Following a pay dispute in a firm that has been engaged in printing cheques for more than 100 tears has rekindled the debate about the future of cheques. The supply of cheques to High Street banks in the UK might have been because of the industrial; action by some 79 members of the Unite union…
The Indian retail sector is set to witness the clash of the titans as Walmart, Amazon Inc. and Alibaba Group is all set to engage in a war as each of the companies strive to expand their footprint in India. Many analysts are predicting that this would result in a massive shake up of the retail market…
According to the 2018 ACSI Automobile Report, there has bene a rise of 1.2 per cent in customer satisfaction with automobiles and light vehicles in the US on the American Customer Satisfaction Index’s scale of 0 to 100. The report also lists a tie between Volvo and Lexus for best luxury automaker and Subaru was named…
Total’s 26% equity in the Hazira LNG and Port venture located in Gujarat, India would be taken over by Shell Gas B.V., a subsidiary of Royal Dutch Shell Plc. The announcement of the agreement was made on Monday. No financial details of the deal were announced by the company. In the meanwhile, Shell is also…
There has so far been mild impact of the US-China trade war, claimed Cosco Shipping Ports (CSP) which is amongst the largest container terminal operators in the world, as the company reported an increase of 70 per cent jump in adjusted profit for the first half the current year. But the company also warned that…
Following the accusation that a driver of China’s biggest ride-hailing company, Didi Chuxing, had raped and killed a woman passenger, the company announced the suspension of one of its services for the second time this year. While apologizing for “disappointing mistakes”, the company said that it has dismissed two senior managers after the incident that…
Malta registered Huulk allows the trade of commodities, stocks and sharia compliant products. It aims to partner with several European exchanges in the coming weeks. On Monday, as per Ibrahim Mohammed, the Chief Executive of Huulk, a new digital exchange has been launched aimed at listings financial technology firms which are sharia compliant. The development…
The shareholders of the electric carmaker Tesla managed to convince its founder and CEO Elon Musk not to take the company private and urged the billionaire to keep the company public. In a statement issued by Musk on Friday night, Musk said that the he had taken a decision to keep the company public and…
One of the companies that has benefitted form the turmoil that is currently underway at the electric car4 maker Tesla is Apple. According to a report in the new channel CNBC, so far this year, about 46 people have bene recruited by the Silicon Valley technology giant from Tesla. According to the news report which…
A new study report claims that all alcohol consumption is bad for humans, breaking the myth that a glass of wine a day is good for the health of a person. This study was conducted on a global basis and therefore it claims to be more comprehensive than ever before. The study virtually negated what…
