Chinese IT company Huawei is doing good in all of the global markets that it is operating in except the U.S. where it is facing stiff challenges from the government and others. A profit growth of 28% – totaling $7.3 billion, for 2017 was reported by the Chinese tech company on Friday, in comparison, there…
Amazon.com Inc. has been able to seal support of the millennial shoppers, their parents and most of their grandparents. However, the largest e-commerce firm in the world has not been able to tap one group of potential customers. A big challenge to Amazon is posed by teenagers who are also known as Generation Z. This…
The U.S. and China could end their trade hostilities and it is hoped that an agreement can be reached between the two countries in order to satisfy U.S. President Donald Trump not to impose tariffs on at least $50 billion worth of goods imported from China, said U.S. Treasury Secretary Steven Mnuchin. He said this…
A new Kaiser Permanente research published today in JAMA Pediatrics claims that compared to the general populations, it is most likely that complete vaccination would be possible for children who have autism and their younger siblings. “In this large and comprehensive study, we found that after children received an autism diagnosis, the rates of vaccination…
Following retailing company Next describing the last fiscal to be the most challenging in the last 25 years, the company reported a fall of 8% in its yearly profits. 2017 was the second consecutive year for the company when profits declined as the company reported pre-tax profits dropping to £726.1 million in the 12 months…
As an Air India flight from New Delhi landed at Ben Gurion Airport in Israel, history was made as this is the first time that a commercial flight has been allowed into Israel through Saudi Arabia as the Middle eastern country opened up its skies to Israel. A diplomatic shift for Riyadh was reflected by…
As the U.S. President Donald Trump is all set to announce his policy of more tariffs towards China, both Main Street and Wall Street prepare for a showdown between these two economies. Expectations It is expected that Trump would levy import tariffs on Chinese goods worth $60 billion annually which is just a bit more…
Tesla founder and chief Elon Musk will become the richest man in the world by quite a distance if he is able to take Tesla past the $650 billion market value mark within the next decade. This is because of the new payment plan for the CEO of the company which the shareholders of the…
Investigations against luxury car maker BMW on suspicion of the German company cheating emission norms with the use of a software, led German prosecutors to raid the headquarters of the company. Prosecutors said that a site of the company in Austria and the Munich based headquarters of the company were raided by around 100 police…
There are many companies that are now engaged more and more in a race in the market where that deals with manufacturing of perfect hardware for accelerating applications using artificial intelligence. A new market research report from Tractica claims that significant progress has been made in compute – one of the three key parts of…
