Alcon will be listed in the New York Stock Exchange and on the Swiss Market. On Friday, Novartis stated, Alcon – its eye care business which it spun-off, is expected to be listed at the New York Stock Exchange and on the Swiss Market on April 9. “Alcon obtained approval for listing on SIX Swiss…
Negotiations with Boeing are ongoing. Garuda Indonesia has said, it could switch the order with other Boeing models. Airbus SE jets are not, yet, being considered. On Friday, Fuad Rizal, the Chief Financial Officer of Indonesia’s national carrier Garuda Indonesia stated, the airlines has sent a letter to Boeing Co asking it to cancel an…
The testing, likely to happen in a Boeing simulator, will include a scenario similar to the one faced by pilots from Lion Air and Ethiopian Airlines which led to the crashes. In a development aimed at restoring the faith in Boeing jets following two fatal crashes, pilots from American Airlines are likely to test its…
The current agreement, which builds on the 2017 partnership, is aimed at boosting and supporting each other, so that they can better compete in the global EV market. On Wednesday, Toyota Motor Corp and Suzuki Motor Corp stated, they plan on producing electric vehicles (EVs) and compact cars for each other so as to better…
Excluding one-off items, Tencent Music Entertainment Group earned 0.57 yuan per American depositary share in the quarter, in line with analysts’ average estimate, according to IBES data from Refinitiv. In a significant development, China’s hugely successful content streaming firm Tencent Music Entertainment Group delivered its first earnings report as a public company. Although its result…
Those high quality video games that gamers have traditionally have either had to download or purchase on a disc would now be offered by tech giant Google without the need for a disc or a gaming console. That would be done by the company through streaming the games over an internet connection, the company informed…
The profit outlook for 2019 was reduce3d for the second time in three months by FedEx Corp on Tuesday which resulted in its shares dropping by more than 5 per cent and raising already rife concerns about the company losing out market share to rivals in the delivery industry such as United Parcel Service Inc…
With this strategic move, Facebook is trying to easing into the online retail market which is dominated by the likes of Amazon.com Inc and Walmart Inc. Facebook-owned Instagram stated, it is testing a feature that allows U.S. users to shop and purchase items that have been tagged for sale through its “checkout” feature. The unveiling…
There were “clear similarities” with October’s Lion Air crash and the Ethiopian Airlines crash, which killed all 157 people on board, Ethiopia said on Sunday. The analysis of the black boxes recovered from the crash site of the March 10 disaster has revealed this information. The latest version of Boeing’s profitable 737 model’s fate hangs…
According to a statement from the World Intellectual Property Organization (WIPO) on Tuesday, last year, more than half of the total applications for international patents were applied for by companies and individuals from Asia and the highest among them was by Chinese telecoms giant Huawei. In 2018, 5,405 patent applications to the U.N. body was…
The operations of Norsk Hydro, one of world’s biggest producers of aluminum, have been affected. On Tuesday, Norsk Hydro, one of the world’s biggest producers of aluminum, stated it was subject to a sustained cyber attack that affected its operations. The development sent its shares plummeting downwards, “IT-systems in most business areas are impacted and…
Lyft’s IPO is on track to be the biggest U.S. technology IPO since Snap Inc’s in 2017. In a significant development, Lyft Inc has kicked off its investor road show ahead of its initial public offering and is chasing a valuation of up to $23 billion as it woos money managers ahead of rival Uber…
