The company;s portfolio is likely to allow it to improve and feed the demand for better battery technology and lighter, fuel efficient vehicles. To this end, its cobalt, zinc and aluminium mines in Zambia, Congo and India are likely to… Read More ›
Creativity
Britain eyeing customs deals as enjoyed by Turkey with the European Union
The stance has been portrayed as wanting to have the cake and eat it. If the EU were to agree to it, it could encourage other member states to follow Britain’s example. In what could be potentially a sticky point… Read More ›
Japan Is The Country Where Probably Robots Would First Take Over, If They Ever Do So
Starting with everyday workers who fear being replaced by machines to visionaries like Elon Musk, who once compared A.I. to “summoning the demon” in a horror film, artificial intelligence has no shortage of critics. But according to Rob Subbaraman, chief economist… Read More ›
Weak oversight surrounds Wisconsin-Foxconn LCD Screen plant deal: Legislative Audit Bureau
Given Foxconn’s global track record in job creation and the systemic deficiencies in the Wisconsin Economic Development Corporation’s working, Foxconn’s LCD screen manufacturing plant in Wisconsin has significant challenges ahead. Going by audits conducted at the state of Wisconsin, the… Read More ›
Tesla’s balance sheet boosted with $1.8 billion junk bond issue
Tesla will channel the fund to ramp up the production of the Model 3 by nearly 6 times their current levels. Tesla’s Balance sheet got a boost when yield-hungry investors snapped up Tesla’s $1.8 billion junk bond, as they raced… Read More ›
North Korean textiles factories humming with Chinese orders
This eye opener throws new light on Chinese business practices. With the United Nations imposing economic sanctions on North Korea, China, its only ally, has found a new way to circumvent the sanctions and continue doing business with its ally…. Read More ›
Kaspersky Labs withdraws antitrust complaint against Microsoft
While the amicable solution will give Kaspersky more elbow room in the hotly competitive antivirus market, the detente comes midst a slew of allegations that it is vulnerable to influence from the Russian government. Russian cyber security firm Kaspersky Lab… Read More ›
GE CEO’s $2.7 million GE stock purchase underscores his confidence in the company
John Flannery is pushing to improve Ge’s overall profitability. The move highlights his confidence in the company’s future. As per a regulatory filing, John Flannery, General Electric Co’s new CEO has been buying nearly $2.7 million in GE stock in… Read More ›
Tax Reform framework to be released in September: White House
The skeletal framework will not be accompanied by any tax legislation. Instead, it will act as a foundation for a tax bill. According to three sources familiar with the matter at hand, the White House plans on releasing a brief… Read More ›
North Korea will gain Guam strike capability in mid-August
With North Korea’s state media revealing details of the strike capability, it would appear that the China-backed regime is baiting the Donald Trump. North Korea’s state media has disclosed that it will be in a position to launch four intermediate… Read More ›
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