Even though in the past one year, cists of stay has been increased by over 40 per cent of all NHS trusts in the UK, recent documents suggests that hospitals in England are making generating millions of pounds in car parking charges. The price of car parking for patients and visitors have been doubled by…
Phillip Frost, 82, who according to Forbes magazine is worth $1.9 billion, was charged by the SEC, along with other defendants, of defrauding investors and made $27 million in improper gains. He has now settled the SEC charge by paying $5.52 million. Phillip Frost, Florida’s biotechnology billionaire has agreed to settle with the U.S. Securities…
The contract is for developing advanced hardware in support of the F-35 Lightning II aircraft. In a statement the Pentagon stated, Lockheed Martin Corp has been awarded a $712 million U.S. defense contract for the development of advanced hardware for the F-35 Lightning II aircraft.
The strategic move can potentially benefit both Apple and Foxconn as it can significantly diminish the impact of the U.S.-China trade war, as well as take advantage reduced import duties. According to a source familiar with the matter at hand, Apple Inc will begin assembling its high-end iPhones in India through a local unit of…
Despite investing heavily into automated driverless train and trucking solutions to haul ore to its port operations, Rio Tinto Plc stated, it will not be trimming jobs in 2019. On Friday, Australian mining company Rio Tinto Plc stated although it has deployed automated heavy-haul trains to slash costs, it however does not expect to trim…
The NCA is investigating whether a government translator with access to wiretap recordings has tipped-off the target of an insider-trading investigation. As per a report from the Wall Street Journal, the UK National Crime Agency (NCA) is examining allegations that an employee has leaked information to a suspect for money, thus undermining a probe into…
Sigfox has collaborated with conservationists and specialized groups, including the International Rhino Foundation, to develop this tiny sensor. In a development that could potentially positively impact the environment, Sigfox, a French tech company has developed a bite-size tracker that once inserted into the horns of rhinoceros can help conservationists track, monitor and protect the endangered…
This strategic investment aligns multiple sweet spots: in a single stroke Elon Musk is increasing Tesla’s footprint in China, the world’s biggest auto market, boosting production capacity and export potential while facing Chinese EV startups head-on. In a development that marks Tesla’s latest attempt to boost its footprint in China, as per a local business…
2018 was perhaps the first year that the SUVs became more popular among customers compared to all other niche in the global automotive industry. Most of the major auto companies have come up with their own version of SUVs that can cater to any type of cars that customers could want – big, small, high…
The level to which Amazon has been able to own unrivalled position of power within the United States federal government has been underscored by the degree of lobbying by its officials, according to a report published in The Guardian. The report claims that the Trump administration was advised by a top Amazon executive in private…
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