Although the leaders of the world’s largest trading bloc did not specifically mention China and the United States, the writing on the wall is lucid. On Friday, leaders across the European Union pledged to act unanimously and firmly against protectionism… Read More ›
Strategy
Chinese yuan touches new low as trade tensions continues
According to Gao Qi, a FX strategist at Scotiabank, the yuan is likely to find strong support at 6.70 yuan per dollar. On Friday, the Chinese yuan touched a new low and was on course to perform its worst ever… Read More ›
Swiss pharmaceutical giant Novartis to divest its Alcon eye care devices business
The move is aimed at sharpening it focus on its prescription drugs business. On Friday, Novartis disclosed its plans of divesting all of its assets from its Alcon eye care devices business as it sharpens its focus on prescription drugs…. Read More ›
Smart Home Industry Trying Out Blockchain For Enhanced Customer Experience: Report
The important trends that are prompting smart home industry leaders trying out blockchain technology have been identified in a new report from Navigant Research. There is a growing concern about data security and protection because of a number of high-profile customer… Read More ›
Fox-Disney deal set to be approved by U.S. antitrust regulators: source
The deal will still need to be approved by regulators from other countries. As per a source familiar with the matter at hand, the U.S. Justice Department is set to provide antitrust approval for Walt Disney Co’s bid to acquire… Read More ›
$5.6 Billion Worth Of Boeing Planes To Be Bought By Little Known Vietnamese Airline
Little known airline startup from Vietnam Bamboo Airlines will buy 20 Dreamliner commercial jets from aerospace giant Boeing. The company announced that the value for the deal would be up to $5.6 billion. a similar deal that is worth $3 billion… Read More ›
Threat To Thousands Of Jobs And Price Hike Due To US Tariffs, Warn Automakers
If the United States imposes the proposed 25 per cent import tariff on vehicles would lead to job losses amounting to hundreds of thousands in the auto sector in America, steeply increase vehicle prices and stunt investment in self-driving cars,… Read More ›
Preliminary Tests For Drug For Aggressive Prostate Cancer Concluded By NucleoBio
Efficacy for its newest product, Prostreatm has been demonstrated by NucleoBio Inc. in its attempt to develop a drug that can efficiently treat aggressive prostate cancer. Preventing the growth and spread of the most aggressive form of prostate cancer –… Read More ›
Brexit Custom Costs Will Increase Price Of Cars: BMW
Custom arrangement costs because of Brexit would increase price of its vehicles, BMW has said, The making of cars such as the Mini would become costlier because of new border systems and warehousing, said Ian Robertson, BMW’s UK special representative…. Read More ›
Fujifilm Holdings Corp threatens to compete with Xerox Corp unless tech agreement is renewed
Xerox has already started sourcing products from new vendors and has made it lucidly clear that it may not renew an agreement with Fujifilm. On Wednesday, Fujifilm Holdings Corp threatened Xerox Corp stating it will compete with it in the… Read More ›