The word “Fox” has been removed from the name 20th Century Fox film studio by executive at Disney which, according to analysis, has been done in an effort to distinguish the brand which was acquired by Disney last year, from its former owner Rupert Murdoch. According to reports published in the media in the United…
International efforts to tackle global climate change and increased poverty around the world could be derailed because of the risks of a sharp slowdown of the global economy in 2020, warned the United Nations. This was said by the premier global body in its flagship report before the annual gathering of world leaders in Davos…
A pledge to remove “all of the carbon” that it had emitted into the environment since it was founded in 1975 has been just made by Microsoft. Making this announcement, Microsoft Chief executive SatyaNadella said that this target would be achieved by the company by 2050. To achieve that feat, Microsoft would strive to turn…
A drop in demand and sale of its vehicles in China, the Middle East and Africa were blamed by the French carmaker PSA Group for a 10 per cent fall in its sale for 2019, the company announced on Thursday. It said that it had sold 3.49 million units in last year compared to sale…
Faced with dissent and protests from local trades and businesses in India, Amazon.com Inc chief Jeff Bezos made an announcement of the company making an investment of $1 billion in the country with the aim of aiding the small and medium businesses to come online. The company boss also committed that by 2025, it would…
A study published by the activist group Avaaz claimed that climate misinformation was being founded by some of the biggest companies in the world through advertisements on video sharing social media platform YouTube. Climate misinformation was actively being promoted by over 100 brands through advertisements running on YouTube videos on the site, the group found.…
Boeing needs to better its corporate culture and amend its business, said that the company’s new CEO Dave Calhoun. A pledge to listen to employees, customers and regulators was given by Calhoun in a letter to the employees of the company after he started at his new role as the CEO of the company starting…
According to news report published in Japan, there are concerns at the Japanese auto major Nissan that its relationship with the French auto giant Renault have turned dysfunctional following the arrest and ouster of Carlos Ghosn, the boss of both the companies, and as such executives at the Japanese company have contemplated the potential of…
A fine of $5.4m is planned to be sought from Boeing by US regulators over charges that the company had “knowingly” installed faulty parts on its 737 Max planes. In recent times, there was revelation of internal messages of the company which resulted in questions being raised about the safety of the 737 Max planes…
After the United States decided to impose tariffs on Europe-made planes with a resultant threat that the costs of the planes would increase for those US customers who has purchased aircraft from the European plane maker Airbus, the company has announced that it had decided to increase production of its A320 narrow-body jetliners that are…
