Coca-Cola Co. (NYSE:KO) will sell 20% of its stake in the South African bottling unit to local non-white investors for around $669 million following an agreement with regulators according to sources familiar with the issue. Coca-Cola South Africa to increase black...
Amazon.com Inc. (NASDAQ:AMZN) warehouse workers in Alabama have been allowed to vote to unionize, according to the National Labour Relations Board (NLRB). The NLRB rejected the e-commerce giant’s request to delay the vote expected to commence on February 8,...
Ford Motor Co. (NYSE:F) has said that it will start producing its iconic Mustang Mach-E in China later this year as it looks to tap into the burgeoning Chinese electric vehicle market. Ford to produce Mustang Mach-E in china The Mustang Mach-E is the company’s...
Tesla Inc. (NASDAQ:TSLA) has released its latest quarter earnings report in which results indicate that the energy storage and solar businesses are starting to pay off. Energy storage and solar installation businesses growing In the fourth quarter, the storage...
MasterCard Inc. (NYSE:MA) and Visa Inc. (NYSE:V) saw their Q4 revenue top analyst’s estimates following a pickup in online spending over the holidays, which helped compensate for the slump in overseas travel due to the pandemic. MasterCard and Visa top analysts’...
Google, a subsidiary of Alphabet Inc (NASDAQ:GOOGL), threatened to stop its search engine in Australia if the nation goes ahead with its proposal to pay for the links to content. The company says its advertising services are helping the businesses to connect with the...