Midwestern states have become a magnet for data centers of tech companies in the state. Apple has disclosed that it will build a $1.375 billion data center in Waukee, Iowa and receive $207.8 million in incentives from the Iowa Economic… Read More ›
Strategy
After Brexit, Britain Wants EU To Accept Its Data Protection
Britain said it wants have its rules on data protection accepted by the bloc after it leaves and wanted to co-operate with the European Union over data protection, it said on Thursday. In order to ensure the flow of information… Read More ›
The Next Risk To The Global Financial System Could Be China’s ‘Belt And Road’ Initiative
Promoting economic prosperity and fostering diplomatic ties on a global scale is the aim of China’s mammoth, pan-Eurasian “Belt and Road” infrastructure initiative. That rhetoric comes with risks, and increasing levels of state-backed funding have raised concerns about just how… Read More ›
Tesla Motors ramps up production of Model 3, boosts incentive to its global sales & service to $700,000 if he meets targets
The success of Tesla as a company is now contingent on the success of the Model 3. Electric luxury carmaker Tesla Inc has disclosed that it would pay Jon McNeill, its global sales and service president $700,000 if he met… Read More ›
GE resumes talks with ABB over divesting its non-core industrial assets
The likelihood of a deal taking place is higher at this time since GE has lowered its expected selling price to around $2 billion, from its earlier $3 billion plus. As per sources familiar with the matter at hand, GE… Read More ›
Fintech startup AutoFi Inc raises $10 million in funding round
The company aims to utilise the freshly received funds to expand its footprint in the U.S. and in international markets. AutoFi Inc, a fintech startup that caters exclusively to the auto industry, has raised $10 million in a Series A… Read More ›
How Collision Avoidance Systems Prevent Many Accidents, Injuries Shown By New Report
When blind spot alert or a lane departure warning system keeps you from steering into another vehicle the next time you are driving, count your blessings. The prevalent collision avoidance systems dramatically cut the number of accidents and injury-related crashes,… Read More ›
Downturn Is Coming, Wall Street Banks Warn
Mounting evidence that global markets are in the last stage of their rallies before a downturn in the business cycle is seen by HSBC Holdings Plc, Citigroup Inc. and Morgan Stanley. In addition to investors ignoring valuation fundamentals and data,… Read More ›
France backs Trump’s move on troops deployment in Afghanistan
The development points to the recognition of burgeoning economic opportunities in the region. On Wednesday, France’s foreign ministry issued a statement which backed the commitments made by U.S. President Donald Trump on maintaining a military presence in Afghanistan. “France recognizes… Read More ›
Investors and venture capitalists tapping microflats for boosting growth in real estate
Net yields are pushing property developpers towards microflats as opposed to build-to-rent private apartments. In a development that has taken many in the real estate market by surprise, priced out of London’s traditional housing market, millennials are now opting to… Read More ›