Markets

Mexico Temporarily Halts Production of Corona Beer In the Country

Beer producing firm in Mexico Grupo Modelo has announced temporary suspension from production of Corona beer among other brands as well. This means the company will be temporary cutting out supply of beer to the 180 countries it supplies beer to. As many would be fast to conclude that the company ceased production due to […]

Disney+ Set to Premiere in North Africa and in the Middle East

Mass media and entertainment company Walt Disney Co. (DIS) has announced that they’ll be launching their Disney+ services in North Africa and the Middle East come April 9. The Disney+ content will be made available on regional pay television and online streaming service provider OSN which is based in the Middle East having its headquarters […]

Amazon Wooing Employees with Higher Pay to Pick and Pack Whole Food Groceries

World’s largest e-commerce company Amazon Inc. (AMZN) is wooing its employees who work in the warehouses with higher salaries to pick and pack whole food groceries amid coronavirus pandemic. Without a doubt, many employees have lost their jobs following this pandemic, others have been forced to go on a mandatory less paid leave or an […]

Facebook and Netflix to Relieve Network Congestion in India by Reducing Data Traffic

Social media guru Facebook Inc. (FB) and media services production company Netflix Inc. (NFLX) announced they will be reducing amount of data their services consumes in India so as to ease network congestion in the country. The companies claim to have taken this measure so as to reduce network congestion in the world’s second highest […]

Coronavirus Epidemic Pushing U.S Auto Dealers to Online Orders for Cars

Quarantines and lockdowns are new orders of the day brought about by outbreak of deadly coronavirus across the entire world. The automobile industry has been indeed greatly affected since moving of persons has been restricted due to quarantines and lockdowns. Individuals can no longer physically access showrooms and view cars, however, all is not lost […]

Eli Lilly And Co (NYSE:LLY) Unveils 2 Insulin Pens Selling At Half The Price Of The Branded Versions

Eli Lilly And Co (NYSE:LLY) has today announced that it would be lowering the price of two of its insulin pens. The change implies that it will be selling those pens at half the price it has been selling its branded versions. The pens and the pricing The company outlines that the two pens will […]

Alphabet Inc (NASDAQ:GOOGL) Enjoys Massive Support From Rivals In A Court Battle

Surprisingly, several Alphabet Inc (NASDAQ:GOOGL) rivals are taking sides with it in the court battle. Oracle Corporation (NYSE:ORCL) had moved to court wanting Google to be brought to account. The judge needs to decide. In this regard, it will be important to establish several things regarding the case. The most important is on whether or […]

Alphabet Inc (NASDAQ:GOOGL) Announces The Acquisition Of Pointy

Alphabet Inc (NASDAQ:GOOGL) has today pronounced its acquisition of a start-up known as Pointy. The business guru sees the move as a major step forward in the e-commerce world. It had some time back disclosed that it was targeting cooperating with brick-and-mortar retailers. Pointy and its success Pointy, which is situated in Ireland, has made […]

Amazon.com, Inc (NASDAQ:AMZN) Delays Microsoft Corporation (NASDAQ:MSFT) From Working On JEDI Contract

Amazon.com, Inc (NASDAQ:AMZN) was dissatisfied with the way Microsoft Corporation (NASDAQ:MSFT) was awarded the Joint Enterprise Defense Infrastructure (JEDI) contract. This time around, the giant retailer seeks to have the court block the rival company from working on the contract temporarily. This is a cloud computing contract for the military that is worth almost $10 […]