Debates and discussions are on in Switzerland about giving its people $2,500 a month for doing nothing. A vote that would decide whether the government should replace the various welfare benefits with the introduction of an unconditional basic income is… Read More ›
To ensure that the continent of Europe can benefit from new data-driven technologies, a call for the removal of barriers to the free flow of data both within and outside the 28-nation bloc was given by nearly half of the… Read More ›
Samsung adopts new strategy to ride-over slowdown in the smartphone market. In order to check the slide in the smartphone market, Samsung electronics has taken the strategic decision to revise its production model and break from its current practice of… Read More ›
With its oil exports taking hard hits due to sanctions, it is now determined to boost its oil production to pre-sanction levels. As per Rokneddin Javadi, Iran’s Deputy Oil Minister, the country has no plans to freeze its oil production… Read More ›
Weakening oil prices could act as a break for the placement of orders of new aircrafts. As per a report that appeared yesterday in Barron, a financial news weekly, Boeing stock is vulnerable to fall as much as 15% from… Read More ›
Due to its shareholding structure, if VW’s preferential shareholders are denied a dividend payment for two years in a row, their shares will gain voting power thus in turn would diluted of other shareholders, in this case Lower Saxony. A… Read More ›
The new strategy will be unveiled in mid-June this year. According to excerpts of a speech yet to be given by Volkswagen’s CEO Matthias Mueller, Europe largest auto manufacturer is set to announce a new strategy in mid-June. Volkswagen has… Read More ›
With this move Sumner Redstone’s daughter Shari Redstone will have more sway over the remaining board members. As per two sources who are familiar with the matter at hand, Sumner Redstone, media mogul, has removed Philippe Dauman, Viacom’s CEO and… Read More ›
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