Author Archives

• General Electric in early discussion with Baker Hughes for potential acquisition

  By admin1 on October 28, 2016 • ( 0 )

  

  Although GE has portrayed this discussion as one related to a partnership, the Wall Street Journal has cited an anonymous source, who’s familiar with the matter at hand, saying the discussions are for a potential acquisition. Reuters has cited a… Read More ›

• EU-Canada deal postponed until further notice

  By admin1 on October 28, 2016 • ( 0 )

  

  Although 27 EU states agreed on CETA, the South of Belgium had concerns related to agricultural imports which could result in MNCs dictating terms of public policy as well as those related to dispute settlements. Belgian politicians appear to be… Read More ›

• Apple adds Touch ID and Touch Bar to its laptop, hikes prices

  By admin1 on October 28, 2016 • ( 0 )

  

  With the market for laptops continuing to dip, it would appear that Apple is wanting more mileage out of its existing product line: the design of the MacBookPro has not changed since 2013, but prices have been hiked by several… Read More ›

• Daimler’s 1st pure EV will be manufactured in Bremen

  By admin1 on October 27, 2016 • ( 0 )

  

  The model will be based on the sporty SUV coupe-styled EQ vehicle that it displayed in the Paris auto show last month. Daimler, Mercedes-Benz’s parent has stated that its first new EQ electric vehicle under the Mercedes-Benz brand will be… Read More ›

• The coming of age of Tesla

  By admin1 on October 27, 2016 • ( 0 )

  

  For the first time, Tesla Motors has turned a profit. On that note, Musk has clarified that the company’s Model 3 will not need fresh capital infusion and that its deliveries are as per schedule. Tesla has also significantly reduced… Read More ›

• Samsung Electronics changes QA after Galaxy Note 7 fiasco

  By admin1 on October 27, 2016 • ( 0 )

  

  Following Galaxy Note 7’s withdrawal from the market, Samsung Electronics is aiming to install a more rigorous scrutiny in its quality assurance process. It has also called for an extraordinary meeting to decide on issues related to the divesting of… Read More ›

• Boeing posts strong cash flow, despite slowdown in production

  By admin1 on October 27, 2016 • ( 0 )

  

  Analysts are closely watching the deferred production cost for Boeing 787 Dreamliner, which declined by $150 million to $27.5 billion, The world’s largest airplane manufacturer, Boeing has reported its third quarter results which have defied analysts’ profit expectations. Strategic cost… Read More ›

• Target to extend free shipping till January 1

  By admin1 on October 26, 2016 • ( 0 )

  

  It plans on deploying free shipping as a tool to fight off rivals which includes Amazon.com. It expects strong growth in the apparels, toys and home décor categories. With retailers facing a lackluster year so far, Target Corp is likely… Read More ›

• Spanish rival joins Carlos Slim’s consortium to bid for $3.5billion Mexico airport terminal

  By admin1 on October 26, 2016 • ( 0 )

  

  Slim has already won the bid for building the airport’s runway. The wining of a further bid will consolidate his construction business and set off the losses from his telecom venture. As per 5 sources familiar with the matter at… Read More ›

• Canada needs free trade deal with EU for its economic growth

  By admin1 on October 26, 2016 • ( 0 )

  

  With its trade deal with the U.S. under stress, the Canadian negotiation team need to up their game and bring home CETA for the good of their economy. A free trade deal with the EU will see an almost 20%… Read More ›