Capital expenditures and the rate of hiring are set to slowdown in the wake of Britain choosing to leave the European Union. According to a survey done on Britain’s biggest companies, their future is beset by doubts over Britain choosing… Read More ›
Month: July 2016
In the wake of Brexit ECB’s Draghi urges increased government spending
With high unemployment in the Eurozone, especially EU countries must significantly boost their individual government spending which is likely to mitigate the risks of resentment towards the EU project. Mario Draghi, the European Central Bank’s President is likely to plead… Read More ›
New Zealander Becomes the First Full-time Pokemon Hunter, Quits Job for Game
Amidst the global craze surrounding the Pokemon Go, a New Zealander has become the first individual to become a full time Pokemon player. Quitting his job, New Zealander Tom Currie has become a full time hunter of Pokemon. Describing his now… Read More ›
‘Pokemon Go’ can be Used to Help you Sell Your House
Despite adding a redesigned roof deck might help draw potential buyers to the open house at his $1.5 million listing, real estate agent Jay Glazer near Manhattan’s Washington Square Park decided to add this line to the sale advertisement for… Read More ›
Xerox rejects RR Donnelley’s bid
This only provides room for more potential bidders. According to the Wall Street Journal, Xerox Corps has rejected RR Donnelley & Sons Co’s bid to merge its document business with their financial printing. Ever since Xerox announced its plans to… Read More ›
Samsung strategically invests in BYD
The quantum of investment has yet to be known. The deal could boost the revenues of its affiliate Samsung SDI. Samsung Electronics, the South Korean electronics giant has disclosed that it has agreed to acquire a stake in BYD, a… Read More ›
2nd U.S. Circuit Court of Appeals in Manhattan passes landmark ruling favouring Microsoft
The ruling provides further clarity into the scope of the Stored Communication Act, 1986 based on which search and seizure warrants are issued in the U.S. In a ruling that could set a major precedent, a federal appeals court has… Read More ›
Better Idea of post Brexit Scenario Emerges with Change of Guard in Britain
A clearer picture has emerged of what the negotiations between the European Union and the U.K. could look like and what a so-called could Brexit mean for the country after fresh new faces arrived at the nucleus of British politics…. Read More ›
Most Oil Since 2009 Amassed by North Sea Fleet as Traders Hoard
In what is being described as the latest sign of faltering demand that has triggered the biggest build up of stockpiles at sea since 2009, oil traders increased the fleet of ships deployed in the North Sea to store crude…. Read More ›
GM’s liabilities could snowball from an onslaught of lawsuits
The ruling by the 2nd U.S. Circuit Court of Appeals is likely to open the gates to more lawsuits arising out of its faulty ignition switch. A federal appeals court has ruled in General Motor’s case that its filing of… Read More ›