There are booming investments in old, rare and exclusive bottles of whisky, according to analysts. Noting a rise of 94 percent from the first half of 2016, the value of collectable bottles of Scotch sold at auction broke a record… Read More ›
Strategy
Global Bank Asks, ‘Who Cares?’ Even If There Are Concerns About Slow Economic Growth
DBS said in a note recently, just a myth is the persistent belief that global economic growth is “dangerously slow” and fragile. “If you’re worried about slow growth today, get used to it. It’s probably going to be slower five… Read More ›
After Brexit, Frankfurt Hopes To Become ‘Little London’
After a study said tens of thousands of jobs would be created, bolstering Germany’s banking capital, a city official has predicted that Frankfurt could become a miniature version of London after Brexit. As London, its dominant British rival, prepares for life… Read More ›
With Plans In Hand And Economy In Decline, Britain Heads Back To The Brexit Table
There are now signs of a potentially serious slowdown in Britain’s economy after a prolonged period of relatively benign economic numbers following last year’s vote to leave the European Union. From a widening trade deficit to lackluster manufacturing, they stretch… Read More ›
Leidos Innovation Corp wins $727.7 million defense contract from the Pentagon
The area of operation for this contract agreement is Afghanistan. The Pentagon has disclosed that Leidos Innovation Corp, a unit of Leidos Holding Corp has been awarded a $727.7 million contract to provide support for the Afghan Air Force and… Read More ›
Amazon to slashes prices of groceries from Monday
The price war in the retail groceries market is now set to intensify. With Amazon.com successfully navigating the landmine of antitrust scrutiny for it’s acquisition of Whole Foods Market Inc, the shares of rival groceries have started to tumble on… Read More ›
Apple to receive $207.8 million incentive for its data centers in Waukee, Iowa
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 ›
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 ›
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