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South Africa’s TelKom SA in talks of possible Cell C acquisition

20-11-2019

On Friday, the 15th of November 2019, Pretoria-based South Africa’s 39 per cent state-owned, Telkom SA had issued a statement saying that the largest telco gear company in Africa had been in an advanced stage to acquire Cell C

Nissan recalls nearly 400,000 vehicles over glitchy braking system

20-11-2019

Japan’s grief-sickened carmaker, Nissan Motor Co. Ltd. had issued a statement on Sunday, the 17th of November 2019, saying that the Yokohama-based Japanese automotive industry giant was recalling 394,025 vehicles in the United States

Oklahoma judge reduces J&J opioid pay off to $465 million

20-11-2019

Late on Friday, the 15th of October 2019, an Oklahoma judge had reduced Johnson & Johnson’s pay off in punitive measures for fuelling up an opioid epidemic by exercising deceptive marketing practice

Vivendi ready to reduce stake in Mediaset for an undisclosed agreement

19-11-2019

Vivendi, the Paris-based French mass media conglomerate, could cut its stake in Mediaset SpA, the largest commercial broadcaster in Italy, as a part of a possible deal terms of which remained undisclosed

Trump has already admitted to bribery, says US House Speaker Nancy Pelosi

19-11-2019

Later this week, US House Speaker, Nancy Pelosi, said in a press conference that the US President Donald Trump had already confessed his corruption on Ukrainian scandal

South African Airways, unions meet for talks to end a crippling strike

19-11-2019

On Saturday, the 16th of November 2019, the South African Airways alongside its workers’ union met for a talk to resolve their deep differences

Aramco IPO range set to value Saudi oil giant up to $1.7 trillion

19-11-2019

On Sunday, Saudi’s state-owned Aramco, had set its price range for a planned Initial Public Offering (IPO) in the domestic stock exchange, according to which the Saudi oil giant could be worth up to $1.7 trillion

Citigroup names long-time-veteran Manuel Romo CEO of Mexican wing

19-11-2019

On Friday, the 15th of November 2019, the NY-based American multinational investment banking company, Citigroup’s Mexican wing had appointed Manuel Romo as Chief Executive Officer

Bristol-Myer wins anti-trust approval to buy Celgene, must divest Otezla

18-11-2019

Late on Friday, the US FTC had issued a statement saying that Bristol Myer Squibb and Celgene Corp. had received a go-ahead signal over their planned merger attempt

Turkey says bought Russ S-400 to use, not to shelve; US sanction looms

18-11-2019

On Saturday, Chair of the Turkish Defence Industry Directorate, said that Turkey had purchased Russian S-400 missile defence system, which could jeopardize NATO’s F-35, to utilize them

China’s JD.com beats quarterly estimates, share snowballs 7 per cent

18-11-2019

On Friday, Beijing-based China’s e-commerce giant JD.com Inc. primarily engaged in B2C online retailing, posted its quarterly earnings’ report that had beaten an analysts’ estimate by a wider margin

Ford’s UAW members vote to ratify new four-year contract

18-11-2019

United Auto Workers union, had issued a public statement late on Friday adding that its members of the No. 2 US automaker, Ford Motor Co. had voted to ratify a new four-year contract

US Supreme Court to hear Google’s bid on Oracle Android OS copyright suit

17-11-2019

Late on Friday, the 15th of November 2019, the US Supreme Court had ruled a verdict saying that it had agreed to listen to Google LLC.’s bid against Oracle Corp.’s multi-billion-dollar lawsuit

US charges another JPMorgan executive with alleged market manipulation

17-11-2019

Late on Friday, the US Department of Justice, had charged a formal executive of JPMorgan Chase & Co., of alleged scheming to form a racket to manipulate metal prices

Twitter to stiffen bans on political ads ahead of US 2020 election

17-11-2019

Late on Friday, the 15th of November 2019, Twitter Inc. had issues a statement saying that the social networking titan’s ban on political advertisement would also be including any kind of reference to political candidates or regulations,

Microsoft probing work of Israeli facial recognition startup that it funded

17-11-2019

Microsoft Corp had hired a former Attorney General to conduct a sweeping investigation on whether the usage of a facial recognition technology developed by an Israeli start-up that it funded would be complying with its ethic principles

Brazil’s largest digital broker XP seeks Nasdaq IPO listing

17-11-2019

Late on Friday, the 15th of November 2019, XP Inc., the largest broker of Brazil had filed for an initial public offering in the tech-heavy Nasdaq Composite.

Boeing says timing of 737 Max return in hands of regulators

17-11-2019

On Saturday, the 16th of November 2019, the world’s largest low-cost aircraft carrier maker, Boeing Co. headquartered in Chicago, Illinois, leaped forth to ease some concerns on its grounded Max 737

WeWork to face off US SEC probe on possible rule violation

17-11-2019

WeWork, the office space sharing start-up, had been facing off steep scrutiny from the US SEC (Security and Exchange Commission) on whether it had violated any rule during its suspension of initial public offering on late-September

Apple could raise annual ad income to $11 billion by 2025, says JPMorgan

16-11-2019

Earlier on Friday, analysts from leading US lender JPMorgan Chase & Co., said that the launch of Cupertino, CA-based iPhone maker’s streaming media service could heighten up the iPhone maker’s advertisement earnings’ about five-fold to $11 billio

Amazon challenges Pentagon’s $10 billion cloud contract award to Microsoft

16-11-2019

Late on Thursday, Amazon.com Inc. had issued a statement saying that its management board had decided to contest a Pentagon decision to award a cloud computing deal worth of $10 billion to Microsoft Corp.

Volkswagen AG to invest €60 billion in e-mobility, digital tech by 2024

16-11-2019

On Friday, the Wolfsburg-based German leading automaker, Volkswagen AG had issued a statement, saying that the carmaker had been exploring an option to invest as much as €60 billion ($66.12 billion) over next five years

Labour’s Corbyn pledges BT nationalization to provide free internet for all

16-11-2019

On Friday, the 15th of November 2019, UK’s opposition Labour Party had revealed a plan to nationalize a network of BT Broadband, owned by the BT Group, aimed at proffering free internet for all if it could take the office

Amazon.com Inc. to trim grocery delivery charges in Germany

16-11-2019

On Thursday, world’s No. 1 e-commerce retailing Goliath, Amazon.com Inc. of billionaire entrepreneur Jeff Bezos had issued a statement saying that the US-based tech conglomerate was reducing fresh grocery delivery fees in Germany

Walmart posts strong Q3 earning ahead of holiday, lifts full-year forecast

15-11-2019

On Thursday, the 14th of November 2019, the world’s largest company by revenue, Walmart Inc., had raised its full-year forecast for operating profit as a robust consumer spending had bolstered purchases

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