Proof of Qatar’s links to terror groups is perpetuated by Doha’s refusal of their demands to resolve a Gulf diplomatic crisis, said the four Arab states leading the boycott against Qatar said late on Thursday. The countries said that they… Read More ›
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For The First Time, A Larger Quarterly Profit Than Apple Could Be Logged By Samsung
Samsung Electronics is likely to surpass that of Apple’s for the same quarter for the first time ever, as the company is set to record its highest ever quarterly operating profit, analysts said. The South Korean electronic giant will highlight what it… Read More ›
Tesla Given A Shock By Volvo’s Electric Shift
Tesla has been given a sudden shock by Volvo. The Sweden-based carmaker has said on Wednesday that it will shift to a variety of hybrid and all-electric models and it will stop producing new gasoline-only engines from 2019. But simply… Read More ›
Economist Says Politicians Want To Hide The Threat Posed By German Banks
Saying shipping loans and too many bank branches are some of the very real problems they are currently facing, analysts have highlighted that Germany’s lenders are still not out of the woods, even with the Italian banking system in the… Read More ›
Divide With Trump Widen By European Companies Flocking Into Tehran
With respect to the aspect of preserving its new-found place in the global economy, Iran made progress this week. In what is the first to be finalized since U.S. President Donald Trump took office, threatening to abandon the 2015 deal… Read More ›
Anti-Fraud Fintech Firm’s CEO Says That Cyberattacks Rely On The Consumer And That’s A Problem
Fooled into entering his password for his private Gmail account was John Podesta, the former chairman of Democratic candidate Hillary Clinton’s presidential campaign, in March 2016. And locking down files of major corporations and demanding they pay a ransom to… Read More ›
What Iran Can Hope to Gain From Total’s $4.8 Billion Investment
In order to develop its giant South Pars gas field, the largest natural gas field in the world, Iran has signed a $4.8 billion deal with a consortium led by French oil company Total. The deal marks a major milestone for… Read More ›
Fallout From Maersk Cyber Attack Felt By Global Shipping Industry
The scale of the damage a computer virus can unleash on the technology dependent and inter-connected industry is shown as the global shipping industry is still feeling the effects of a cyber attack that hit A.P. Moller-Maersk two days ago…. Read More ›
‘Death By A Thousand Cuts’ Faced By The Iran Nuclear Deal
The Iran nuclear deal may face a lingering death even though, in a day-one spectacular, United States President Donald Trump decided against killing off the nuclear deal. On the need for a tougher line against Iran, Trump’s administration speaks with one voice… Read More ›
New Market Outlook Makes Investors Scramble To Keep Up Pace
The second half of 2017 just got a lot more interesting for investors scrambling to keep pace with a hawkish shift in the world’s biggest central banks. Based on overnight index swap rates and with the Bank of England and… Read More ›