With a new offering called Amazon Pharmacy, Amazon is now officially entering the pharmacy business. This new service can be used by Amazon customers to home deliver prescription medications in the United States. Delivery will be free for Amazon Prime members. For the last few years, its pharmacy offering has been slowly and quietly built…
Air safety regulators in the United States have lifted grounding orders put in place in March 2019 after two deadly crashes of Boeing’s 737 Max plane and has allowed it to fly again. This approval is a crucial milestone for the airplane maker which was pushed into a financial crisis by the crashes and the…
The third oldest airlines of the world, Australia’s Qantas Airways Ltd, completed its 100th birthday on Monday amidst one of the toughest year in aviation history because of the novel coronavirus pandemic. However the company’s chief executive said that the company is looking to the future with optimism. “Qantas every decade has literally reinvented itself,”…
All of the 34 per cent of stake that the Japanese auto maker Nissan Motor has in its Japanese counterpart Mitsubishi Motors is being planned to be sold out by Nissan, according to reports in the media quoting sources with knowledge of the matter. Analysts said that this move by Nissan, if actually true and…
In a trade deal that is backed by China but excludes the United States, world’s largest free trade bloc was created by fifteen Asia-Pacific economies on Sunday. The US had left a rival Asia-Pacific grouping under President Donald Trump in 2017. This new trade deal which is known as the Regional Comprehensive Economic Partnership (RCEP)…
At a time when the services of the firm are in high demand because of the pandemic raging through most of the world, the on-demand food delivery company DoorDash is getting ready to get itself publicly listed. While claiming that it has generated $1.9 billion in revenue in the first nine months of this year…
A special license was granted to Qualcomm Inc on Friday by the United States government allowing the company to now sell 4G mobile phone chips to China’s Huawei Technologies Co Ltd in what is an exemption to trade restrictions imposed by the Trump administration on the Chinese firm as trade and geopolitical tensions increase between…
A strong demand for its trucks resulted in a much larger profit than Wall Street was forecasting which pushed the United State based auto giant back into the path of profitability in a big way in the third quarter. Profits of $2.6 billion excluding special items was reported by the company which was almost twice…
United State based aircraft maker Boeing has surprisingly increased its industry wide Chinese sales forecast for a period of the next 20 years to a level that is higher than even the pre-Covid-19 levels despite very frim global estimates of demand for new aircraft to remain very slow for decades due to the hit of…
The British luxury brand Burberry will be robbed of its “home market advantage” on the eve of Brexit if the British government does scrap tax-free shopping because the wealthy international tourists mainly choose to holiday in mainland Europe rather than in the United Kingdom. Those foreign tourists who traditionally accounted more than half of its…
