More than 10.000 jobs at Xerox would be lost at its joint venture with Japan’s Fujifilm as the Japanese firm takes control of the photocopier company. The companies said that an agreement to merge operation of Xerox with that of… Read More ›
Economy & Finance
Launching A Global Effort To Stop Tax Offshore Tax Evasion Urged To Be Initiated By UN
There are growing warnings about the UK continuing with its policy of shielding its overseas territories from getting transparent financially and it is amidst this environment that the United nations has been called on by the Tax Justice Network to… Read More ›
Amazon Enters Healthcare Sector Through A Joint Venture With Other U.S. Companies
E-retailer Amazon is getting into the healthcare sector through a joint venture. The new firm, aimed to reduce costs for their U.S. employees, will be promoted jointly by Amazon, JP Morgan and Berkshire Hathaway. The firms said that the independent… Read More ›
Australia To Be First International Venture For Indian Ride Hailing Firm Ola
In wheat would be the first international venture for Indian ride-sharing company Ola, the company is all slated to enter the Australian market. The company has plans to launch its services for t in the three large cities of the… Read More ›
Tractica Report Predicts Unit Sale Of Autonomous Trucks And Buses To Touch 188,000 Annually By 2022
The assumption that many industries are most likely to be disrupted by commercial, access to availability and adoption of self-driving vehicles is almost ensured because in recent years, autonomous vehicles have attracted am explosion of interest. And the trucking sector… Read More ›
‘Oligarchy list’ could potentially damage image and goodwill of Russian businesses and firms
Russian stocks have largely shrugged off the risks of new U.S. sanctions which center around this list. On Tuesday, Kremlin’s spokesman Dmitry Peskov stated that with Washington choosing to place people close to the Kremlin as part of an ‘oligarchy… Read More ›
Smartphone Sale Growth In China Declines In 2017, For The First Time In Eight Years
A report from research firm Canalys suggests that there has been a 4 per cent decrease in annual shipments of smartphones in China in 2017. This is the first time in eight years that the market has seen a decrease… Read More ›
Crypto Currency Worth About $400 Million Stolen From Coincheck, Admits The Company
It was four years ago that virtual currency exchange Mt. Gox collapsed in Japan whose memory is yet to fadeaway, and now the investors in the country were spooked after the disclosure of about $400 million in NEM tokens getting… Read More ›
Philip Morris’s Claims Over Health Benefits Of Heated Tobacco Device Rejected By U.S. FDA
The aim of Philip Morris International to begin the sale of fits heat-not-burn device in the United States and be identified to be a device that will be a less less-harmful alternative to cigarettes was dashed by the U.S. government…. Read More ›
The Pacific Trade Agreement Can Be Considered By Donald Trump Is It Were ‘Substantially Better’
In the eventuality that the United States is able to get a “substantially better” agreement from the massive Trans-Pacific Partnership trade deal, he would reconsider sticking with it, said the U.S. President Donald Trump to a television channel. But experts… Read More ›