Category: Business

Salesforce.com Inc (CRM.N), Amgen Inc (AMGN.O) and Honeywell International Inc (HON.N) will become a part of the blue-chip Dow Jones Industrial Average index .DJIA on Aug. 31, S&P Dow Jones Indices said on Monday. The three companies will replace Exxon Mobil Corp (XOM.N), Pfizer Inc (PFE.N) and Raytheon Technologies Corp RTX.N. The changes follow Apple […]

The potential loss of his life’s work has kept Vince Bernard up at night, worried about whether he would be able to save his citrus farm. At Bernard Ranches in Riverside, California, the citrus grower saw more than 3,000 boxes of oranges rot when the coronavirus pandemic forced schools and restaurants to close in March. […]

Germany’s motor vehicle authority KBA is investigating Volkswagen’s (VOWG_p.DE) luxury sports vehicles unit Porsche AG over the suspected manipulation of petrol engines to achieve improved emissions data. A KBA spokesman said on Monday the investigation involved petrol engines that Porsche produced for the European market before 2017. Porsche had confirmed a newspaper report on Sunday […]

Video-conferencing company Zoom Video Communications Inc (ZM.O) said on Monday it had restored service to its U.S. users after a partial outage left many unable to log in to work meetings or attend school classes remotely. The San Jose, California-based company has experienced a surge in usage during the coronavirus pandemic, as millions of people […]

Britain’s largest supermarket Tesco on Monday said it will create an additional 16,000 permanent jobs to support the exceptional growth in its online business and may even increase the number of roles as the lockdown boosted its sales. “The supermarket expects the majority of these roles to be filled by colleagues who joined on a […]

Israeli shipping company Zim is considering an initial public offering on a foreign exchange, Israeli news website Globes reported on Monday. A Zim spokesman said the company was not commenting. Two options being examined are to hold the offering in London or New York, according to Globes, a financial news website, which did not cite […]

Britain’s finance ministry denied a report that it planned to drop a tax on technology companies such as Facebook and Google. Britain introduced the digital services tax in April after slow progress in global negotiations over how to tax tech giants, many of which are U.S. companies. The Mail on Sunday newspaper reported that finance […]