Proof of a rising foreign presence in India’s fast-growing online entertainment business is the drama series Inside Edge, launched by Amazon to rave reviews in June. In the hope of capitalising on the explosive recent growth in smartphone penetration and… Read More ›
Day: September 8, 2017
Symantec Warns US, European Energy Sector, Targeted And Entered By Hackers
In a cyber espionage campaign that has in some cases successfully broken into the core systems that control the companies’ operations, technologically advanced hackers have targeted United States and European energy companies, according to researchers at the security firm Symantec…. Read More ›
Schlumberger NV betting big money on oil and gas projects
Its new business model involves the company in decision making capacptity throughout the oilfield management supply chain, thus sparking interest in its rivals who are wondering whether to follow suit. In a significant development, Schlumberger NV, the world’s largest oilfield… Read More ›
A strong Euro could complicate matters for the European Central Bank
Despite the ECB’s concerns, the Eurozone’s economic performance has been stellar this year – its best since the end of the financial crisis. In the wake of the European Central Bank’s policy meeting providing short term optimism to the euro,… Read More ›
The largest pension fund in the U.S. is looking to outsource its private equity business to BlackRock
The move could potentially minimize the high fees that CalPERS pays to its asset manager for managing its private equity and boost the return of its investments. According to a source familiar with the matter at hand, Incidentally, California Public… Read More ›