Given the equation AT&T has with the FCC, avoiding overbearing scrutiny may result in scuttling the deal. Turns out WPCH-TV could play a key role in this proposed merger. As per analysts, if AT&T were to divest its stake in… Read More ›
Month: October 2016
Chinese recalls IoT enabled products after last Friday’s DOS attack
Hangzhou Xiongmai Technology has issued a recall for only some of its products manufactured before April 2015. With security researchers having identified the devices through which hackers conducted their attack last Friday, a Chinese company, Hangzhou Xiongmai Technology Co Ltd… Read More ›
Banks harness blockchain tech to unveil world’s 1st international payment
Eager to reduce costs, 70 of the world’s leading banks have got together to create a group, R3, which researched the benefits of blockchain technology and brought about “smart contracts”. In a development that has all the hallmarks of history… Read More ›
As Currency Shortage Spreads in Egypt, Tea Drinkers Forfeit Sugar
Grocery stores in Cairo’s bustling Dokki district on the banks of the Nile River were scourged extensively by Laila El-Sayed as she spent her entire afternoon looking got for just one thing – sugar. At a price that was twice… Read More ›
As Soon as Early Next Year, Leading Banks Set to Pull out of UK Following Brexit
Amid growing fears over the impending Brexit negotiations, while smaller banks are making plans to get out before Christmas., Britain’s biggest banks are preparing to relocate out of the UK in the first few months of 2017. Warning that “the… Read More ›
After Historic Saudi Sale, Bond Markets Stir Across Middle East
By fueling price gains and stoking speculation of more borrowers to come, Saudi Arabia’s record debut international bond sale is shifting the ground across Middle East debt markets. In the wake of the kingdom’s $17.5 billion transaction that was completed yesterday, the… Read More ›
Memory of 500,000,000,000% Inflation Stirred by New Zimbabwe Notes
Zimbabwe’s citizens, who fear a recurrence of the 500 billion percent inflation that plagued the southern African nation before it abandoned its dollar seven years ago, is giving a hostile reception to the tentative return to its own currency. Central… Read More ›
Criticism Faced by JP Morgan on Valuation of Complex Bonds Sold by it
According to a study by a financial consulting firm that works with plaintiffs in securities litigation, JPMorgan Chase & Co. inflated the value of complex bonds it sold to individual investors, by 15 percent in one example. According to the study from… Read More ›
Info of up to 3.25 Million Indian Debit Cards could have been Breached
Due to fears that the card data may have been stolen in one of India’s largest-ever cyber security incidents, a slew of banks in the country are replacing or asking their customers to change security codes of as many as… Read More ›
Wal-Mart invests $50 million in New Dada to tap the burgeoning Chinese online groceries market
New Dada has a joint venture with JD.com, in which Wal-Mart has a stake. Wal-Mart has realized that in order to survive and thrive in the Chinese market, local partners are key. In order to tap the world’s second largest… Read More ›
manageria.biz 