Author Archives

• Alphabet’s revenues rise beats analyst’s expectations

  By admin1 on July 29, 2016 • ( 0 )

  

  Revenues from advertising from mobile devices have been the company’s growth engines – a strategic shift from the past. Alphabet Inc.’s efforts to leverage its sizeable advertising business in mobile computing has paid off with its second quarter earnings giving… Read More ›

• Samsung expects strong second quarter results

  By admin1 on July 28, 2016 • ( 0 )

  

  Samsung’s second quarter earnings are set to rise on the back of strong demand for electronic components and the launch of new smartphones. South Korean electronics giant, Samsung Electronics Co Ltd has disclosed that it expects its results for the… Read More ›

• Shanghai Fosun Pharmaceutical Group Co Ltd acquires Gland Pharma for $1.4 billion

  By admin1 on July 28, 2016 • ( 0 )

  

  Gland Pharma’s backers include U.S. based KKR & Co LP while Shanghai Fosun Pharma has Guo Guangchang, China’s best known entrepreneur, as its founder. According to sources with direct knowledge of the matter at hand, the Shanghai Fosun Pharmaceutical Group… Read More ›

• Numerous British surveys shows the impact of Brexit on Britain’s economy

  By admin1 on July 28, 2016 • ( 0 )

  

  This is a good time to invest in properties in Britain. Property prices have taken a direct hit following Brexit. The impact of Britain’s historic decision to leave the European Union is now making its presence felt across Britain with… Read More ›

• India replaces China for Apple’s growth engine

  By admin1 on July 27, 2016 • ( 0 )

  

  Its growth rate in India has jumped by 51%. In a development that has soothed the ruffled feathers of industry analysts, Apple has reported that it has sold more iPhones than Wall Street had estimated thus enabling its revenues to… Read More ›

• Britain woos companies with a discount of upto 90% for oil and natural gas

  By admin1 on July 27, 2016 • ( 0 )

  

  The region that it has now opened up was subjected to a seismic testing campaign last year. In a bid to contain the fallout of its historic vote, Britain has now drastically reduced its rental fees in its latest tender… Read More ›

• VW settles U.S claims with $15.3 billion

  By admin1 on July 27, 2016 • ( 0 )

  

  However, VW is still on in the all clear. It will have to wait till October 18 wherein U.S. District Judge Charles Breyer will pronounce his verdict in a final approval. In a significant development in Volkswagen AG’s history, a… Read More ›

• Zenefits settles with Tennessee regulators for $62,500

  By admin1 on July 26, 2016 • ( 0 )

  

  However investigations are still ongoing at Washington, Massachusetts and California. The company will count itself lucky if it can get off as lightly as this. According to officials from the state of Tennessee, Zenefits must pay the state $62,500 for… Read More ›

• SK Hynix reports drop in second quarter profits

  By admin1 on July 26, 2016 • ( 0 )

  

  The launch of premium electronic products in the third quarter are likely to lend support for its DRAM and NAND chips. South Korean memory chip manufacturing giant, SK Hynix Inc. has reported a fall in its second quarter profits, its… Read More ›

• Amazon exploring possibility of using drone delivery tech in UK

  By admin1 on July 26, 2016 • ( 0 )

  

  According to the Federal Aviation Administration separate regulation will be required before this service can commence in the U.S. In a significant development, Amazon.com has reported that it has entered into a partnership with the British government so as to… Read More ›