A deal has been reached between Microsoft Corp and AT&T Inc worth a total of $2 billion, according to sources quoted in reports, which would give access to the United States telecommunications company to the Azure cloud service of Microsoft… Read More ›
Creativity
Trade Tensions The Major Threat To Global Economy, Says The IMF
The global economy could be hit by $455 billion next year if the trade war between the United States and China continues in the way it is now, warned the International Monetary Fund. The global trade flows were being negatively… Read More ›
Bipartisan bill introduced in U.S. Congress targeting Huawei Technologies Co Ltd
The bipartisan legislation essentially boils down to Senator Tom Cotton’s notion that “American companies shouldn’t be in the business of selling our enemies the tools they’ll use to spy on Americans”. In a significant development, members of the U.S. Senate… Read More ›
Boris Johnson’s cunning plan for a no-deal Brexit
While there are a couple of scenarios by which Boris Johnson, Britain’s potential next Prime Minister, could deliver on his no-deal Brexit, the most cunning one involves removing them, temporarily of course, from having to deliberate on the issue. A… Read More ›
United Airlines to resume daily non-stop flights from India to the U.S. from September 6
Pakistan had imposed a flight ban on its airspace following Indian strikes on terror camps in its territory. Pakistan has now issued a NOTAM lifting that restriction. On Wednesday, United Airlines Holdings Inc stated, it would restart its daily nonstop… Read More ›
Meal delivery company Blue Apron to include Beyond Meat on menu from August
Items including Beyond Burger, will be included in Blue Apron’s Signature Two-Serving Plan. On Tuesday, in a development that underscores a growing trend in the adoption of vegetable meat by consumers, Blue Apron Holdings Inc, a meal kit delivery company… Read More ›
U.S. manufacturing improves marginally during second quarter
Manufacturing activity along with capacity utilization in the manufacturing sector are indicative of how much more the economy may be able to grow before inflation becomes a concern. There has been an acceleration in U.S. manufacturing output for the second… Read More ›
Indian government reins in auditing firms KPMG & Deloitte to global accounting standards
The Indian government has banned Deloitte Haskins & Sells LLP from doing business in the country following allegations of shoddy work and non-compliance to global accounting standards. In a significant development, Indian authorities have told a tribunal, Deloitte Touche Tohmatsu’s… Read More ›
Jonathan Symonds likely to be GlaxoSmithKline Plc’s chairman
Jonathan Symonds is HSBC’s deputy chairman. His appointment to the post, still under negotiations, will be subject to approval from banking regulators. Bloomberg has reported citing a source familiar with the matter at hand as saying, GlaxoSmithKline Plc is in… Read More ›
Amazon’s new warehouse in Germany will create 2800 new jobs
Amazon plans on opening a new warehouse in Germany’s western city Moenchengladbach, by the end of this year. Amazon.com Inc, the world’s biggest online retailer stated, it plans on opening a new warehouse in Germany later this year. The move… Read More ›