Coca-Cola ranked the most powerful brand in U.S., as per the BSI score

The Coca-Cola Company, an American multinational beverage corporation, has reportedly secured a Brand Strength Index (BSI) score of 93.3 out of 100, making it the strongest brand in the USA, according to a TradingPlatforms.com analysis of t....

FDA to order Juul Labs to pull its e-cigarettes from the United States

The U.S. FDA (Food and Drug Administration) is reportedly planning to instruct Juul Labs Inc. to stop supplying its e-cigarettes in the country. Shares of Altira, which owns a 35% stake in Juul Labs, fell to 8.5% after the latest developmen....

EU vows USD 630 Mn aid to vulnerable countries amidst Ukraine-conflict

The European Union has reportedly pledged USD 630 million to support weaker nations to tackle food scarcity that was made worse by Russia's assault on Ukraine. The funds include USD 368 million in aid to increase long-term sustainable f....

Ericsson predicts 5G mobile subscriptions to surpass 1 billion in 2022

Swedish telecom and networking giant Telefonaktiebolaget LM Ericsson has reportedly predicted that by 2022 there will be over 1 billion 5G mobile subscriptions worldwide, primarily ascribed to the mounting adoption of the technology by Nort....

E-comm to offer USD 8 Bn opportunity for digital ads in India: Report

According to a recent study, e-commerce platforms are currently India's fastest-growing digital advertising medium and are expected to offer around USD 8 billion worth of opportunities by 2030. Roughly 300-350 million new online custome....

Germany to increase gas storage levels to prepare for upcoming winters

Germany has revealed new measures to increase gas storage levels ahead of the upcoming winter when it anticipates that Russia may restrict or even stop the whole supply. The country, which depends on Moscow for most of its gas supply, is at....

U.K. seeking USD 935 million in damages from Apple for unfair practices

Apple Inc. is reportedly facing a class-action lawsuit in the United Kingdom, which is seeking USD 938 million in damages, accusing the tech giant of mishandling its market dominance. Justin Gutmann, a consumer rights activist, is leadin....

U.K. seeking USD 935 million in damages from Apple for unfair practices

Apple Inc. is reportedly facing a class-action lawsuit in the United Kingdom, which is seeking USD 938 million in damages, accusing the tech giant of mishandling its market dominance. Justin Gutmann, a consumer rights activist, is leadin....

Adidas takes Nike Inc. to court over shoe and app patent infringement

German apparel giant Adidas AG has reportedly filed a complaint against its American rival Nike Inc., alleging that the sportswear giant infringed on nine of its patents in terms of customizable shoe technology and smartphone apps. The c....

Google, Twitter, Facebook compelled to tackle deepfakes or face fines

Credible sources have claimed that Facebook Inc., Twitter Inc., and Google LLC have been forced to address deepfakes and fake accounts on their platforms or pay heavy fines as per the updated mandate from the European Union (EU). For tho....