Uber decided to introduce a helicopter taxi service to its Brazilian customers. The experiment will begin in the city of São Paulo, known for its many kilometers-long traffic jams. Uber’s clients in the Brazilian city of Sao Paulo, known for its many kilometers of traffic jams, will be able to take a helicopter taxi, according to Reuters. Sao Paulo will be the first city in the world to test new...

Millward Brown estimated that cost of ten world’s most important automotive brands in 2016 is $ 139 900 000 000, that is, 3% less than last year. At that, the ranking leaders have only strengthened their positions, and the Dieselgate scandal critically influenced the composition of the top-10. The cost of car brands is affected not only by errors or sales success, but also by shift in youth’s...

According to the board members, the bank employee was fired "without real and weighty reasons, in an insulting way". French bank Societe generale will have to pay to its former employee Jerome Kerviel compensation in amount of € 450 th. for unjustified dismissal. This decision was made by a Paris employment tribunal. According to the council’s members, Kerviel had been dismissed "without real...

American coffee manufacturer Starbucks and the world's largest brewer Anheuser-Busch (AB) InBev signed an agreement on joint production of tea. AB InBev will produce, bottle and distribute in the US ready-to-drink tea under Teavana brand, owned by Starbucks. This will help Starbucks expand the business beyond the production of coffee, toward what the company has worked during the past few years...

Merger of the largest European stock exchanges will lead to mass layoffs of employees. It follows from a leaflet to the stockholders that the merger of the London Stock Exchange and Deutsche Boerse with deprive 1250 people of their jobs. 1250 employees will be laid off as a result of the merger of the London and Frankfurt stock exchanges. According to a message about organization of a new joint...

The largest shareholder of Alibaba, for the first time invested in the company in 2000, decided to reduce its stake. It plans to sell 4% stake in the company worth $ 7.9 billion. The package of $ 2 billion will be bought back by Alibaba itself. The largest shareholder of the Chinese Internet giant Alibaba Group, Japanese telecom company SoftBank Group Corp. intends to reduce its stake in the...

Japanese Toyota may buy Boston Dynamics, Alphabet’s unit producing robots, according to Tech Insider, citing people familiar with the situation. Messages that Alphabet is selling Boston Dynamics appeared in March this year. Among potential buyers for the robot manufacturer showed up Research Institute of Japanese carmaker Toyota and American Amazon Corporation, which already have experience with...

Netbase company analyzed 6.5 million messages on social networks in 50 European countries over the past year. The study’s results are revealing types of businesses on which consumers often respond with love. Based on these reports, Netbase made up the top 50 of best-loved brands in Europe. Below is a list of the 10 most loved brands. 10. Porsche - 106 249 references Porsche is a German...

Alphabet, owns Google, has won a legal dispute with Oracle on patent rights to use Java software, reports Reuters. Court in San Francisco rejected Oracle's compensation in the amount of $ 9 billion, according to the company’s statement. Oracle filed a lawsuit, which indicated that Google had received $ 8.8 billion as a result of violation of Oracle’s copyright. The company has filed a lawsuit...