German lender Deutsche Bank plans to become more effective in wealth management business segment because it believes it would bring in steadier revenue streams and has plans to recruit an additional 300 relationship and investment mangers for that business by 2021. There is a major restructuring under way at Deutsche Bank and the company now…
For the United States based tech companies, 2019 has been a good year for growth so far even as US lawmakers have been contemplating the question – how big is too big. Over the past six months, there has been a 25 per cent value enhancement in the market value of four of the five…
Following a massive 20 years of negotiations, a huge trade deal has been struck between the European Union and the South American economic bloc Mercosur. This was the largest trade deal ever for the EU, said the block’s Commission chief Jean-Claude Juncker and added that the two parties have shown that “we stand for rules-based…
After the discovery of a new flaw in Boeing’s most sold and currently globally grounded 737 Max jets by the United State airline regulators last week, analysts say that it would not be until late this year that the jest would be allowed to fly once again in the air, claimed reports published din the…
Telecommunications equipment maker Nokia believes that the tirade against the rival Chinese firm Huawei – the largest manufacturer of telecommunications equipment in the world, has been a “net positive” it. The comments were made by president of mobile networks at the Finnish company, Tommi Uitto. Nokia now has the opportunity for grabbing market share because…
When Microsoft invested in Adaptive Biotechnologies – a an experimental health-care firm, in late 2017, it aimed to test out how its advanced cloud technology works in the area of life sciences as well as to make some profits as a major shareholders of the company. And now it appears that both the aims of…
The largest social media platform in the world in terms of user numbers – Facebook, had been consulting experts from outside of the company for examining the content review process of the company. The outcome of the consultations and discussions were revealed by the company on Facebook which provided a glimpse in the plans of…
The Apple executive who, over the years, had contributed ot the crafting of the first iPhone and numerous other devices of the company – the chief design officer of Apple Jonathan Ive, is slated to leave the company later this year. Ive was a part of the design team of Apple since 1996. According to…
Tesla has now revised the charge and thermal management settings on Model S and Model X vehicles through an OTA update. On Friday, Electric vehicle maker Tesla Inc stated, following its investigation into one of its car catching fire in Shanghai, it has concluded that a single battery module caused the car to catch fire.…
Spotify, Apple’s rival, has 100 million subscribers. Apple Inc has stated, its online music streaming service has garnered more than 60 million subscribers. Industry leader, Spotify Technology SA, has 100 million premium subscribers. The disclosure made by Apple’s senior vice president of services, Eddy Cue, was confirmed by Apple’s spokesman. Since May 2018, Apple had…
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