A British start-up that manages diversified investment plans is the latest company for investments by insurance giant Aviva where the company has bought a majority stake. Via its app MyAviva, the customers of the insurance company would be allowed to access “robo” investment firm Wealthify’s services by this stake acquisition, the insurer said on Thursday. Through…
In a historic development, a U.S. senate panel has overwhelmingly approved a bill aimed at reducing the time gap before robotic self-driving cars are deployed on U.S. roads. In a development that will lend further momentum to automakers, a U.S. Senate panel has unanimously approved a bill aimed at speeding the deployment of self-driving vehicles…
This is the reason why the automaker was forced to recall 1.2 million cars in Japan. On Wednesday, Japan’s transport ministry stated it had carried out spot inspections at two of Nissan Motor Co Ltd’s plants which produce vehicles. The development assumes significance in the wake of irregularities which forced the automaker to recall 1.2…
OLED displays are set to gain market share with Japan Display preparing to mass produce them from 2019. On Wednesday, shares of Japan Display Inc have jumped by 24% after Japan’s Nikkei business daily reported that the company had developed a way to mass-produce lower-cost organic light-emitting diode (OLED) screens and which it would start…
After the U.S. Department of Commerce decided to slap heavy import tariffs on jets partly made in Northern Ireland, the so-called “special relationship” between the U.S. and U.K. was looking decidedly shaky. Hints that the trade relations with the U.S. aerospace company could be further affected was given by U.K. Prime Minister Theresa May after…
If you’re looking to find out where highly successful leaders get their inspiration – here is the answer. Self-made billionaire Richard Branson is worth an estimated $5.1 billion, according to Forbes which he has derived from more than 60 businesses that he has overseen. Sharing of his leadership tips has been a trait for Branson. after…
Many large U.S. tech companies routinely transfer private EU citizen’s data without sufficient protection from U.S. mass surveillance. On Tuesday, in a case which has significant implication for many big companies, Ireland’s High Court stated it would ask EU’s top court to rule on the way in which internet companies, including Facebook, Apple and Google,…
The U.S. automaker is planning on ramping up its electric vehicle lineup to tap increasing Chinese demand for electric vehicles. According to two high ranking sources with Ford Motors Co, the U.S. automaker is planing on overhauling its China strategy since its global “One Ford” idea is not having the required impact in China, the…
Asatsu-DK Inc is Japan’s third largest advertising agency. Bain has stated it will step away from its bid if it fails to acquire a stake larger than 50.1% in the company. In what could potentially be one of Japan’s largest buyouts this year, Bain Capital, a U.S. private equity firm disclosed it purchase Asatsu-DK Inc,…
Although a succession plan is ready and analysts no change in the company’s profitability, however, new emerging technologies could potentially see a spike in TSMC’s costs, said analysts.
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