Author Archives

• $100 Billion Off Its Stock Value Temporarily Wiped Out Due To Apple’s Late iPhone Launch

  By admin2 on October 30, 2020 • ( 0 )

  

  Apple reported its steepest quarterly drop in iPhone sales in two years for the third quarter of the current year as its iPhone customers put off purchasing the new iPhones devices because of the late launch of new 5G phones… Read More ›

• Credit Suisse Reports 38% Drop In Net Profit For Q3 Missing Market Expectations

  By admin2 on October 30, 2020 • ( 0 )

  

  Despite reporting a 38 per cent drop in its net profit for the third quarter, Credit Suisse expressed strong conviction that looking ahead, its wealth management and investment banking divisions will be bolstered by expected volatile market conditions. For the… Read More ›

• More Traditional Route Will Be Taken By The Second Ave Of Cvodi-19 Vaccines Developers

  By admin2 on October 29, 2020 • ( 0 )

  

  The boundaries of vaccine technology are being pushed by the few drug makers currently dominating the global coronavirus vaccine race. However, a more conventional and proven designs is likely to be adopted by the next crop of vaccines that are… Read More ›

• Samsung’s Profits Decline Due To Weak Server Chip Demand Despite Strong Earnings In Q3

  By admin2 on October 29, 2020 • ( 0 )

  

  Weak server chip demand and rising smartphone competition will result in a fall in profit in the fourth quarter, expects Samsung Electronics Co Ltd.   On Thursday however the company offered its best quarterly operating profit in two years for… Read More ›

• Pandemic Boosts Growth For Microsoft Cloud Business

  By admin2 on October 28, 2020 • ( 0 )

  

  US tech giant Microsoft Corp beat analysts’ estimates for the latest completed quarter because of a slight re-acceleration of its cloud computing business and winning of new users for its Teams messaging and collaboration software with an increasing trend  of… Read More ›

• Stage Set For Blockbuster Stock Market Debut Of Airbnb

  By admin2 on October 28, 2020 • ( 0 )

  

  The stage is apparently set for one of the most high profile debuts in a stock market for 2020 as the home rental startup Airbnb Inc plans to get itself listed on the Nasdaq and offer an initial public offering…. Read More ›

• Covid-19 Vaccine May Be Available In The UK Even Before Christmas This Year

  By admin2 on October 28, 2020 • ( 0 )

  

  Kate Bingham, the chair of the United Kingdom government’s vaccine taskforce said in an interview to the media that a Covid-19 vaccine may be available for some people even before Christmas. She however added that it is more likely that… Read More ›

• 2020 Profit Forecast Raised By Sony After Record Q2 Performance

  By admin2 on October 28, 2020 • ( 0 )

  

  After reporting a record profit for its second quarter, Japanese electronics giant Sony Corp raised its annual profit outlook. The company’s performance as driven by its gaming business which continued to capture “nesting” demand just ahead of the next month… Read More ›

• AMD To Acquire Chip Maker Xilinx In A $35 Billion Deal, Targets Data Center Business

  By admin2 on October 27, 2020 • ( 0 )

  

  The battle between semiconductor designer Advanced Micro Devices Inc (AMD) and Intel Corp in the data center chip market just got more intense with AMD agreeing purchase Xilinx Inc in a $35 billion all-stock deal, AMD said on Tuesday. After… Read More ›

• Efforts To Reduce Plastic Waste Being Undertaken By Global Toy Companies

  By admin2 on October 27, 2020 • ( 1 )

  

  After using environmentally destructive plastic in the products and packaging of toys for decades, efforts at becoming more eco-friendly are now being made by many large toy companies. With parents being forced to keep their children back at home during… Read More ›