Amidst the attempts by a Singapore-based firm Infinium Robotics to carve a niche in the drone market by developing a flying warehouse robot, there are fears that very soon a flying drone could take inventory in a warehouse–and possibly someone’s job. The company later attempted to apply drone technology use in food service, although this…
Noises coming from the U.S. that suggest the new administration is moving closer to a trade war with China is at the centre of attention for A.P. Moller-Maersk A/S, the owner of the world’s biggest container shipping line. Maersk’s management has been but little unsettled by the Bottom of Form U.S. President Donald Trump’s rejection of…
Accenture Plc their deployment in sectors such as finance could be sped up and help make blockchain applications more secure by a new technology that it says it has developed. Storing of security credentials by the blockchain users in highly secure processors that are specifically designed to safeguard passwords and “digital keys” and hardware security…
Claiming that a defamatory article deprived her of the chance to launch a lucrative brand of clothing, shoes, jewelry and perfume, First Lady Melania Trump is suing a British newspaper, even though the article was later retracted. Accusing the London tabloid of making it almost impossible to take advantage of “major business opportunities” available “for…
As Apple Inc. is counting on India’s emerging middle class to make up for slowing sales in other markets, an Indian government official announced last week that iPhones will start rolling off an assembly line in Bangalore by the end of April. However, analysts are weary of the the iPhone conquering India, or any other emerging market right now.…
In what is a record for the world’s richest college, Harvard University raised $1.2 billion from donations. The New York-based Council for Aid to Education, which tracks university giving, said in a survey released Tuesday that as colleges collected an unprecedented $41 billion in fiscal 2016, Harvard’s take was the most by any U.S. university.…
Seeing an opportunity to gain on rivals in the booming NAND market, South Korea’s SK Hynix Inc has entered the running for a stake in Toshiba Corp’s memory chip business, reports the media quoting a person familiar with the matter. Reuters reported that although the size of the stake it wanted to acquire had not…
Positive betting that OPEC’s cuts are real are being put by investors. As signs show OPEC and other nations are slashing production, money managers are the most bullish ever on West Texas Intermediate crude for a second week. Russia, the largest of the non-members taking part in the deal, reduced output by 117,000 barrels a…
There were questions about how the Trump brand would be affected since the day Donald J. Trump began his presidential campaign. Was all the attention good for business, a marketing adage President Trump could have learned during his time as a reality television star or would his stream of insults hurt viewership of ”The Apprentice”…
For Takata Corp., the embattled air-bag maker that’s seeking a buyer after causing the biggest safety recall in automotive history, Chinese-owned Key Safety Systems Inc. has emerged as the leading bidder. While clarifying that no final decision has been made, the Tokyo-based supplier said in a statement that an external committee appointed to spearhead Takata’s…
