Any kind of disturbance or instability could potentially muddy the waters of Brexit negotiations which are set to enter a critical phase. Pushing for increased stability, Simon Coveney, Ireland’s Foreign Minister, underscored the fact that the country does not need… Read More ›
Entrepreneurship
Dec 4 meeting of Jean Claude Junker with British Prime Minister Theresa May likely to set the pace & tone for further negotiations
With Theresa May’s eroding leadership back home, she is hard pressed to portray that enough ground has been covered to label them as sufficient progress. The Brexit negotiations, one of the most complex since WW2, will determine Britain’s economic future…. Read More ›
Tesla’s Musk’s 100 Day Promise Upheld, Construction Of The World’s Largest Lithium Ion Battery Completed
The South Australian government has announced that the world’s largest lithium ion battery has already been constructed by Tesla and that battery is all set to be put to use and switch the battery packs on. This also marks the… Read More ›
Saudi Arabia to buy smart ammunitions worth $7 billion from U.S.
The deal is likely to face strong headwinds in the U.S. Congress stemming from civilian deaths in Saudi Arabia’s campaigns in Yemen. According to sources familiar with the matter at hand, Saudi Arabia has agreed to purchase precision guided munition… Read More ›
Tesla delivers on its promise to provide 129MW hour battery pack to South Australia
The battery pack, run by France’s Neoen, is likely to significant ease the blackouts that have been plaguing the state for the last 18 months. However, with the shutdown of big coal-fired power plants in Victoria, a neighboring state, supply… Read More ›
Data falsification in Quality Assurance standards engulfs Mitsubishi Materials Corp
The latest QA related scandal revolves around Japan’s Mitsubishi Materials Corp’s O-Ring sealents which impacts the aircraft and aerospace and nuclear industries. In yet another instance of a quality assurance scandal, Japan’s Nikkei financial daily reported, citing multiple sources, that… Read More ›
CRC set to buy Banca Carige’s consumer credit business
Banca Carige has to decide the matter by tomorrow and close the sale by December 6. On Wednesday, as per a source familiar with the matter at hand, Christofferson Robb & Company (CRC), a U.S. hedge fund, has presented an… Read More ›
The International Trade Commission recommends imposing steep import duties on LG and Samsung washing machines
The development is likely to trigger more investment from the duo, in the form of opening factories in the state, which is likely to create more jobs and funnel in more investment, as a way to mitigate this order. … Read More ›
Amazon’s Australian center to open on November 23
In a development is likely to send a shiver down the collective spine of Australian retailers, Australians can now indulge in shopping during Black Friday without incurring steep international shipping costs. As per an Australian retailer, Amazon.com Inc, the world’s… Read More ›
Broadcom intends to make significant changes in Qualcomm’s patent licensing system
Qualcomm’s patent licensing system is the root cause of much dispute. By targeting changes in it, Broadcom can win over antitrust regulators and Apple. In a development pregnant with possibilities, a source familiar with the matter at hand has stated,… Read More ›