For the first time in its 15 year history, profits for two consecutive quarters were posted by US electric car maker Tesla after it reported fourth quarter results of 2018. The company reported a profit of $139 million against revenues… Read More ›
Uncategorized
Apple’s Cook Hints Company Could Lower iPhone Prices In Some Markets
Hints that Apple could be lowering the prices of its iPhones in some places to increase falling sale was given by the company’s CEI Tim Cook. In the latest financial quarter, there was a drop of 15 per cent in… Read More ›
Gold Hits 7-Month High As Stocks And Dollar Slog On Macro Events
While waiting for three major macro events and a barrage of tech companies reporting earnings, markets adopted a cautious approach which pushed the value of gold to a seven month high. The markets are awaiting three crucial events – a… Read More ›
Sanctions On Russian Aluminum Firms Close To Putin’s Ally Lifted By US
Sanctions on three Russian companies that are allegedly linked to Russian oligarch Oleg Deripaska, an ally of President Vladimir Putinm have been lifted by the Trump administration. After Mr Deripaska ceded control, sanctions on aluminium giant US Rusal, En+ Group… Read More ›
KPMG Says Prayers For Extension Of Article 50 Being Made By US Firms For Brexit
Even as various data suggested a steep drop in foreign investments in the United Kingdom and a six year low for the outlook for growth, British companies are “praying for an extension to article 50” and not a no deal… Read More ›
Temporary Halt To Use Of Huawei Equipment Announced By Vodafone
Vodafone is likely to keep away from using Huawei equipment for its mobile networks. The security concerns and the political uncertainty that is now surrounding the telecommunication equipment supplied by the Chinese firm is the primary reason that Vodafone, the… Read More ›
UK Lawmakers Seek Suitable Rules For UK Financial Sector As Goldman Issues Warning
Goldman Sachs has warned that there can be job cuts if there is no deal when the United Kingdom goes out of the European Union. This has caused UK politicians to start an inquiry to ascertain the best way out for… Read More ›
Open-Source Startup Citus Data Acquired By Microsoft
The open-source company Citus Data has been acquired by US tech giant Microsoft with the aim of increasing the effectiveness and competitiveness of the cloud computing business of the company, said the tech company on Thursday. The open-source database software… Read More ›
Whatsapp, Instagram And Messenger To Be Integrated By Facebook
The messaging services on Instagram, WhatsApp and Facebook Messenger are being planned to be integrated by Facebook. While still remaining stand alone applications, the integration is being planned at a much deeper level which would allow linking of the three… Read More ›
UBS’ Ermotti Says There Could Be Quick Freezing Of Global Liquidity
Experts have made a wrong assessment about global liquidity and very soon there could be a freeze up of market activity, believes the chief executive of Swiss bank UBS. The worst December performance since the Great depressions of 1931 was… Read More ›
manageria.biz 