Paving the way for a sharp drop in launch costs that is a key part of its long-term plan to carry passengers to Mars, SpaceX became the first space company to use a recycled rocket to send a payload into… Read More ›
Month: March 2017
Going Beyond Oil Is Necessary To Unlock Saudi Arabia’s Treasures
Saudi Arabia actually has much more than its oil sector to offer investors and as investment banks and global stock exchanges salivate at the prospect of the expected largest IPO ever, even though the Saudi Aramco may have become the… Read More ›
Silver Lake Partners and Broadcom offer $17.9 billion for stake at Toshiba’s flash memory unit
The Nikkei has reported that bidders will be asked to disclose whether they will be reselling their stake in the near future. The acceptance of their bids will depend on their answer. Japan’s business daily has reported today, that U.S…. Read More ›
Lockheed Martin receives $1.6 billion contract from Pentagon
The order-dependent contract is for Counter Fire Target Acquisition Radar System. he Pentagon has disclosed that Lockheed Martin Corp has been awarded a $1.6 billion order-dependent contract for providing the Counter Fire Target Acquisition Radar System.
SpaceX reusable rocket boosters to cut costs by at least 30%
The development is an important milestone that underscores humanity’s strive to being a space-faring civilisation. In a development that is significant for Elon Musk’s space venture, a SpaceX Falcon 9 rocket which having accomplished its mission was recovered at sea,… Read More ›
Next Week, China’s Xi To Meet Trump In Florida
China’s Foreign Ministry said on Thursday in its first official confirmation of the highly anticipated summit that Chinese President Xi Jinping will travel to the United States to meet President Donald Trump at his Mar-a-Lago retreat in Florida on April 6-7. The two sides… Read More ›
With Brussels Warning London Don’t Blackmail Us, Brexit Gets Off To A Shaky Start
To make sure Britain has an orderly exit from the European Union, officials in London and Brussels are racing against a two-year deadline. But tensions are running high. While officials in Brussels are receiving negotiation guidelines from the remaining 27… Read More ›
Scottish demand for independence tied to access to EU’s single market bloc
Failure to deliver favourable terms for trade is likely to fuel demand for Scotland’s independence from UK. As per the results of a poll survey, Brexit may not fuel Scottish demand for independence since Scots prefer similar outcomes, like Britons… Read More ›
Brexit reversible: European Parliament
For Brexit to be Brexit, Britain will have to first settle its bills, cross guarantee citizen’s rights, and accept the European Court of Justice as the final authority in all legal matters till it exits the bloc. With British Prime… Read More ›
LSE commences buy-back of shares worth $248.74 million
Shares worth 100 million pounds will be bought back today. Following the collapse of its merger with Deutsche Boerse, the London Stock Exchange (LSE) is set to buyback 200 million pounds ($248.74 million) of its shares as it tries to… Read More ›
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