The potential deal will see Air France replacing its ageing medium haul aircraft. According to industry sources, Airbus is close to signing a deal worth billions of dollars for the sale of dozens of A320neo-family and smaller A220 aircraft to… Read More ›
Month: July 2019
Samsung asks partners to stockpile Japanese electronic components
Samsung has assured its partners that it would shoulder the burden of stocking these additional components. According to a source familiar with the matter at hand, Samsung Electronics has urged its local partners to stockpile more Japanese components in the… Read More ›
Vodafone secures EU approval for its $22 billion bid to acquire Liberty Global’s assets
The development will allow Vodafone to better compete with German market leader Deutsche Telekom.
Britain’s OBR Predicts A Recession For The Country For A No-Deal Brexit
The British government’s independent forecasting body – the Office for Budget Responsibility (OBR) has warned that there would be a recession in the country, with 2 per cent shrinkage in the economy, if there is a no-deal Brexit. It has… Read More ›
Electric Car Models To Increase By Three Time In Europe By 2021
According to the predictions of a European environmental lobby group, by 2021, the number of models of electric cars that would be available to consumers across Europe would growth by three times. The group said that the acceptance of electric… Read More ›
Cloud Deal Worth $2 Billion Signed Between Microsoft And AT&T
A deal has been reached between Microsoft Corp and AT&T Inc worth a total of $2 billion, according to sources quoted in reports, which would give access to the United States telecommunications company to the Azure cloud service of Microsoft… Read More ›
Trade Tensions The Major Threat To Global Economy, Says The IMF
The global economy could be hit by $455 billion next year if the trade war between the United States and China continues in the way it is now, warned the International Monetary Fund. The global trade flows were being negatively… Read More ›
Bipartisan bill introduced in U.S. Congress targeting Huawei Technologies Co Ltd
The bipartisan legislation essentially boils down to Senator Tom Cotton’s notion that “American companies shouldn’t be in the business of selling our enemies the tools they’ll use to spy on Americans”. In a significant development, members of the U.S. Senate… Read More ›
Boris Johnson’s cunning plan for a no-deal Brexit
While there are a couple of scenarios by which Boris Johnson, Britain’s potential next Prime Minister, could deliver on his no-deal Brexit, the most cunning one involves removing them, temporarily of course, from having to deliberate on the issue. A… Read More ›
United Airlines to resume daily non-stop flights from India to the U.S. from September 6
Pakistan had imposed a flight ban on its airspace following Indian strikes on terror camps in its territory. Pakistan has now issued a NOTAM lifting that restriction. On Wednesday, United Airlines Holdings Inc stated, it would restart its daily nonstop… Read More ›