Category: Business

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staffNovember 26, 2018

General Motors to slash jobs and close eight plants

General Motors (GM) plans to halt production at five factories in North America and cut more than 14,000 jobs. The ...

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staffNovember 22, 2018

Nissan sacks Carlos Ghosn over cash scandal

Carlos Ghosn has been ousted after 19 years at the helm of Nissan, following allegations of financial misconduct, Japanese media ...

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staffNovember 8, 2018

Tesla names new chair to replace Elon Musk

Electric car company Tesla has appointed an executive at Australian company Telstra to chair its board. Robyn Denholm takes over ...

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staffNovember 5, 2018

Alibaba’s Jack Ma calls US-China trade war ‘most stupid thing in this world’

The U.S.-China trade war is the “most stupid thing in this world,” Jack Ma, the chief of Asia’s most valuable ...

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staffOctober 22, 2018

Netflix reported almost $12 billion in total debt

Netflix announced Monday it intends to issue a new round of notes for “general corporate purposes, which may include content ...

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staffOctober 9, 2018

Virgin Galactic to reach space in weeks

Entrepreneur Sir Richard Branson has said that Virgin Galactic is “weeks” away from its first trip into space. “We should ...

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staffSeptember 24, 2018

Weight Watchers drops ‘weight’ from name

Weight Watchers has unveiled a slimmed down version of its name, rebranding itself WW, in what it says marks “the ...

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staffSeptember 20, 2018

Amazon considering opening 3,000 cashierless stores

Amazon is considering opening up to 3,000 new cashier-less stores by 2021 to vie for shoppers at convenience stores and ...

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staffSeptember 17, 2018

Coca-Cola ‘in talks’ over cannabis-infused drinks

Coca-Cola is best known for its eponymous caffeine-based drink, but the firm now appears to be experimenting with a different ...

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staffSeptember 17, 2018

Wall Street salaries highest since 2008 crisis

Salaries on Wall Street rose last year to their highest level since the 2008 financial crisis. The figures come from ...