According to the chief executive of Swiss lender UBS, while the technology behind creation and the use of cryptocurrencies will be pivotal in transforming the financial services, the cryptocurrencies themselves still need to be “defined” to be universally acceptable. Sergio Ermotti,… Read More ›
Month: October 2017
As Apple Device Sells Out In Hong Kong, iPhone X Wait Times Rise As Demand Outweighs Supply
Apple Inc. is struggling to get its iPhone X onto the market and in the hands of customers. Sending strong signals that supplies will likely remain tight as the new device goes on sale Nov. 3, the shipping times for… Read More ›
After Saudi Prince Ups The Ante, Oil Investors Roll The Dice On OPEC
Saudi Arabia is in the driver’s seat as the OPEC trade is back. Hedge funds were almost as bullish on the global benchmark as they’ve ever been as Brent crude prices were propelled beyond $60 a barrel for the first… Read More ›
Focus On Electric Delivery Vans Is Being Given By Automakers
An often overlooked segment with big growth potential given tightening pollution restrictions in urban areas, is the humble delivery van that automakers are increasingly sparing a thought for in the rush toward electric vehicles. Many in the industry expect it… Read More ›
U.S. tech giants report phenomenal jump in quarterly earnings
In a paradigm shift, businesses are increasingly shifting from owning data centres to cloud computing, which is creating the basis for a new bull run. The combined revenues of Alphabet, Amazon and Microsoft have totaled to more than $100 billion… Read More ›
Fixed-line network is a strategic asset: Telecom Italia’s Chairman
While boosting the return of investment for stakeholder’s is important, it should not be at the cost of of dilution of a strategic asset. Other avenues will have to be sought on how to add new shareholders to Italy’s broadband… Read More ›
For the first time Brazil opens its deepwater pre-salt fields to foreign energy companies
As a result of these reforms, executives from the majority of the world’s biggest oil companies have landed in Rio de Janeiro, to outbid each other for a slice of Brazilian crude whose quality is said to be world class… Read More ›
It’s Not Just An Automaker Now, Toyota Wants People To Know
Toyota Motor Corp. is a human movement company and this is what the Japanese car maker wants the world to know and wants to make it clear that it’s not only a car manufacturer. The attempt of the Japan’s largest… Read More ›
Get Ready To Be Interrogated If You Want To Fly To America
More detailed talks with their airlines might be required for travelers headed to America. Starting Thursday, additional screening questions on about 2,100 daily flights will required to be asked by carriers from asking U.S.-bound passengers according to directions from the Department… Read More ›
Investment Bank Predicts Investors Should Get Ready For A ‘Substantial’ Slowdown In The US Economy
The U.S. economy is expected to roll over as early as 2018, according to one investment bank and the bank is urging investors to prepare that roll over. “The US economy will in all likelihood slow down substantially: there is… Read More ›