The Saudi energy giant is positioning itself to tap the booming LNG market – a much cleaner fuel compared to pollution-heavy crude oil. On Tuesday, Saudi energy giant Aramco stated, its gas program is likely to draw $150 billion in… Read More ›
Month: November 2018
UK open to a trade deal with U.S.
Brexit allows Britain to have an independent trade policy. A framework for a trade agreement with the U.S. has already been laid. Following U.S. President Donald Trump’s statement saying U.S.-U.K trade could be potentially hit due to Britain’s trade arrangements… Read More ›
Tesla case is settled despite Musk’s “Shortseller Enrichment Commission” tweet: Jay Clayton
Jay Clayton, the Chairman of the SEC, appeared to be unaware of Musk’s October 4 tweet which described the SEC as the “Shortseller Enrichment Commission”. Despite Tesla’s Chief Executive Elon Musk’s mocking tweet on the chairman of the U.S. Securities… Read More ›
Tories to back May’s Brexit deal if timetable for departure is tabled: The Times
The Tories are pushing for a Canada-style agreement. As per a report from The Times, Brexiteers “will back British Prime Minister May’s deal if she says when she’s quitting”. The Times report states the Tories are likely to soften their… Read More ›
Delisting Of Settlements In West Bank Lands Airbnb In A Israeli Class-Action Lawsuit
Airbnb has been accused of “outrageous discrimination” in a class action law suit filed against it in Israel where the lawyers demanded monetary compensation for the damages that had been cause by the company following its decision of withdrawal of… Read More ›
Study Predicts Good Growth For Organic Wines, But Limited To Niche Market
According to a new report published on Friday by the wine and spirits consultancy IWSR, the rising trend among consumers of preferring to consume environmentally better pesticide-free wines will in the next five years, will result in rapid growth in… Read More ›
Fox TV Streaming Service Launched In Middles East With A Saudi Media Group
Fox Networks is to launch a new TV streaming service in the Middle East and North Africa in partnership with a Saudi media group. The biggest broadcaster of the Middle East, MBC, has been chosen by this subsidiary of 21st… Read More ›
Avoid China-made telecommunication equipment: U.S. to allies
The United States is pushing allies to avoid using telecommunication equipment made by Chinese Companies, including Huawei Technologies, citing heightened cybersecurity risks. Following perceptions of threats from espionage, the U.S. government is persuading internet providers and wireless operators in allied… Read More ›
Spinning-off network assets from Telecom Italia (TIM) risks 20k jobs
Italy’s government is weighing the pros and cons of spinning-off the fixed-line network of former telecoms monopolist Telecom Italia. On Friday, a source within telecoms union UILCOM disclosed, plans to spin off the fixed-line network of former telecoms monopolist Telecom… Read More ›
Christmas shopping season at risk of being derailed by “yellow vests”
Demonstrations by “yellow vests” have led to a 35% fall in daily revenues as well as 47% drop in footfalls for French retailers. On Friday, French retailers stated, protests against rising fuel prices as well as French President Emmanuel Macron’s… Read More ›
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