Due to the emergence of a number of insurance technology (insurtech) start-ups, according to a report, insurance firms are facing increasing competitive pressure on all fronts. The sector is being forced to rethink its model with the integration of technologies… Read More ›
Day: September 13, 2017
To Diversify Assets Amid Gulf Crisis, Qatar Fund Plans U.S. Deals
The diplomatic standoff between Qatar and its Gulf neighbors entered its third month. And amidst this unresolved crisis Qatar is seeing to further diversify its assets and has planned to induce more U.S. investments to achieve this. Qatar’s windfall gains… Read More ›
Apple could make history as the first listed company to hit the $1 trillion market cap milestone
If you are wondering why Apple’s share has been the darling of investors, including Warren Buffet, this is an eye opener and makes a fascinating read. On the day Apple launched its newest flagship, the value of its stock price… Read More ›
Brian Acton, co-founder of WhatsApp will be leaving Facebook
Acton co-founded WhatsApp with Ukrainian immigrant Jan Koum in 2009. The company was acquired by FB in 2014 for $19 billion. Facebook announced in a post that Brian Acton, who co-founded WhatsApp, will be leaving the messaging service company in… Read More ›
Malaysia Airlines places orders for 16 passenger aircrafts from Boeing
The purchase announcement was timed with Malaysian Prime Minister Najib Razak’s meeting U.S. President Donald Trump at the White House. On Wednesday Boeing stated it has signed a memorandum of understanding (MOU) with Malaysia Airlines to sell eight widebody 787… Read More ›