Tag: International Business
IBM stands against Racial Bias and Privacy; leaves Facial Recognition Business
American multinational tech-company International Business Machines (IBM) will no longer develop, sell facial recognition or analysis software as its new chief executive officer Arvind...
Malaysian Oil Corporation Petronas’ CEO Wan Zul leaves amid low demand
Malaysian state energy firm Petroliam Nasional Bhd (Petronas) is expected to have a new leader soon as current President and CEO Tan Sri Wan...
Autonomous mobility firm Zoox accuses rival Ford Inc. of poaching its...
General Motors Co's self-driving vehicle subsidiary Cruise has been quoted for luring talent from rival Zoox through an email communication sent to engineers of...
Warner Music makes a grand entry with $1.93 billion IPO on...
Warner Music Group Inc.’s stockholders have accumulated close to $1.93 billion in one of the biggest US listings this year as the world’s third-largest...
World Economic Forum returns to Davos in January 2021
One of the most influential gatherings to take place in the global economic landscape, The World Economic Forum (WEF) will employ a new twin-summit...
American conglomerate GE leaves light bulb business
After the 130-year history of light bulb production, American multinational conglomerate, General Electric will no longer produce and trade lightbulbs. GE's light manufacturing unit,...
No mergers in sight for Renault, Nissan and Mitsubishi
Renault, Nissan Motor Co and Mitsubishi Motors Corp have said that the organizations do not have any plans for any consolidation and are working...
Philips’ appliances division could be bought by Turkish consortium
According to the latest reports by Turkish newspaper Sabah, a Turkish business consortium is keen to buy the household appliances division of Dutch electronics...
