The Indian market has a huge potential for unsecured loans and a cutting edge but controversial technology is being used the banks there for fast loan approval through the process of data mining on customers’ smartphones to test credit worthiness…. Read More ›
The South Australian government has announced that the world’s largest lithium ion battery has already been constructed by Tesla and that battery is all set to be put to use and switch the battery packs on. This also marks the… Read More ›
The low growth of manufacturing sector in the U.K. was set off by a strengthening of the ‘Euroboom’ as the eurozone manufacturing and services sentiment touched a new six-year year which also helped in pushing up the single currency higher…. Read More ›
Britain’s outlook for economic growth was axed by the U.K.’s fiscal watchdog, following which a warning about the longest fall in living standards since records began 60 years ago for Britons is on course, was issued. Compared to what the… Read More ›
The deal is likely to face strong headwinds in the U.S. Congress stemming from civilian deaths in Saudi Arabia’s campaigns in Yemen. According to sources familiar with the matter at hand, Saudi Arabia has agreed to purchase precision guided munition… Read More ›
The battery pack, run by France’s Neoen, is likely to significant ease the blackouts that have been plaguing the state for the last 18 months. However, with the shutdown of big coal-fired power plants in Victoria, a neighboring state, supply… Read More ›
The latest QA related scandal revolves around Japan’s Mitsubishi Materials Corp’s O-Ring sealents which impacts the aircraft and aerospace and nuclear industries. In yet another instance of a quality assurance scandal, Japan’s Nikkei financial daily reported, citing multiple sources, that… Read More ›
The annual results of travel global travel company Thomas Cook have been negatively impacted by the uncertainty and problems in the United Kingdom which is also the biggest market of the operator, even though the company was well on track… Read More ›
Tencent became the first Asian company t hit a valuation of more than $500 billion as it hit a record high earlier in the week. Closing in on the tech firms like Facebook and Amazon in terms of market valuation,… Read More ›
Banca Carige has to decide the matter by tomorrow and close the sale by December 6. On Wednesday, as per a source familiar with the matter at hand, Christofferson Robb & Company (CRC), a U.S. hedge fund, has presented an… Read More ›
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