International Business News

Samsung apologises for factory cancer cases, vows to pay compensation for ill workers by 2028

Samsung apologises for factory cancer cases, vows to pay compensation for ill workers by 2028

All former and current Samsung employees as well as the company`s contractors who worked at Samsung`s semiconductor and display production plants for more than one year since 1984 are eligible to be

Nov 23, 2018, 11:20 AM IST
Nissan board votes to oust Carlos Ghosn as chairman

Nissan board votes to oust Carlos Ghosn as chairman

Nissan said on Monday an internal investigation triggered by a tip-off from an informant had revealed that Ghosn engaged in wrongdoing including personal use of company money and under-reporting of

Nov 22, 2018, 17:37 PM IST
Pakistan living beyond its means for several years, says report

Pakistan living beyond its means for several years, says report

Pakistan looks forward to about USD 6 billion financial bailout from IMF.

Nov 20, 2018, 17:25 PM IST
Renault board to discuss interim replacement for Ghosn: Sources

Renault board to discuss interim replacement for Ghosn: Sources

The Renault board will meet later in the day, a company spokesman confirmed, declining to elaborate on the agenda.

Nov 20, 2018, 16:28 PM IST
VW group rejigs management in India; Boparai to take charge as MD from January

VW group rejigs management in India; Boparai to take charge as MD from January

As part of the exercise, KODA AUTO India Managing Director (MD) Gurpratap Boparai will become MD of the Volkswagen India Pvt Ltd (VWIPL) with effect from January 1, 2019, the group said in a

Nov 20, 2018, 16:27 PM IST
Nissan moving to fire Ghosn for financial misconduct

Nissan moving to fire Ghosn for financial misconduct

CEO Hiroto Saikawa would propose to the Nissan board to remove Ghosn and Kelly.

Nov 19, 2018, 16:32 PM IST
Employee morale hits all-time low at Facebook: Report

Employee morale hits all-time low at Facebook: Report

Only 53 per cent of Facebook employees said the company was making the world better which is 19 per cent lower than last year.

Nov 15, 2018, 10:25 AM IST
Amazon picks NYC and Northern Virginia for its split HQ2: Source

Amazon picks NYC and Northern Virginia for its split HQ2: Source

The decision would bring to an end a more-than-year-long contest that started with 238 candidates and ended with a surprise split of its "HQ2".

Nov 13, 2018, 12:25 PM IST
Alibaba nets record $30 billion in Singles' Day haul, but growth rate plunges

Alibaba nets record $30 billion in Singles' Day haul, but growth rate plunges

Shoppers in China and across the world snapped up hot items including iPhones, furniture and milk powder starting pre-dawn, with Alibaba recording roughly $10 billion in sales in the first hour after

Nov 12, 2018, 11:16 AM IST
China says will further open up its economy, slams rising protectionism

China says will further open up its economy, slams rising protectionism

Chinese Premier Li Keqiang did not directly refer to China`s bruising trade war with the United States.

Nov 12, 2018, 11:03 AM IST
Iran sells more oil to private exporters to bypass US curbs

Iran sells more oil to private exporters to bypass US curbs

Iran sold 700,000 barrels of crude oil to private companies for export on Sunday in a second round of sales aimed at countering US sanctions on the country`s exports, oil ministry news website SHANA

Nov 11, 2018, 19:51 PM IST
Sundar Pichai announces revamped sexual harassment policies at Google

Sundar Pichai announces revamped sexual harassment policies at Google

In a memo to employees on Thursday, the Indian-origin CEO said, "We recognise that we have not always gotten everything right in the past and we are sincerely sorry for that. It's clear we need to

Nov 09, 2018, 18:15 PM IST
Fed holds interest rates steady, says economy remains on track

Fed holds interest rates steady, says economy remains on track

Policymakers, however, noted that business investment had "moderated from its rapid pace earlier in the year," a possible drag on future economic growth.

Nov 09, 2018, 15:47 PM IST
Oil prices fell to multi-month low, brent breaches $70/bbl mark

Oil prices fell to multi-month low, brent breaches $70/bbl mark

U.S. light crude oil was 25 cents lower at $60.42, down 4.3 percent this week and off more than 20 percent since early October, putting it officially in bear-market territory.

Nov 09, 2018, 15:42 PM IST
Google apologises for past handling of harassment, brings changes

Google apologises for past handling of harassment, brings changes

Among the key changes announced by the Google CEO includes making arbitration optional for individual sexual harassment and sexual assault claims.

Nov 09, 2018, 14:26 PM IST
Apple CEO Tim Cook extends Diwali greetings to Indians

Apple CEO Tim Cook extends Diwali greetings to Indians

Cook uploaded a couple of pictures taken by photographer Ashish Parmar on the newly launched iPhone XR on his twitter .

Nov 08, 2018, 16:07 PM IST
Robyn Denholm to replace Elon Musk as Tesla chairman

Robyn Denholm to replace Elon Musk as Tesla chairman

Musk said in August he was considering taking Tesla private in a $420 a share and that he had secured funding for a deal that was later scuttled but attracted scrutiny from several government

Nov 08, 2018, 15:32 PM IST
Credit Suisse pulls out of South Africa in global shift

Credit Suisse pulls out of South Africa in global shift

Credit Suisse`s website says it has offices in approximately 50 countries and lists Johannesburg as its only sub-Saharan African location.

Nov 07, 2018, 18:36 PM IST
Pakistan reports card-skimming, but says no mass bank data breach

Pakistan reports card-skimming, but says no mass bank data breach

The skimming took details of nearly 20,000 debit and credit cards from 22 Pakistani banks, according to the Pakistan Computer Emergency Response Team (PakCERT), a monitoring group.

Nov 07, 2018, 16:59 PM IST
Tesla coming to India next year, confirms CEO Elon Musk

Tesla coming to India next year, confirms CEO Elon Musk

In his previous tweet Musk had hinted that Tesla planned to enter India with its Model 3.

Nov 06, 2018, 13:21 PM IST

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