Companies & CEOs

The American company Teladoc Health, which specializes in telemedicine and online medical services, bought its competitor Livongo Health. The deal amounted to $ 18.5 billion.

The US Securities and Exchange Commission (SEC) has launched an investigation into the situation of Eastman Kodak Co. and its loan worth $ 765 million, The Wall Street Journal reported,…

Apple has asked property owners renting out space for stores in the UK to cut their rent by 50%, The Sunday Times reported. Profitability of the company's stores makes landlords…

Microsoft is considering acquiring a stake in the Chinese TikTok app. Earlier, the media reported about the company's interest with reference to sources.

Cancellation of the sporting event and the postponement of the Tokyo Olympics, which was due to open in late July have had an extremely negative impact on the performance of…

On Wednesday night, executives from Google, Amazon, Facebook (FB) and Apple spoke to the US Congress via video link. Congressmen criticized the top managers for the dominant position of their…

American weapons manufacturer Remington Arms Co. filed for bankruptcy, unable to cope with the debt burden, despite the fact that demand for weapons in the United States has grown significantly…

US owners of Volkswagen cars have received more than $ 9.8 billion in compensations for damages for the manipulation of data on the content of harmful substances in the exhaust…

British AstraZeneca Plc and Japanese Daiichi Sankyo Co. agreed to jointly develop the drug DS-1062. The medicine is considered very promising for the fight against a number of oncological diseases.

A court in India has summoned Alibaba founder Jack Ma to a hearing. The lawsuit was filed by a former employee of the UC Web subsidiary Pushpendra Singh Parmar. He…

Facebook has increased the court deal to $ 650 million to settle a class action lawsuit against Illinois residents over the use of facial recognition technology, Bloomberg reported.

Despite the quarantine and a 12% increase in daily users, Twitter's top financials were negative in the last quarter.

At the request of the German prosecutor's office, searches were conducted in the offices of Fiat Chrysler and CNH Industrial in Germany, Italy and Switzerland in connection with an investigation…

Sales of Coca-Cola Company fell by 28% in the second quarter of this year compared to last year, follows from the manufacturer's financial report. This is the largest quarterly drop…

Net profit of the pharmaceutical company Novartis in January-June 2020 increased by 1.6% in annual terms and amounted to $ 4.04 billion, the company said.

Chinese company ByteDance, which owns the TikTok app, is considering London as the site for the global headquarters of the social network, writes The Sunday Times, citing a source.

American Airlines announced the signing of a strategic partnership agreement with the American low-cost airline JetBlue. In fact, the companies are forming an alliance that will allow them to sell…

Owners of some versions of the iPhone in the United States have received an opportunity to claim compensation from Apple. Due to a dispute in which the company was accused…

Google announced a $ 10 billion investment in India’s IT industry. This decision was published after negotiations between CEO of Google and its holding company Alphabet, Sundar Pichai, with Indian…

Nvidia Corp for the first time became the largest US chip maker by market value, overtaking Intel Corp on Wednesday.

The Mexican Ministry of Energy greenlighted creation of the first public-private partnership in the history of the country to develop an oil field, the right to which was initially claimed…

The American corporation Microsoft is interested in buying the gaming division of Warner Bros. for $ 4 billion, reports The Information, citing sources inside the company. The company intends to…

The New York State Department of Financial Services (DFS) announced an agreement with Deutsche Bank, under which the bank will pay a fine of $ 150 million. A fine is…

Uber Technologies, a taxi and food delivery service, announced purchase of a $ 2.65 billion-worth Postmates food delivery service. It will issue 84 million new shares that will be exchanged…

American Zynga Inc., a developer of popular social networks games, said it had closed a deal to buy all outstanding shares of Turkish Peak Games. It estimated the deal at…

U.S. electricity supplier Dominion Energy announced on Sunday that it is selling its gas business to Warren Buffett’s Berkshire Hathaway.

Nearly three million companies in Latin America and the Caribbean will cease to exist due to measures taken amid the COVID-19 coronavirus pandemic, according to a report by the United…

The wealth of the richest man in the world - Head of Amazon Jeff Bezos - jumped to a new historical record of $ 171.6 billion, according to the Bloomberg…

The British-Dutch company Royal Dutch Shell said that in the second quarter it could write off the value of its assets in the amount of $ 15 billion to $…

Chinese oil giants are in talks to create a group that could become the largest oil buyer in the world. At first, they intend to jointly acquire Russian and African…

The US Department of Justice is expected to sue Google in the next few months and accuse the company of monopolizing the advertising technology market, Politico reports citing sources familiar…

Chesapeake Energy, a US-based shale oil producer, filed for bankruptcy, the company’s website reads. The company requested protection under Chapter 11 of the United States Bankruptcy Act, which allows for…

Telegram and the U.S. Securities and Exchange Commission (SEC) entered into a settlement agreement under which the court ordered Telegram to return $ 1.22 billion to investors (minus funds that…

The Spanish corporation Iberdrola, which is one of the world's largest renewable energy operators, halted the project for a combined cycle power plant in the state of Veracruz after failing…

On Monday, German prosecutors arrested Markus Braun, the former CEO of Wirecard fintech company. Mr. Braun’s arrest followed a scandal surrounding Wirecard that erupted after the company discovered a shortage…

In July, one of the world's largest energy companies, the American Chevron Corp., intends to resume oil exports from its joint ventures with the governments of Saudi Arabia and Kuwait,…

US telecom operator T-Mobile US began to cut jobs faster than planned after closing a merger with rival Sprint Corp.

According to Reuters, the Italian-American automaker Fiat Chrysler has reached an agreement with the government on a loan in the amount of € 6.3 billion. This will be the largest…

The American company Apple plans to assemble the second generation of iPhone SE smartphones in India, Apple Insider said. iPhone SE is the most budget model in the current line…

Google has offered additional $ 200 million in grants for nonprofits. Thus, the company is increasing its obligation to pay up to $ 1 billion, reports CNBC. Google supports organizations…

The Swedish IKEA hypermarket chain has begun negotiations with several governments to return state aid allocated to the company as a support measure in the context of the COVID-19 coronavirus…

German aircraft company Deutsche Lufthansa plans to downsize up to 26,000 jobs due to a sharp decline in air traffic amid a pandemic.

Mulberry, a British manufacturer of luxury handbags, accessories and clothing, plans to cut about 25% of its employees worldwide because of the negative impact of the novel coronavirus pandemic, the…

For the first time in several decades, the German airline Lufthansa left the main index of the Frankfurt Stock Exchange DAX, follows from the data of Deutsche Boerse AG. The…

Warner Music record company raised nearly $ 2 billion during the IPO. The initial offering has become the largest in the US market since the beginning of the year.

The international rating agency Moody's Investors Service (Moody's) has retained ratings of German concerns Volkswagen Aktiengesellschaft (VW), Daimler AG and Bayerische Motoren Werke Aktiengesellschaft (BMW), the agency said.

The market capitalization of Zoom, the video conferencing service, exceeded $ 50 billion for the first time during Friday trades, according to the exchange.

Credit Suisse plans to revise its approach to lending to billionaires after the crisis, Bloomberg reports. In particular, the management of the second largest bank in Switzerland will re-evaluate risks…

Twitter’s Head Jack Dorsey donated $ 10 million to a charity that will give out the money to 10,000 families affected by the crisis. Dorsey turned out to be the…