Author Archives

• Memory market likely to recover this year: Micron Technology

  By admin1 on March 21, 2019 • ( 0 )

  

  Although its second quarter profits have beaten analysts’ estimate, its profit forecast for the third quarter is well below Wall Street’s expectations. U.S. chipmaker Micron Technology Inc stated, it sees a recovery in the memory chip market in the coming… Read More ›

• South Korean antitrust regulator KFTC lowers decade old fine on Qualcomm to $200 million

  By admin1 on March 21, 2019 • ( 0 )

  

  The cut in the fine comes in the wake of a Supreme Court ruling. The Korea Fair Trade Commission has made it clear that it will not tolerate a “monopolist enterprise’s abuse of its market position …” On Thursday, South… Read More ›

• Most banks short of compliance under Basel rules

  By admin1 on March 20, 2019 • ( 0 )

  

  Basel rules were created so as to avoid a scenario wherein taxpayer’s money is used to bail banks in case of a financial crisis. On Wednesday, financial regulators warned, top international banks will collectively require $34 billion (30 billion euros)… Read More ›

• $1.32 trillion to leave London ahead of Brexit: EY

  By admin1 on March 20, 2019 • ( 0 )

  

  Asset managers, banks, and insurers in London are expanding their European operations or opening new offices there to avoid a disruption from Britain’s potentially chaotic departure from the European Union. On Wednesday, in a significant development, Earnest and Young (EY)… Read More ›

• Franco-German Doctolib gains unicorn status in latest funding round

  By admin1 on March 20, 2019 • ( 0 )

  

  Its latest funding round included existing investors including investment firm Eurazeo, France’s state-owned investment bank Bpifrance and venture funds Kernel and Accel. Doctolib, a Franco-German startup which created an online booking platform for doctors stated, it has raised 150 million… Read More ›

• Huawei’s cheap 5G equipment come with massive security implications

  By admin1 on March 19, 2019 • ( 0 )

  

  Apart from the asymmetry between the access that Chinese firms enjoy in foreign markets and the access China provides foreign companies in its markets, the real threat to national security is that China’s 2017 cybersecurity law obliges and forces citizens… Read More ›

• Brexit slashes Britain’s economic growth to lowest in a decade

  By admin1 on March 18, 2019 • ( 0 )

  

  The British Chambers of Commerce (BCC) has warned of greater economic harm if the geo-political scenario does not quickly get a more stable footing. As per the British Chambers of Commerce (BCC), companies across industry segments are looking to cut… Read More ›

• May grows more cautious for Tuesday’s Brexit vote in parliament

  By admin1 on March 18, 2019 • ( 0 )

  

  Tomorrow’s vote will depend on whether May has the numbers backing the deal. On Monday, Britain’s Foreign Minister Jeremy Hun stated, the Britain’s government will only hold another meaningful vote on Prime Minister Theresa May’s Brexit deal on Tuesday provided… Read More ›

• U.S. Transportation Department investigating Boeing 737-8 MCAS

  By admin1 on March 18, 2019 • ( 0 )

  

  The Transportation Department’s probe is focusing on whether the FAA used appropriate design standards and engineering analyses in certifying the aircraft’s anti-stall system. According to a report by the Wall Street Journal citing sources familiar with the the matter at… Read More ›

• Principal Financial Group Inc eyeing to purchase Wells Fargo & Co’s retirement plan services business

  By admin1 on March 18, 2019 • ( 0 )

  

  If all goes well with the potential deal, worth possibly more than $1 billion, an announcement could be made later this month. According to sources familiar with the matter at hand, Principal Financial Group Inc is in advanced talks to… Read More ›