World Bank announces USD 200 bn in climate action investment for 2021-25
The bank's financing package amounts to about 40 billion a year.
Dec 03, 2018, 13:55 PM IST
Qatar to withdraw from OPEC as of January 2019
The announcement comes ahead of the meeting by OPEC and its allies including Russia on Dec. 6-7 to discuss cutting supply.
Dec 03, 2018, 12:25 PM IST
4 Indian-origin women in Forbes top female US tech moguls' list
Padmasree Warrior, former chief technology officer (CTO) of Cisco are in the list.
Nov 30, 2018, 18:12 PM IST
JLR to lay off staff temporarily at UK plant to adjust vehicle production
Terming the external environment as challenging, the company said it is taking decisive actions to achieve the necessary operational efficiencies to safeguard long-term success.
Nov 30, 2018, 14:43 PM IST
Unilever emerges as leading bidder for GSK's Horlicks business
Other bidders include Coca-Cola Co, which has been looking to expand in emerging markets.
Nov 28, 2018, 15:54 PM IST
US top court leans toward allowing Apple App Store antitrust suit
The lawsuit said Apple violated federal antitrust laws by requiring apps to be sold through the company`s App Store and then taking a 30 percent commission from the purchases.
Nov 27, 2018, 12:29 PM IST
Microsoft's stock market value catches up with Apple
Global demand for smartphones has slowed in recent years, making it more difficult for Apple to increase its revenue.
Nov 27, 2018, 12:27 PM IST
GM to cut car production in North America, halt some models: Source
Cost pressures on GM and other automakers and suppliers have increased as demand has waned for traditional sedans.
Nov 26, 2018, 21:08 PM IST
Saudi Arabia pumps record amount of oil as Trump piles on pressure
Saudi Arabia agreed to raise supply steeply in June, in response to calls from consumers, including the United States and India, to help cool oil prices and address a supply shortage.
Nov 26, 2018, 18:02 PM IST
Mitsubishi Motors' board meets to remove Chairman Ghosn
Nissan removed Ghosn at a high stakes board meeting on Thursday after allegations of understating his income and using company money for personal use.
Nov 26, 2018, 12:22 PM IST
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 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 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
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
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
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
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
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
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
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
