Author Archives

• Didi Chuxing ploughs in $6 billion into its ride-hailing business

  By admin1 on March 28, 2017 • ( 0 )

  

  Although Didi has got big names backing it, in China, Didi it is increasingly facing regulatory issues. Bloomberg has reported citing people familiar with the matter at hand, Didi Chuxing, a Chinese ride-hailing firm, is weighing its options to invest $6… Read More ›

• Elon Musk’s Neuralink could interface your brain to a computer

  By admin1 on March 28, 2017 • ( 0 )

  

  Registered as a medical research company, Neuralink is currently hiring academics who are experts in this field. The Wall Street Journal has reported citing sources familiar with the matter at hand, that Elon Musk, Tesla’s and SpaceX’s co-founder has launched… Read More ›

• Qatar could play a supporting role for Britain after Brexit

  By admin1 on March 28, 2017 • ( 0 )

  

  Qatar along with other gulf states is aiming to enter into a free-trade agreement with Britain. Just a day before British Prime Minister Theresa May triggers Brexit negotiations with the EU, Qatar has pledged $6.3 billion (5 billion pounds) for… Read More ›

• ECB’s will provide sufficient time for banks moving out of Britain

  By admin1 on March 27, 2017 • ( 0 )

  

  Banks based out of Britain who want to retain their passporting rights and still able to tap EU’s single market will be given enough time, possibly in years. Sabine Lautenschlaeger, an executive board member of the European Central Bank has… Read More ›

• Qatar Investment Authority opens office in NY

  By admin1 on March 27, 2017 • ( 0 )

  

  The sovereign wealth fund is in the process of diversifying its portfolio into the US and Asia. As per the CEO of one of the Gulf’s most acquisitive sovereign wealth fund, the Qatar Investment Authority, the company is setting down… Read More ›

• Viacom’s shares have the potential to rise by 40% by next year: Barron’s

  By admin1 on March 27, 2017 • ( 0 )

  

  Currently the Viacom’s shares are trading at $43 per share, down by 39% over the last two years. Barron’s has predicted that Viacom’s shares could appreciate by as much as 40% by next year with its new CEO, Bob Bakish,… Read More ›

• Uber discontinues the usage of self-driving cars in its fleet after accident

  By admin1 on March 27, 2017 • ( 0 )

  

  Uber is withdrawing from the driverless car project, pending the results of an investigation into the accident. Uber is playing it safe. With one of Uber’s autonomous vehicle crashing on a roadway in Arizona, the ride-hailing company has suspended its… Read More ›

• British manufacturers to brunt of a hard Brexit

  By admin1 on March 27, 2017 • ( 0 )

  

  The British manufacturing industry along with its financial and banking sector is likely to bear the brunt of a hard Brexit strategy. Today, British manufacturers have told Prime Minister Theresa May, it would be prudent to drop the threat of… Read More ›

• Fund managers migrating funds to emerging markets midst U.S. interest rate hikes

  By admin1 on March 24, 2017 • ( 0 )

  

  Emerging economies are seen as having a better economy and ability to pay, thus the migration in funds. Thanks to the rise of short term interest rates in the U.S, bond fund managers are increasingly migrating towards debt markets in… Read More ›

• Amazon wins $1.5 billion tax case with IRS, negatively skews its domestic and European tax profile

  By admin1 on March 24, 2017 • ( 0 )

  

  With the judgement of the case being delivered less than a week before the end of the coming financial year, its tax profiles could be significantly affected. In a significant win for Amazon.com Inc, the world’s biggest online retailer has… Read More ›