The production of the CH-53K King Stallion helicopters will be carried out by Sikorsky, the company it acquired from United Technologies Corp. This is a major milestone for the company. An official from the U.S. Department of Defence has stated,… Read More ›
Strategy
Britain to hand over Brexit letter today to EU’s council President Donald Tusk
Britain is set to trigger Brexit proceedings later today. Britain has formally begun the process of negotiating Britain’s exit from the European Union with British Prime Minister Theresa May handing over a signed letter to European Council President Donald Tusk… Read More ›
European Equities Will Gain By A Le Pen Loss: JP Morgan
Investment bank JPMorgan said in a note on Monday that a “significant” surge of inflows into European stocks would be spurred if far right French presidential candidate Marine Le Pen loses the election. But how significant is that spur? At… Read More ›
Didi Chuxing ploughs in $6 billion into its ride-hailing business
Although Didi has got big names backing it, in China, Didi it is increasingly facing regulatory issues. Bloomberg has reported citing people familiar with the matter at hand, Didi Chuxing, a Chinese ride-hailing firm, is weighing its options to invest $6… Read More ›
Elon Musk’s Neuralink could interface your brain to a computer
Registered as a medical research company, Neuralink is currently hiring academics who are experts in this field. The Wall Street Journal has reported citing sources familiar with the matter at hand, that Elon Musk, Tesla’s and SpaceX’s co-founder has launched… Read More ›
Qatar could play a supporting role for Britain after Brexit
Qatar along with other gulf states is aiming to enter into a free-trade agreement with Britain. Just a day before British Prime Minister Theresa May triggers Brexit negotiations with the EU, Qatar has pledged $6.3 billion (5 billion pounds) for… Read More ›
American Airlines In Talks For A Tie-Up With China Southern
Boosting routes between the world’s two largest travel markets and possibly involving the U.S. carrier taking a stake in the state-owned airline, China Southern Airlines is in talks over a tie-up with American Airlines. Aafter Delta Air Lines Inc bought… Read More ›
A 1996 Reboot Nike’s Biggest Sneaker Launch Ever
Thanks to a cartoon bunny and Michael Jordan, Nike has just had its biggest sneaker release for itself. Featuring the basketball legend alongside Looney Tunes characters seen celebrating the 20th anniversary of the 1996 comedy, the shoemaker’s Jordan brand began selling the Space Jam… Read More ›
Amid Diplomatic Stand-Off, Hyundai Suspends China Plant For A Week
Concerns that a diplomatic standoff may be hurting sales in the top market of South Korea’s Hyundai Motor, the automaker announced on Monday that it had suspended production at one of its Chinese factories for a week. Because of Beijing’s… Read More ›
Qatar Investment Authority opens office in NY
The sovereign wealth fund is in the process of diversifying its portfolio into the US and Asia. As per the CEO of one of the Gulf’s most acquisitive sovereign wealth fund, the Qatar Investment Authority, the company is setting down… Read More ›