Despite the uncertainties hovering around the exit of the United Kingdom from the European Union, an optimistic outlook for the year by the British Airways owner IAG. The company reported better than expected forecast for the first half of its key summer period along with forecasting growth in revenues and a lowering of growth in…
The increasing rivalry in the video streaming industry is likely to be highlighted in the quarterly earnings reports that are to be filed by Walt Disney Co, CBS and Viacom next week. Analysts also expect some volatility in post the earnings reports in the so-called communication services sector that has performed much better than the…
Google’s rivals would be allowed by its parent company Alphabet to compete for the position of being chosen at the default search engines on new Android devices in Europe but against the payment of a price for the measure. For this purpose, Google would auction spots on a “choice screen” which will allow users to…
Following the approval of a key colour ingredient in its plant-based burger by the United States Food and Drug Administration, those products would be brought into the market and grocery stores in September, said Impossible foods on Wednesday, the closest competitor of Beyond Meat’. Impossible’s use of soy leghemoglobin — or heme — has been…
A recent research report published by the International Institute for Sustainable Development (IISD) found that there can be a revolution in clean energy production if government and other organizations just switch some of the huge subsidies that are given to support fossil fuel projects. The report said that such a situation will lead to significant…
The investigations being conducted into the emissions cheating scandal of Volkswagen (VW) by German authorities have now charged the former chief of one of the brands of the group – Audi, with allegations of fraud. The German investigators have also brought in charges of false certification and criminal advertising practices against the former Audi boss…
While the sale of iPhones of Apple dropped to less than half of the total quarterly revenues of the company for the first time in over seven years, the phenomenon was justified by the company CEO Tim Cook by saying that this change highlights the success of the changed strategy of the company to diversify…
After the emergence of the news that the United States based alternative meat company Beyond Meat would be launching a secondary offering of 3.25 million shares just three months after it had launched its IPO in May, shares of the company which had risen by more than 750 per cent since its launch, fell sharply.…
The increased beer sale in the first half of the year was offset by higher than normal packaging costs which potentially resulted in Heineken NV announcing missing market estimates in the period. However the profit growth forecast for the entire year of 2019 was not altered by the second-largest brewer of the world. In 2019,…
One of the largest food delivery companies in the world would be created following the merger of Just Eat and its Dutch rival Takeaway.com. the former has agreed in principle to of the combination according to the companies. After the merger, the total value of the two companies together would be about £8.2 billion and…
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