In order to avoid sanctions and fund Kim Jong Un’s regime, North Korea is trying to steal bitcoin and other virtual currencies, according to a report. With the suspected aim of stealing the digital tokens, North Korean hackers had targeted at least… Read More ›
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As Gap With New York Widens, London Wins Top Financial Center Title Once Again
As the gap with second placed New York City (NYC) widens, London has held onto top spot in the latest ranking of global financial centers according to the most recent iteration of the semi-annual report released on Monday. Compared to… Read More ›
$1 Billion In Digital Cash Sees Blockchain Developers Face Off Each Other
In a dispute that may help establish the leading player in providing new payment technologies to financial companies, two of the world’s largest blockchain developers are battling over more than $1 billion in virtual-currency options. Accusations of reneging on an options agreement… Read More ›
Scrutiny Of Pratt’s Balky New Engines On Airbus Jets Stepped Up By India
As the U.S. manufacturer tries to overcome glitches that have grounded some AirbusSE planes, regulators in India are stepping up scrutiny of Pratt & Whitney’s new jet engines. Civil Aviation Minister Ashok Gajapathi Raju said in an interview in New Delhi… Read More ›
In Indian Media Push, Amazon And Netflix Fight Each Other
Proof of a rising foreign presence in India’s fast-growing online entertainment business is the drama series Inside Edge, launched by Amazon to rave reviews in June. In the hope of capitalising on the explosive recent growth in smartphone penetration and… Read More ›
Eicher Motors place $1.8 to $2 billion binding bid for Ducati
Companies in the race to acquire Ducati include Indian automaker Bajaj Auto Ltd and Harley Davidson. With Germany’s Volkswagen Group putting up its motorcycle brand Ducati up on the block, U.S. motorcycle maker Harley Davidson and Indian automaker Bajaj Auto… Read More ›
Makan Delrahim in the lead to head the Antitrust division of the Justice Department
Democratic Senator Elizabeth Warren met up with U.S. President Donald Trump in the run up to the race as to how is going to head this important division. According to a source familiar with the discussions at hand, Senator Elizabeth… Read More ›
Leave Politeness At The Door Is You Want To Be An Entrepreneur
Maybe Travis Kalanick and Steve Jobs were onto something. According to a review by researchers at Aston Business School in the U.K. and Kansas State University in the U.S., even after controlling for gender, education level, and gross domestic product… Read More ›
Analysts Warn That In Two Months Time, There Can Be A Global Market Correction
According to an investor, in the next two months, a market correction could happen. “We believe there is a certain probability for a market correction over the coming two months, however, there is no inevitability for this to happen. What… Read More ›
Pressurizing North Korea Is Both ‘Futile’ And A ‘Dead-End Road’, Says Putin
Russian President Vladimir Putin has said that only dialogue without pre-conditions could resolve the North Morea crisis and urged the U.S. and others to avoid going down a “dead-end road” with North Korea. “Russia believes that the policy of putting pressure on… Read More ›