The prices of carbonated drinks would be increased by Coca Cola, the company announced on Wednesday, and United States President Donald Trump’s trade war was partly responsible for the move by the global confectionary company, said its CEO James Quincey. Quincey blamed “broad based” cost increases for a price hike that is most likely during an earnings…
A declaration that highlights and underscores the importance of an “open world economy” where there is benefit for countries from globalization was signed by the leaders of the Brics emerging economies. An “open and inclusive” multilateral trading system as dictated by the World Trade Organization rules was also supported by Brazil, Russia, India, China and…
The founder and the former chairman of the pizza chain Papa John’s wants access to documents relating to his exit form the company and has moved court for this purpose. Earlier this month, founder of the firm John Schnatter had to resign from the company following his use of the N-word during a conference call.…
There has been a sharp decline in the operating profits of the Finnish information technology company Nokia for the second quarter of the current year. This was announced by the company in its interim report filed by the company earlier this week. There was a fall of a very significant fall of 42 per cent…
Google released a USB key that has been developed inhouse by the tech giant and which, the company said, would be helpful in enhancing the security of online login for its users. This new solution developed by Google is being described as an innovative approach that is very contextual of the current times and has…
Auto maker Ford will spend about $11 billion in its efforts to bringing in big changes to its core auto business in the years to come. The company however did not provide much details of the planned change sin its business operations. But the development of self-driving cars has become one of the primary focuses…
Legal action against Uber is being contemplated by London’s black-cab drivers which also include filing of a suit against the ride hailing firm claiming over £1bn in damages on allegations of their loss of earnings. According to a report on Sky News, lawyers are being consulted by the Licensed Taxi Drivers’ Association at Mishcon de…
In order to focus on her role at the White House, she was shutting her fashion line, said Ivanka Trump, daughter of U.S. President Donald Trump. Ivanka is associated with the White House in an informal capacity where she oversees projects for advancing working women. There have been criticisms of conflicting toles of the family…
Qualcomm is amongst those companies that have been caught up in the trade wars initiated by United States president Donald Trump. In case the San Diego-based chipmaker is unable to get approvals from the Chinese authorities this week for its $44 billion acquisition of the Netherlands’ NXP Semiconductors, that deal would have to be abandoned. While…
American airlines and Hawaiian Airlines have made changes to their websites before a deadline set by China and has stopped referring to Taiwan in their flight schedules as demanded by Beijing. Sources have also been quoted in the media saying that Delta and United Continental would also soon do the same after consultations between the…
