While Boeing’s 787-10 Dreamliner jet has a seating capacity of around 330 and has a shorter mile range, Airbus SE’s A350-900 has a seating capacity of 325 but has a longer range. Boeing is scheduled to make its first delivery… Read More ›
Economy & Finance
TPP-11 to sign trade pact in March
11 countries, barring the United States, are set to sign the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTTP) in Chile in March. Japan’s Kyodo news agency stated, citing a Japanese source, that following the decision by the U.S. President… Read More ›
Benefits from tax-cuts are likely to be short-lived
Economists opine that the 3 projected hikes in interest rates this year by the Feds could potentially offset the short term benefits of these tax cuts, which could in turn dampen the United States’ economic growth. A poll conducted by… Read More ›
An outlook on how the imposition of steep tariffs on washers and the solar industry is likely to play out in the U.S.
The imposition of these tariffs are in line with Trump’s ‘Make in America’ push and could significantly effect its skewed trade balance with China. With U.S. President Donald Trump slapping steep tariffs on solar panels and on imported washing machines,… Read More ›
Wal-Mart exploring a major sale of its Brazilian operations: sources
Having incurred operating losses over several years in a row, Wal-Mart is looking to cash out but still maintain a foothold in Brazil. As per two sources with direct knowledge of the matter at hand, Wal-Mart Stores Inc is holding… Read More ›
Intentional Slowdown Of Older iPhones Could Be Disabled By Users In Next Software Update: Tim Cook
Apple iPhone users would have the opportunity soon to chose not to be part of the attempt of Apple to intentionally slow down the performance of the smartphone as the company apologizes for the slowdowns of older iPhones. Apple had… Read More ›
French President Macron Says A Bespoke Deal With EU Could Be Possible For Britain
After Brexit is complete, a bespoke deal with the European Union would be possible for Britain to make, French President Emmanuel Macron said on Saturday. Striking such a deal is among the primary aims of British Prime Minister Theresa May…. Read More ›
Nobel Laureate Says Bitcoin Is Likely To ‘Totally Collapse’ Even Though It Might Remain For 100 Years
According to Nobel Prize-winning economist Robert Shiller, it is likely that bitcoin will “totally collapse.” The economists said in a television interview that the case of “tulip mania” that took place in the Netherlands centuries ago is remined to him… Read More ›
Lenovo Group to make one time payment of $400 million
The PCmaker, a unit of Legend Holdings, stated that the payment, related to its U.S. deferred tax assets, would not significantly impact its cash position nor its operations. The Lenovo Group Ltd has disclosed that it expects to make a… Read More ›
Indian FMCG Company Patanjali Could Receive $500 Million Investment From French Firm Louis Vuitton
An investment of about 500 million USD (Rs 3,250 crore) is reportedly being contemplated to be made by French luxury group LVMH Moet Hennessy – Louis Vuitton, in the Indian company Patanjali Ayurveda. “Acharya Balkrishna has said that just as… Read More ›
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