Category: General Interest

As demand of electric cars steadily grows, oil companies across the world have started contemplating on their future. Will this cause a significant impact on the still-profitable..

A group has hacked the entertainment company HBO and are blackmailing the company for millions of dollars. The hackers are threatening to leak scripts of the popular..

UK tobacco giant, British American Tobacco (BAT) is under official investigation by Britain’s Serious Fraud Office (SFO). The company is facing allegations..

US President Donald Trump personally dictated his son’s “misleading” statement regarding Trump Jr’s meeting with a Russian lawyer that took place in June 2016..

E-commerce company, Snapdeal has terminated talks of a merger with its rival Flipkart. The deal was reportedly worth somewhere between $900-$950 million and has been in works for at least six months. Both Snapdeal and Flipkart are e-commerce companies based in India. Flipkart is the more successful business with..

Unemployment rate in Saudi Arabia has risen to 12.7% in the second quarter of 2017. Tens of thousands have been laid off from the job market in the recent years due to a steep fall in oil prices. Between 2010 until mid-2014, world oil prices were around $110 a barrel. However, due to an oil…

Venezuela has announced that protests will be banned leading to the July 30th vote for a special constituent assembly. There have been multiple deadly protests across the country against the current government. The ban is a direct challenge to the opposition. In March 2017, Venezuela’s Supreme Court took over..

Britain’s Metropolitan Police Service (Met police) has said that there are “reasonable grounds” to suspect the council and the organization that managed Grenfell Tower, of corporate manslaughter. The Grenfell disaster, one of the deadliest fires is London’s history, resulted in the deaths of at least 80 people. On June 14..

Four of the biggest airlines from three continents have come together in a deal worth over $1.2 billion. A series of transactions announced have linked Delta Air Lines (DAL), China Eastern (CEA), Air France/KLM (AFLYY)Group and Virgin Atlantic Airways. DAL and CEA are reportedly buying 10% stake of Air France and Air France..

The economic momentum of the Britain has slowed down. The Office of National Statistics has released data confirming that UK’s GDP has increased by 0.3%. This had already been predicted by a number of forecasts. A spike in inflation and the slump in the pound have been blamed for the slow down. In 2016..