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Shadow

Category: Business

Electric bicycle-sharing firm Jump to be bought by Uber
Business 

Electric bicycle-sharing firm Jump to be bought by Uber

April 10, 2018 by Aruna Bhayana

Uber clients around the globe may soon have the capacity to procure electric bikes through the application, after the ride-sharing firm got US bicycle employ firm Jump. Situated in New York, Jump enables riders to lease electric-fueled “pedal assist” bicycles by means…

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Over 36.8 million jobs created by Alibaba in 2017
Business 

Over 36.8 million jobs created by Alibaba in 2017

April 9, 2018 by Aruna Bhayana

Chinese online business goliath Alibaba made more than 36.8 million occupations in 2017 by means of its far reaching retail biological community, a report appeared. The organization’s different internet business stages like Tmall and Taobao, which cover more than 500 million shoppers,…

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SAC denies bid for Air India
Business 

SAC denies bid for Air India

April 9, 2018 by Aruna Bhayana

Avionics consultancy firm Swiss Aviation Consulting (SAC) on Monday denied it has communicated enthusiasm for purchasing the obligation loaded state-run bearer Air India. SAC has never communicated enthusiasm for procuring Air India or parts of it or has gone about as a…

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Martin Sorrell, CEO of WPP faces misconduct investigation
Business 

Martin Sorrell, CEO of WPP faces misconduct investigation

April 4, 2018 by Aruna Bhayana

WPP is investigating an allegation of personal misconduct against its CEO Sir Martin Sorrell. The world’s biggest advertising organization said its board had selected autonomous insight to lead the investigation. “The allegations do not involve amounts which are material to WPP,” a…

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System failure results in the delay of half of European flights
Business Technology 

System failure results in the delay of half of European flights

April 3, 2018 by Aadyot Basu

The association in charge of coordinating European air traffic says it has fixed a previous issue which prompted to flight delays. Eurocontrol prior said that delays could influence up to half of all flights in Europe – around 15,000 trips. It said…

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Shares of Tesla go higher after Model 3 production boost 3 April 2018
Auto Business 

Shares of Tesla go higher after Model 3 production boost 3 April 2018

April 3, 2018 by Aadyot Basu

Shares in electric auto firm Tesla have ascended after it reported a lift in production of its less expensive Model 3 autos in the first quarter. The firm said it had “by far the most productive quarter in Tesla history” after it…

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Huawei posts 28% jump in profits
Business 

Huawei posts 28% jump in profits

April 1, 2018 by Aruna Bhayana

China’s Huawei Technologies, the world’s 3rd biggest cell phone creator, posted a 28% ascent in 2017 net benefit, driven by cost controls and a strong execution in its home market. Shenzhen-based Huawei saw 2017 net benefit ascending to $7.3 billion, a major…

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iQiyi’s shares dip in US stock debut
Business 

iQiyi’s shares dip in US stock debut

March 31, 2018 by Aruna Bhayana

Chinese video streaming service iQiyi – called China’s Netflix – made a rocky US stock market debut as it propelled on the Nasdaq. Shares opened marginally in front of the $18 posting cost, before rapidly falling back and shutting down 14%. Be…

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Reckitt Benckiser boss takes a pay cut for the second time
Business 

Reckitt Benckiser boss takes a pay cut for the second time

March 29, 2018 by Aruna Bhayana

Reckitt Benckiser, the producer of Durex condoms and Gaviscon, has cut its CEO’s compensation package for the second time in two years. Rakesh Kapoor got a total pay of £12.5m in 2017, down from £15.3m in 2016, after the firm failed to…

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Shares of Shire jump after Takeda confirms bid interest
Business 

Shares of Shire jump after Takeda confirms bid interest

March 28, 2018 by Aruna Bhayana

Takeda, Japan’s biggest drugs firm by sales, has said it is thinking about a conceivable offer for the UK’s Shire. The Takeda declaration sent offers in the UK pharmaceuticals organization up as much as 25% in morning exchanging. Enormous drugs names have…

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