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 ›
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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 ›
3.5 Million Is The New Estimate For Wells Fargo Fake-Account, A 67% Increase
In a sign Wells Fargo & Co is still struggling to move past a scandal that sparked record fines and congressional investigations, the bank raised its estimate for how many bogus accounts employees may have created. According to a statement on… Read More ›
Growing U.S. Role Underlined By Harvey’s Impact On World Oil Market
The ripple effect of Texas’s deadly storm, highlighting the growing importance of the U.S. for the global oil industry is being felt by world energy markets, from butane in Asia to gasoline in Latin America and diesel in Europe. The… Read More ›
Weak oversight surrounds Wisconsin-Foxconn LCD Screen plant deal: Legislative Audit Bureau
Given Foxconn’s global track record in job creation and the systemic deficiencies in the Wisconsin Economic Development Corporation’s working, Foxconn’s LCD screen manufacturing plant in Wisconsin has significant challenges ahead. Going by audits conducted at the state of Wisconsin, the… Read More ›