Import tariffs on Chinese goods into the United States worth $50 billion have been approved by President Donald Trump. It is expected that the US Trade Representatives would make a formal announcement on the new tariffs in a day or… Read More ›
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Comcast Prepares $65 Billion Bid For 21st Century Fox
Comcast has reportedly prepared a counter bid for 21st Century Fox and its assets to thwart attempts by Disney. It has been reported that he former has prepared bid for $65 billion all-cash offer to counter the $52.4 billion deal… Read More ›
US Snatches Accolade For Possessing World’s Most Powerful Supercomputer From China
The most powerful calculating machine in the world unofficially is a supercomputer named Summit. It was unveiled at Oak Ridge National Lab in Eastern Tennessee. The purpose of the design was partly to increase the techniques of artificial intelligence which… Read More ›
Ticket Resale Industry Targeted By FIFA Before The World Cup
Football fans are being duped by ticket resellers, say FIFA just days before the football World Cup is set to begin in Russia. “Secondary ticketing” is a big business. According to news reports, the business is estimated to be worth… Read More ›
300% Over-subscription For Foxconn Unit’s $4.27 Billion IPO In China
There was 300 per cent oversubscription for the stocks of Foxconn Industrial Internet in what is being touted as China’s biggest IPO in the last three years Driven by expectations of a price rise following the listing, there was high… Read More ›
EU To Impose Tariffs On US Imports From July
The retaliatory import tariffs that has been announced to be imposed by the European Union on goods from the United States would be implemented from next month. The list of goods include a range of products from Harley-Davidson motorbikes to… Read More ›
Europe Is Dependent On Gas From Russia For Its Energy Needs
It is hard for Europe to dump Russia despite its desires to do so. Vienna gave a warm welcome to Russia President Vladimir Putin on the occasion of the 50th anniversary of Austria becoming the first western country that agreed… Read More ›
World’s Longest Flight To Be Started By Singapore Airlines Again
The longest non-stop commercial flight between Singapore and New York would be started by Singapore Airlines from October 11, 2018. The approximate duration of the flight would be 18 hours and 45 minutes. The new Airbus A350-900ULR (ultra-long-range) aircraft would… Read More ›
Sugar Substitutes Market To Touch $19.1 Billion By 2024: Grand View Research
A new report by Grand View Research, Inc estimates that the global sugar substitutes market size would reach a total value of $19.1 billion by 2024 at a rate of growth of 4.2% CAGR. The drivers for the estimated growth during the… Read More ›
Saudi Crown Prince Mohammed Bin Salman Warned By Al-Qaeda For His Reforms
Saudi Arabia’s Crown Prince who has initiated a spree of social and economic reforms in the kingdom has been warned for his “sinful projects” by Al-Qaeda in the Arabian Peninsula. The warning was published in a bulletin released on Friday. Some… Read More ›
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