Tag: COVID-19 Pandemic

Technology Stocks

Cisco Systems Inc. (NASDAQ:CSCO) Expands AppDynamics Business Observability Platform To Five New Regions

Cisco Systems Inc. (NASDAQ:CSCO) has announced expanding the AppDynamics solution to five new locations enabling secure, fast, and reliable access to the AppDynamics Business Observability platform. With the expansion, the number of Cusco AppDynamics locations is now nine. AppDynamics has five new locations. The new locations in South Africa, Hong […]

Technology Stocks

Coca-Cola Co. (NYSE:KO) Mulling Sale Or IPO of Its Holdings In Coca-Cola Beverage Africa

Coca-Cola Co. (NYSE:KO) is considering options for its Africa bottling unit, which includes an initial public offering, or sale, according to sources. The IPO or sale values the business at $6 billion, but this could change depending on potential buyers’ interest level. Coca-Cola to sell holdings in Africa bottling business […]

Technology Stocks

Salesforce.com Inc. (NYSE:CRM) Makes First Investment In India Through $15 Million Investment In Darwinbox

Salesforce.com Inc. (NYSE:CRM) has invested in Indian startup Darwinbox. Darwinbox is a human resource software developer serving most of Asia’s largest tech start-ups. Salesforce invests $15 million in Darwinbox This is the first investment the customer relations management company is making in India and the only one in Asia besides […]

Business

Ford Motor Company (NYSE:F) Halts Production At Saarloisi Plant Due To Semiconductor shortage

Ford Motor Company (NYSE:F) has halted production at one of its German plants which is a sign that the global computer chips shortage is putting pressure on vehicle manufacturers and threatening recovery from the COVID-19 pandemic.  Ford halts production at Saarlousi factory  The company indicated that it will idle the […]

Business

COVID-19 Pandemic Impacts Visa (NYSE:V) MasterCard (NYSE:MA), And American Express’ (NYSE:AXP) Profits With Weak Cross-Border Spending

Profits of credit card companies Visa Inc. (NYSE:V), MasterCard Inc. (NYSE:MA), and American Express (NYSE:AXP) have been greatly affected by the pandemic as global travel came to a halt. Pandemic impacted profits of credit card companies In the most recent quarter, the companies reported a double-digit drop in their bottom […]