Author Archives
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Huawei’s Kit In BT’s EE Network To Be Phased Out And Replaced With Nokia’s
The Finnish telecoms firm Nokia has struck a deal with British Telecom (BT) which will make it the largest equipment provider of the service provider as Nokia continues to benefit from the blocking of the Chinese telecom equipment maker Huawei… Read More ›
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Boom In Sports Betting Underscored On News Of Possible Purchase By Caesars Of William Hill For $3.7B
The extent of the opportunities of business in online gaming and sports betting in the United States will be underscored by potential deal to acquire William Hill by Caesars Entertainment in a deal that would value the British bookmaker at… Read More ›
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GM’s Mini EV A Hit In The Chinese Market
In the month of August, the Wuling MINI, the electric from SGMW, GM’s venture with partners SAIC Motor Corp and Guangxi Automobile Group, which made it the top selling electric vehicle in China for the month which exceeded the popular… Read More ›
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Surprise Revenue Rise Reported By Blackberry In Q2 Driven By Higher Software And Licensing Demand
With an increase in the sale of its security software product and strong growth in its patent licensing business helped Canada’s BlackBerry Ltd to report a 6 per cent rise in quarterly revenue of the company which came as a… Read More ›
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Ascertaining Supply Chain Deforestation: Unilever Using Geolocation Data And Satellite Imagery
In order to understand exactly form where it’s the raw material for its products, which range from ice creams to deodorant, come from, Unilever is making use of a combination of advanced satellite imagery and geolocation data. According to Marc… Read More ›
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Record $920 Million Fine Over Money Laundering Scandal Slapped On Australian Bank Westpac
A record-breaking penalty of almost $1 billion will be paid by Westpac, one of Australia’s largest banks. The charge against the bank is that if has systematically allowed money laundering on its watch. An agreement for a 1.3 billion Australian… Read More ›
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U.S.-China Bilateral Tensions Force Investments To Fall To Nine Year-Low
A research report shows that in the first half of the current year, investment between the United States and China have dropped to a nine-year low because of the bilateral tensions between the two countries with possibility of more Chinese… Read More ›
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There Is Solid Basis For Agreeing To Global Digital Tax, Says OECD
According to the head of tax at the OECD, there is now a “solid basis” for the global talks on updating international tax rules for the digital age and the situation is good enough to wrap up the negotiation by… Read More ›
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Leaked Documents Suggest $2tn Of Corrupt Money Could Have Passed Through The US Financial System
An international group of investigative journalists has been provided with thousands of documents that provide details of money worth about $2 trillion that potentially was amassed through corrupt means and had passed through the financial system of the United States…. Read More ›
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Europe’s Hope Of “V” Shaped Economic Recovery Fading With Resurgence Of Pandemic
With the number of daily coronavirus infections continuing to rise rapidly, it is likely that more restrictions on public life in the coming days will be imposed by European countries, according to analysts. “Expect lots more restrictions over the days… Read More ›