Business & Finance
This Is Why Airbus Is Not Pouncing On Boeing Over Its 737 MAX Crisis
According to industry experts, the reason why Airbus is not elated because of the fiasco that Boeing is facing over its 737 Max is partly because the jet is similar to Airbus’s record-selling A320neo in terms of following strategies of engine efficiencies. This is also perhaps the reason why Airbus...
Q1 Profit Loss Prompts Barclays To Further Slash Costs
The tough markets are given pressure on Barclays which is caught in the public spat between its C.E.O and the activist and investor. In the Q1, Barclays experiences a drop of ten percent in profit figures, while the investment bank seems to struggle under the pressure of tough markets situation...
Renaults Holds On To 2019 Goals Post Q1 Revenue Loss
Market is focussed on seeing whether or not the alliance of Renault survives the storm Ghosn scandal. On Friday, April 26, 2019, Renault decided to keep up its annual target even as it experienced a loss in “overseas sales and business” in partnership with Nissan, whereby amounting a revenue drop...
Will Coca-Cola create competitor for Starbucks?
At the beginning of the year, Coca-Cola completed acquisition of Costa Coffee for $ 5 billion. This British company is the second largest chain of coffee shops after Starbucks. Meanwhile, Coca-Cola CEO James Quincey is trying to increase the company's influence in the highly profitable coffee...
Standard Chartered Under ‘$1.1 billion’ Penalty For Violating Sanctions
An investigation on Standard Chartered found the bank breaching sanctions and lined up penalties in the form of “fines and forfeitures”. As per the announcements made by the government authorities, the Standard Chartered Plc has consented in paying a sum of “$1.1 billion” to the authorities of...
Shortage Of Heavier Oil Possible Due To U.S. Sanctions On Iran And Venezuela
The global supply of heavy-medium crude is set to be hit due to the tighter U.S. sanctions on Iranian oil to be implemented starting May, among other factors. Such concerns have also forced up prices of the scarcer barrels resulting in tensions between the buyers and sellers. The increased...
Reuters: US sanctions against Iran and Venezuela create a shortage of heavy crude
Tightening of US sanctions on the Iranian oil sector will add to the many factors holding back world supplies of heavy and medium oil and increase its value, Reuters writes. New restrictions on Iranian exports complement the previously imposed sanctions by Washington on Venezuela and the obstacles...
Four companies to invest in Esports
If you still think that video games are for children, keep in mind that, according to estimates by the American Software and Computer Games Manufacturers Association, the average age of a player is 34 years, while about two thirds of American families play video games. In fact, it is a fast-growing...
UK Urged By China Not To Succumb To External Pressure On Huawei Decision
The UK has been urged by China not to budge under external pressure over its politically and diplomatically sensitive decision to allow the Chinese firm Huawei to take part in the construction of 5G mobile network in the country – albeit only in the peripheral work. China’s ambassador to...
![PepsiCo Files Patent Infringement Case Against Indian Farmers Related To ]Potato Farming](https://www.wmaker.net/thedmr/photo/art/imagette_16_9/33130788-30660672.jpg?v=1556456586 "PepsiCo Files Patent Infringement Case Against Indian Farmers Related To ]Potato Farming")
PepsiCo Files Patent Infringement Case Against Indian Farmers Related To ]Potato Farming
One of the largest snacks food and carbonated drinks making companies in the world PepsiCo, has filed a legal suite against Indian farmers alleging that the farmers had cultivated a particular variety of potato that had been licensed by them which means that its patent for that purpose had been...
