Apple won’t hit revenue forecasts due to coronavirus
American multinational technology firm Apple said during the investor update that it will not meet its target earnings for March as its production and...
Carmakers focus on selling online to cope with virus impact
Giant automakers like BMW, Mercedes-Benz and Tesla are trying to boost their revenues by ramping up their online presence amid the coronavirus outbreak. Most Chinese plants and factories were shut down to contain the outbreak, hardly hitting the sales of automobile industries. While people in the mainland choose to stay indoors and stay away from […]
Money trader Travelex down after getting victimized by cyberattack
The London-based foreign exchange company ‘Travelex’ was forced to shut down its online systems across the globe after falling into cyber traps on New...
Cathay Pacific to pay almost $1M fine over passengers’ data leak
Hong Kong’s flagship airline Cathay Pacific Airways was fined with $970,000 for a data breach that exposed personal information of millions of passengers. Authorities said that the carrier failed to protect the details of 9.4 million people as their names, passport details, dates of birth, phone numbers, addresses and travel history were leaked in the company’s […]
Volkswagen eyes settlement with customers over ‘dieselgate’ scandal
Germany's largest car company Volkswagen has confirmed entering a discussion with the Federation of German Consumer Organisations or Verbraucherzentrale Bundesverband (VZBV) for possible settlement...
Tesla plans to strengthen financial position by issuing more shares
American automaker Tesla announced that it would sell $2 billion of common stock in a new public offering in order to purchase another 15%,...
Indian ridesharing giant launches in London
Ola, an Indian ride-hail company, began its operations in London on Monday as part of its continued expansion in the United Kingdom.
The firm, which...
Philippine Airlines appoints new president, raises capital stock by 130%
The flag carrier airline of the Philippines announced that it will now be controlled by Lucio Tan as he was recently appointed as the...
Anticorruption Probe Targets Former Malaysian PM Mahathir Mohamad
Learn about the anticorruption investigation targeting former Malaysian Prime Minister Mahathir Mohamad and his sons, highlighting the widening scope of the probe and its significance in Malaysian politics.
