It is becoming increasingly increasing difficult for the Finnish telecom company Nokia to keep pace with its rivals in the 5G mobile connectivity industry. That was probably reflected when the profit outlook for the current year as well as for… Read More ›
Month: October 2019
US Lawmakers Grill Facebook’s Zuckerberg Over A Host Of Issues
The policy of the social media company Facebook of not fact checking political ads was severely criticized by lawmakers in the United States while interviewing Facebook CEO Mark Zuckerberg in a Congress hearing. Zuckerberg was also accused by the lawmakers… Read More ›
France proposes Thierry Breton for European Commissioner
Macron is keen to preserve the portfolio he had negotiated with incoming European Commission President Ursula Von der Leyen and has sought assurances that the new candidate would be approved. On Thursday, two weeks after President Emmanuel Macron’s first choice… Read More ›
Norwegian Air to jointly own Airbus fleet with China Construction Bank Corp
The deal will significantly reduce Norwegian Air’s capex requirements. On Thursday, Oslo-listed Norwegian Air stated, it has struck a deal with China’s CCB Leasing to take joint ownership of a large fleet of aircraft that it has ordered from Airbus…. Read More ›
The UK will leave the EU with Johnson’s deal: Downing Street source
The assertion from Downing Street comes at a time when there is increasing speculation of an election before Christmas. As per a senior source from Downing Street, the UK will ultimately leave the European Union on terms set out by… Read More ›
Five New Islands In The Arctic Revealed Due To Melting Ice
Five new islands have reportedly come out because of melting glaciers in the remote Arctic as found out by the Russian navy. The islands being referred to were charted by an expedition in August and September. The head of the… Read More ›
Study Finds Athletic Performance Boosted As Effectively By Potato As Carbohydrate Gels
According to a study posted on the website of the University of Illinois, when people undergo prolonged exercise, consuming of potato puree has the same impact or effect on sustaining blood glucose levels and boosting performance in trained athletes as… Read More ›
New Report Claims China Has 206 Unicorns – More Than US And World’s Largest
A new report published by a Shanghai-based research institute has found that there are more unicorns in China than the United States and the largest in the world. There are 206 unicorns currently in China according to a research by… Read More ›
U.S.-EU trade negotiations on the horizon
In an interview to the Financial Times, U.S. Commerce Secretary Wilbur Ross hinted at the possibility of negotiations with the European Union as an alternative approach to imposing tariffs on automotive and automotive parts. On Wednesday, in an interview to… Read More ›
New York Federal Reserve accepts $35 billion out of $58.15 billion in overnight repo bids
The development led to a slight increase in repo rates. In a move intended to help maintain federal funds within their target range, the New York Federal Reserve has accepted $35 billion of the $52.2 billion in bids from primary… Read More ›