The pact needs to be operationalized into an oil freeze deal which could then see reduction in crude oil production from two of the world’s top producers. In a development that could potentially have far reaching consequences, Russia and Saudi… Read More ›
Can the EU risk giving Britain a unique deal of restricted immigration and unrestricted access to its single market? The exception could become the rule. According to Britain’s minister who is charged with negotiating Brexit, the country is pushing for… Read More ›
Since it is especially hard to gauge the impact of this exercise, extending it beyond its stipulated March date may leave it in a vulnerable position, especially since it is running out of options to buy quality debt bonds. The… Read More ›
Although the manufacturing and the service sectors have been shaken as an outcome of the referendum, the fall of the sterling has boosted the value of Britain’s exports as well as boosting the cost of its imports. The coming cut… Read More ›
SpaceX has successfully flown 9 missions. Last week’s explosion was only its 2nd mishap. As an outcome of SpaceX’s satellite launch being destroyed during liftoff, Israel’s Space Communication Ltd is now seeking $50 million from the company or a free… Read More ›
Hanjin Shipping has filed for bankruptcy in the U.S. following its credit bankers not extending financial support to its operations. The Wall Street Journal has reported citing a filing by Hanjin Shipping Co Ltd that the troubled shipper has filed… Read More ›
The suit claims that by prioritizing their role as BlackBerry’s advisers when it was in the process of acquiring Good Technology, JPMorgan had not only a conflict of interest, it did not satisfy its advisory role to Good Technology which… Read More ›
Despite this move, according to a source with the knowledge of the matter, Google could license the technology to its partners and technologies developed from Project Ara could still see the light of day. According to two sources with the… Read More ›
The move could potential see more voice controlled appliances hitting the market in the near future. In a development that could potential see Amazon’s virtual assistant Alexa in more devices, LG Electronics has disclosed that it is set to partner… Read More ›
After the lifting of the sanctions, Iran is bolstering its oil production levels, which is putting even more stress in the already overflowing global oil pool. Putin’s statement essentially underscrores the fact that since Iran is starting from a low… Read More ›
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