Media reports in the United States claim that a record fine of $5 billion on Facebook was approved by the regulators of the country in pursuit of settlement of an investigation that was being conducted against the social media platform over alleged violation of data privacy. The case relate to the data of up to…
Airlines of Latin America and the Caribbean would be sold more than 1000 new passenger crafts by the European planemaker Airbus SE over the next 15 years which would account for about half of the aircrafts that would be needed to fulfill the expected demand in that time, claimed news reports. About 60 per cent…
In case of a no-deal Brexit, companies across Europe could be cut off from their lenders overnight, warned the Bank of England while sounding an alarm on the risks of a no deal to City banks. The shock of Britain crashing out without a deal at the end of October would be able to be…
According to the conclusion of a new research, about half of the highest-emitting and publicly listed companies of the world do not give any proper consideration while decision making to the potential risks of their activities resulting the climate crisis while about a quarter of such companies do not make any disclosure about their carbon…
The French government is all set to impose a revolutionary “eco tax” on all each and every flight that leaves any of the airports in the country, the government has said. The French Transport Minister Elisabeth Borne said that starting 2020, €180m ($202m; £162m) is expected to be generated annually from the tax. The government…
The recent and the second worst Ebola outbreak is a “global wake-up call” for the world community about the increasing risks of outbreaks of diseases from conflict hit areas that are neglected by global power, warned the head of the World Health Organization. Dr Tedros Adhanom Ghebreyesus said that money is only put in by…
A recent study into the CVs of the employees of the Chinese tech giant Huawei has apparently shown that there are deep ties between the company and the military and intelligence agencies of China – an extent to which had not been earlier accepted by the Chinese company. The findings of the study showed that…
An order for Boeing’s 737 Max aircraft was recently cancelled by the low-cost Saudi Arabian airline Flyadeal. This decision by the airline compounds the problems for Boeing which is already reeling under the pressure of all of its 737 Max planes being grounded across the world following two consecutive deadly crashes involving the aircrafts. The…
Microsoft co-founder and billionaire Bill Gates offered a very interesting account of what he believes Apple Inc. founder Steve Jobs did to keep the company together during tough times. Gates said that in order to uphold the morale of Apple employees at high level and to spur them to work for long hours, Steve Jobs…
While Walmart is fighting hard to give matching rivalry to Amazon.com, it is also facing criticisms of the costs of that fight and that is creating some concerns among the investors of the in the company. The profitability of Walmart is being hit because of the company spending large amounts in investments such as purchasing…
