Author Archives
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Polls Show Momentum for Brexit Resulting in Fall of Pound and Volatility Jump
Reviving concern the June 23 referendum will throw global markets into turmoil and undermine confidence in the 28-nation trading bloc, polls showed more Britons favored quitting the European Union and the pound dropped to a three-week low. Three surveys on Monday… Read More ›
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Possible Bidders Circling Avianca Include United Continental and Delta
As airlines around the world seek combinations to help them withstand fierce competition and bulk up internationally, the United Continental Holdings Inc. and Delta Air Lines Inc. are among suitors considering bids for Avianca Holdings SA, reported the Wall Street… Read More ›
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India Pitched Before Silicon Valley by the Country’s Market Regulator
With the intention of encourage more investment in his country’s thriving technology startups and to promote rule changes in his country protecting minority shareholders, the head of India’s financial markets regulator visited Silicon Valley this week. Investors in India’s over-4,000… Read More ›
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Price Target on Apple Inc cut by Goldman Sachs
Reflecting an indication of a potentially lower growth rate from the smartphone industry, investment bank Goldman Sachs cut its price target on Apple on Thursday. Earlier, the bank had also reduced its forecast for the global smartphone unit growth. Goldman Sachs… Read More ›
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With $2.8 Billion Demandware Buy, Salesforce Takes Aim at E-Commerce
Demandware Inc, whose software is used by businesses to run e-commerce websites, would be bought over by cloud-based software maker Salesforce.com Inc. the latter company said on Wednesday. The deal is expected to be worth about $2.8 billion. As Salesforce… Read More ›
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India’s `Google Tax’ Introduced from June 1, Could Backfire
India has decided to take the fight to the mighty while governments around the world are shocked how little taxes multinationals pay. From Wednesday, the Indian government would collect 6 cents out of every dollar that Indian merchants pay to advertise their… Read More ›
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China’s Industrial Robots Market is being Infested by Deceit
Domestic companies in China which have fraudulently obtained vast amounts of subsidies from various local governments have allegedly overrun the mainland China’s growing robotics sector say industry insiders. “The industry is now in a subsidies-driven bubble. It’s time to launch… Read More ›
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Essay Writing Industry ‘Booms’ as Students Demand Tailor-made Coursework
While for most writing an essay becomes a thing of the past soon after one sets foot out of universities and steps into the world of work, for some the dissertation is just the beginning. This is so because the… Read More ›
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Lufthansa Cancels flights to Caracas Indicating Venezuela’s Growing Isolation
In the latest sign of Venezuela’s growing isolation and economic, social and political turmoil, the German airline Lufthansa cancelled its flights between Germany and the South American socialist country over the weekend. According to the International Monetary Fund, with hyperinflation averaging… Read More ›
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Security at Euro 2016 a Major Concern for France
The Euro 2016 tournament that kicks off in two weeks will be a nightmare for French security forces already worn down by last year’s terrorist attacks and ongoing political protests is Saturday night’s soccer match between Paris Saint-Germain and Marseille… Read More ›
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