Earlier Musk had spoken about his vision to investors with the production line working like an “alien dreadnought” factory in which robots and artificial intelligence are predominantly used to build cars. The vision will however take a while to materialise… Read More ›
As fund managers and investors seek to tap growing demand for virtual assets that allow for instant, borderless transactions, Alphabit, a global fund that invests in digital currencies, has been launched with a target of $300 million. The co-founder of… Read More ›
Saying that the tactics being used are similar to those deployed in the 2016 U.S. presidential election, U.S. officials are warning of Russian interference in the hotly contested race as voters in France prepare for their presidential election Sunday. Russian… Read More ›
The fire power of Republican attorney generals could protect Exxon Mobil against probing questions of whether it willfully violated consumer protection laws. As per a filing in the U.S. District Court in Manhattan, a group of eleven state attorneys general… Read More ›
Transcript of traders communicating in online chat rooms, which had led Deutsche Bank to settle in an earlier probe by Brazil’s antitrust watchdog Cade in December, show that banks had worked together to manipulate forex rates. The U.S. Federal Reserve… Read More ›
The fixed price contract is subject to market changes and has a ceiling of $925 million. The Pentagon has disclosed that American Material Handling Equipment Inc has been awarded a maximum of $925 million for a fixed-price with economic-price-adjustment defense… Read More ›
The Trump administration has taken China to task for its strategy of dumping cheap imports, in this case steel, into other countries as a policy. Citing national security concerns, U.S. President Donald Trump has launched a probe against exporters of… Read More ›
Amid the growing prospect that Marine Le Pen or Jean-Luc Melenchon could win the presidency on platforms of raising trade barriers and potentially exiting the euro currency bloc, French companies are stealthily preparing for the worst. In the case of a… Read More ›
In order to act as a cornerstone investor in the initial public offering of Saudi Aramco, China is creating a consortium, including state-owned oil giants and banks and its sovereign wealth fund, reported Reuters citing people with knowledge of the… Read More ›
Here are the views of EU’s foreign policy chief on Brexit during her visit to Beijing. Federica Mogherini, the European Union’s foreign policy chief, has stated that Britain is set to lose more than just its membership in the EU… Read More ›
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