Resilience in consumer spending and a rebound in exports offset a decline in business investment in the third quarter for the United States economy resulting in the economy slowing down at a slower pace than markets had been expecting, This… Read More ›
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LVMH In Negotiations For Purchase Of Iconic Jeweller Tiffany
Preliminary discussions to buy United States jeweller Tiffany & Co have been held by the French luxury conglomerate LVMH, it confirmed recently. “There can be no assurance that these discussions will result in any agreement”, LVMH said in a statement… Read More ›
UK Charity Says Dismally Slow Progress Being Made In Reducing Gender Pay Gap
A recent report from the equality charity the Fawcett Society claims that efforts to close down the gender pay gap have been “dismally slow”. The charity said that it would take 60 years to eradicate the gap at the current… Read More ›
Weak Oil Prices And Hurricane Impact Force Drop In BP Profits
Gloomy forecast of the global economy has resulted in a drop in global oil prices which have dragged down the profits of BP for the latest quarter. Underlying profits for the last three months of $2.3bn was reported by the… Read More ›
More Action On Fake News Needs To Be Done By Facebook, Google And Twitter, Says EU
A “code of practice on disinformation” of the European Union – which is a voluntary agreement that details he measures to fight fake news on online platforms, was signed a year ago by Facebook, Google, Microsoft and Twitter. However the… Read More ›
Nokia Facing Troubles To Keep Pace With Pace Rival 5G Companies, Shares Drop 20%
It is becoming increasingly increasing difficult for the Finnish telecom company Nokia to keep pace with its rivals in the 5G mobile connectivity industry. That was probably reflected when the profit outlook for the current year as well as for… Read More ›
US Lawmakers Grill Facebook’s Zuckerberg Over A Host Of Issues
The policy of the social media company Facebook of not fact checking political ads was severely criticized by lawmakers in the United States while interviewing Facebook CEO Mark Zuckerberg in a Congress hearing. Zuckerberg was also accused by the lawmakers… Read More ›
Five New Islands In The Arctic Revealed Due To Melting Ice
Five new islands have reportedly come out because of melting glaciers in the remote Arctic as found out by the Russian navy. The islands being referred to were charted by an expedition in August and September. The head of the… Read More ›
Study Finds Athletic Performance Boosted As Effectively By Potato As Carbohydrate Gels
According to a study posted on the website of the University of Illinois, when people undergo prolonged exercise, consuming of potato puree has the same impact or effect on sustaining blood glucose levels and boosting performance in trained athletes as… Read More ›
New Report Claims China Has 206 Unicorns – More Than US And World’s Largest
A new report published by a Shanghai-based research institute has found that there are more unicorns in China than the United States and the largest in the world. There are 206 unicorns currently in China according to a research by… Read More ›