After Uber and Lyft, WeWork is one of the companies of the United States whose decision and announcement to become publicly listed as a tech company this year is being closely watched by investor with enthusiasm and expectations. However the… Read More ›
Creativity
Bugatti’s Hyper Car Breaks The 300 Mph Barrier, Hits 305 Mph Record
A hyper car from Bugatti topped the 300 mph for the first time in history of cars. A modified version of its hypercar crossed 304 mph in a test drive. This test was carried out on Volkswagen’s Ehra-Lessien test track… Read More ›
Amazon And Walmart Race To Eliminate Single Use Plastic From Packaging In India
Two of the largest competitors for the retail market – both physical and online, Amazon and Walmart, who are fighting out to gain dominance in the very large and fast growing retail market in India, are also in a race… Read More ›
US-China Gives Signs Of Resumption Of Trade Talks
There were signs that trade talks could restart between the United States and China with the possibility of the next round of face-to-face talks taking place in September which is also the time when the impending fresh round of US… Read More ›
No concrete or credible proposal received on replacing Irish backstop: Ireland’s Foreign Minister Simon Coveney
Britain is staring at a cliffhanger Brexit. On Friday, according to a statement from Irish Foreign Minister Simon Coveney, the British government has yet to make credible and concrete proposals on replacing the mechanism known as the Irish backstop in… Read More ›
Juniper Networks Inc settles FCPA charge with more than $11.7 million: SEC
The SEC had found Juniper Networks Inc to be non-compliant with provisions of the Foreign Corrupt Practices Act (FCPA). The U.S. Securities and Exchange Commission stated, it has fined and settled with Juniper Networks Inc, a sum more than $11.7… Read More ›
Tesla hikes prices of some of its models in China
The depreciation of the Renminbi has led to a jump in import costs. On Friday, U.S. electric vehicles maker Tesla Inc stated, it has raised the price of some of its models in China. The development comes in the wake… Read More ›
Asian Economies Being Pushed Towards Recession By Trade War
There is a threat of a slowdown in the global economy as well as warning signals of a downturn that has rattled financial markets because of the trade war between the United States and China. While there is no immediate… Read More ›
Japan to increase scrutiny on foreign ownership of Japanese firms
Japan is taking steps to improve the monitoring of the ownership of its companies in industries which it considers as critical to its national security. According to two officials with knowledge of the matter at hand, Japanese officials are considering… Read More ›
Inverted yield curve pushes need for ultra-long bonds
There is renewed interest among U.S. Treasury officials in ultra-long bonds. As per a report from Bloomberg, U.S. Treasury Secretary Steven Mnuchin is seriously weighing the possibility of issuing ultra-long U.S. bonds. According to the report, the matter is “under… Read More ›