Siemens expect the deal to lift its EPS within 3 years of this merger. Within 4 years of the closure of this acquisition, Siemens expects its EBIT to jump by $108 million. In a strategic move aimed at strengthening its… Read More ›
Creativity
Jaguar to launch its luxurious I-PACE SUV in 2018
It is expected to match if not exceed amenities provided by Tesla’s Model X. The Jaguar is after all a symbol of class. Southern California is certainly not new to tech offerings, but a battery-powered Jaguar SUV is certainly a… Read More ›
Trump win lifts the USD to its 9-month high
With Donald Trump in the U.S., Britain could cozy up to the U.S. once it triggers Brexit negotiations. Following the surprising win of Donald Trump, the USD has climbed to its 9 month high against a basket of major currencies…. Read More ›
Transitional deal is key before the starting of Brexit talks – RBS Chairman
Although Britain’s negotiation strategy could revolve around its coveted financial centre, that however could fall flat and be a non-starter if large banks, which form the core of its financial services, were to relocate to other EU states in order… Read More ›
Hyperloop One to have another funding round in early 2017
According to a feasibility study, if Hyperloop One were to connect Stockholm with Helsinki, the trip would take roughly 30 minutes. Using current transport systems you will have to take a ferry overnight through the Baltic. Hyperloop One’s founders have… Read More ›
Alibaba’s Single’s Day sales whizz pass $5 billion in 1 hour
Analysts expect the event to rack up $20 billion in sales this year, up from $14 billion last year. Chinese e-commerce giant, Alibaba Group Holding Ltd has made the stunning disclosure that it racked up more than $5 billion in… Read More ›
Impact of Trump’s proposals on the U.S economy
Trump’s win has a silver lining: If he were to follow through with his economic proposals vis-a-vis trade and immigration, they could fuel inflation and boost wages, something that the Federal Reserve has been struggling with for the last couple… Read More ›
Tesla to acquire Grohmann Engineering for undisclosed sum
The purchase will boost its automated manufacturing systems. Tesla Motors has disclosed in a blogpost that it is all set to acquire German based Grohmann Engineering, for an undisclosed amount. The acquisition will help it improve its automated manufacturing process…. Read More ›
Ford to create its 2nd largest technological setup in Chennai, South India
The centre, set to be operational in early 2019, will include labs and test facilities as well as teams working on financial data analytics. Ford Motors Co has disclosed it will be investing $195 million (13 billion rupees) in business… Read More ›
Britain preparing legislation to trigger Article 50
Since divorcing the EU is likely to significantly dent its business potential, Theresa May has started a whirlwind tour to offset this loss, explore further business opportunities and kickstart the stalling British economy. Sky News has reported that Theresa May’s… Read More ›
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