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Boeing Says China Will Need to Spend $2.9 Trillion on New Aircrafts and Services
17.9.2019
Boeing may be the biggest aircraft maker in the world, but in addition to that, the company remains one of the biggest authorities on the aviation sector as a whole. Hence, when the company releases its annual report regarding its outlook on the commercial aviation sector in China, it is supposed...
GM to Include Electric Pickup and Batteries in $7 Billion U.S. Investment Pledge
17.9.2019
Over the past few years, the automobile industry in the United States has come under a lot of pressure due to the fact that most of those companies had a large number of overseas production facilities. The United States President, Donald Trump has been quite vocal about the whole affair and even...
Short-Term Finance for Trading Purposes in Turmoil in US
17.9.2019
When it comes to short-term trading, some of the biggest institutions in the world also need access to cheap financing to make the whole thing worthwhile. At the end of the day, if the rate of interest on short-term borrowing for trading purposes goes up even by a small percentage, it can eat into...
Here’s How Europeans Can Deal With Negative Interest Rates
17.9.2019
Low and negative interest rates have been a burden for account holders across Europe for some time. And it’s only getting worse, as the European Central Bank just announced a new rate cut to a record low of -0.5%. Private and corporate customers in many countries on the continent don’t...
Yandex ties up with VTB bank launching an Investment Portal
16.9.2019
After a much-struggled partnership between Yandex, Russia’s most valuable digital company and Sberbank, a retail state-owned bank to kick start an internet marketplace, everything seems to have come to an abrupt halt. Media is considering it be the case of sour grapes. Yandex is rather looking...
Diesel Cheating Settlement in Australia Finally Agreed By Volkswagen
16.9.2019
German car manufacturing giant Volkswagen has been beset with scandals over the past few years, and while the company is trying to turn over a new leaf, the aftermath of the scandals keep bugging it. The emission scandal had almost threatened to take down the company a few years ago, and...
As Global Economy Weakens, Federal Reserve All Set for Stimulus Pump
16.9.2019
It has been clear for quite a while that the global economy has been weakening for the past few months, and there has been a lot of speculation regarding the possible solutions to the impending trouble. The trade war between the United States and China is definitely one of the reasons behind...
At Least 19 Central Banks Give Way to Monetary Easing As Economy Slows
16.9.2019
In a coordinated fashion, more than 18 central banks worldwide have or plan to cut interest rates, sparking a domino effect of monetary easing. It’s been 10 years since the world has seen central planners orchestrate such harmonization in an attempt to save the economy from a deep recession....
ConsenSys Announces Codefi Project to Boost DeFi Adoption
15.9.2019
ConsenSys is doubling down on the DeFi ecosystem with a new product suite called Codefi
Data Analytics Firm, Getida, Merges with Israel’s Inventory Detective
15.9.2019
GETIDA, the renowned NewJersey-headquartered data analytics firm that provides intelligent analytic services for sellers on Amazon has announced that its merging with Israel-based Inventory Detective—an FBA (Fulfillment by Amazon) inventory reconciliation provider. The news of the merger came forth...
Crypto Facilitates Money Transfer for Restricted China
14.9.2019
Crypto is not illegal in China, but it is illegal for banks and financial institutions to deal in crypto. It’s also illegal to send or receive over $50,000 in fiat money without government permission. Restrictive banking regulations, international trade wars, and a surveillance state in...
Big Banks Won’t Touch Crypto Clients – But These Smaller Banks Will
13.9.2019
Cryptocurrencies undoubtedly bring new business opportunities. The expanding industry around digital assets and its customers need more and more services that traditional sectors can provide. Banking is often a bottleneck in the crypto space as most traditional institutions are still reluctant...
Microsoft to Collaborate with AGRA to Bring about Technological Solutions in Agriculture
13.9.2019
Over the past few decades, the biggest tech companies have become more involved in a wide range of activities and much of those are far from their core businesses. Microsoft is possibly the first tech behemoth to have emerged all those years ago when the tech sector was changing dramatically,...
Tiger Global and Lightspeed Lead $67 Million Funding Round in India’s OkCredit
13.9.2019
Over the past three decades or so, India has emerged as one of the biggest economies in the world. The advancements have fueled much of the country’s economic growth in the tech services sector, but over the past five years or so, a vibrant startup scene has evolved. From e-commerce payments...
WeWork Tries to Curb Co-founder’s Voting Power in Move to Salvage IPO
13.9.2019
The WeWork IPO is not going to plan and that is not quite clear for everyone to see. Since the start of 2019, there has been a lot of buzz about the range of mega initial public offerings that were going to take place this year. Some of the IPOs that had been the talk …
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Walmart’s ‘Delivery Unlimited’ Service All Set to Be Expanded Across the United States
12.9.2019
Retail behemoth Walmart has possibly been the most innovative company when it comes to traditional retail, and over the years, it has tried a wide a range of tactics to enhance its already impressive market dominance. Over the past decade or so, the company has also devised ways to tackle...
Yahoo Japan Set to Buy Fashion E-Commerce Giant ‘ZoZo’
12.9.2019
While it is true that Yahoo has fallen way behind the tech giants of the day, its joint venture Yahoo Japan remains one of the world’s biggest internet companies in the world. At this point in time, Yahoo Japan is the most dominant internet company in the Asian country and continues to consolidate...
Greta Thunberg Joins Satoshi in Questioning Bank Bailouts
12.9.2019
Saving planet Earth is a noble goal with many different dimensions. Climate change needs to be addressed vigorously as our world warms up faster than ever. Economic development needs a higher degree of financial freedom to provide everyone access to opportunities and wealth. A teenager from...
Usman Wahid and Kate Eades Appointed as Partners at KPMG Legal
12.9.2019
Some of the biggest corporations in the world now need thorough insights on every aspect of their business in order to stay ahead of their competitors, and those key insights are delivered by consultancy firms. There are a handful of consultancy firms in the world which provide their services to...
Mastercard Teams Up With R3 To Create Blockchain-backed Cross Border Payments System
12.9.2019
Nowadays, the mere mention of blockchain technology makes people associate the whole thing with Bitcoin and other cryptocurrencies. However, in this regard, it needs to be pointed out that blockchain technology in itself is independent of cryptocurrencies and can be used in a wide variety...