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 ›
Entrepreneurship
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 ›
Are investors starting to leave Alibaba Group Holding Ltd?
Significantly this comes in the wake of the U.S. SEC investigating the sales data of its annual Singles’ Day sale. Softbank Group Corp has said it will sell at least $7.9 billion shares of the Alibaba Group Holding Ltd so… Read More ›
Boeing could win Apache contract from UK’s MoD
As per The Telegraph Boeing is likely to be awarded a contract worth $2.9 billion for supply 50 Apache attack helicopters to the UK. As per a report appearing in the Telegraph, Britain’s Ministry of Defence is all set to… Read More ›
Airbus manages A320 costs by better managing its overheads
Production facilities which were earlier used for its A380 aircrafts will now handle its A320 line of aircrafts. According to Tom Williams, Airbus’s Chief Operating Officer for its A320 programme, the company is in the process of cutting costs for… Read More ›
Essay Writing Industry ‘Booms’ as Students Demand Tailor-made Coursework
While for most writing an essay becomes a thing of the past soon after one sets foot out of universities and steps into the world of work, for some the dissertation is just the beginning. This is so because the… Read More ›
The ECB could help finance Bayer’s acquisition of Monsanto
Does Bayer’s acquisition strategy of Monsanto factor in the ECB bond buying program? It would be brilliant if it has in fact factored that in. According to the terms of the European Central Bank’s bond buying program, Bayer would be… Read More ›
Apple delving into charging technologies at stations
Apple has hired 4 electric vehicle charging experts including one from Google. According to sources familiar with the matter at hand, Apple is in the process of investigating how to charge electric cars. It is talking to station companies and… Read More ›
‘Swiss-Made’ Is a Joke, Says Homegrown Maker of Low-Cost Watches
Swiss watchmakers are facing a threat from within their clubby ranks even as they struggle with the strong franc, weaker Asian demand, and new technologies such as smartwatches. An example is the Goldgena Project which is open to using non-Swiss… Read More ›