Here are potential reasons why the bitcoin is facing headwinds in its efforts to join as a mainstream currency, despite its underlying technological strength. While shedding light on why bitcoin is facing headwinds on joining the mainstream, BlackRock’s Chief Executive,… Read More ›
HR & Organization
Mexico preparing contingency plans if Trump exits NAFTA
The IMF has suggested that Mexico should go ahead with structural economic reforms, including diversifying its economy. Currently 80% of Mexican exports are shipped to the U.S. A Macro-economic response that reassures investors appear to be Mexico’s best bet out… Read More ›
SoftBank weighing its options for investing in Uber
Given Masayoshi Son’s vision of a future driven by AI and interconnected vehicles and its spread of investments in ride hailing and ride sharing companies in major markets of the world, including in India’s Ola and China’s Didi, and given… Read More ›
Qualcomm likely to reject Broadcom’s $103 billion acquisition offer
Broadcom has let it be known that it is prepared for a takeover battle. According to 4 sources familiar with the matter at hand, Qualcomm Inc is preparing to reject Broadcom’s $103 billion takeover bid as early as this week…. Read More ›
Japan set to be prime destination for hi-tech military hardware
With Japan planning to develop the F-3, a dual use $40 billion fighter jet, UK’s BAE Systems, and U.S. Lockheed Martin, Boeing, and Raytheon are likely to reap in huge contracts for not only developing the F-3 but also for… Read More ›
Amazon set to debut local warehouse in Australia
While the move is likely to positively benefit Australian customers who will now not have to bear the heavy costs of international shipping, the move however is likely to send a shiver down the collective spine of Australian retailers. On… Read More ›
With looming dark clouds on Theressa May’s leadership, the pound takes a more cautious approach
In the backdrop of Brexit negotiations, one of the most complex high stakes negotiations in recent history after WW2, British Prime Minister Theressa May is now facing a challenge to her leadership from her own conservative party midst a lack… Read More ›
China lifts rules on foreign ownership for financial firms
Although this move appears to show China opening its economy up to foreign funds, business expertise and technology, it is to be seen whether these promises will bear fruit or be like the IPO of Chinese companies in the U.S…. Read More ›
Hyundai Motor mulling U.S. production of pickup truck and SUV: Seoul Economic Daily
Hyundai Motor is yet to take a final call on producing the pickup truck and SUV in Alabama. On Friday, Seoul Economic Daily reported, Hyundai Motor Co intends to build its Kona and Tucson sport utility vehicles (SUV) and pickup… Read More ›
New tax reform bill does not kill tax credit for electric vehicles
Although the new tax reform bill, as introduced in the U.S. House of Representatives, had contained provisions to eliminate the $7,500 tax credit for EVs, the version that was introduced on Thursday in the U.S. Senate does not contain these… Read More ›