Business
-
Pfizer Inc beat analysts’ estimate for adjusted profit
Jan 30, 2018Pfizer’s shares, which traded at a near 16-year high ahead of fourth-quarter results, were down 1.3 percent premarket on Tuesday. Pfizer Inc beat analysts’ estimate for adjusted profit on Tuesday, helped by strong demand for its... -
Nuro raises $92 million to launch a self-driving delivery vehicle
Jan 30, 2018The company, co-founded by two former engineers from Google’s self-driving car project, Dave Ferguson, and Jiajun Zhu, opted to bypass the high-profile race for self-driving taxis to focus on goods delivery. Silicon Valley start-up Nuro said... -
BP Plc invests $5 million in U.S. mobile electric vehicle charging company FreeWire
Jan 30, 2018BP, whose venturing business invested in FreeWire, said it plans to roll out the San Francisco- based technology firm’s Mobi Charger units at selected retail sites in the United Kingdom and Europe this year. BP Plc... -
Canon Inc expects operating profit to surge in 2018 to its highest level in a decade
Jan 30, 2018Canon forecast operating profit to rise 27 percent to 420 billion yen ($3.9 billion), representing a second consecutive year of profit gains and beating a consensus estimate of 376 billion yen. Japan’s Canon Inc said it... -
Uber to sell vehicles and the existing lease portfolio of its auto-leasing business Xchange Leasing to startup digital car marketplace Fair
Jan 30, 2018Fair, based in Southern California, said it was buying the lease portfolio through equity and debt secured during its recent funding round. Ride-hailing firm Uber on Tuesday said it would sell vehicles and the existing lease... -
SAP announced a $2.4 billion U.S. acquisition to help it boost revenues from its cloud platform
Jan 30, 2018The German company is midway through a strategic transition, aiming to force the pace on developing its S/4 HANA cloud platform. Europe’s top technology company SAP announced a $2.4 billion U.S. acquisition to help it boost... -
Pran Agro will work with the USAID funded RDC project to support farmers through Krishi Hubs
Jan 29, 2018Pran Agro Business Ltd. signed a Memorandum of Understanding (MoU) on Thursday, January 25, 2018, with the US nonprofit international economic development organization ACDI/VOCA to act as a partner for the United States Agency for International... -
Grameenphone’s Bioscope receives award nomination from Mobile World Congress
Jan 28, 2018Bioscope will be one of three products representing the country on the global stage. Bioscope offers an array of live TV channel options for its’ users with state of the art catch up TV feature, which... -
Airbus to deliver the first ever A350-1000 jet to Qatar Airways between Feb. 15 and Feb. 20
Jan 28, 2018Delivery of Europe’s largest twin-engined passenger jet to launch customer Qatar Airways had been delayed from late last year to some time next month due to issues with installing business class seats. Airbus will deliver the... -
The founder of the Ikea furniture, Ingvar Kamprad dies
Jan 28, 2018The billionaire, who was born in 1926 in Småland, founded Ikea at the age of 17. He used some money his father had given him as a gift for performing well at school despite his dyslexia....
