb 28, 2020

Huawei

Panasonic calls it quits, to end joint solar cell production with Tesla at Gigafactory 2

Panasonic is Tesla's exclusive battery supplier and the move could make things difficult for Tesla

Feb 27, 2020

Elon musk

End of an era: Bob Iger steps down as Walt Disney's CEO

Bob Iger is being replaced by Bob Chapek, who recently served as the head of Disney's parks business

Feb 27, 2020

Goodbye China, says Tesco as company sells off stake in Gain Land

The British retailer sold off its 20% stake in Gain Land to China Resources Holdings with which it had started a joint venture in 2014

Feb 26, 2020

Amazon Go Grocery to make debut; tech giant's first full-size cashierless store

The cashierless store in Seattle's Capitol Hill was in the making for five years and is spread over approximately 10,400 square feet

Feb 26, 2020

Amazon prime

PepsiCo to buy online Chinese snack retailer Be & Cheery for $705 million

Be & Cheery, which was founded in 2003 is China largest online snack company and sells from nuts to dry fruits

Feb 25, 2020

Mastercard to hire 1,500 tech staff in Dublin; to make Ireland its technology hub for Europe

Mastercard started with 36 employees in Dublin in 2008 and now has 650 employees, which will treble over the next three to five years

Feb 25, 2020

Facebook

Lyft acquires digital car-top advertising startup Halo Cabs

Ride-hailing services like Uber and Lyft are investing in a number of side businesses in pursuit of generating profit

Feb 23, 2020

German court allows Tesla to cut trees to construct Gigafactory 4

The electric carmaker aims to start manufacturing process in its German facility by 2021, producing 150,000 cars annually

Feb 22, 2020

Elon musk

Chinese carmaker Geely launches online sales as coronavirus keeps buyers at residence

The company is also arranging for test rides for customers from their home in coordination of local dealers

Feb 22, 2020

Coronavirus

Microsoft to invest $1.1 billion in Mexico over the next five years, open data center region

The announcement was made via a promotional video released by the Mexican government

Feb 21, 2020

Crisis deepens as Boeing finds debris in fuel tanks of its grounded 737 Max aircrafts

Boeing's troubles seem to be only mounting with the grounded aircraft still awaiting return to service

Feb 20, 2020

General Motors to lay off all 1,500 employees in Thailand following sale of factories

The carmaker on Monday said that it will wind up operations in Australia and New Zealand and sell its plants in Thailand

Feb 20, 2020

Jaguar Land Rover warns coronavirus could hit its UK output

The British carmaker said that it has enough parts to sustain output for the next two week but production may take a hit from March

Feb 19, 2020

Coronavirus

HSBC to cull 35,000 jobs globally as part of major overhaul

The bank which has operations in 64 countries also plans to shed $100 billion in assets by the end of 2022

Feb 19, 2020

Coronavirus

General Motors to exit Australia, New Zealand, sell off plant in Thailand

The carmaker plans to focus on its profit-making markets and the decision to exit these countries is part of its global restructuring plan

Feb 18, 2020

Cathay Pacific blames coronavirus; warns "significant drop" in first-half profit

Passengers cancelling flight tickets are also demanding refunds which could further increase the airlines' losses

Feb 18, 2020

Coronavirus

Facebook says it will allow political sponsored content

Political campaigns and brands will however have to give a disclaimer that the content is "sponsored content"

Feb 16, 2020

Facebook Us election 2020

Delta Air Lines to go "fully carbon neutral" from March, says CEO

The airline company will invest $1 billion over the next decade and develop clean technology for engines and carbon removal

Feb 15, 2020

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