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Facts point to legal violation by former Chair Ghosn, says Nissan Committee

28-03-2019

On Wednesday, an external committee assigned with finding ways to enhance governance at Nissan Motor Co. said that there had been substantial scale of suspicious facts, which could offer proofs of violations of laws

Adobe and Microsoft team up to take on Salesforce’s marketing tool

28-03-2019

Adobe Inc and Microsoft Corp had issued a joint statement on Tuesday, the 26th of March 2019, saying that the Microsoft and Adobe would be partnered up for bolstering each other’s marketing and sales software capabilities

EU Commission scrutinizes 5G risks, but no bloc-wide Huawei ban

28-03-2019

On Tuesday, the 26th of March, the European Commission had said that the EU Nations would be requiring to share critical data on 5G cybersecurity risks and develop measures to handle the risks associated by the end of this year

German Merck KGaA goes hostile in a $5.9 billion Versum takeover bid

28-03-2019

On Tuesday, the 26th of March 2019, the German pharmaceutical group, Merck KGaA had sidestepped the managements of Versum Materials and took their $5.9 billion deal directly to the shareholders of the US chemical company.

Apple Inc. unveils Apple News+ at $10 per month

28-03-2019

During a launch event at Apple’s Cupertino headquarter on Monday, Apple Inc. executives said that they would be offering Apple News+ service for $10 a month and the subscription would offer contents from 300 popular magazines

Netflix to test $3.63/month mobile plans in India

28-03-2019

Netflix Inc., US-based media streaming tycoon, headquartered in Los Gatos, had been testing a $3.63 (INR 250) monthly subscription for mobile devices in India, the video streaming giant told on Tuesday (March 26th).

Oxycontin maker Purdue settles Oklahoma opioid case at $270 million

28-03-2019

Oxycontin maker Purdue Pharma LP, owned by a wealthy Sackler family had reached a $270 million settlement in order to resolve a lawsuit filed by the state of Oklahoma, accusing the drug maker of aiding in an opioid abuse

Spotify to purchase third podcast company Parcast over two months

28-03-2019

On Tuesday, the 26th of March, Spotify Technology SA, Swedish audio streaming giant, told that they had agreed to a takeover deal for podcast company Parcast, Spotify’s third podcast acquisition over two months

Japan watchdog seeks $1.2 mn fine against Citigroup on bond manipulation

27-03-2019

Japanese SESC market watchdog told on Tuesday, that they had recommended a financial penalty of $.12 million against the British unit of Citigroup Inc. for alleged Japanese government bond (JGB) price manipulation

Indian States open for talks on smaller Uber-rival Ola ban

27-03-2019

In a legal hearing, the Southern Indian State of Karnataka had left the door wide-open later last week to potential talks with smaller Uber rival, local ride-hailing service provider, Ola to avert a ban

American Airlines extends Boeing 737 Max cancellation till April 24th

27-03-2019

On Sunday, the 24th of March 2019, the American Airlines said that they would be extending their latest streak of flight cancellation up to April 24th because of the numbers of Boeing 737 Max grounded

Bayer, J&J settle Xarelto lawsuit for $775 million

27-03-2019

Johnson & Johnson and Bayer AG had agreed to settle over 25,000 US lawsuits over their cameo blood thinner Xarelto for a lump-sum of $775 million, court documents revealed on Monday, the 25th of March 2019.

Uber buys gulf’s Careem in a $3.1 billion cash-and-stock acquisition deal

27-03-2019

The US-based ride-hailing giant Uber Technologies Inc. had agreed to purchase a smaller Middle-East rival Careem in a $3.1 billion takeover deal, buoying dominance in a much more competitive market

Oklahoma clears hurdles for Purdue, J&J, Teva opioid trial

26-03-2019

On Monday, the 25th of March 2019, a top court of Oklahoma had turned down a plea of delay of a landmark trial due to be held in May, accusing Oxycontin maker Purdue Pharma LP and two other drug makers in a multi-billion-dollar lawsuit

Apple Inc. launches Television, Credit card and online gaming service

26-03-2019

On Monday, Silicon Valley giant, Apple Inc. had reintroduced itself as a financial and entertainment services company besides an iPhone maker, as it had initiated a television streaming service, credit card service and online gaming arcade

Airbus inks deal to supply 300 jets to China

26-03-2019

The deal was signed during Chinese premier Xi Jinping's visit to France, on 25th March

Trump Critic Michael Avenatti arrested in a $20 million Nike shake down

26-03-2019

Michael Avenatti, the lawyer who had been representing an adult film star Stormy Daniels in her case against the US President Donald Trump, had been charged with extortion on Monday

After 25 years of helming Jet, founder-chairman Naresh Goyal leaves co.

26-03-2019

The Indian aircraft carrier is reeling under debts adding to the already-existing airline problems in India

Delek Israel to explore partnership options at Masal Gas port in Egypt

26-03-2019

Israel’s Delek Drilling, said on Sunday that they had been exploring potential options to scale up their natural gas exports into Egypt

Uber to announce 3.1 billion Careem acquisition deal as early as this week

26-03-2019

Uber Technologies Inc., the much-cherished ride hailing service would announce their acquisition plans for Dubai-based ride hailing Careem Network FZ as early as this week

Citigroup fires eight Hong Kong bankers on financial misconduct

26-03-2019

Citigroup Inc., an American multinational investment bank headquartered in New York had fired eight bankers and suspended three from their equity trading operation in Hong Kong

Ethiopian Airlines questions Boeing’s “aggressive” autopilot software

25-03-2019

On Sunday, the 24th of March 2019, an Ethiopian Airlines Executive had asked whether Boeing Inc. had given their pilots enough knowledge regarding their “aggressive” software, which could push a plane’s nose downwards

Italy becomes 1st G7 nation to endorse China’s “Belt and Road” plan

25-03-2019

On Saturday, the 23rd of March 2019, Italy had endorsed an ambitious “Belt and Road” infrastructure plan of China, becoming the first major Western super power to back the Chinese initiative

China refuses to accept US demands to ease curbs on tech firms

25-03-2019

Ahead of a fresh leg of Sino-US trade talks this week, Chine may not be accepting US demands of easing curbs on tech firms, a Financial Times report revealed on Sunday

US files criminal charges against autonomy founder Lynch

25-03-2019

On Friday, the 22nd of March 2019, US prosecutors had added three fresh criminal charges against British entrepreneur Mike Lynch, related to an $11.1 billion sale of his software company Autonomy to HP in 2011.

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