According to a survey from cybersecurity firm Symantec, many companies are unprepared for new European regulations that will require higher standards of data protection. Firms would be required to clear accountability so that firms may be held accountable if they… Read More ›
The acquisition will help expand PepsiCo foothold in the beverage industry. KeVita’s products include sparkling probiotics, master brew kombucha tea, and vinegar tonics. According to sources familiar with the matter at hand, PepsiCo Inc. is closing to acquiring KeVita Inc.,… Read More ›
With this strategic fund Saudi Arabia plans to diversify its economy and wean it away from an oil-based economy. Japan’s SoftBank Group and Saudi Arabia have collaborated in an effort to create the world’s largest private equity fund which could… Read More ›
A top market watcher believes that a chilling trend in the market could wreak havoc on your portfolio. “We are seven years into a full-fledged, all out, central bankers doing everything they can to stimulate demand,” Bank of America-Merrill Lynch’s… Read More ›
Virtual reality shoppers would be able to pay for things in future just by nodding their heads. A payment service that will allow this was unveiled and demonstrated by Alibaba Group Holdings’ finance arm on Wednesday. A part of Alibaba’s… Read More ›
Unless the British government can retain passporting rights for its financial sector, some of the world biggest bankers have warned that the country could see an exodus. The question of whether Theresa May will be able to retain Britain’s financial… Read More ›
Although the depreciation of the Sterling has boosted manufacturing exports, rising manufacturing costs and inflation could eat into those profits. The British economy is going through a rollercoaster ride: although currently it’s moving downwards all depends on its negotiation team’s… Read More ›
China Property Bubble has been an issue for analysts. Any collapse in China’s red-hot property market is being put a price tag with respect to what it could cost banks, by China watchers. According to DBS Vickers Hong Kong Ltd.,… Read More ›
Gulf carrier Qatar Airways and Boeing said that the former signed a letter of intent for up to 60 narrowbody 737 MAX 8 jets worth $6.9 billion and ordered 40 Boeing Co widebody jets valued at $11.7 billion. In a… Read More ›
As a pickup in chip and display earnings likely offset the impact of a global smartphone recall that has roiled the tech giant, South Korea’s Samsung Electronics Co expects third-quarter profit grew 5.6 percent, beating estimates. Compared with the 7.4… Read More ›
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