The novel coronavirus pandemic has forced the accounting group Deloitte to cut down on costs while its need for expensive office spaces and leases has also come down because of the rising trend of working from home for its employees, the group now plans to therefore close down four of the fifty offices that it…
It was not long ago that the Indian government had introduced the clause of mentioning the country of origin for products sold on e-commerce platforms. The government has now issued a warning that sellers on the e-commerce platforms of Amazon.com’s local unit and Walmart’s Flipkart are not complying with the rule requiring that a product’s…
The United States government has paused the clinical trial being conducted by Eli Lilly and Co because of safety concerns, the company said. The trial was for an antibody treatment of Covid-19, the one taken by US President Donald Trump, and is being sponsored by the US government. In a video posted by Trump last…
According to analysts, the efforts of Nvidia to purchase United Kingdom based chipmaker Arm from SoftBank for $40 billion could face a major barrier from regulators in China. The two companies had announced the deal in September beginning. It is expected that if the deal gets through it would create the largest chip company in…
Facebook, the largest social media platform of the world has said that any ad that seeks to discourage people from getting vaccinated will be banned by it. This is a part of the company’s new campaign on public health aimed at spreading information about the flu vaccine. This latest move by the social media company…
Negotiations for a Brexit trade agreement between the United Kingdom and the European Union essentially “over”, said Downing Street. Unless there was willingness on the part of the EU to to discuss the detailed legal text of a partnership, there was “no point” in discussions continuing next week, No 10 said. No. 10 is the…
Apple could bar Epic Games’ Fortnite game from its App Store, rules a federal judge in California, United States in relation to an injunction request by the game developer. The judge however said that such banning should not harm Epic’s developer tools business, including the game developer’s Unreal Engine software that is utilized by hundreds…
Federal investigative agencies in India have been requested by Indian entrepreneur BR Shetty to investigate two former top executives of his companies and two Indian banks in relation to a financial scandal engulfing his group that could run into millions of dollars. Shetty filed a complaint with the agencies in relation to investigating a number…
The old dual-headed structure of Unilever, which has been in existence for the last 90 years, will now be converted to a single London-based headquarters after the shareholders of the Anglo-Dutch consumer goods company approved of the change. The company said that more than 90 per cent of the shareholders supported the change. The shareholder…
In order to help companies using its digital marketing software to better he penetration of their marketing campaigns, a new set of artificial intelligence (AI) tools have been put into the software, Adobe announced. According to analysts, companies use such software as is provided by Adobe for running digital marketing campaigns with software helping companies…
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