Author Archives
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Promoters Selling Stake In Company Denied By India’s Infosys
Media reports that founders of India’s second-biggest software services exporter were looking to sell their entire 12.75 percent stake in the company was denied by Infosys Ltd. Although a report carried a denial from one founder, Narayana Murthy, citing people… Read More ›
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Expert Says A ‘Dead Giveaway’ That It’s Building An AI Chip For Iphones, Just Offered By Apple
A set of tools that developers can use to incorporate machine learning techniques into their apps – Core ML, was very recently introduced by Apple Inc. Amid all of the new hardware and iOS updates the news was little noticed…. Read More ›
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Finally, Global Energy Market Feeling Heat Of Qatar Fight
Speculation that the row between Qatar and its Mideast neighbors will spill more broadly into the global gas market were raised as two Qatari LNG shipments, believed to be U.K.-bound, abruptly changed direction in the Gulf of Aden Thursday. And… Read More ›
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Investors Haven’t Lost Interest Even Though E-Commerce May Be Biting Singapore’s Retail Real-Estate
Investors are still eyeing the city-state of Singapore as Singapore’s malls have felt the pinch similar to the other bricks-and-mortar retailers globally who have taken a hit from e-commerce. But that doesn’t mean investors are entirely gung-ho. But expecting the… Read More ›
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As Economy Holds Up Better Than Expected, Chinese Exports And Imports Top Expectations
Suggestion that the Chinese economy is holding up better than expected despite rising lending rates and a cooling property market is made as China reported stronger-than-anticipated exports and imports for May despite falling commodity prices. Saying that it expects the… Read More ›
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As Gulf Spat Deepens, U.A.E. Closes Airspace To Qatar Flights
In an effort to deepen Qatar’s isolation, the latest in a series of unprecedented measures by the Saudi-led alliance that risk squeezing the country’s economy and finances, the United Arab Emirates banned all international flights serving Doha from flying through… Read More ›
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The Reasons Why The World Should Care About Saudi Arabia Being Mad At Qatar
After Saudi Arabia closed its land border with Qatar and at least five Gulf-based airlines announced they will halt service to the desert peninsula nation, the rift between Qatar and other Arab nations intensified Monday. Saudi Arabia has developed a “Sunni coalition” in… Read More ›
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Marking A More Than 2,800% Rally This Year, Ethereum Hits Another Record High
Amid continued interest in the digital asset space and increased trade from Asia, ethereum, an alternative cryptocurrency to bitcoin, hit a fresh record high on Sunday. According to data from industry website CoinDesk, ethereum traded at an all-time high of $250.41… Read More ›
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Diplomatic Ties With Qatar Cut By Saudi Arabia, Bahrain, UAE And Egypt
Pointing to Doha’s ties to terrorism and the need to maintain national security, Saudi Arabia and three other nations broke diplomatic relations with Gulf Arab state Qatar on Monday. While the United Arab Emirates, Bahrain and Egypt cut ties with Doha on Monday, Riyadh… Read More ›
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Big Money Investors Would Not Be Deterred By Trump’s Abandonment Of Paris Climate Accord
Big money investors, such as Singapore wealth fund Temasek, said they’re continuing to go green even though U.S. President Donald Trump pulled out of the Paris climate change deal. Going green was just good business, said Robin Hu, head of the sustainability… Read More ›
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