Although analysts have stated that the acquisition “appears to be high”, most view the development in positive light since it could boost Cisco’s revenues. With Cisco Systems Inc looking to expand beyond its core networking business, the computing giant announced… Read More ›
Although Chinese President Xi Jinping has called for “inclusive globalization” China itself has enforced strong capital controls and has placed measures that impede global investment in its economy. With Chinese President Xi Jinping talking about protectionism at the World Economic… Read More ›
The development has manifold potential for Nigeria – not only will it substantially slash its oil import bill but it could also strengthen its creaking power grid. In a strategic move aimed at recouping sunken cost in Nigeria’s oil refineries,… Read More ›
As concerns grow about the industry’s vulnerability to hacking, European Union officials and sources said that the bock is considering testing banks’ defenses against cyber attacks. With criminals finding new ways to target banks beyond trying to illicitly obtain details… Read More ›
Signs of optimism emerged from Justin Trudeau’s government that it can escape the upheaval relatively unscathed on a day when Donald Trump backed out of one trade deal that included Canada and pledged to reopen a second. With Trump atop the… Read More ›
While this ruling was expected by analysts and lawmakers, it could complicate if not delay Theresa May’s 12-point plan of focusing on global trade. In a landmark ruling that could set Britain’s tone for Brexit, the UK’s Supreme Court has… Read More ›
In recent months, Beijing has clamped down on the flight of currency from its economy while denying the imposition of new capital control norms. Last year, the yuan fell to its 7 year low against the greenback. A top executive… Read More ›
Analysts and lawmakers expect the Supreme Court’s ruling to go against the government. British Prime Minister Theresa May will find out today whether she will need the British parliament’s approval to trigger article 50 of the EU-Lisbon treaty. Britain’s Supreme… Read More ›
The trend of rising revenues and sales are slated to continue further. Incidentally, prices of LCD TVs larger than 32” have consistently risen in the last 10 months. LG Display Co Ltd, the world’s largest liquid crystal display (LCD) has… Read More ›
According to two studies, a “highly protectionist and isolationist stance” while revising NAFTA could significantly hit the U.S. auto industry in the form of decreased sales a job losses across North America. With U.S. President Donald Trump withdrawing from the… Read More ›
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