Author Archives

• Google Raided by Facebook to Get Head for New Lab

  By admin2 on April 14, 2016 • ( 0 )

  

  Poaching the former director of the US research agency DARPA to lead a new research and development lab focused on large technological leaps, Facebook has hired Regina Dugan from Google. The new unit called Building 8 will create products to… Read More ›

• Warning of Stagnation Risk Issued by IMF as it Cuts Global Growth Forecast

  By admin2 on April 12, 2016 • ( 0 )

  

  Citing reasons of China’s slowdown, persistently low oil prices and chronic weakness in advanced economies, the International Monetary Fund cut its global growth forecast for the fourth time in the past year on Tuesday. The global economy would grow at… Read More ›

• Veil on Arms Program of Secretive North Korea Lifted as it Declassifies Information

  By admin2 on April 12, 2016 • ( 0 )

  

  Showcasing its push to develop long-range nuclear missiles despite international sanctions, secretive North Korea is revealing details of its weapons development program for the first time ahead of a rare ruling party Congress next month. With foreign governments and experts… Read More ›

• Allianz Global CEO Identifies ‘Brexit’ as the Biggest Risk Facing Europe

  By admin2 on April 9, 2016 • ( 0 )

  

  The greatest risk facing the region is the U.K. referendum on its membership of the European Union, says the vice-chair of financial services firm Allianz Global Investors, reported CNBC. Regardless of the outcome of the vote on June 23, it… Read More ›

• Panama Papers Leak has Left Europe Reeling

  By admin2 on April 8, 2016 • ( 0 )

  

  While may be just a handful was aware of the Panamanian law firm Mossack Fonseca before the weekend fewer perhaps considered Panama a key global financial center. However the world’s financial and political leaders have been rocked by disclosures of… Read More ›

• Traders say Global Copper Market Set to Shake up as China Plans to Export its Stockpile

  By admin2 on April 8, 2016 • ( 0 )

  

  The stockpiles of copper in China are near record highs and analysts are of the opinion that the country may be about to shock the global copper market by unleashing its stockpiles onto the global market. In the next few… Read More ›

• Q1 Sale of Ford Motor Rise 14% in China with 5% Rise in March Sale

  By admin2 on April 7, 2016 • ( 0 )

  

  While sales of Ford-branded vehicles rose 5% in March 2016, compared to the same month last year, its Q1 sales in China increased 14% compared to the same period last year, the Ford Motor Company has reported. Q1 vehicle sales… Read More ›

• Hopes Rise for Samsung Smartphone Recovery as it’s Profits Beats Expectations

  By admin2 on April 7, 2016 • ( 0 )

  

  Beating expectations and pointing to strong sales of its new Galaxy S7 smartphones, tech giant Samsung Electronics said on Thursday its first-quarter operating profit likely rose 10.4 percent from a year earlier. After a healthy start for new premium products and… Read More ›

• Amazon, Microsoft in Talks to Acquire Stake in HERE, Confirms Daimler

  By admin2 on April 6, 2016 • ( 0 )

  

  Daimler confirmed on Wednesday that talks were on between Amazon and Microsoft with Germany’s luxury carmakers for taking a minority stake in HERE to help develop self-driving cars. HERE is a digital mapping business that is controlled by a Germany carmakers’… Read More ›

• DoD, DHA Gives $139M Contract to McKesson’s RelayHealth for its Messaging Solutions

  By admin2 on April 6, 2016 • ( 0 )

  

  A $139 million five-year contract for RelayHealth’s patient engagement and interoperable secure messaging solutions has been awarded by the Department of Defense (DoD) and the Defense Health Agency (DHA), McKesson announced on Wednesday. Patients, physicians, physician assistants, nurse case managers,… Read More ›