A court case involving a former Apple Inc executive is trying to establish whether it is justified for an employee to plan a competing venture or a startup even while he or she is on the payroll of a company…. Read More ›
Day: January 21, 2020
New Survey Shows Erosion In Trust On Capitalism Due To Increasing Wealth Inequality
A survey conducted by public relations firm Edelman just prior to the gathering of the politicians and business tycoons of the world in the Swiss ski resort of Davos has revealed that there is a loss of confidence in capitalism… Read More ›
SARS-Like Coronavirus Outbreak Puts Chinese Travel Industry In A Spot
In the wake of a nationwide fears in China related to a new virus, cancellation fees for trips to the central Chinese city of Wuhan are being waivered by China’s biggest online travel agency, said reports. The 2020 Lunar New… Read More ›
Britain’s TalkTalk sells fiber optic network to CityFibre for $260 million
On Tuesday, British broadband supplier TalkTalk stated, it has agreed to sell its fiber network to CityFibre for $260 million (200 million pounds). TalkTalk said it had agreed to a wholesale agreement with Goldman Sachs-backed CityFibre for its residential and… Read More ›
Uber sells Uber Eats India to Zomato in exchange for 9.99% stake in Zomato
Uber has sold its online food ordering business in India to Ant Financial-backed Zomato in exchange for a 9.99% stake in Zomato. The deal essentially limits its exposure to the Indian market where it has struggled to grow. The all-stock… Read More ›
Chinese strategy of wearing down opponent with prolonged negotiations not working, EU won’t meet China halfway in investment talks: EU Trade Chief
During a press conference held by business lobby group BusinessEurope, EU trade chief Phil Hogan made it amply clear that the European Union wants China to protect foreign investment and increase access to its investment market in 2020. The EU… Read More ›
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