The development marks Walmart’s push to improve customer experience on its website as well as in its brick-and-mortar stores with virtual reality. Store No. 8, Walmart Inc’s technology incubator, disclosed it has acquired Spatialand, a virtual reality startup, to build… Read More ›
Calling on regulators to learn from Monday’s market turmoil, the world’s largest asset manager, asked that they be labeled differently from plain-vanilla ETFs such that investor can better associate risks pertaining to them. Following Monday’s steep decline in financial instruments… Read More ›
The move would have profound implications for Britain’s economy and could potentially trigger customs check at EU borders, including the one between Northern Ireland and the Republic of Ireland. The move is also likely to rid Britain from EU’s single… Read More ›
Booming air traffic has given rise to surge in profits across global air-carriers, however with their net margin being at just 4.7%, the scope for exuberance is limited. On Monday, Alexandre de Juniac, the Chief Executive of International Air Transport… Read More ›
Electric vehicles, light commercial vehicles and trucks as well as sourcing supplies locally are the key components of Nissan’s strategy in China, the world’s biggest auto market. On Monday, with the aim of placing itself within the top 3 automakers… Read More ›
Rising worries among investors that the price of bitcoin was being manipulated in a major exchange and concerns about stricter regulatory frameworks resulted in investors losing confidence in the virtual currency and consequently more than $100 billion was struck off… Read More ›
A new red line was set for U.K> Prime Minister Theresa May and the negotiations with the European Union as well as within her own party by British Trade Secretary Liam Fox after he said after Britain leaves the EU,… Read More ›
Yoshida, was the brains behind many of Sony’s strategic decisions, including its decision to focus on image sensors and smartphones, which have won over investors. On Friday, Sony Corp stated Kenichiro Yoshida, its Chief Financial Officer, will replace Kazuo Hirai… Read More ›
In the last two years, a slew of new talent, including Sundar Pichai as Google’s CEO, Ruth Porat as its CFO, Susan Wojcicki as YouTube’s CEO, and Diane Greene as senior VP of Google’s enterprise business, have played a greater… Read More ›
The $70 million penalty is for attempted manipulation of the USD ISDAFIX from January 2007 to May 2012. The U.S. Commodity Futures Trading Commission stated that it has ordered a filing and settling charges against Deutsche Bank Securities Inc, a… Read More ›
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