There are now signs of a potentially serious slowdown in Britain’s economy after a prolonged period of relatively benign economic numbers following last year’s vote to leave the European Union. From a widening trade deficit to lackluster manufacturing, they stretch… Read More ›
The area of operation for this contract agreement is Afghanistan. The Pentagon has disclosed that Leidos Innovation Corp, a unit of Leidos Holding Corp has been awarded a $727.7 million contract to provide support for the Afghan Air Force and… Read More ›
The price war in the retail groceries market is now set to intensify. With Amazon.com successfully navigating the landmine of antitrust scrutiny for it’s acquisition of Whole Foods Market Inc, the shares of rival groceries have started to tumble on… Read More ›
Midwestern states have become a magnet for data centers of tech companies in the state. Apple has disclosed that it will build a $1.375 billion data center in Waukee, Iowa and receive $207.8 million in incentives from the Iowa Economic… Read More ›
Britain said it wants have its rules on data protection accepted by the bloc after it leaves and wanted to co-operate with the European Union over data protection, it said on Thursday. In order to ensure the flow of information… Read More ›
Promoting economic prosperity and fostering diplomatic ties on a global scale is the aim of China’s mammoth, pan-Eurasian “Belt and Road” infrastructure initiative. That rhetoric comes with risks, and increasing levels of state-backed funding have raised concerns about just how… Read More ›
The success of Tesla as a company is now contingent on the success of the Model 3. Electric luxury carmaker Tesla Inc has disclosed that it would pay Jon McNeill, its global sales and service president $700,000 if he met… Read More ›
The likelihood of a deal taking place is higher at this time since GE has lowered its expected selling price to around $2 billion, from its earlier $3 billion plus. As per sources familiar with the matter at hand, GE… Read More ›
The company aims to utilise the freshly received funds to expand its footprint in the U.S. and in international markets. AutoFi Inc, a fintech startup that caters exclusively to the auto industry, has raised $10 million in a Series A… Read More ›
When blind spot alert or a lane departure warning system keeps you from steering into another vehicle the next time you are driving, count your blessings. The prevalent collision avoidance systems dramatically cut the number of accidents and injury-related crashes,… Read More ›
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