The elevation of key human resource personnel to Novartis’s board suggests that Vas Narasimhan is aiming to turn a new leaf at the Swiss pharmaceutical giant. Vas Narasimhan, Novartis’s new CEO is strategically changing the leadership in the Swiss drugmaker…. Read More ›
technology
The Trump Administration’s Great Firewall of Commerce blocks Huawei Technologies and ZTE from gaining access to U.S. market
The Trump Administration is taking a stronger stance on national security policies initiated by the Obama Administration and is increasingly frustrating Beijing’s efforts at acquiring strategic U.S. industries and U.S. technology. Two congressional aides have disclosed, U.S. lawmakers have urged… Read More ›
Japan’s SoftBank Group aims to sell its Japanese wireless business to raise at least $18 billion
The SoftBank Group’s proposed $18 billion (2 trillion yen) IPO would mark it as one of the biggest listings by a Japanese company. On Monday, the SoftBank Group Corp disclosed, it is considering an IPO for its Japanese wireless business… Read More ›
Here’s how the U.S. industry is going to benefit from the tax overhaul
The Republican-led overhaul of the U.S. tax code, a milestone in U.S. history, has direct and indirect benefits but the sectors that are likely to gain the most are highlighted below with notes from analysts. With the Republican-led U.S. House… Read More ›
Softbank’s SoftVision Fund to invest $300 million in food delivery startup, DoorDash
San Francisco based DoorDash, is an on-demand restaurant delivery service started by 3 students from Stanford University. SoftBank Group Corp plans on investing nearly $300 million into San Francisco-based food delivery startup DoorDash. The investment will be routed through… Read More ›
Investors increasingly gravitating towards crypto-currencies
Although the issuance of initial coin offerings (ICO) have under regulatory scrutiny in the U.S, investors are expertly straddling borders with ease and are flocking to offshore destinations to raise millions in a matter of minutes. Interestingly, investors who are… Read More ›
Toyota partners with Mazda Motor Corp to develop electric vehicle technology
The declining costs of battery technology is heating up the race to place electric vehicles on the consumer market by 2020. In efforts aimed at shortening the lead between its rival and itself, Toyota Motor Corp has establishing a new… Read More ›
May’s hard Brexit stance pushing financial institutions to relocate to EU
Based on Theresa May’s Brexit stance, most large banks in Britain are working on the assumption that that the most likely outcome of Brexit will be Britain losing its access to EU’s single market and resulting in ‘Hard Brexit’. As… Read More ›
Apple can now test self-driving vehicles in California
With Apple getting the permit by itself does not denote that Apple is in the self-driving car market, it however makes its intent lucidly clear. In a significant milestone for the upcoming electric vehicle industry, Apple Inc has managed to… Read More ›
VW’s CEO not ruling out merger talks with Fiat Chrysler
Fiat Chrysler’s CEO Sergio Marchionne has been an advocate of sharing the costs of cleaner next gen advance technology. The CEO of Europe’s biggest carmaker, Volkswagen AG, has stated he is yet to rule out talks on the potential acquisition… Read More ›