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 into the illegal use of equipment to reduce emissions. According to the Frankfurt prosecutor's office, engines installed in Fiat, Alfa Romeo, Jeep and Iveco cars (manufactured by CNH Industrial) have been...

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 in revenue for the company in at least a decade. The company explains such unsuccessful reporting by the COVID-19 pandemic, due to which bars, restaurants and other catering establishments in many countries of the...

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. Earnings per share amounted to $ 1.77 at the end of the reporting period against $ 1.72 a year earlier. Novartis had sales of $ 23.63 billion in six months, up 3.3% from a year ago. In the second quarter, the company's net profit was $ 1.867...

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. According to the newspaper, negotiations with the UK government are now suspended. According to a Reuters source, the issue is still under discussion. According to The Sunday Times, the Chinese company is going to...

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 seats on each other's planes. The merger will give American Airlines customers access to approximately 130 destinations served by JetBlue. Moreover, for the company itself, this is an opportunity to...

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 of deliberately slowing down the smartphones, Americans can claim up to $ 500 in compensation. American iPhone owners have received an opportunity to claim up to $500 in compensation from Apple for settlement of a dispute...

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 Prime Minister Narendra Modi. The investment will be directed to Google’s fund called the India Digitization Fund. Over the next five to seven years, these funds will be used to create partnerships with...

Nvidia Corp for the first time became the largest US chip maker by market value, overtaking Intel Corp on Wednesday. Nvidia stock quotes rose by 3.5% per day - up to $ 408.64. As a result, the company's capitalization reached $ 251.31 billion. Intel papers rose 0.5% to $ 58.61. As a result, the market value of the chip maker rose to $ 248.16 billion, according to FactSet. Nvidia's stock price...

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 by a private consortium. "The Ministry of Energy instructed Pemex and Talos Energy Offshore to merge the border section at the Zama field. For the first time in the country's history, the state and private...