Author Archives
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Customers Keep Coming to Branches as U.S. Banks Want to Close them down
The banking industry’s efforts to slim down are getting complicated by many U.S. customers who are not ready to give up regular visits to their nearest branch despite the banks’ nudging toward online tools. According to Federal Deposit Insurance Corp… Read More ›
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Post Brexit Boost in M&A Market Expected in September
Now that the uncertainty around the Brexit vote that dogged the start of the year has disappeared, bankers returning from the beach may be dreaming of a pick-up in dealmaking activity come September. Compared to last year, so far, it’s been… Read More ›
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The $1 Billion E-Sports Gaming Industry will now have an Olympics for Itself
While athletes from world over have been fighting out for medals at the Olympics in Rio, an Olympics of e-sports is being planned to be achieved by a gaming company that showcased a gaming tournament to that effect at the… Read More ›
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SEC of U.S. said to be Investigating Hampton Creek, Maker of Just Mayo
If U.S. media reports are to be believed, a preliminary inquiry into Hampton Creek has been opened by the Securities and Exchange Commission of the U.S. An organized effort by Hampton Creek to buy large quantities of its Just Mayo… Read More ›
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Agreement Reached Between Viacom and Controlling Shareholder Sumner Redstone: Reuters
An agreement on terms of a settlement that would result in the departure of Chief Executive Philippe Dauman has been reached between Viacom and controlling shareholder Summer Redstone, reports Reuters quoting sources familiar with the situation. The battle has been a… Read More ›
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Sharing Economy to Ease Europe’s Refugee Crisis to be Used by This Not-profit Organization
Where to house the refugees and how to assimilate them into the host country’s culture are the two main concerns of Europe’s refugee crisis and the sharing economy’s methods is being aimed by one non-profit organization in the region to try… Read More ›
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Will Robots Save Denmark’s Welfare State?
Denmark may not soon be able to afford offering such a good deal to its people and this is a problem for the country. Marking one of the highest levels in the rich world, Denmark devotes slightly more than 30… Read More ›
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Artificial Intelligence as Future of Search is Start-ups’ Bet to Challenge Google
New artificial intelligence (AI) techniques that make searching the web more like talking to a friend and start-ups are hoping that with this new technology they would be able to challenge Google. Understanding natural language, a thing that has typically… Read More ›
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Study Finds Ranks in Innovative Economies Dominated by Switzerland, Sweden, Britain
While China is quickly entering the list of economies that are among the greatest innovators, the European economies continue to dominate the ranks of the world’s most innovative countries. This was revealed after a study conducted jointly by the World… Read More ›
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Asian Fund Managers Called by $11 Trillion Muslim Wealth Mountain
The race to tap the wealth held by Muslim individuals, institutions and government worth $11.5 trillion is intensifying. Expanding an industry that’s lured global money managers from BNP Paribas SA to Schroder Investment Management Ltd in the past year, the asset management units… Read More ›