U.S. carriers are increasingly awake to risks from fire from lithium iron battery induced fires. While “Smart suitcases” may be able to charge mobile devices, track and weigh themselves, be locked remotely using smartphones and be pretty useful, unless their… Read More ›
Regulations & Legal
Goldman Sachs to st up office in Poland, hire 500 people for its backoffice operations
Cities across the European Union have become prime destinations for international banks in the wake of Britain deciding to leave the European Union. On Tuesday, Goldman Sachs stated it is looking to add 250 more staff to its roaster in… Read More ›
UAE’s private sector growth scales new heights
The country’s Purchasing Managers’ Index is slated to continue its trend through the fourth sector this year. As per the results of a survey of companies in the UAE in November, the growth of non-oil private sector in the country… Read More ›
Sanofi’s Dengvaxia facing headwinds citing safety concerns
Sanofi has clarified, it has not received any evidence of heightened incidence of severe dengue in vaccinated individuals in real world incidents. Sanofi’s dengue vaccine has got itself into a spot of trouble with the World Health Organization calling for… Read More ›
Thyssenkrupp aims to transform intself into a tech group
The German steel company intends to come out of the volatile steel sector and intends to focus on making car parts and elevators. On Tuesday, German business daily Handelsblatt reported citing an interview of Thyssenkrupp’s Chairman Ulrich Lehner in which… Read More ›
Britain and EU negotiators agree to a deal on all Irish issues
This remarkable development, is likely to be read as a sign of progress in the ongoing Brexit negotiations, said to be the toughest and the most complicated the world has ever seen since WW2. In a development that underscores a… Read More ›
Broadcom unveils its list of nominees for Qualcomm’s board
The move, its first step towards Broadcom’s acquisition of Qualcomm, was on expected lines. Its March 6 AGM promises to be eventful. On Monday, in a significant development, Broadcom Ltd took its first step towards its hostile takeover of Qualcomm… Read More ›
Qualcomm Inc files 3 new patent infringement cases against Apple
Ramping up its charges against Apple, Qualcomm has filed a civil lawsuit and two civil patent infringement lawsuits against Apple. Escalating its complaint against Apple, Qualcomm Inc has filed three three new patent infringement complaints against Apple Inc saying 16… Read More ›
Progress in Brexit negotiation increases the chances of a trade deal between Britain and EU
The outcome of a poll involving 68 economists on the probable impact of on-going Brexit negotiations, makes an interesting read. With Brexit negotiations showing signs of progress, it is likely that they will probably end in a free trade deal,… Read More ›
GM’s Chinese venture to recall nearly 1 million cars for fuel tank related issues
China, home to the world’s biggest car market, is seeing a steep increase in recalls in recent years. On Friday, China’s quality watchdog stated, one of General Motors Co’s China ventures will be recalling almost 1 million vehicles due to… Read More ›