The possibility that employment has peaked at the firms that are the world’s biggest providers of banking jobs was highlighted when China’s four biggest banks reported that staff numbers fell by the most in at least six years in the first… Read More ›
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Millennials can Forget Sefie, Virtual Realty ‘Surroundie’ is here to Replace it
Helped by the rise of virtual reality (VR) headsets and affordable 360 degree cameras, selfie lovers can forget it and adopt the “surroundie” which can soon become the newest trend in picture taking. A selfie taken with a 360 degree… Read More ›
Zukerberg Disappointed with SpaceX Rocket Blast Carrying Satellites for its Africa Internet Connectivity
Hobbling a Facebook Inc. initiative to spread internet access across Africa and marking the second loss of a spacecraft by Elon Musk’s venture in a little more than a year, a SpaceX rocket blew up on a launchpad in Florida. As SpaceX… Read More ›
U.S. Military Aircraft Manufacturers Looking at Asia as the Growth Market
The United States may start notifying U.S. lawmakers as early as next as it is poised to sell $7 billion worth of Boeing Co fighter jets to Qatar and Kuwait after years of delays. The Reuters reported this citing information… Read More ›
$1.8 Billion U.S. Property Deal Lost by Goldman Sachs: Reports
The Blackstone Group LP to prevail with a $1.8 billion deal for Alecta’s U.S. real estate sale, after Goldman Sachs Group Inc., which was the original winner of the sale, managed to goof up the transaction due to a disagreement… Read More ›
Mylan’s Generic EpiPen to be Available at Half the Price of Original
As a second step in less than a week to counter the backlash over the product’s steep price, the first generic version of its allergy auto-injector EpiPen for $300, half the price of the branded product, Mylan NV said. In… Read More ›
Goldman is Upbeat Over India and these are the Reasons Why
According to Goldman Sachs, in the current fiscal year, the world’s fastest-growing major economy is set to accelerate. The investment bank said in a note that accelerating from 7.6 percent in the previous year, India’s economy is set to grow… Read More ›
Agreement Reached Between Viacom and Controlling Shareholder Sumner Redstone: Reuters
An agreement on terms of a settlement that would result in the departure of Chief Executive Philippe Dauman has been reached between Viacom and controlling shareholder Summer Redstone, reports Reuters quoting sources familiar with the situation. The battle has been a… Read More ›
Sharing Economy to Ease Europe’s Refugee Crisis to be Used by This Not-profit Organization
Where to house the refugees and how to assimilate them into the host country’s culture are the two main concerns of Europe’s refugee crisis and the sharing economy’s methods is being aimed by one non-profit organization in the region to try… Read More ›
Eurozone’s banking environment challenging – Deutsche Bank’s retail chief
Given the present conditions, the bank’s top management could once again forego their yearly bonus. According to Deutsche Bank’s retail chief, interest rates in the Eurozone could be hovering around the 1% mark after 3 years. Christian Sewing, Deutsche Bank’s… Read More ›