HSBC Holdings has announced that it would cut around 35,000 jobs over the next three years. The bank is also planning to shrink its investment and shed USD 100 billion in assets to revamp it... Read more

Delta Air Lines has announced its plan to go carbon neutral by 2030 and has decided to spend USD 1 billion over the next ten years to reduce climate footprint. The world’s second-largest air... Read more

The American car giant General Motors has decided to close its historic Australian car brand Holden as it leaves the market in Australia and New Zealand by next year. The officials of the co... Read more

The Royal Bank of Scotland is going to leave behind its 293-year-old name as new chief executive officer Alison Rose begins overhaul. The lender will be renamed as NatWest Group. The move ai... Read more

A jury has asked Bayer and BASF to pay a combine USD 250 million in punitive damages to a southeastern Missouri peach farm. The peach farmer had argued that weedkiller dicamba that came to h... Read more

LinkedIn is all set to get a new Chief Executive Officer in June as CEO Jeff Weiner has announced plans to step down from the helm of the social networking company. He will be succeeded by R... Read more

The Chinese electronics giant TCL Communication has announced that it will no longer design, manufacture and sold BlackBerry-branded smartphones. This means the smartphones carrying the icon... Read more

Months after former CEO Adam Neumann was ousted, WeWork has named real-estate industry veteran Sandeep Mathrani as its new chief executive. The move is being seen as a step to restructure th... Read more

Four companies have recalled inclined sleepers for babies, which might lead to infant fatalities due to suffocation. The US Consumer Product Safety Commission (CPSC) has been investigating t... Read more

Tech giant Apple is working on a new computer that will be made up of a single piece of curved glass. The company has just filed a new patent for a device called Electronic Device with Glass... Read more