IMF announces $50 billion program to combat coronavirus The money which is ready to be disbursed immediately is mainly for low-income countries and will mostly be interest-free Mar 5, 2020 Coronavirus
Facebook comes forward to fight coronavirus; to allow free ads to WHO Facebook CEO Mark Zuckerberg said that it will block all users trying to run false ads and spread misinformation on coronavirus Mar 5, 2020 Facebook Coronavirus Mark zuckerberg
Johnson & Johnson ordered to pay $1.7 million in damages for faulty pelvic mesh implants The company had faced similar lawsuits in other countries and had agreed to pay $17 million to settle claims by patients in 41 states in the US Mar 4, 2020
Apple agrees to pay up to $500 million to settle lawsuit over slow iPhone performance Apple was accused of slowing down the battery performance of its older handsets in order to introduce new iPhone models Mar 3, 2020 Apple ios
Samsung begins constructing $220 million R&D center in Vietnam: report The construction process of the new research and development center is reportedly going to be completed by end 2022 and will employ 2,200 to 3,000 heads Mar 3, 2020 Samsung Coronavirus
Toyota plans to pump in $1.2 in new plant in China; to make electric vehicles Toyota's new plant, reportedly, in Tianjin will be in collaboration with its local partner FAW Group Mar 1, 2020
Harley-Davidson CEO steps down as company's struggle to ramp up sales continues Harley has announced Jochen Zeitz, famous for turning an ailing Puma in the 1990s into one of the top sports brands in the world, as its interim CEO Mar 1, 2020
Tokyo Disneyland, Disney Sea, Universal Studios Japan closed down till March 15 on coronavirus fears Disney's theme parks remain closed in Shanghai and Hong Kong, which the company said could significantly impact its second-quarter results Feb 29, 2020 Coronavirus
Geneva Motor Show cancelled as coronavirus concerns mount in Europe The Swiss government on Friday put a ban on all big events that attract more than 1,000 visitors and delegates through at least March 15 Feb 29, 2020 Coronavirus
Huawei to build first European 5G factory in France, says chairman Huawei's decision is in a bid to ease worldwide concerns following allegations by the US that its equipment could be used by China for spying Feb 28, 2020 Huawei
Panasonic calls it quits, to end joint solar cell production with Tesla at Gigafactory 2 Panasonic is Tesla's exclusive battery supplier and the move could make things difficult for Tesla Feb 27, 2020 Elon musk
End of an era: Bob Iger steps down as Walt Disney's CEO Bob Iger is being replaced by Bob Chapek, who recently served as the head of Disney's parks business Feb 27, 2020
Goodbye China, says Tesco as company sells off stake in Gain Land The British retailer sold off its 20% stake in Gain Land to China Resources Holdings with which it had started a joint venture in 2014 Feb 26, 2020
Amazon Go Grocery to make debut; tech giant's first full-size cashierless store The cashierless store in Seattle's Capitol Hill was in the making for five years and is spread over approximately 10,400 square feet Feb 26, 2020 Amazon prime
PepsiCo to buy online Chinese snack retailer Be & Cheery for $705 million Be & Cheery, which was founded in 2003 is China largest online snack company and sells from nuts to dry fruits Feb 25, 2020
Mastercard to hire 1,500 tech staff in Dublin; to make Ireland its technology hub for Europe Mastercard started with 36 employees in Dublin in 2008 and now has 650 employees, which will treble over the next three to five years Feb 25, 2020 Facebook
Lyft acquires digital car-top advertising startup Halo Cabs Ride-hailing services like Uber and Lyft are investing in a number of side businesses in pursuit of generating profit Feb 23, 2020
German court allows Tesla to cut trees to construct Gigafactory 4 The electric carmaker aims to start manufacturing process in its German facility by 2021, producing 150,000 cars annually Feb 22, 2020 Elon musk
Chinese carmaker Geely launches online sales as coronavirus keeps buyers at residence The company is also arranging for test rides for customers from their home in coordination of local dealers Feb 22, 2020 Coronavirus
Microsoft to invest $1.1 billion in Mexico over the next five years, open data center region The announcement was made via a promotional video released by the Mexican government Feb 21, 2020