The deal could help redefine Baker Hughes following its failed merger with Halliburton. The Wall Street Journal has reported citing sources familiar with the matter at hand, General Electric Co is close to sealing a nearly $30 billion to merge… Read More ›
Creativity
Uber sees commuters travelling in VTOL planes in the next decade
Uber has a vision that could revolutionise transportation. In early 2017, it plans on hosting a summit wherein it hopes to lay out a potential roadmap. According to Uber, the future of transportation is literally looking up: it envisages commuters… Read More ›
EU-Canada deal postponed until further notice
Although 27 EU states agreed on CETA, the South of Belgium had concerns related to agricultural imports which could result in MNCs dictating terms of public policy as well as those related to dispute settlements. Belgian politicians appear to be… Read More ›
Apple adds Touch ID and Touch Bar to its laptop, hikes prices
With the market for laptops continuing to dip, it would appear that Apple is wanting more mileage out of its existing product line: the design of the MacBookPro has not changed since 2013, but prices have been hiked by several… Read More ›
Daimler’s 1st pure EV will be manufactured in Bremen
The model will be based on the sporty SUV coupe-styled EQ vehicle that it displayed in the Paris auto show last month. Daimler, Mercedes-Benz’s parent has stated that its first new EQ electric vehicle under the Mercedes-Benz brand will be… Read More ›
The coming of age of Tesla
For the first time, Tesla Motors has turned a profit. On that note, Musk has clarified that the company’s Model 3 will not need fresh capital infusion and that its deliveries are as per schedule. Tesla has also significantly reduced… Read More ›
Samsung Electronics changes QA after Galaxy Note 7 fiasco
Following Galaxy Note 7’s withdrawal from the market, Samsung Electronics is aiming to install a more rigorous scrutiny in its quality assurance process. It has also called for an extraordinary meeting to decide on issues related to the divesting of… Read More ›
Boeing posts strong cash flow, despite slowdown in production
Analysts are closely watching the deferred production cost for Boeing 787 Dreamliner, which declined by $150 million to $27.5 billion, The world’s largest airplane manufacturer, Boeing has reported its third quarter results which have defied analysts’ profit expectations. Strategic cost… Read More ›
Target to extend free shipping till January 1
It plans on deploying free shipping as a tool to fight off rivals which includes Amazon.com. It expects strong growth in the apparels, toys and home décor categories. With retailers facing a lackluster year so far, Target Corp is likely… Read More ›
Spanish rival joins Carlos Slim’s consortium to bid for $3.5billion Mexico airport terminal
Slim has already won the bid for building the airport’s runway. The wining of a further bid will consolidate his construction business and set off the losses from his telecom venture. As per 5 sources familiar with the matter at… Read More ›