In the next few weeks, US Internet giant Amazon may introduce new types of products under private label, told sources familiar with the situation. For example, the retailer plans to sell food under brand Happy Belly. The product range will include nuts, tea, coffee and cooking oil. A variety of snacks will go under The Wickedly name, said a source close to the company. Another two brands, he...

According to Reuters’ informed sources, American entrepreneur and billionaire Warren Buffett's company Berkshire Hathaway will apply to purchase online assets of Yahoo! Buffets wants to incorporate the media company in his consortium. According to sources, Mr. Buffett is willing to provide financing to investors, if Yahoo! assets transaction is held. Citing informed sources, Reuters agency...

Apple is investing in China's largest online taxi service Didi. The investment’s size will amount to $ 1 billion. Didi is one of the fastest growing Chinese technology startups. According to experts, by devoting the money, Apple hopes to strengthen its position in the Chinese market, one of the most important for the corporation. American Apple Inc. reported that it is going to invest $ 1 billion...

Nissan Motors buys 34% stake in Mitsubishi Motors for $ 2.2 billion, or ¥ 237 billion. "Purchase of such a large package will make Nissan the largest shareholder of Mitsubishi, - said Carlos Ghosn, President and CEO of Renault and Nissan. – The companies that have collaborated for the last five years, will continue to cooperate in the development of joint platforms, technology exchange and joint...

Almost a year ago, oil rebounded strongly after the fall at the beginning of 2015 summer. Within three months, it was trading at around $ 60. US then resumed production once again, which ended with falling to 13-year lows in February. At this point, there was a rebound, comparable to last year's level. Experts reassured that further fall in prices would not happen. However, unlike last year,...

Last night, the world's largest producer of electric cars Tesla Motors released its report for the first quarter. The company’s losses compared to the first quarter of last year rose to $ 282 million, but fell short of analysts' forecasts. At the time, the revenue increased by almost 20% and the number of orders for new models has accelerated markedly. Tesla’s quotations after the report’s...

Taiwanese manufacturer of computers and accessories - ASUSTeK Computer – came up to be the leader in the gaming laptop market. According to insiders, ASUS has sold about 90 thousand gaming laptop in February 2016, which is twice more than that figure of the company’s closest pursuer Chinese Lenovo. The latter managed to encash 40 thousand laptops of this class for the specified period. The...

Boston Consulting Group has a tradition to publish annual rankings of best companies in terms of added value based on the total shareholder return (TSR) for the preceding five-year period. The 2016 rating is based on the TSR analysis of about 2 thousand companies around the world from 2011 to 2015. TSR shows income in the form of increase in share price and dividend payments for a certain...

US court has ordered Johnson & Johnson to pay $ 55 million to a woman with ovarian cancer. She states that she suffered from the use of the company's products. In the US, the jury compelled Johnson & Johnson to reimburse $ 55 million to a woman. She claimed that use of the company’s talc caused ovarian cancer.  The court in Missouri took such a decision after a three-week trial....