The Asian stock market, exceptionally Chinese performed better than anyone’s expectations, especially when the country recorded the lowest manufacturing purchasing managers index. Mainland China stock market went up after facing a massive amount of losses on Friday’s intraday trading. Shanghai composite went up by 3.15%, and Shenzhen Component also went up by 3.769 percent. The […]

A German court has allowed Electric Vehicle maker Tesla to go ahead with the cleaning of a forest to set up its factory. The forest is located near the capital city of Berlin. The approval to raze the forest area was granted by the Higher Administrative Court of Berlin-Brandenburg. The court said Tesla can continue […]

Microsoft is mulling to launch dedicated antivirus software for Android and iOS platforms. According to Microsoft’s Cybersecurity Solutions Group, the antivirus software will be called Defender Advanced Threat Protection (ATP). Microsoft said the software will offer preventive protection and post-breach detection services. Other services will include automated investigation and responses. Most Android devices have Google […]

Online furniture retailer Wayfair has announced that it would cut 550 jobs worldwide, with around 350 in Boston Headquarters. The announcement has been made as the company’s chief executive officer acknowledged that the home retailers had grown too swiftly and become less efficient. The development comes after the company has doubled its workforce in the […]

In various surveys, it’s been found that US students fear the most about their financial freedom because the majority of them are having a tremendous amount of education loan on their name. Even though the number of students applying for loans went down, it still doesn’t solve the overall problem. A report shows student loan […]

As 2020 comes, it’s also bringing one of the most anticipated things for Americans, and that’s presidential re-elections. Donald J. Trump, who is currently the president of the USA, is heading towards his next re-election by the end of 2020. Trump got elected as president in 2016, which shocked many democrats and people who did […]

John Schnatter, the founder and former CEO of Papa John’s, gave his first interview after getting out of the company. John answered various questions regarding the pizza quality and top management’s work system. While giving the interview, he was asked about the current taste of pizza, and John said that he had eaten 40 pizzas […]

The automobile sector is witnessing a significant divestment because big companies are trying to ditch old ways of making cars. Recently Audi, one of the biggest car manufacturing companies, has decided to cut more than 7500 jobs to support electric vehicle manufacturing. Audi, in its official statement, said that they are going to cut more […]

Google’s latest phone, you cannot take a selfie and does not make calls. The phone is a piece of paper folded into a rectangle and printed with a few pieces of info at home also you can grip a credit card. The phone is a portion of the package of digital experiments; the company intended […]

On Wednesday, after the market closed, third-quarter result of IBM was reported. Despite the murmurs of divestiture, currency, and accounting for Red Hat’s acquisition, revenues were quite expected. The surplus exceeded analysts’ expectations, and the company reiterated its full-year forecast. On a normal basis, Red Hat’s revenue increased by 20% year-on-year, which is an increase […]

French banker Matthieu Pigasse has decided to leave Lazard after 17 years of long association. Pigasse, co-owner of Le Monde newspaper and the longstanding head of France for Lazard, had reportedly taken this step to pursue a new entrepreneurial project. “Lazard in France has an unrivalled franchise, with strong impetus. I am thrilled to begin […]

WeWork an American commercial real estate company that provides shared workplaces for technology startups and services for other enterprises. The company formed in 2010 in New York City. Recently WeWork has declared cut off 2000 workforce which is around 13 percent of its staff. After this incident, the staff has started turn on Adam Neuman […]

A number of startups are being launched in a wide variety of sectors, operating it profitably for a long period of time could be challenging. As per statistics, the majority of the startups fail because of several reasons. There are 3 ways to stand out from the competition without need of many efforts in building […]

According to the Wall Street Journal quoted people familiar with the matter, SoftBank has prepared a financing plan to control WeWork and further let the company’s founder, Adam Neumann, move out. In addition, sources told The WSJ that SoftBank at present owns one-third of WeWork, but its goal is to reinvest billions of dollars in […]

Santos Ltd., an Australian energy company, agreed to acquire ConocoPhillips’ operations in North Australia for $1.4 billion. The acquisition will increase the growth of Asia Liquefied Natural Gas (LNG) market by strengthening the position of Adelaide-based oil and gas producer. The deal could make Santos the largest independent energy producer of Australia. This will drive […]

The Trump administration issued a partial but fully qualified statement denying that it is discussing restrictions on China’s commitment to US companies investing in Chinese companies and financial markets. China vows to open its markets to foreign investment. On Friday, Bloomberg reported that Larry Kudlow, president of the National Economic Council of President Donald Trump […]

The Business roundtable consists of CEOs of the top companies around America. In a recent survey, it’s been found that chief executives of the nation’s biggest companies have lowered their expectations about the growing US economy. They said the US economy would grow at 2.3 per cent as compared to last quarter’s 2.6%. Other than […]

Chinese trade negotiators who earlier this week came in Washington to discuss the trade deals have suddenly changed their plans. At first, they were going to visit Montana and meet US farmers, but it seems like trade negotiators decided to cut their US trip by going there. According to the Montana Farm Bureau Federation, Chinese […]

According to reports Casino Magnate and a top Republican donor, Sheldon Adelson warned Trump about the escalating problems caused by a trade war with China. The report shows that Adelson called Trump a few days ago and talked about the trade war which he started with China and possible effects which might cause him during […]

“Maintain the value of shareholder” is no longer a prime motive of some of the top multi-billion dollar corporations in America. Top executives of the companies such as amazon, bank of America General Motors, J.P. Morgan Chase, Apple, etc. are involved in the business roundtable which released the statement recently. Almost 200 Chief executive officers […]