The latest U.N sanctions are expected to have a crippling effect on North Korea’s economy. In November, according to business data China’s trade with North Korea edged up to $388 million, its lowest levels this year. Tough U.N. sanctions are… Read More ›
Strategy
Boeing wins $6.2 billion contract for 36 F15 fighter jets
The development is in line with U.S. President Donald Trump’s strategy of boosting the sale of U.S. weapons exports to friendly countries. On Friday, the Pentagon stated, Boeing Co has been awarded a $6.2 billion contract for 36 F-15 fighter… Read More ›
Swiss pharmaceutical giant Roche acquires U.S. Cancer drug maker Ignyta for $1.7 billion
Ignyta’s precision drugs and diagnostic portfolio will help Roche increase its global footprint in the oncology department. On Friday, U.S. cancer drugmaker Ignyta Inc and Swiss drugmaker Roche disclosed that the Swiss pharmaceutical giant will acquire U.S. drugmaker for $1.7… Read More ›
Corporate criminal case against China’s ZTE takes an interesting turn
While an investigation by the U.S. Department of Justice found ZTE shipping goods illegally to Iran and its ally North Korea in violation of U.S. trade laws, which led to the company paying a record fine. The manner in which… Read More ›
Biometric Boarding Trial In The US Begun For The First Time By British Airlines
British Airways in partnership with Los Angeles Airport, has for the first time in history of aviation, set up experimental self-service biometric boarding gates on international flights out of the USA. Flyers would have a smoother journey because of the… Read More ›
European Commission launches anti-subsidy probe against Chinese exporters
China’s strategy of excessive production and dumping what it cannot domestically consume on its trade partners has widespread ramifications for domestic producers; already being probed by the United States, the investigation by the European Commission is the latest scrutiny of… Read More ›
South Korea to purchase 20 additional stealth fighter aircrafts frmo Lockheed Martin
The news report by South Korea’s Joongang Ilbo newspaper follows U.S. President Donald Trump’s visit to Seoul. On Thursday, a South Korean newspaper reported that the country plans on buying an additional 20 F-35A stealth fighter aircrafts from the US…. Read More ›
A brief outlook on the impact of the U.S. tax code on Apple Inc
Analysts opine, the revised repatriation rules are likely to be the pivot in Apple’s cash strategy. With the U.S. Congress passing the Republican-led tax overhaul bill, one of Apple’s long standing goal of repatriating $252.3 billion in foreign cash without… Read More ›
A Widely Accepted Global Investor Survey Ranks Bitcoin To Be The ‘Most Crowded’ Investment Globally
Bitcoin has become a cause of worry for more traditional money managers than every before. Bank of America Merrill Lynch’s December global fund manager survey that was released on Tuesday sowed that bitcoin was at the top of the list… Read More ›
Japanese Researchers Discover Self-Healing Glass By Accident, Could Be Used In Smart Phone Screens
A new form of glass that is able to fix cracks and breaks by itself is being claimed to have been developed by Japanese researchers. There is no need for making use of high heat so that glass is able… Read More ›