After betting big in the Indian retailing market and spending billions to create a base in the Indian market, retailing giants like Amazon and Walmart are set to face new challenges in the fastest growing emerging market in the world. This is because the two companies are now hit with new rules in India which…
Even though in the past one year, cists of stay has been increased by over 40 per cent of all NHS trusts in the UK, recent documents suggests that hospitals in England are making generating millions of pounds in car parking charges. The price of car parking for patients and visitors have been doubled by…
2018 was perhaps the first year that the SUVs became more popular among customers compared to all other niche in the global automotive industry. Most of the major auto companies have come up with their own version of SUVs that can cater to any type of cars that customers could want – big, small, high…
The level to which Amazon has been able to own unrivalled position of power within the United States federal government has been underscored by the degree of lobbying by its officials, according to a report published in The Guardian. The report claims that the Trump administration was advised by a top Amazon executive in private…
A new move by the Japanese prosecutors against the former Nissan chief Carlos Ghosn has virtually eliminated the chances of being released from jail before Christmas. On Thursday, a plea for the extension Ghosn’s detention by the Japanese prosecutors was turned down by a Tokyo court which was a small legal victory for Ghosn who…
A massive recall of 874,082 vehicles in North America was announced by Ford Motor Co. on Friday for its F-150 and Super Duty trucks on issues of fire concerns and the company would replace an engine block heater cable on the vehicles. This part of the engine is used by drivers in cold winter days…
According to media reports on Thursday, Johnson & Johnson has been asked not to manufacture its baby powder in two of its factories in India by the India’s drugs regulator till such time that test results of its raw materials proves that they are free of asbestos. The Central Drugs Standard Control Organization (CDSCO) has…
Despite the slowdown of the US economy for the third quarter as had been previously shown in government data, analysts believe that the growth rate achieved in this period should be strong enough for the US economy to achieve the 3 per cent growth target that had been set for the year by the Trump…
Plea to extend the period of detention of the former Nissan chairman Carlos Ghosn and Representative Director Greg Kelly by Japanese prosecutors was rejected by Tokyo District Court on Thursday. It is likely that a bail plea would be filed by the lawyers for the two men. Ghosn would be released on bail, if approved,…
The results of a survey conducted by Deloitte released on Wednesday shows that the confidence of senior finance officers at companies operating in China is being pulled down by increasing trade risks. The consultancy organization conducts the survey twice a year among financial executives about their attitudes on trade and business as a part of…
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