On Thursday, Joe Kaeser, Siemens’ Chief Executive disclosed, he perceived a more positive mood among his client. “They are getting more optimistic for the second half of the year than they have for the first half and actually 2019,” said… Read More ›
Economy & Finance
Japan’s Mercari acquires Origami as cashless payments spreads in Japan
On Thursday, Mercari Inc, a fleamarket app operator stated, it has decided to acquire QR code payment app operator Origami for an undisclosed sum. The deal marks the latest consolidation in the industry even as cashless payments take off in… Read More ›
Johnson & Johnson Beats Market Expectations For Q4 Profits
Profits for the fiscal fourth quarter for Johnson & Johnson beat market expectations but the company’s revenue in the same period missed market expectations by a small margin, the company announced on Wednesday. J&J reported adjusted earnings per share of… Read More ›
Major Opportunity In Healthcare For Use Of AI, Says Google CEO
Among industries, the greatest potential of using artificial intelligence to improve outcomes is the health care industry, said Sundar Pichai, the CEO of Alphabet Inc and its Google subsidiary. He also vowed that all concerns about privacy would be taken… Read More ›
Whether An Employee Can Plan Rival Startup While On Job To Be Tested In Apple’s Lawsuit
A court case involving a former Apple Inc executive is trying to establish whether it is justified for an employee to plan a competing venture or a startup even while he or she is on the payroll of a company…. Read More ›
New Survey Shows Erosion In Trust On Capitalism Due To Increasing Wealth Inequality
A survey conducted by public relations firm Edelman just prior to the gathering of the politicians and business tycoons of the world in the Swiss ski resort of Davos has revealed that there is a loss of confidence in capitalism… Read More ›
SARS-Like Coronavirus Outbreak Puts Chinese Travel Industry In A Spot
In the wake of a nationwide fears in China related to a new virus, cancellation fees for trips to the central Chinese city of Wuhan are being waivered by China’s biggest online travel agency, said reports. The 2020 Lunar New… Read More ›
Chinese strategy of wearing down opponent with prolonged negotiations not working, EU won’t meet China halfway in investment talks: EU Trade Chief
During a press conference held by business lobby group BusinessEurope, EU trade chief Phil Hogan made it amply clear that the European Union wants China to protect foreign investment and increase access to its investment market in 2020. The EU… Read More ›
US To Review Complaints Of Sudden Acceleration Of About 500,000 Tesla Cars
Following reports of sudden unintended acceleration in Tesla cars, authorities in the United States has decided to investigate and recall about 500,000 vehicles of the US based electric car maker. This was announced by the National Highway Traffic Safety Administration… Read More ›
Chips And Electric Car Batteries Should Be Made In Europe, Says Angela Merkel
Member countries of the European Union need to enhance their technological abilities and aggressively push for development in the areas such as manufacturing of catteries for electric cars and in cloud computing – believes the German Chancellor Angela Merkel. in… Read More ›