Author Archives
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We Still Don’t Know Three Crucial Things About the Aramco IPO
The initial public offering of oil giant Aramco is “on track” for 2018 – was the message that the financiers and corporate chieftains, gathered for Saudi Arabia’s ‘Davos in the Desert’ heard it from the crown prince down to all the… Read More ›
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UBS CEO Likes Blockchain But Is ‘Not Necessarily’ A Believer In Cryptocurrencies
According to the chief executive of Swiss lender UBS, while the technology behind creation and the use of cryptocurrencies will be pivotal in transforming the financial services, the cryptocurrencies themselves still need to be “defined” to be universally acceptable. Sergio Ermotti,… Read More ›
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As Apple Device Sells Out In Hong Kong, iPhone X Wait Times Rise As Demand Outweighs Supply
Apple Inc. is struggling to get its iPhone X onto the market and in the hands of customers. Sending strong signals that supplies will likely remain tight as the new device goes on sale Nov. 3, the shipping times for… Read More ›
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After Saudi Prince Ups The Ante, Oil Investors Roll The Dice On OPEC
Saudi Arabia is in the driver’s seat as the OPEC trade is back. Hedge funds were almost as bullish on the global benchmark as they’ve ever been as Brent crude prices were propelled beyond $60 a barrel for the first… Read More ›
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Focus On Electric Delivery Vans Is Being Given By Automakers
An often overlooked segment with big growth potential given tightening pollution restrictions in urban areas, is the humble delivery van that automakers are increasingly sparing a thought for in the rush toward electric vehicles. Many in the industry expect it… Read More ›
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It’s Not Just An Automaker Now, Toyota Wants People To Know
Toyota Motor Corp. is a human movement company and this is what the Japanese car maker wants the world to know and wants to make it clear that it’s not only a car manufacturer. The attempt of the Japan’s largest… Read More ›
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Get Ready To Be Interrogated If You Want To Fly To America
More detailed talks with their airlines might be required for travelers headed to America. Starting Thursday, additional screening questions on about 2,100 daily flights will required to be asked by carriers from asking U.S.-bound passengers according to directions from the Department… Read More ›
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Investment Bank Predicts Investors Should Get Ready For A ‘Substantial’ Slowdown In The US Economy
The U.S. economy is expected to roll over as early as 2018, according to one investment bank and the bank is urging investors to prepare that roll over. “The US economy will in all likelihood slow down substantially: there is… Read More ›
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There Are More Billionaires In Asia Than The U.S.
With billionaires in Asia leading the pack, the world’s wealthiest individuals are on a roll. UBS Group AG and PricewaterhouseCoopers said in a report issued Thursday that after a decline 2015, billionaire wealth increased 17 percent to $6 trillion in… Read More ›
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Despite Booming, Bitcoin Sees Big Money Stays Away From It
As the value of all cryptocurrencies has surged tenfold this year to more than $170 billion globally, bitcoin is booming and digital currency hedge funds are sprouting at the rate of two a week. Yet for all the hype, taking… Read More ›