The decline from the ongoing coronavirus epidemic spread across the Globe is severely affecting the travel and tourism industry. On Friday, Australian travel agencies have issued profit warnings, and Japanese transporters are limiting their capacity. Meanwhile, U.S. airlines has hurried to slash expeditions to Europe as a result of the latest travel restrictions. U.S. tourism […]

When it comes to business, geological situations like trade war can be more effective than anything else. Huawei is that tech giant company which faced lots of backlash from the Trump government for using their phones to spy on people. Huawei has managed to get ahead if the US-based tech companies when it comes to […]

Leslie H Wexner is likely to step down as the CEO of L Brands amid reports that the brand is planning to sell control of Victoria’s Secret for USD 1.1 billion. Private equity firm Sycamore Partners is reportedly in talks to buy 55 per cent of Victoria’s Secret. According to people with knowledge of the […]

Electric Vehicle manufacturer Tesla has announced that it is recalling around 15,000 Model X SUVs citing power steering issues. The issue could make steering harder because of a loss of power steering and increases the risk of an accident. The National Highway Traffic Safety Administration (NHTSA) has stated that aluminum bolts attaching the gear housing […]

Charles Ghosn is the former founder and chairman of Nissan automobile company, but an essential thing that every media house showed is how did he get out of Japan secretly. Ghosn, who was in custody of two US officials in Japan and was about to face jurisdiction, escaped secretly. Reports show he smuggled out of […]

The retail giant Pier 1 Imports that is famous for importing and selling furniture plus related stuff is planning to close down many outs stores nationwide. Texas-based furniture retail company Pier 1 announced that they are expecting to close 450 stores during this year as part of reconstructing plan. The company is not making any […]

Although consumers have many options to pay for several streaming video services. There are still thousands of people willing to pay for services like Netflix & Disney. Last weekend, the U.S. Department of Justice declared the appeal of ​​two programmers accused of operating several illegal streaming websites. According to the Department of Justice, the site […]

Amazon is unarguably one of the top tech companies in the world, but recently it lost cloud computing JEDI contract to Microsoft. Amazon said the deal of cloud computing JEDI was given to Microsoft because of biased reasons, and that’s why they have filed a lawsuit against the Department of Defence. Cloud computing JEDI contract, […]

St. John Properties provided a $ 10 million bonuses for its 198 employees on the day of the annual holiday party on Dec. 7. This company is a commercial real estate company. “The bonus is given based on years of service. It doesn’t matter about a person’s position in the company”. This statement is provided […]

Amazon is making new developments in the chip manufacturing segment. After the successful launch of the first generation of processors named “Gravitron,” the second generation of processors is expected to be at least 20% faster than their predecessor. The technology that the first generation used in their chip was “Cortex A72.” The newer version is […]

When it’s the festive season, big companies like Walmart, Amazon try to make a significant amount of money since people love to spend their money on their favorite goods. Right now, everyone is looking forward to grabbing the best Black Friday deals, but that also means there is going to be challenged in front of […]

When it’s Thanksgiving, everyone expects to use social media platforms like Facebook and Instagram to send and receive messages from their loved ones. However, during this year’s Thanksgiving, Facebook and Instagram slowed down, and many users couldn’t open messages or surf the site because of the overload of traffic. Recently Facebook spokesperson released an official […]

Volvo is among one of the first automakers who have expressed their desire to do something to reduce carbon emission. In this series, the Swedish carmaker has unveiled its first all-electric car. Dubbed as the XC40 Recharge, is a battery-powered version of its small SUV XC40. The car was launched in California, one of the […]

United Airlines Inc has announced its profit forecast for the second straight quarter this year as travel demand continues to rise. A significant fall in fuel prices in the late summer has also been a catalyst for American carrier’s boosting profit. The carrier has released its revenue forecast for 2019, which is likely to go […]

Stocks in Asia diversified on Wednesday among rising uncertainty over the top trade discussions between the U.S.A and China due to begin later this week. Chinese stocks improved from a previous slip to grow on the day, with the Shanghai combination up 0.40% to around 2,925 and Shenzhen component totaling 0.35% to 9,507. The Shenzhen […]

A Chinese farmer has brought up one giant pig weighing 500 kg. The animal is a part of a fleet that is being raised to become a large swine. Pang Cong is the owner of the farm residing in the capital of the Guangxi province, Nanning. He said they intend to have a large polar […]

Microsoft has filed a new patent for a floor mat that will assist you while exploring new worlds in virtual reality. It seems like the American tech giant is functioning on a VR mat. The latest discovery will save you from crashing into a table or furniture while you are apparently blind by a VR […]

Thomas Cook, Britain’s most recognized travel agency is becoming one of the country’s ultimate corporate disasters. On Monday, the company left around 150,000 vacationers stuck on foreign land. This incident has put roughly 21,000 jobs at risk. This incident also provoked calls for an examination of its management. 150 years of popular tourism is being […]

Hundreds of thousands of travelers have been left stranded after the world’s oldest tour company Thomas Cook abruptly declared bankruptcy. The announcement comes as a shock for vacationers as many of them were still in the air when the company announced that it’s going out of the business. The airline has stopped operating flights and […]

After a slew of staff leave WeWork, a shared-workspace startup, in recent months, the board members and large investors are discussing ways to oust the company’s co-founder and controversial chief executive Adam Neumann. They want 40 years old Neumann to take a chairman role as investors want to take the spotlight off his unconventional management […]