The debate over whether intentional slowdown of its iPhones is done by Apple has been reignited by a new analysis of performance data. iPhones are deliberately made slower by Apple by reducing the speed of the processers the use of… Read More ›
Month: December 2017
Saudi Arabia’s 2018 budget to focus on economic development and expansion
Saudi Arabia wants to diversify and wean its economy from the singularity of oil exports. Its budget is expected to largely follow this framework. As per a senior official from Saudi Arabia’s Minitry of Finance, the Kingdom’s 2018 budget, scheduled… Read More ›
Apple appoints Michel Coulomb as head of sales in the world’s 3 biggest smartphone market
The moves comes midst Apple’s efforts to gain traction in the price sensitive Indian smartphone market, where its market share is under 3%. On Tuesday, with an eye on the world’ third biggest smartphone market, U.S. tech giant Apple Inc… Read More ›
Tokyo prosecutors raid Japanese construction firms over Maglev projects
The politically influenced construction industry in Japan has seen frequent alleged bid-rigging related issues crop up. The current issue revolves around laying maglev lines that link up Tokyo, Nagoya and Osaka. On Tuesday, prosecutors in Tokyo raided the headquarters of… Read More ›
There Is An Acquisition Frenzy For The New Breed Of Aggressive CEOs At Computer Chip Firms
Cavium, a midsize manufacturer of computer chips, was proposed to be taken over by Matthew Murphy, CEO of Marvell Semiconductor. It was a bold move considering the fact that he had become the chief executive for the first time and… Read More ›
Three Big Besieged U.K. Retailers Face A Make-Or-Break Christmas This Year
This holiday season is a make-or-break for some of the U.K.’s major retail chains even as the entire industry in the U.K. would wan to forget the year, say investors. Fashion retailer New Look Retail Group Ltd and department-store operators Debenhams Plc and House… Read More ›
Nestle divests its tea brands in North America for undisclosed amount
The move underscores Nestle’s desire to reshape its business to new consumer trends and healthcare as it finds ways to boost returns of investment to shareholders. On Monday, Nestle disclosed it has sold two of its tea brands in North… Read More ›
U.S. taxpayers rush to file their tax returns before December 31, 2017
With the Republican-led U.S. tax overhaul slated to successfully pass through the U.S. Congress by this week, taxpayers and accountants are working overtime to optimize the impact of the revised U.S. tax code on their tax profile. With the Republican… Read More ›
Trump’s new national security strategy identifies China as its main competitor
China’s trade practices, especially its over production and dumping policy, which has increasingly drawn flak across major economies including the EU, India and U.S., is likely to face further hurdles and heightened scrutiny. On Monday, with U.S. President Donald Trump… Read More ›
Spreads Business Of Unilever Will Fetch $8 Billion In Its Sell Out To KKR
Unilever wants to focus on development of business for its fast growing products and therefore it has agreed to sell of its margarine and spreads business for 6.83 billion euros ($8.04 billion) to the U.S. private equity firm KKR. There… Read More ›
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