The novel coronavirus pandemic has stoked demand for home appliances ranging from products to sanitize closets to customizable fridges. This has benefited the South Korean electronics giant Samsung Electronics Co Ltd and the company is now adding warehouses and is making efforts to take more of its popular products to more markets. Products that make…
A total of €1 billion ($1.2 billion) will be spent by Unilever to stop its use of fossil fuels in the process of production products for its cleaning and laundry brands. Only renewable or recycled carbon will be used for the manufacturing of household products such as Omo, Sunlight, Cif and Domestos by the end…
While trying to deal with the impact of the novel coronviru pandemic on the travel industry, the founder of AirAsia – Tony Fernandes, is building an app that he hopes will transform into the next “super app” for the region. The app that he plans to develop will be an all-in-one app for food delivery,…
The Swiss company Nestle, which is better known for its foods products, is on a path to aggressively expand its fast-growing health science business and as a business strategy, the company has decided to pay $2 billion to gain full ownership of peanut allergy treatment maker Aimmune Therapeutics. Its health science subsidy called Nestle Health…
British sandwich chain Pret A Manger will cull about 3,000 jobs which amounts to more than a third of its total staff as part of its plans for staging a turn around of the business amid the novel coronavirus pandemic. While the majority of the job losses will take place at the company’s stores, some…
It is being said that the United States based tech giant Apple Inc. is one company among the top tech companies of the world that is fast becoming friendless of the big tech companies. The reason – the company’s polices and rules for its App Store which has been a source of friction for large…
Group of investors led by London based Centricus Asset Management Ltd and the United States based Triller Inc – another video and music-based social networking app, have joined forces to bid for the purchasing of the US operations of the Chinese owned short video sharing app TikTok. Also on sale are TikTok’s operations in a…
Even as a legal battle is ongoing in a US court between iPhone maker Apple Inc and “Fortnite” creator Epic Games, the iPhone maker terminated the account of Epic Games on its App Store,. The tow companies are at loggerheads over the in-app payment guidelines and rules of Apple which Epic Games has termed as…
The political tug of war over TikTok has created an opportunity for retailer Walmart to purchase an app that has a huge fan following in the United States and in some other markets. On Thursday, the company confirmed that it was joining the bid to purchase the Chinese owned short video sharing app in partnership…
Like many other global companies, the novel coronavirus pandemic has also hit the global beverage giant Coca-Cola Co hard. The company has said that it was going to lay off thousands of workers in response to the coronavirus crisis. The company said that it was also looking to offer voluntary deals across its businesses and…
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