Sberbank plans to reduce presence of its banking business in European countries within 1-2 years, First Deputy CEO of the bank Lev Khasis told TASS in an interview on the sidelines of the St. Petersburg International Economic Forum (SPIEF). …
Boeing Co will pay $17 million in penalties under a Federal Aviation Administration settlement after it installed equipment on 759 Boeing 737 MAX and NG aircraft that contained sensors that were not approved, the FAA said on Thursday. …
Around 1 million euro in COVID-19 relief funds aimed at businesses might have ended up in the pockets of terrorist groups in the Middle East, German media reported, citing sources in the Berlin police. The misuse of coronavirus aid to …
German company Bilfinger SE decided to not to participate in the implementation of the Nord Stream 2 project due to the threat of U.S. sanctions, the Bild tabloid reported on Tuesday with reference to the company's letter. Earlier, …
Billionaire Elon Musk's SpaceX has raised $1.9 billion in new funding, according to a regulatory filing. This would be the largest single fundraising round to date by SpaceX, according to PitchBook data. Bloomberg, which …
US President Donald Trump said on Saturday he could exert pressure on more Chinese companies such as technology giant Alibaba, the owner of the South China Morning Post, after he moved to ban TikTok, South China Morning Post informs. …
Apple has confirmed it’s planning to launch its new iPhones a little later this year. "Last year we started selling new iPhones in late September, this year we expect supply to be available a few weeks later," Apple CFO …
Google will extend its work-from-home stance until at least July 2021, according to a person familiar with the matter. The company had previously said most employees will be working remotely through the end of 2020, with some …
The German Eastern Business Association (OAOEV) calls for retaliatory measures in connection with the US plans to toughen sanctions against the Nord Stream 2 pipeline project with Russia, OAOEV chief Michael Harms said in an interview with Funke …
Canada’s Cirque du Soleil Entertainment Group filed for bankruptcy protection as the COVID-19 pandemic forced the famed circus operator to cancel shows and lay off its artistes. The Montreal-based entertainment company, which …
Apple may release as many as nine new iPhones in 2020, according to leaked plans. Legal documents filed by the California company suggest the firm is gearing up to release its new smartphone, the iPhone 12. The documents, …
An Apple store in Seoul will reopen on April 18, an Apple representative confirmed. It’s the first Apple retail store outside of China to reopen and Apple’s only store in South Korea. The store will have limited …
The Duke and Duchess of Sussex Prince Harry and Meghan Markle will stop using their "SussexRoyal" brand from spring 2020. The couple had been in discussions with aides and senior royals …
There’s so much money advice out there that it can be difficult to differentiate the good ones from the bad ones. …
Hyundai and KIA suspended production in its South Korea manufacturing plants due to supply chain problems caused by the coronavirus outbreak in China. The world's fifth-largest automaker Hyundai said that the suspension is a …
Swedish environmental activist Greta Thunberg has applied to trademark her name. She said on Instagram that the move would allow legal action against persons or companies trying to use her name or the …
The Tesla and SpaceX CEO Elon Musk’s fortune swelled by $2.3 billion in the span of an hour after shares of Tesla Inc. soared. The electric-vehicle maker’s stock, which closed at $580.99, surged 12% to …
Swedish furniture company IKEA has urged customers to stop using Troligtvis travel mug due to fears that the product may exceed the prescribed limits for certain chemicals. In a statement, an Ikea spokesperson urged …
The family of LVMH chief executive, Bernard Arnault, topped the Forbes’ list of richest people in the world, ahead of Amazon founder Jeff Bezos. The list tracks changes in the states in real-time. According to the publication, the …
Google’s parent company Alphabet is now the fourth U.S. company to hit a market cap of $1 trillion. Apple was the first US company to hit a $1 trillion cap in 2018, followed later that year by Amazon (which has since dropped below …
