According to a new report released by IHS Markit, set to drive stronger defense spending over the next decade are emerging global powers China and India. Annual defense budgets should return to pre-financial crisis levels by 2018 even as global… Read More ›
Economy & Finance
The World is being flooded with Super-Cheap Airfares by Chinese Airlines
Chinese airlines are delivering a hammer blow to foreign carriers trying to keep up by flooding the world with some of the lowest long-haul fares ever seen. Many operators are feeling the squeeze from the extended reach of mainland Chinese… Read More ›
U.S. Defence industry could face federal cuts under Donald Trump
Federal cuts in the expansive U.S. defence industry is likely to affect many U.S. factory jobs. The U.S. Defence industry has come, yet again, under intense attack with U.S. President-elect Donald Trump coming down hard on Lockheed Martin Corp for… Read More ›
World’s banking backbone under attack from hackers
In an increasingly digital world, with the countries around the world opting for a cashless economy, these cyberattacks go to highlight the vulnerabilities of the global financial network and the urgent need to harden and strengthen them. While going cashless… Read More ›
Bitcoin Business to be Discarded by Payments start-up Circle
Since it has failed to become a meaningful part of its business, U.S.-based Circle Internet Financial Ltd will no longer allow customers to buy and sell bitcoin. The company is a social payments app backed by Goldman Sachs, it said… Read More ›
Banks Listen in on Phone Calls to Discover the Best Traders
If one intends to get hired as a trader, one should be careful, not about what one says, but how one says it. Voice analysis technology aimed at identifying behavior associated with a successful career as a trader is being… Read More ›
This Startup Hawks Edible Body Paint and Lingerie in Conservative India
With a consistent doubling of annual sales, gross margins exceeding 50 percent, low customer acquisition costs and strong repeat traffic, the Indian e-commerce startup That’s Personal touts financial metrics that venture capitalists typically salivate over. And despite this, it is… Read More ›
Trump Offshoring Policy Faces Big Test Case in Apple Inc
Questions about whether the president-elect Donald Trump can actually return offshored jobs back to the United States would be proven to be true or false by Trump’s negotiations with Apple, said Inside.com CEO Jason Calacanis in the TV interview. A… Read More ›
Post-Brexit Plan to British Government Proposed by London Tech Leaders
Entrepreneurs and investors have warned that if the British government does not clarify how it plans to keep the best technical talent, London’s standing as Europe’s leading destination for tech start-ups is at risk. The government was pressed to act… Read More ›
Foxconn Eyes U.S. Expansion, Softbank’s Son Pledges $50 Billion as Trump Woos Asian Firms
As U.S. President-elect Donald Trump pushes to bring manufacturing and jobs back home, two of Asia’s biggest technology companies said they were looking to expand investment in the United States. Apple Inc supplier Foxconn said it was in preliminary discussions… Read More ›