Author Archives
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While Illegal, An iPhone X Bought In U.S. Is Cheaper, Including Flight Fares
Thousands in Europe are eyeing-up transatlantic flights to see if it’s cheaper to fly across the pond to buy it because of the fact that the price of the new iPhone X is so high in Europe. But the catch is one… Read More ›
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Report Says Major Disruption From Digital Start-Ups Faced By Insurance Firms In Most Sectors
Due to the emergence of a number of insurance technology (insurtech) start-ups, according to a report, insurance firms are facing increasing competitive pressure on all fronts. The sector is being forced to rethink its model with the integration of technologies… Read More ›
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To Diversify Assets Amid Gulf Crisis, Qatar Fund Plans U.S. Deals
The diplomatic standoff between Qatar and its Gulf neighbors entered its third month. And amidst this unresolved crisis Qatar is seeing to further diversify its assets and has planned to induce more U.S. investments to achieve this. Qatar’s windfall gains… Read More ›
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In Bid To Keep Rural Elderly On The Move, Japan Trials Driverless Cars
A vehicle that residents have never before seen, a driverless shuttle bus, is now visible on the sleepy roads lining its rice fields of the Japanese town of Nishikata. In areas where elderly residents struggle with fewer bus and taxi… Read More ›
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Report Says, To Evade Sanctions, Bitcoin Attempted To Be Stolen By North Korean State-Sponsored Hackers
In order to avoid sanctions and fund Kim Jong Un’s regime, North Korea is trying to steal bitcoin and other virtual currencies, according to a report. With the suspected aim of stealing the digital tokens, North Korean hackers had targeted at least… Read More ›
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North Korean Accounts Banned By China’s Biggest Banks
In an unprecedented move to clamp down on financial flows with the country’s unruly neighbor, China’s biggest banks have banned North Koreans from opening new accounts. They had imposed a freeze on new accounts for North Korean people and companies,… Read More ›
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As Gap With New York Widens, London Wins Top Financial Center Title Once Again
As the gap with second placed New York City (NYC) widens, London has held onto top spot in the latest ranking of global financial centers according to the most recent iteration of the semi-annual report released on Monday. Compared to… Read More ›
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$1 Billion In Digital Cash Sees Blockchain Developers Face Off Each Other
In a dispute that may help establish the leading player in providing new payment technologies to financial companies, two of the world’s largest blockchain developers are battling over more than $1 billion in virtual-currency options. Accusations of reneging on an options agreement… Read More ›
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Scrutiny Of Pratt’s Balky New Engines On Airbus Jets Stepped Up By India
As the U.S. manufacturer tries to overcome glitches that have grounded some AirbusSE planes, regulators in India are stepping up scrutiny of Pratt & Whitney’s new jet engines. Civil Aviation Minister Ashok Gajapathi Raju said in an interview in New Delhi… Read More ›
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In Indian Media Push, Amazon And Netflix Fight Each Other
Proof of a rising foreign presence in India’s fast-growing online entertainment business is the drama series Inside Edge, launched by Amazon to rave reviews in June. In the hope of capitalising on the explosive recent growth in smartphone penetration and… Read More ›
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