In 2017, BMW will test its autonomous vehicles in Munich with a fleet of 40 vehicles. It will then gradually expand it to other cities as well. Although its cars will have self-driving capacity, they will be manned by a… Read More ›
Strategy
New Singapore Peak as One Less Crane Dots the City Sky
The Tanjong Pagar Centre complex in Singapore has been dubbed a “vertical city” and sits atop one of the wealth city state’s busiest train stations even as the city state’s canyons of skyscrapers get a new peak with the opening… Read More ›
Jury awards $1 billion to 6 plaintiffs over Johnson & Johnson’s Pinnacle metal-on-metal hip implant
Johnson & Johnson has stated that it will appeal the verdict, typically, in such cases in Texas, the appeals court scales back the initial compensation amount. In a significant ruling, a federal jury in Dallas ordered Johnson & Johnson and… Read More ›
United Technologies provided $7 million in tax breaks to keep 1069 jobs at its Carrier plant in Indiana
While Trump has quickly claimed credit for saving American manufacturing jobs, here’s more details of the deal. This agreement is yet to be finalized. State officials from Indiana have agreed to provide Carrier’s parent, United Technologies Corp, a tax break… Read More ›
An inside look at how OPEC came to its historic decision of cutting oil production
A fascinating read on how the members of OPEC came through with the deal to cut their respective oil production and help reduce the glut in the global oil market. It appears that Russian President Vladimir Putin has played a… Read More ›
Thomson Reuters Lipper data shows $4.1 billion pulled from taxable mutual bond funds in the U.S.
The data captures market sentiments from across a broad spectrum of industries and political happenings and provide an insight into investor sentiments. As per last week’s Lipper data, investors have pulled $4.1 billion from U.S.-based taxable-bond mutual funds. The bond… Read More ›
Eurozone registers its strongest manufacturing activity growth since Jan 2014
Concerted efforts at stimulating the economy by the ECB, appears to be paying off. As per the results of a survey, manufacturing activity in the Eurozone hit its all-time high in November this year. The development could be a welcome… Read More ›
Trump needs to sell his business interest entirely to avoid any conflict of interest: legal experts
Trump has set Dec. 15 as the date on which he will make his stand clear. He will have to disassociate himself and his kids from all of his business interests before he takes office on January 20, 2017. Before… Read More ›
OPEC creates milestone by deciding to limit oil prices from January 2017
OPEC will now meet non-cartel members on December 9 to convince them that they should do the same. In a historical development, the world’s largest oil exporters have agreed on a cut to their oil production for the first time… Read More ›
Europe to boost defence spending
Facing threats from several fronts, military commanders from NATO and EU have decided to boost military spending. Top European military & NATO officials gathered in Berlin to discuss ways to deal with threats facing Europe and address concerns raised by… Read More ›
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