With its competitors stalling in fear of U.S. sanctions, PSA and Renault in a swift calculated move have grabbed market share in Iran’s booming car market and have secured contracts to boost production deals. French car manufacturing companies such as Renault and PSA have made significant inroads in the Iranian car market. Despite their diminutive…
The move is essentially a pressure tactics. U.S.-based Western Digital Corp has taken legal action to potentially derail Toshiba’s sale of its chip manufacturing business with its application of international arbitration. Western Digital Corp wants to stop its partner, Toshiba Corp, from selling its chip manufacturing business without its consent. This will impact Toshiba’s attempt…
Hospitals across the country were forced to turn away patients due to the cyberattacks. Britain’s defence minister Michael Fallon has disclosed that the country is spending $64 million (50 million pounds) on improving the security of the National Health Service’s computer systems while warning that the institutions faced cyber threats. During an interview on BBC’s…
Not to use foreign exchange to gain competitive advantage, but sticking to their cautious wording on trade is the strategy of the financial leaders of seven leading world economies against cyber crime who pledged stronger cooperation against cyber crime. In order to discuss the world economy, combating terrorist funding, cyber security and taxes, finance ministers…
According to claimed that have been made by consumers who are trying to beef up a settlement with the bank over abusive sales practices, Wells Fargo & Co. may have opened as many as 3.5 million fraudulent accounts in the last 15 years. There were claims that since 2011, employee at the bank may have…
Using its own game – low prices, the world’s biggest retailer is being attempted to be beaten by German grocery chain Aldi Inc. According to Chief Executive Jason Hart, Aldi’s internal studies show its prices are 21 percent lower than its lowest-priced rivals, including Wal-Mart Stores Inc. Aldi has 1,600 U.S. stores. A massive expansion…
Provided that politicians don’t erect walls to shut out the U.K., London’s financial sector is inventive enough to find a way around Brexit and remain integral to the European Union’s economy, said Barclays Plc Chief Executive Officer Jes Staley. “So long as those barriers are not put up, there will be workarounds around Brexit so…
The order builds on efforts made by the previous Obama Administration. The Trump Administration has made its first significant move in what U.S. President Donald Trump called a top priority, on Thursday, the U.S. President signed an executive order that aims to bolster the government’s cyber security defences and protect its critical infrastructure from cyberattacks.…
Taiwan’s move will not only boost U.S. defence jobs, but will also help defend Taiwan from any external aggression. In a comment aimed at countering Chinese influence, Taiwan has stated it will continue to buy U.S. arms. The purchases will boost U.S employment in at least 6 states and narrow the bilateral trade gap. In…
Although more chic, these are 10%-15% cheaper than the cost of installing a 1700 sq ft rooftop along with traditional solar panels. Tesla Inc has reported that it has begun taking order for its solar roof tiles, a cornerstone of Elon Musk’s strategy of a green, fossil-fuel free lifestyle. Tesla said these solar roof tiles…
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