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Lyft Begins Service in Canada Its First International Venture

Lyft Begins Service in Canada Its First International Venture

U.S. based Lyft Inc. the ride-hailing company launched on Tuesday its service north of the border in Toronto, marking its first venture outside the U.S. in its battle against Uber Technologies. Lyft prides itself on being a friendlier version of its biggest competitor Uber, which currently is facing several investigations […]

Amazon.Com, Inc. (NASDAQ:AMZN) Plans To Hire Thousands Of People In One Day

Amazon.Com, Inc. (NASDAQ:AMZN) Plans To Hire Thousands Of People In One Day

Amazon.com, Inc. (NASDAQ:AMZN) is planning to unveil thousands of job opportunities to people in just one day. The company announced its plans recently as it prepares to hold a huge job fair in the coming week at almost all its warehouses across the US. Amazon will be launching the job […]

Kazakhstan Assets Totaling $22 Billion Frozen by BNY Mellon

Kazakhstan Assets Totaling $22 Billion Frozen by BNY Mellon

The Bank of New York Mellon froze $22 billion in assets that the Kazakhstan National Fund holds due to a lawsuit that was launched by Anatolie Stati a Moldovan businessman and his businesses against the government of Kazakhstan, said a source familiar with this case. The National Bank in turn […]

Aldi And Instacart Join Hands To Fend Off Amazon.Com, Inc. (NASDAQ:AMZN)

Aldi And Instacart Join Hands To Fend Off Amazon.Com, Inc. (NASDAQ:AMZN)

Aldi, a German-based grocery chain, has revealed that it will be partnering with Instacart with a view to delivering grocery products in three cities in the United States. The pilot project will be launched in Dallas, Texas; Atlanta, Georgia and Los Angeles, California. More cities in the U.S. are likely […]

TIM Participacoes SA (ADR) (NYSE:TSU) Hopes To Accelerate Network Transformation

TIM Participacoes SA (ADR) (NYSE:TSU) Hopes To Accelerate Network Transformation

TIM Participacoes SA (ADR) (NYSE:TSU) together with Cisco Systems, Inc (NASDAQ:CSCO), it has unveiled a project that will most probably transform TIM’s Optical Packet Metro (OPM) network. This happens to be a form of infrastructure indicating major capabilities in both the collection and the aggregation of traffic .That is from […]

Vale SA (ADR) (NYSE:VALE) Signs $2 Billion Credit Line, Replacing 2013 Agreement

Vale SA (ADR) (NYSE:VALE) Signs $2 Billion Credit Line, Replacing 2013 Agreement

Vale SA (ADR) (NYSE:VALE), a mining company from Brazil has signed revolving $2 billion credit facility that will last for five years. The new deal will replace the five-year $2 billion credit facility that was signed in 2013. The company disclosed in its securities filing that the new credit facility […]

Venezuela Will No Longer Accept Payment for Oil in U.S. Dollars

Venezuela Will No Longer Accept Payment for Oil in U.S. Dollars

In Venezuela this week the government announced that it would no longer be accepting payments in U.S. dollars for the oil it sells. This is a huge shift from typical practices in the oil market. The government is believed to have decided that PDVSA, its national oil company will now […]

Bank of America Profit Hit by Tax Reform

Bank of America Profit Hit by Tax Reform

Bank of America said that a charge from the tax law that was just instituted in the U.S. caused its profit for the quarter to drop 48%, even as it ended 2017 by putting its crisis-era far behind it. The bank, based in Charlotte, North Carolina, posted on Wednesday profit […]

Nokia Oyj (ADR) (NYSE:NOK) Incorporates Zeiss Optics In Its New Smartphones

Nokia Oyj (ADR) (NYSE:NOK) Incorporates Zeiss Optics In Its New Smartphones

It has become almost impossible to distinguish one smartphone from the other globally in the current times considering that almost all of them look just the same. The question that a lot of people have been asking has been in regards to the particular features that one needs to go […]

A Proposed House Bill 1592 Seeks To Block Tesla Motors Inc (NASDAQ:TSLA) From Selling Cars Directly To Customers

A Proposed House Bill 1592 Seeks To Block Tesla Motors Inc (NASDAQ:TSLA) From Selling Cars Directly To Customers

Tesla Motors Inc (NASDAQ:TSLA) the electric car manufacturer does not use dealers to get to its customers. Instead, it sells directly to them. However, there is a looming speculation that this is likely to stop within the next three years if a proposed legislation, which was discussed for hours on […]