Author Archives

• Riyadh looking to save billions in unfinished projects

  By admin1 on April 17, 2017 • ( 0 )

  

  Projects with high social welfare and business justifications are unlikely to see a funding cut. While investors in the U.S. are pouring in funds into shale oil, the Saudi government is looking into ways to recoup its investments, running into… Read More ›

• Hedge funds and non-public private funds pour in money into U.S. shale

  By admin1 on April 17, 2017 • ( 0 )

  

  Technological advancements in shale oil have made it possible to significantly slash sunken costs. This is primarily the reason why investors are pouring in funds in the U.S. shale sector knowing that even if it were to hit $40 a… Read More ›

• Apple teaming up with Foxconn for Toshiba’s chip unit

  By admin1 on April 14, 2017 • ( 0 )

  

  Apple’s allays national security concerns of Japan and the U.S. despite its teaming up with Foxconn. In the latest development in the saga of Toshiba’s chip unit sale, Japanese new agency NHK has reported that Apple Inc is considering teaming… Read More ›

• Western Digital Corp tries to arm twist Toshiba for entering into exclusive talks

  By admin1 on April 13, 2017 • ( 0 )

  

  Western Digital has more than its foot in the door and is trying to capitalize on its existing joint venture with Toshiba. In a development of strategic nature, Western Digital Corp has shot off a letter to Toshiba, with whom… Read More ›

• UK Chamber of Shipping underscores the need for a transitory agreement between the EU and Britain

  By admin1 on April 13, 2017 • ( 0 )

  

  Without a transitory agreement which governs the customs at ports, May is likely to find it hard to provide seamless, frictionless trade. As per the head of Britain’s ports and shopping industry, the introduction of physical customs checks following Brexit… Read More ›

• Broadcom emerges as the highest bidder in the first round of bidding for Toshiba’s chip unit

  By admin1 on April 13, 2017 • ( 0 )

  

  Foxconn is a close second. Japan, U.S. and Taiwan will have to coordinate more closely so that the Chinese don’t get their hands on U.S. nuclear technology, which has the potential for dual use. As per a source briefed on… Read More ›

• The British agricultural sector likely to bear the brunt of Brexit

  By admin1 on April 11, 2017 • ( 0 )

  

  Here is the likely scenario of the British farmer in a post-Brexit world. It is interesting to see how one referendum has such widespread impact. Following Brexit Britain will be radically overhauling its agricultural policy since it will no longer… Read More ›

• Toshiba files quarterly earning without PwC’s endorsement

  By admin1 on April 11, 2017 • ( 0 )

  

  The move has put immense pressure on the Tokyo Stock Exchange. With the U.S. and Japan huddling together to block a common foe, China, it is to be seen how Foxconn’s offer, which is $10 billion more than Toshiba’s internal… Read More ›

• EU to focus on green, risk and infrastructure financing after Brexit

  By admin1 on April 11, 2017 • ( 0 )

  

  Here’s how the European Commission will steer the bloc after Brexit. The vice president of the European Commission has disclosed that following the Brexit negotiations the bloc will turn its focus towards boosting the green economy, infrastructure and risk finance… Read More ›

• Tesla dethrones GM as the most valuable car company in the U.S

  By admin1 on April 11, 2017 • ( 0 )

  

  For the first time the most valued carmaker isn’t based out of Detroit, but out of Silicone Valley, California. In a significant milestone for Tesla, the luxury auto manufacturer has edged out General Motors too become the most valuable car… Read More ›