Author Archives
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US Indicts To Chinese Men In For Commercial Hacking
Two Chinese men have been indicted by the US justice department on charges of them hacking into the computer systems and networks of companies and government agencies in Western countries. It is being alleged that the duo are a part… Read More ›
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Uber Restarts Trials Of Its Self-Driving Cars In Pennsylvania
After remaining suspended for nine months following the death of an individual in a deadly accident in Arizona, ride hailing company Uber Technologies Inc is resuming its trial on limited self-driving cars on public roads in Pittsburgh. It was just… Read More ›
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UK’s Debenhams Drops Below Fishing Equipment Retailer In Terms Of Market Value
The changing face of retailing business in the United Kingdom was drastically portrayed after it was revealed that the market value of one of the most well known names of UK retailing industry and the British high street, Debenhams –… Read More ›
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Despite Trade War, $9bn China Chip Project Planned By Foxconn Nikkei
In the backdrop of the trade war between the United States and China partly because of Washington’s concerns of Beijing’s policies to satisfy its ambition to become a tech giant, about $9 billion would be invested by the largest iPhone… Read More ›
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American Retailers On A Buying Spree Because Of US Trade War With China
There is hardly any free space left in American warehouses as traders and retailers are filling them up with Chinese products of all kinds – microwaves, vacuum cleaner filters, swimwear, furniture, said Amy Magnus, head of the National Customs Brokers… Read More ›
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Volvo Prepares For No-Deal Brexit, Stockpiles Products In UK
Sweden’s truck making firm AB Volvo is creating safety stock” with its British dealers and is contemplating alternatives to ship its vehicles to the UK to that there is minimum disruption for its products to reach the market as the… Read More ›
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New Research Warns A Cashless Society Would Put Millions At Risk
According to a new report, millions of people could be in danger of being affected by the risks of shifting towards a completely cashless world. While large tech companies such as Apple believes that in the near future, there would… Read More ›
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UK Court Dismisses Uber’s Appeal On Employment Rights Of Its Drivers
Judges in the United Kingdom struck down an appeal by the ride hailing company Uber against a historic ruling by the employment tribunal of the country which mandated that the drivers of Uber would have to be recognised as workers… Read More ›
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France To Impose A New Tax On Large Tech Companies Alone
After France failed to make its European Union partner countries to agree to a EU-wide imposition of a new tax on big technology companies, the country has decided to go ahead alone with it. About €500m in its first year… Read More ›
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Ultra Rich Investors Should Consider Exiting UK With Assets, Advises Credit Suisse: FT Report
According to a report published in the Financial Times on Tuesday, credit ratings agency and wealth managers Credit Suisse has reportedly advised the ultra-high net worth individuals (UNHWI) that they could think about accelerating their plans to take their investments… Read More ›