Author Archives
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Amazon looking to expand its footprint in France
Amazon is on the prowl in France. The online retailer aims at entering the country either theough the acquisition route or buying a stake in a French supermarket. French Newspaper Le Monde has reported citing sources familiar with the matter… Read More ›
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British Airlines Monarch files for Administration leaving behind 110,000 customers overseas
The airlines has canceled all future bookings. The British government is making efforts at bring back all of Monarch’s stranded passengers back to the UK. On Monday, in a development that has prompted what is slated to be Britain’s biggest… Read More ›
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U.S. investors prefer growth over quality
Although the share prices of companies with high sales volumes have significantly outperformed quality stocks thanks to the loose monetary policies by the Fed, the market dynamics however is likely to reverse with the Fed deciding to gradually taper down… Read More ›
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Saudi Arabia’s Capital Market Authority lowers entry barriers for investors as part of its strategic Vision 2030 plan
With its Vision 2030 plan, Saudi Arabia is inviting domestic and foreign investors to invest in its economy as it tries to diversify and wean itself away from an oil-based economy. As per a presentation made by senior officials at… Read More ›
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Munich prosecutors arrest the former head of R&D at Porsche marking the first arrest in Germany following VW’s diesel emission scandal
While Wolfgang Hatz’s personal premises were searched by prosecutors in Germany, corporate locations were not part of the raid. As per a source familiar with the matter at hand, prosecutors from Munich have arrested a former member of Porsche board… Read More ›
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Amazon.com’s Whole Foods Market reports credit card information of consumers stolen its taprooms and restaurants
Since Whole Foods uses a different point-of-sales system at some of its stores, the data kep in those systems weren’t accessed by hackers. Hackers haven’t been able to touch any of Amazon.com’s data in its computer systems. In a significant… Read More ›
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Apple has reported a sharp increase in national security requests coming from the U.S. Government
National security letters (NSL) are a form of subpoena for communications data sent to service providers and are typically accompanied by a gag order. While not requiring a warrant, they imply that the target being surveyed is unaware of their… Read More ›
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U.S reactionary imposition of 220% duty on Bombardier has larger geopolitical consequences
Bombardier is a major employer in Northern Ireland, where a handful of legislators is keeping British Prime Minister Theresa May’s minority Conservative government in power. The British government has threatened to cancel 18 Boeing F-18 Super Hornet fighter jets unless… Read More ›
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Toyota partners with Mazda Motor Corp to develop electric vehicle technology
The declining costs of battery technology is heating up the race to place electric vehicles on the consumer market by 2020. In efforts aimed at shortening the lead between its rival and itself, Toyota Motor Corp has establishing a new… Read More ›
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Probes by the European Union and the U.S. push China to crackdown on violators of intellectual property
China has sought so portray its crackdown on violators of U.S. & European intellectual property as its independent decision. China’s markets are famous for cheap knock offs of well-known European and U.S. brands for a tenth of their asking price…. Read More ›
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