According to the latest Lloyds Bank business barometer, nearly one third of the companies in the United Kingdom complaining that their business is already being negatively impacted by Brexit. There was a fall in the business confidence for the current month by six points to 23 per cent which was because of reduction in trading…
Some details of the secretive electric car program of Dyson has been revealed by the company itself. Plans doe another round of investments worth £116 million ($151 million) for the building of test tracks of 10 miles and offices for 2000 employees at a former Royal Air Force base in England has been announced by…
Technology news website 9to5Mac has confirmed that the photos it had put up of the gold colored iPhone X phones were not mockups but models resembling the current iPhone X. On September 12, Apple Inc is scheduled to host an event at the Steve Jobs Theater in its California, campus, where it is widely expected…
Although no date and price information is available for the acquisition, as per an industry executive in the augmented reality industry, the acquisition may have taken place in the first half of 2018. In a development that clearly shows Apple Inc’s plans for the augmented reality market, Cupertino has acquired Colorado-based Akonia Holographics – a…
Boeing won the contract by outbidding two other contractors. As per a statement by the Pentagon, Boeing Co has been awarded a $805 million contract for the design, delivery and support of 4 unmanned aircraft carriers-based drones that will be used to refuel aircraft for the U.S. Navy. In 2017, the U.S. Navy had published…
According to a report in a public broadcaster, a memorandum was given to the then chief executive of car maker Volkswagen, Herbert Diess which warned he top executive of the company that it would could face a big legal action in the US related to the use of a cheating software in cars. This memorandum…
After a month-long review of its business and because of steady pressure from hedge fund investors, Campbell Soup Company has announced that it is putting up for sale its international and fresh, refrigerated foods business. it has also kept its options open for putting up on sale the entire business. There has been no news…
Chinese telecommunications firms Huawei and ZTE is planned to be blocked from bidding on public contracts for building information systems by the Japanese authorities according to reports over security concerns. According to a report published in the Japanese newspaper Sankei Shimbun, the Japanese government is concerned about security of confidential information and cyberattacks and therefore…
The telecom market in Australia is preparing to shift to faster mobile networks and Vodafone feels that it would be able to better compete with the Australian telecom giants in that market with the help of an $8 billion merger. Telecons Telstra and Optus are ahead of Vodafone as mobile operators in the Australian market. The…
A routine maintenance led to the payment processing issues at Australia’s Central Bank. On Thursday, Australia’s central bank stated, an internal power failure caused by the maintenance of its fire control systems as the cause of its Sydney data center inability to process some payments. Although the outage lasted only 3 hours, according to representatives…
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