Author Archives
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Airbus manages A320 costs by better managing its overheads
Production facilities which were earlier used for its A380 aircrafts will now handle its A320 line of aircrafts. According to Tom Williams, Airbus’s Chief Operating Officer for its A320 programme, the company is in the process of cutting costs for… Read More ›
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Alibaba’s accounting methods under scrutiny by the SEC
Although Cainiao’s business is capitally intensive and appears to be controlled by Alibaba it is unclear how much of this capital will be spent by Alibaba as opposed to its delivery partners. U.S regulators have started probing into the accounting… Read More ›
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NYDFS probing LendingClub Corp, to include other fintech companies as well
In the wake of rising defaults, NYDFS wants to ensure whether these fintech companies have done their due diligence and are in compliance with the state’s various statutes. LendingClub has also mentioned that it is in talks with the SEC…. Read More ›
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Brazilian corporate networks lag behind their peers on Cyber Security
As per a study done by BitSight, a security ratings company, Brazilian companies fare “significantly poorer” in cyber security among companies across major economies. This is a wake-up call before the country becomes a hacker’s nest. According to a study… Read More ›
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Oil prices hit their 7 months high of $50 a barrel
The U.S. government has reported a larger-than-expected drop in crude inventories. For the first time in seven months Brent crude rose to levels above $50 a barrel. Asian shares however did not ride this wave as they are still struggling… Read More ›
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The ECB could help finance Bayer’s acquisition of Monsanto
Does Bayer’s acquisition strategy of Monsanto factor in the ECB bond buying program? It would be brilliant if it has in fact factored that in. According to the terms of the European Central Bank’s bond buying program, Bayer would be… Read More ›
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Apple delving into charging technologies at stations
Apple has hired 4 electric vehicle charging experts including one from Google. According to sources familiar with the matter at hand, Apple is in the process of investigating how to charge electric cars. It is talking to station companies and… Read More ›
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Philippe Dauman and George Abrams puts up a legal challenge to Shari Redstone
The duo have alleged that Shari Redstone is attempting to hijack her father’s plans. In the wake of Sumner Redstone removing Philippe Dauman and George Abrams from the seven member of Viacom and CBS Corp, Dauman and Abrams have filed… Read More ›
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Germany’s GDP projected to grow at 1.7% this year
Strong Private consumption and government spending have boosted Germany GDP growth rate. As per available economic data, Germany’s GDP rose by 0.7% in the first quarter of this year thanks to higher construction investment and stronger private consumption. Analysts have… Read More ›
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Kelly Hoggan replaced by Darby LeJoye as head of TSA
Hoggan had come under fire from the U.S. House Oversight Committee for monetary matters as well as for his handling of security checks for huge queues at airports. According to an internal TSA memo, its head of security has been… Read More ›
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