Ferrari has unveiled a new high octane model – the Daytona SP3, which brings to an end a long wait by lovers of its Icona-series cars. However what could potentially disappoint them is the fact it is an electric vehicle. Housing… Read More ›
Strategy
Employees are encouraged to raise concerns internally or externally: Apple Inc
In a statement Apple Inc has told its employees that it is willing to discuss wages, number of working hours and working conditions. The development comes at a time when striking employees are pushing Apple to do more to ensure… Read More ›
Pentagon awards Lockheed Martin, Northrop Grumman, Raytheon to develop missile defense system against hypersonic weapons
In a statement the Pentagon said, it has chosen Lockheed Martin, Northrop Grumman and Raytheon to develop a missile defense system that can protect the United States against hypersonic weapons. The three defense giants have been awarded separate contract agreements totaling to… Read More ›
JPMorgan agrees to pay $60M to settle class action lawsuit in spoofing precious metal prices
JPMorgan Chase & Co has agreed to pay $60 million to settle a class-action lawsuit by investors who accused it of intentionally manipulating the prices of precious metals futures and options. The settlement comes in the wake of a U.S. government… Read More ›
Saudi Arabia, Foreign Ministry, the Kingdom, reopened, embassy, Somalia, Somalian, capital, Mogadishu,
In a statement Saudi Arabia’s Foreign Ministry stated, the Kingdom has reopened its embassy in the Somalian capital of Mogadishu. Earlier this year in June, a Saudi diplomatic delegation visited Somalia and discussed preparations for reopening the embassy. Saudi Arabia’s… Read More ›
UK considering diplomatic boycott of Beijing Olympic games
On Saturday, as per a report from the Times, British Prime Minister Boris Johnson is weighing options which includes a diplomatic boycott of the Winter Olympics in China to protest China’s record on human rights. An “active discussion” in government… Read More ›
Next Week Could Be The Worst For Bitcoin In Months Due To Impending Mt Gox Payouts
With traders and investors booking profits following a long rally and amid fears among them that their payments may be liquidated by the creditors of collapsed crypto exchange Mt Gox, the value of bitcoin dropped on Friday to a one-month… Read More ›
While The World Narrows Pandemic Package, Japan Will Launch Record Stimulus Package
On Friday, Japan is expected to unveil a record $490 billion expenditure plan to help offset the economic impact of the COVID-19 outbreak, defying a worldwide trend of removing crisis-mode stimulus measures and putting more stress on the country’s already… Read More ›
Chinese, Russian warplanes intrude into South Korea’s Air Defense Identification Zone
On Friday, South Korea’s military said, it had scrambled fighter jets following 2 Chinese and 7 Russian warplanes entered its air defense identification zone. Beijing called the intrusion regular training. In a statement Seoul’s Joint Chiefs of Staff (JCS) said,… Read More ›
University of Copenhagen has deep ties to Chinese military
In the latest example on how the Chinese military is tapping into Western academia in strategic and sensitive area of biotechnology, a Chinese professor at the University of Copenhagen who was conducted genetic research for the Chinese military did not… Read More ›
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