Login credentials were used as an intermediary step to compromise the very foundation of the global banking system banks and financial institutions depend on to transfer funds to one another. Security researchers from BAE have pointed to a far deeper,… Read More ›
It is yet unclear as to how this will impact Airbus’s delivery schedules? Although Indian carrier IndiGo has continued taking deliveries despite the issue, Qatar Airways refused, with Lufthansa stepping in to take its deliveries. As per airline industry… Read More ›
As Intel Corp refocuses its business towards making microchips that power data centers and Internet connected devices and away from the declining personal computer industry it helped found, the company said it would cut up to 12,000 jobs globally, or… Read More ›
The duo are joined by other private equity firms who also want a piece of the action. According to sourced familiar with the matter at hand, Bass Pro Shops, a private held outdoor retailer, has partnered with Goldman Sachs Group… Read More ›
Faced with a falling demand from personal computers, Intel has to adapt to new computing technologies or go the way of the dinosaurs. Intel Corp has disclosed that it is set to cut 11% of its global workforce, equivalent to… Read More ›
Under immense pressure from activist shareholder Starboard Value LP, Marissa Mayer, its chief executive, is focussed on its sales, and meeting potential bidders and investors. In a development that could play a significant role in helping Yahoo Inc.’s get a… Read More ›
An increasingly competitive labour market has prompted this move which is likely to have a significant impact on its earnings. With labour groups pressuring Target Corp for higher wages, compounded by a highly competitive job market, the company, as per… Read More ›
Its sales chart have marched steadily southwards for the last 18 months. With Volkswagen yet to find a suitable solution for its diesel emission scandal, its brand is taking a hit with models across the brand showing falling sales in… Read More ›
This strategic change will be hugely beneficial for McDonald as it will be largely absolved of fluctuations in China’s turbulent economy but will come with assured yearly royalties. As per sources who are familiar with the matter at hand, McDonald’s… Read More ›
A significant dip in demand from China, along with falling prices have deeply affected its operations. The Obama administration’s climate change policies have only compounded its woes. Faced with a significant drop in coal prices, U.S. coal producer Peabody Energy… Read More ›
