Company News

BMW to discontinue hybrid i8 production by April 2020

BMW to discontinue hybrid i8 production by April 2020

In a recent press release, German automaker BMW has indicated that it will stop producing its i8 plug-in hybrid sports car from April 2020.

Co-working spaces company WeWork plans to go Public this year

Co-working spaces company WeWork plans to go Public this year

WeWork, the company that provides shared working places for freelancers, start-ups and large enterprises, is considering going public this year.

Strong Sales of Galaxy S7 and S7 Edge Pushes Second Quarter Profits for Samsung

Strong Sales of Galaxy S7 and S7 Edge Pushes Second Quarter Profits for Samsung

It is expected that, owing to its steady sales of Galaxy S7 and S7 Edge, Samsung Electronics is all set to surpass market expectations.

For the second quarter this year, the South Korean company is expected to post 8.1 trillion won or $7 billion in operating profits.

Gap reports a fall in sales in the fifth straight quarter

Gap reports a fall in sales in the fifth straight quarter

Clothing giant, Gap Inc has reported a fall in sales during the fifth straight quarter at a time when the company was expected to start recovery.

Square Reports Growth in Sales for the Fourth Quarter

Square Reports Growth in Sales for the Fourth Quarter

Jack Dorsey has been juggling between Square and Twitter being the chief executive of both the companies. Square is a mobile-payments company that went public recently public and Twitter, the social network is looking for new users and is struggling for some time to keep the ld users with it.

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