Nvidia’s second quarter forecasts is based on expectations of a recovery in the gaming market. The mid-end gaming segment continues to be its growth driver. Nvidia Corp has forecast its second-quarter revenues above Wall Street estimates as it expects the… Read More ›
Strategy
Germany’s Delivery Hero invests in biodegradable packaging manufacturer Bio-Lutions
Companies and governments around the globe are moving to mitigate the menace of plastic waste. In a significant development, German food delivery company Delivery Hero announced it has invested in biodegradable packaging manufacturer Bio-Lutions. The move comes midst companies and… Read More ›
Credit Suisse expands family office services for Greater China
With an increase in wealth in Greater China, there is a significant rise in the number of clients wanting family office services. Credit Suisse aims to tap this emerging market. In a move aimed at increasing its services among wealthy… Read More ›
Amazon in talks with UK food delivery app Deliveroo
Amazon intends to invest a substantial proportion of the $575 million funds that Deliveroo raised, into the gig economy. Amazon.com Inc intends to invest in UK food delivery app Deliveroo as part of a $575 million fundraising. The world’s biggest… Read More ›
Microsoft And Sony To Jointly Work On Gaming, Chips And AI
Japanese tech company Sony Corp would not make use of Microsoft Corp’s cloud services for streaming of its games and media according to a new agreement on partnership struck between the two companies. The new strategic agreement also opens up… Read More ›
Slowing Global Economy To Drive Growth Of Pre-Owned Business Jets: New Report
The anticipated softening of the global economy in the next few years would present an opportunity of significant growth for trade in pre-owned business jets which would surpass the deals in new plane deals by four-to-one. This prediction was made… Read More ›
Its Own Decision On 5G & Huawei Would Be Taken By UK
The decision of whether or not to include the Chinese telecom giant Huawei in its construction of 5G network in the country would be taken by the United Kingdom and the decision would not be influenced by outside forces. The… Read More ›
Brexit Preventing People From Holidaying, Says Thomas Cook
There would be further headwinds for the rest of year, warned the travel firm Thomas Cook as it also reported a loss of £1.5bn for the first half of the current year. The company said that the company now had… Read More ›
Trump’s Move Against Huawei To Be Retaliated, Warns China
China would undertake the required measure to protect the interests of its companies and businesses, said the country in retaliation to the decision of the United States to ban American telecom from using equipment and technology from the Chinese telecom… Read More ›
US Shopper Will Face Higher Prices Due To Increased Tariffs, Warns Walmart
The higher tariffs imposed on goods from China would result in increased pricves for shoppers, said the world’s largest retailer Walmart Inc on Thursday. This warning was issued by the company even as it reported the best comparable growth in… Read More ›