Thomson Reuters’ Financial and Risk business accounts for more than 50% of the group’s total revenues. As per 3 sources familiar with the matter at hand, Blackstone Group LP, a private equity firm, is in advanced talks to With Thomson… Read More ›
Month: January 2018
Smartphone Sale Growth In China Declines In 2017, For The First Time In Eight Years
A report from research firm Canalys suggests that there has been a 4 per cent decrease in annual shipments of smartphones in China in 2017. This is the first time in eight years that the market has seen a decrease… Read More ›
Crypto Currency Worth About $400 Million Stolen From Coincheck, Admits The Company
It was four years ago that virtual currency exchange Mt. Gox collapsed in Japan whose memory is yet to fadeaway, and now the investors in the country were spooked after the disclosure of about $400 million in NEM tokens getting… Read More ›
Philip Morris’s Claims Over Health Benefits Of Heated Tobacco Device Rejected By U.S. FDA
The aim of Philip Morris International to begin the sale of fits heat-not-burn device in the United States and be identified to be a device that will be a less less-harmful alternative to cigarettes was dashed by the U.S. government…. Read More ›
The Pacific Trade Agreement Can Be Considered By Donald Trump Is It Were ‘Substantially Better’
In the eventuality that the United States is able to get a “substantially better” agreement from the massive Trans-Pacific Partnership trade deal, he would reconsider sticking with it, said the U.S. President Donald Trump to a television channel. But experts… Read More ›
British economy to pick up steam on increased clarity from future relationship with EU
While its peers in advanced economies have registered double digit growth, Britain has much to do to catch up with them. Clouds on the horizon are however clearing following increased clarity on how Brexit would impact its future trade relationship… Read More ›
Nestle to cut 400 jobs in France
Activist shareholder Third Point has applied increasing pressure to provide better returns of investment to shareholders. On Friday, Swiss food group Nestle stated that it plans on cutting 400 jobs in France in support services and HQ functions. The cost… Read More ›
IMF Says Short-Term Global Economic Surge Would Be Witnessed By Trump Tax Cuts
There is anticipated short term growth in the global economy – primarily for 2018 and 2019, according to the International Monetary Fund (IMF), primarily due to the corporate tax cuts by Donald Trump which is expected to provide a shot… Read More ›
Multiple Cryptocurrencies To Be Rated For The First Time By A U.S. Rating Agency
Letter grades on cryptocurrencies, including Bitcoin, Ethereum, Ripple, Bitcoin Cash, Cardano, NEM, Litecoin, Stellar, EOS, IOTA, Dash, NEO, Monero, Bitcoin Gold and many others would be issued by Weiss Ratings which is a leading independent rating agency in the United… Read More ›
The curious case of Apple’s approach to battery health in its devices
Although users of Apple’s Mac computers can easily check the health of their batteries, Apple had banned battery-health apps from its App Store citing security reasons and had to issue a software update once the issue hit the headlines of… Read More ›