Apple Inc. is struggling to get its iPhone X onto the market and in the hands of customers. Sending strong signals that supplies will likely remain tight as the new device goes on sale Nov. 3, the shipping times for… Read More ›
Strategy
After Saudi Prince Ups The Ante, Oil Investors Roll The Dice On OPEC
Saudi Arabia is in the driver’s seat as the OPEC trade is back. Hedge funds were almost as bullish on the global benchmark as they’ve ever been as Brent crude prices were propelled beyond $60 a barrel for the first… Read More ›
Focus On Electric Delivery Vans Is Being Given By Automakers
An often overlooked segment with big growth potential given tightening pollution restrictions in urban areas, is the humble delivery van that automakers are increasingly sparing a thought for in the rush toward electric vehicles. Many in the industry expect it… Read More ›
U.S. tech giants report phenomenal jump in quarterly earnings
In a paradigm shift, businesses are increasingly shifting from owning data centres to cloud computing, which is creating the basis for a new bull run. The combined revenues of Alphabet, Amazon and Microsoft have totaled to more than $100 billion… Read More ›
Fixed-line network is a strategic asset: Telecom Italia’s Chairman
While boosting the return of investment for stakeholder’s is important, it should not be at the cost of of dilution of a strategic asset. Other avenues will have to be sought on how to add new shareholders to Italy’s broadband… Read More ›
For the first time Brazil opens its deepwater pre-salt fields to foreign energy companies
As a result of these reforms, executives from the majority of the world’s biggest oil companies have landed in Rio de Janeiro, to outbid each other for a slice of Brazilian crude whose quality is said to be world class… Read More ›
It’s Not Just An Automaker Now, Toyota Wants People To Know
Toyota Motor Corp. is a human movement company and this is what the Japanese car maker wants the world to know and wants to make it clear that it’s not only a car manufacturer. The attempt of the Japan’s largest… Read More ›
Volkswagen’s Financial Services division launches HeyCar to tap Germany’s burgeoning used-car market
Unlike its competitors, consumers will not have to see advertisements on HeyCar while searching for the best deals in the used car market in Germany. On Thursday, Volkswagen’s Financial Services division stated, having created an online platform, dubbed HeyCar, it… Read More ›
Las Vegas Sands to spend $1.1 billion in Macau’s gambling hub
Just as Las Vegas Sands has brought France’s Eiffel tower to Macau, it now plans on building a London-themed attraction in Macau as well. Las Vegas Sands, owned by U.S. billionaire Sheldon Adelson, stated that it plans on spending $1.1… Read More ›
Hong Kong and Singapore link up their trade and finance platforms to blockchain technology
The project aims at harnessing the benefits of Distributed Ledger Technology (DLT), also known as blockchain, to better tap into the synergies of $2 trillion worth of transactions between the two nations. On Wednesday, the central banks of Hong Kong… Read More ›