Western Digital has more than its foot in the door and is trying to capitalize on its existing joint venture with Toshiba. In a development of strategic nature, Western Digital Corp has shot off a letter to Toshiba, with whom… Read More ›
Entrepreneurship
UK Chamber of Shipping underscores the need for a transitory agreement between the EU and Britain
Without a transitory agreement which governs the customs at ports, May is likely to find it hard to provide seamless, frictionless trade. As per the head of Britain’s ports and shopping industry, the introduction of physical customs checks following Brexit… Read More ›
Broadcom emerges as the highest bidder in the first round of bidding for Toshiba’s chip unit
Foxconn is a close second. Japan, U.S. and Taiwan will have to coordinate more closely so that the Chinese don’t get their hands on U.S. nuclear technology, which has the potential for dual use. As per a source briefed on… Read More ›
Army Of Robots Sorting 200,000 Packages A Day Results In Halving Of Worker Costs At A Chinese Firm
In what is being considered as the latest example of how machines are increasingly taking over menial factory work on the mainland China, a video showing an army of little orange robots sorting out packages in a warehouse in eastern China has… Read More ›
The British agricultural sector likely to bear the brunt of Brexit
Here is the likely scenario of the British farmer in a post-Brexit world. It is interesting to see how one referendum has such widespread impact. Following Brexit Britain will be radically overhauling its agricultural policy since it will no longer… Read More ›
Toshiba files quarterly earning without PwC’s endorsement
The move has put immense pressure on the Tokyo Stock Exchange. With the U.S. and Japan huddling together to block a common foe, China, it is to be seen how Foxconn’s offer, which is $10 billion more than Toshiba’s internal… Read More ›
EU to focus on green, risk and infrastructure financing after Brexit
Here’s how the European Commission will steer the bloc after Brexit. The vice president of the European Commission has disclosed that following the Brexit negotiations the bloc will turn its focus towards boosting the green economy, infrastructure and risk finance… Read More ›
Tesla dethrones GM as the most valuable car company in the U.S
For the first time the most valued carmaker isn’t based out of Detroit, but out of Silicone Valley, California. In a significant milestone for Tesla, the luxury auto manufacturer has edged out General Motors too become the most valuable car… Read More ›
Ford to launch 5 new SUV models by 2020
Next year, in 2018 Ford will launch a refreshed version of the Ford Explorer SUV. As per a top executive from Ford Motor Co, the industry wide sales of SUV is likely to continue on its upward swing in the… Read More ›
ECB holds onto quality standards as EU’s states lure London-based institutions
Although financial institutions have yet to publicly acknowledge their relocation to EU states, the migration is on and finer details are being worked out quietly. In what is forming out to be a strategic development, a gap in the financial… Read More ›