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Corporate news

‘Fight for 15’ protest shuts down McDonald’s HQ
The corporate office of McDonald’s in Oak Brook, Illinois was closed after thousands of workers and union activists marched on the building a day before the annual shareholder meeting. Protesters are demanding a $15 minimum wage for fast-food workers.

20.05.2015 18:04

Apple, Google and 140+ tech firms urge Obama not to give police 'backdoor' access to encrypted phone data
Apple, Google, and a host of other tech companies and cryptology experts have signed a letter sent to President Obama calling on his administration to stem any proposal that seeks to weaken encryption security to benefit policing agencies.

19.05.2015 16:30

Deutsche Bank prepares game plan for ‘Brexit’ scenario - media
Germany’s Deutsche Bank has reportedly formed a working group to assess the consequences of a possible UK exit from the European Union. Britain is expected to hold an in/out referendum after the Conservative victory in the 2015 general election.

19.05.2015 12:39

‘We must resist corporations’: Le Pen targets troubled TTIP deal in new campaign
Leader of France’s National Front party, Marine Le Pen, has launched a month-long blitz against the Transatlantic Trade and Investment Partnership (TTIP) – a proposed EU-US treaty, which has been criticized for secretiveness and lack of accountability.

18.05.2015 21:05

Fifth year Apple named most valuable brand, at $145bn
The Apple brand is now worth over $145 billion, topping Forbes’ list of the World’s Most Valuable Brands for 2015. The value is up 17 percent since last year, and worth twice any other brand. This is the fifth year the company has headed the list.

14.05.2015 12:11

Honda recalls further 4.9mn vehicles with Takata airbags as safety crisis grows
Honda has announced it would recall an additional 4.9 million cars worldwide with airbags made by Takata due to a potential safety hazard. The airbags are in all Honda vehicles and have led to at least six deaths in accidents in the US and Malaysia.

14.05.2015 10:18

Switzerland unveils its first driverless cars
A Swiss leading telecom provider has reported on the first test-drives of an autonomous car equipped with sensors, computers and special software. The car is being trialed around the streets of Zurich with two human passengers on board, Swisscom said.

12.05.2015 18:27

​Carlsberg net loss deepens 34%, hit by Russian beer market
Danish brewer Carlsberg reported an unexpected net loss of more than $13 million in the first quarter, saying the revenue from its key Russian market fell drastically due to unfavorable currency fluctuations.

12.05.2015 14:29

4 self-driving cars in California have been involved in accidents in recent months – report
Four out of the 48 licensed driverless cars in the state of California have been involved in minor traffic accidents since September, when they began legally traveling public streets. Google’s cars played a role in three of the accidents.

11.05.2015 18:42

​Tesla’s Powerwall battery beats expectations, likely to outpace e-cars
Tesla Motors has so far taken 38,000 reservations for its zero-carbon Powerwall home battery. Such high demand signals that revenue from the company’s new battery could soon outstrip that from its electric cars sales.

07.05.2015 12:36

​Smoking guns? UK tobacco giant blames ISIS for cigarette sales slump
Imperial Tobacco has blamed a slump in cigarette sales on regional instability caused by the Islamic State (IS, formerly ISIS/ISIL) in the Middle East.

06.05.2015 10:59

Panera to list artificial ingredients removed from its foods
Fast-food chain Panera says it will publicly list more than 150 artificial additives it has removed or will remove from its products in an “effort for food transparency.” Panera’s move is the latest amid similar initiatives by other fast food companies.

05.05.2015 18:27