According to the group chief executive of the Middle East’s largest bank by assets, in comparison to the gas-rich state of Qatar that they are targeting, the Arab countries that have cut ties with Qatar may have more to lose from the spat. Qatar… Read More ›
Month: September 2017
Bain Capital will honor all contractual terms of Toshiba’s JV with Western Digital
This commitment is likely to significantly increase its chances of bagging the deal. The likelihood of Bain Capital bagging the rights to purchase Toshiba NAND memory chip business got better when it confirmed that it would honor “all the contractual… Read More ›
Uber’s usage of Greyball continues to haunt it
While a sweeping investigation by Portland officials has not resulted in any fines and/or penalties, a criminal investigation by the DoJ is still on. As per officials from the city of Portland, Oregon, a sweeping investigation into Uber Technologies Inc’s… Read More ›
North Korea’s ICBM flies over Japan and lands far out into the Pacific ocean
With this latest launch North Korea has demonstrated it has hydrogen bomb making capabilities as well as the vehicle to deliver them to its enemies. Since its every launch create a rumble in markets worldwide, are these provocations created for… Read More ›
As Hurricanes Hit U.S. Crop, Top Cotton Buyers Flock To India
After fierce storms in the United States, the biggest exporter of cotton, affected the size and quality of the crop, dealers in India said that the world’s top cotton buyers, all in Asia, are flocking to India to secure supplies…. Read More ›
While Illegal, An iPhone X Bought In U.S. Is Cheaper, Including Flight Fares
Thousands in Europe are eyeing-up transatlantic flights to see if it’s cheaper to fly across the pond to buy it because of the fact that the price of the new iPhone X is so high in Europe. But the catch is one… Read More ›
40 U.S. states join probe into Equifax’s hacking incident which exposed crucial data of almost every adult American
The state attorney generals of 40 states have joined the probe. Among the areas under scrutiny will be Equifax’s response to the hacking incident. In the wake of the massive hacking incident at Equifax Inc which resulted in the exposure… Read More ›
Kia Motors hires Pierre Leclercq as its lead designer
Leclercq has worked earlier for a Chinese company, and he knows the kind of designs the Chinese prefer. In a move aimed at reversing its fortunes in China, Kia Motors Corp has hired former BMW designer Pierre Leclercq as head… Read More ›
Here’s why revisiting NAFTA and Trump’s “Buy American” agenda is likely to benefit Amazon.com
Amazon.com’s strategy fits snugly into Donald Trump’s vision of “Buy American” In a significant development, Amazon.com Inc, the world’s biggest online retailer, is preparing to unveil a 1 million square-foot warehouse near Mexico City in order to capture Mexico’s nascent… Read More ›
Report Says Major Disruption From Digital Start-Ups Faced By Insurance Firms In Most Sectors
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 ›