Analysts are closely watching the deferred production cost for Boeing 787 Dreamliner, which declined by $150 million to $27.5 billion, The world’s largest airplane manufacturer, Boeing has reported its third quarter results which have defied analysts’ profit expectations. Strategic cost… Read More ›
HR & Organization
Target to extend free shipping till January 1
It plans on deploying free shipping as a tool to fight off rivals which includes Amazon.com. It expects strong growth in the apparels, toys and home décor categories. With retailers facing a lackluster year so far, Target Corp is likely… Read More ›
Spanish rival joins Carlos Slim’s consortium to bid for $3.5billion Mexico airport terminal
Slim has already won the bid for building the airport’s runway. The wining of a further bid will consolidate his construction business and set off the losses from his telecom venture. As per 5 sources familiar with the matter at… Read More ›
Canada needs free trade deal with EU for its economic growth
With its trade deal with the U.S. under stress, the Canadian negotiation team need to up their game and bring home CETA for the good of their economy. A free trade deal with the EU will see an almost 20%… Read More ›
WPCH-TV – a key component in AT&T’s acquisition of Timer Warner
Given the equation AT&T has with the FCC, avoiding overbearing scrutiny may result in scuttling the deal. Turns out WPCH-TV could play a key role in this proposed merger. As per analysts, if AT&T were to divest its stake in… Read More ›
Chinese recalls IoT enabled products after last Friday’s DOS attack
Hangzhou Xiongmai Technology has issued a recall for only some of its products manufactured before April 2015. With security researchers having identified the devices through which hackers conducted their attack last Friday, a Chinese company, Hangzhou Xiongmai Technology Co Ltd… Read More ›
Banks harness blockchain tech to unveil world’s 1st international payment
Eager to reduce costs, 70 of the world’s leading banks have got together to create a group, R3, which researched the benefits of blockchain technology and brought about “smart contracts”. In a development that has all the hallmarks of history… Read More ›
Wal-Mart invests $50 million in New Dada to tap the burgeoning Chinese online groceries market
New Dada has a joint venture with JD.com, in which Wal-Mart has a stake. Wal-Mart has realized that in order to survive and thrive in the Chinese market, local partners are key. In order to tap the world’s second largest… Read More ›
Brexit impact weighs heavily on Nissan
Nissan’s plant in northern Britain’s is the country’s largest. If it loses EU’s single market, it is likely to lose its competitive edge. As per Nissan Motor’s CEO, in November, the company will take the strategic decision as to whether… Read More ›
Altice USA could hit the primary market with an IPO
The company is drawing up plans to test the waters. Nothing is sure yet. Its at a preliminary stage. However, it makes sense if it were to come out with an IPO since it would give it a strategic hold… Read More ›