The company is set to meet the challenges faced by Germany’s surging hi-tech new age car industry which is currently facing a shortfall of software engineers. In fact, BMW is set to overhaul its entire R&D department to include more… Read More ›
Entrepreneurship
IKEA on track to meet its target of $56.9 billion by 2020
Although its primary growth market has been Europe, where its current annualized growth rate is 40%. It is also targeting India where it’s currently finalizing deals to buy land in multiple cities, including, Hyderabad, Bangalore, Mumbai and New Delhi. According… Read More ›
Health of your Heart can now be Measured by New Home Scales
A set of scales that can check the health of your heart as well as your weight has been designed by consumer electronics firm Withings, the company claims. Pulse wave velocity, which is produced by the beating of the heart… Read More ›
Yahoo hires Black Stone IP for the sale of its 3,000 patents
It already has sent out letter to potential bidders with the mid-June being the end date for the bids. According to sources who are familiar with the matter at hand, Yahoo Inc has hired Black Stone IP LLC, a boutique… Read More ›
Amazon to invest more than $5 billion in India
Jeff Bezos has said that the world’s biggest retailer will set up a software development centre in the Indian city of Hyderabad. India has been its fastest growing market in the world. Jeff Bezos, Amazon, CEO has disclosed that it… Read More ›
Barron predicts Whole Food Market’s share to hover at $40 in 2017
Barron’s newspaper has predicted a surge in Whole Food Market’s shares. The supermarket chain is aggressively foraying into new areas and closing the price gap, of its produce, with its rivals. Investors though should study the company’s fundamentals before investing… Read More ›
BlackRock sells one of its towers at Asian square development to Qatar for $2.5 billion
Singapore’s real estate market is contracting and the availability of office space is increasing. Real estate developers will be adding 4 million Sq. feet this year, followed by 1.4 million next year. In what BlackRock has stated to be the… Read More ›
Teheran’s oil exports surges thanks to P&I clubs
Despite the partial lifting of U.S led sanctions, Iran’s oil exports are surging with European and Asian tankers are in the lead. Following the lifting of western sanctions in January, more than 20 Asian and European super-tankers are shipping Iranian… Read More ›
With its new round of funding, Uber gains further traction in the Middle East
Saudi Arabia’s Public Investment Fund has valued the company at $62.5 billion. In this latest round of funding, Uber mopped up $3.5 billion at a time when funding for tech startups are contracting. Uber has gained further traction in the… Read More ›
Dell loses appraisal case
It will now have to pay up millions of dollars to investors who opposed the merger, including Carl Icahn. In a ruling that could have a significant impact on Dell, a Delaware judge has ruled that Silver Lake Partners and… Read More ›
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