Two components of the Dow Index, DowDuPont Inc and United Technologies Corp are breaking up into smaller companies providing an opportunity to add fresh blood into the index. Although the composition for the Dow Jones Industrial Average has largely been… Read More ›
Here’s why it does not make any sense to partner with China’s Huawei, as explained lucidly by AT&T Inc’s Chief Executive Randall Stephenson. Randall Stephenson, AT&T Inc’s Chief Executive has disclosed, once you partner with China’s Huawei Technologies Co, it… Read More ›
One of the strategies adopted by Boeing to mitigate aspects from its high-profile scrutiny, is reshuffling of executives in its commercial airplanes business, as it increases its focus on responding to the snow-balling situation. With U.S. lawmakers calling on Boeing… Read More ›
Amnesty International wants battery makers to source minerals responsibly. Extraction of minerals for use in batteries have been linked to human right abuses. With all due respect to Amnesty, it should redirect its focus on the blatant harvesting of human… Read More ›
Although its second quarter profits have beaten analysts’ estimate, its profit forecast for the third quarter is well below Wall Street’s expectations. U.S. chipmaker Micron Technology Inc stated, it sees a recovery in the memory chip market in the coming… Read More ›
The cut in the fine comes in the wake of a Supreme Court ruling. The Korea Fair Trade Commission has made it clear that it will not tolerate a “monopolist enterprise’s abuse of its market position …” On Thursday, South… Read More ›
A study by Feedvisor, a group that helps brands on issues related to e-commerce marketplaces, has revealed startling data which clearly shows that the retailers should be very worried about the dominance of Amazon over the e-commerce industry globally. In… Read More ›
A media house whose scale can only be imagined is not far off as Disney has closed the acquisition of Rupert Murdoch’s entertainment business deal worth its $71bn. The deal includes franchises such as Cinderella, The Simpsons and Star Wars,… Read More ›
Basel rules were created so as to avoid a scenario wherein taxpayer’s money is used to bail banks in case of a financial crisis. On Wednesday, financial regulators warned, top international banks will collectively require $34 billion (30 billion euros)… Read More ›
Asset managers, banks, and insurers in London are expanding their European operations or opening new offices there to avoid a disruption from Britain’s potentially chaotic departure from the European Union. On Wednesday, in a significant development, Earnest and Young (EY)… Read More ›
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