Given the equation AT&T has with the FCC, avoiding overbearing scrutiny may result in scuttling the deal. Turns out WPCH-TV could play a key role in this proposed merger. As per analysts, if AT&T were to divest its stake in… Read More ›
Strategy
Chinese recalls IoT enabled products after last Friday’s DOS attack
Hangzhou Xiongmai Technology has issued a recall for only some of its products manufactured before April 2015. With security researchers having identified the devices through which hackers conducted their attack last Friday, a Chinese company, Hangzhou Xiongmai Technology Co Ltd… Read More ›
Banks harness blockchain tech to unveil world’s 1st international payment
Eager to reduce costs, 70 of the world’s leading banks have got together to create a group, R3, which researched the benefits of blockchain technology and brought about “smart contracts”. In a development that has all the hallmarks of history… Read More ›
Wal-Mart invests $50 million in New Dada to tap the burgeoning Chinese online groceries market
New Dada has a joint venture with JD.com, in which Wal-Mart has a stake. Wal-Mart has realized that in order to survive and thrive in the Chinese market, local partners are key. In order to tap the world’s second largest… Read More ›
Brexit impact weighs heavily on Nissan
Nissan’s plant in northern Britain’s is the country’s largest. If it loses EU’s single market, it is likely to lose its competitive edge. As per Nissan Motor’s CEO, in November, the company will take the strategic decision as to whether… Read More ›
Altice USA could hit the primary market with an IPO
The company is drawing up plans to test the waters. Nothing is sure yet. Its at a preliminary stage. However, it makes sense if it were to come out with an IPO since it would give it a strategic hold… Read More ›
JD.com and Its Drones Called in by Wal-Mart as Part of its China Revival Strategy
Wal-Mart Stores Inc. aims to deliver goods from its stores around the world to Chinese consumers within hours as the world’s largest retailer is making an ambitious push into e-commerce in China. As a part of a pilot project by… Read More ›
Germany’s transport and pharma industries to bear the brunt of Brexit – Survey
Smaller European countries such as Switzerland, Netherlands and Belgium are likely to take a bigger hit since their industry and commerce isn’t as diversified as Germany’s. As per the results of a study in Germany, the country’s transport and pharmaceutical… Read More ›
New draft law aims to plug tax loop holes frequently used by MNCs in EU
Companies who have re-domiciled better perk up and pay attention. If the European Commission has its way, they will have to bite their tax bullet. The European Union is preparing a new law under which large companies in every country… Read More ›
Chinese foreign currency regulator busts underground bank transactions worth $148 billion
With the yuan trading at a 6 year low against the greenback and with the Chinese economy still loitering in the doldrums, regulators are especially eager to clamp down hard on the rabid underground economy. Financial News has reported, citing… Read More ›
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