Saudi Business Plans Affected By The Fallout Of The Khashoggi Case

A large section of the global business world has been impacted by the disappearance and death of Saudi journalist Jamal Khashoggi. This has resulted in uncertainties about planned investments in Saudi Arabia in various partnerships and in projects related to the in banking, transportation and technology sectors. Ever since the disappearance of the Washington Post…

The Billionaires Engaged In The Commercial Space Race

Interest in what is known as the “NewSpace” – creating create cheap, commercialised space travel, has caught the interest of an increasing number of entrepreneurs. Three of the top such entrepreneurs that have made a huge splash in the market include billionaires Elon Musk, Jeff Bezos and Sir Richard Branson. All of them have been…

ZF Friedrichshafen acquires 35% stake in autonomous vehicle specialist ASAP

ASAP specializes in developing and testing software and electronic architecture for human to machine interfaces, software for autonomous driving, and car-to-x communication. As part of its strategic push into the future of mobility, car parts maker ZF Friedrichshafen has acquired a 35% stake in ASAP – a Germany-based company which specializes in developing software and…

Commodity trading platform Qianhai Mercantile Exchange (QME) begins operations

Till the end of 2018, QME is waiving all trading fees on its platform. In a statement, the Hongkong Exchange (HKEX) Group disclosed, Qianhai Mercantile Exchange (QME), a Shenzhen-based commodity trading platform controlled by it has begun operations since Friday. As part of its drive to attract business, QME which so far is only trading…

China Consumer Association chastises Apple following Apple ID thefts by hackers

Apple users who had not enabled the two-factor authentication have fallen victim to phishing scams. Apple has stated, the incident has led to a rise in “false and fraudulent refund claims trying to take advantage of this incident.” Earlier thhis month, following an internal investigation Apple stated, it had uncovered a “small number of our…

Carl Icahn boosts his stake in Dell tracking stock to 8.3%

After Icahn’s latest purchases, he has become the second biggest shareholder of Dell’s tracking stocks. In a strategic development, activist investor Carl Icahn has reportedly increased his stake to 8.3%, up from 1.2%, in Dell tracking stock as he looks to block a proposed plan to take Dell public again. In July, Dell Technologies had…