Author Archives
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A Discount of 40% being Offered for Renting of World’s Biggest Jetliner
With the aim of spurring demand for the second-hand jets leasing firm Doric is offering its used Airbus Group SE A380 superjumbos at a 40 percent discount compared to the $2 million-plus monthly rental rate for a new plane. Sibylle… Read More ›
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Contract Worker Rights Ruling by US Labor Board Opposed by Microsoft
Arguing that a case by a U.S. labor board would have big implications for the technology company, Microsoft Corp has asked a federal court to throw out a ruling by the board extending the responsibility of companies for contract workers…. Read More ›
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Tony Seba Predicts Lower Maintenance Costs would Soon Make Electric Cars Cheaper than Regular Cars
Tony Seba, a serial entrepreneur and author believes that cost-effectiveness rather than a green revolution would make all new vehicles being bought to be electric by 2025. Tony Seba opined these views at a Nomura investment forum. The internal combustion… Read More ›
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A Big Change in Code and China Results in Bitcoin hitting a 2-Year High
Due to a rule written in the cryptocurrency’s code which could tighten its supply and as it becomes a safe-haven bet amid broader macroeconomic worries, the price of bitcoin has hit its highest level in more than two years. Touching its… Read More ›
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RBS Sued for $184 Million over Alleged Conspiracy by UK Businessman
In the latest case to allege misconduct by the bank’s restructuring division, RBS has been alleged to have conspired to push the business into administration to benefit from its sale by the former CEO of a software company who is… Read More ›
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Study Finds it would Cost Wal-Mart $4.95 Billion if it Hiked Wages to $15 per hour
According to an estimate by the UC Berkeley Center for Labor Research, if Wal-Mart Stores Inc were to raise the minimum wage for its hourly employees in the United States to $15 per hour from the current $10 per hour,… Read More ›
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Lenovo to Challenge Apple, Samsung with its Augmented Reality Smartphone – PHAB2 Pro
With the aim to augment its challenge to Apple and Samsung, the Chinese electronics giant Lenovo is banking on its joint venture with Google to launch a smartphone with augmented reality and a new handset from subsidiary Motorola with a… Read More ›
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Industry Claims 120,000 jobs Lost in North Sea Region due to Oil Downturn
The down turn in the global oil and gas industry ever since the oil prices started sliding in 2014 has seen nearly 8,000 jobs getting lost from the North Sea oil and gas industry in the UK while 120,000 roles… Read More ›
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Health of your Heart can now be Measured by New Home Scales
A set of scales that can check the health of your heart as well as your weight has been designed by consumer electronics firm Withings, the company claims. Pulse wave velocity, which is produced by the beating of the heart… Read More ›
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Markets may Conflate Year’s Biggest Risks – ‘Brump’ or ‘Trexit’?
Two events that are being touted to have almost equal economic impact are drawing absolutely opposite reactions from the market which has puzzled many economists and market experts. While the market in Europe and specifically in the UK have seen… Read More ›
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