Deductions from one fund manager’s big-data analysis have concluded that Marine Le Pen is on course to be the next president of France. he expected the right-wing populist to prevail thanks to his firm’s proprietary artificial intelligence (AI) system’s analysis… Read More ›
Month: February 2017
Amid Populist Surge, Caution Being Adopted on Equities by World’s Richest
According to Christian Nolting, chief investment officer at Deutsche Bank AG’s wealth management unit, rich investors are shunning equities because of concerns about the political impact from Donald Trump’s administration and Brexit. “People are still cautious; there is still demand for… Read More ›
Japan’s Economy Loosing Out Billions Due to Lack of Sleep of Workers
The world’s third-largest economy is being held back by an unusual source and it is has nothing to do with economics. A recent study by the government shows that apart from making people grumpy and unhealthy, sleep deprivation is doing… Read More ›
Mexico Recruits US Tech As Trade Screws Tighten
In what is the latest cross-border recruitment effort to respond to U.S. immigration policy and with the message that it’s a great place for high tech, the governor of Mexico’s state of Jalisco is visiting more than 40 U.S. tech… Read More ›
SoftBank acquires Fortress for $3.3 billion
The acquisition of an alternative investment heavyweight such as Fortress assumes significance since it signifies a widening of SoftBank’s portfolio, which has typically catered to the technology and telecom sector. With the SoftBank Group Corp preparing to launch the world’s biggest… Read More ›
Wal-Mart closes in on Amazon.com with its acquisition of Moosejaw for $51 million
Under the leadership of CEO Doug McMillon and e-commerce chief Marc Lore, Wal-Mart is steadily closing the gap with rival Amazon.com Inc. With Wal-Mart Stores Inc working strategically to gain the upper hand against the world’s biggest online retailer, it… Read More ›
France, Germany Netherlands vulnerable to election hacking: former U.S. official Justice Department
The U.S. intelligence community has repeatedly pointed a finger at Russia for having influenced the 2016 U.S. Presidential elections and have called for a more proactive and assertive stance. As per a former official from the U.S. Justice Department who… Read More ›
Fortress Investment to be Bought for $3.3 Billion in Cash by SoftBank
U.S.-based private equity and asset management firm Fortress Investment Group would be bought over by Japanese Internet and telecommunication giant SoftBank Group for about $3.3 billion in cash, the Japanese group has announced.. SoftBank is better known for its typical investments into technology… Read More ›
As Space War Intensifies, India Completes Record Satellite Launch
As the Indian space program looks to cement its position as the dominant destination for low-cost launches, the country’s primary space agency, ISRO, put 104 satellites into orbit on Wednesday, the most in history. When it took off at 9:28… Read More ›
Test for Central Banks and Markets to be Presented by Reawakened Global Inflation
Inflation numbers are a key market focus for global central banks who have been battling to ward off deflation and have spent trillions of dollars in the years since the financial crisis. And with mounting signs, their efforts seem now… Read More ›