Aimed particularly at simplifying trade finance transactions for small- and medium-sized companies, a blockchain-based platform for seven big European banks, including HSBC and Deutsche Bank, is being built by tech giant IBM. One of the top areas where blockchain – the underlying technology behind bitcoin – could have an impact was identified as trade finance…
The company is eyeing more tax incentives as it positions itself for deepening its market penetration in India. When Apple’s CEO Tim Cook met Indian Prime Minister, Narendra Modi, at a business summit in Washington he took the opportunity to highlighted the economic impact Apple has had on the Indian economy as he tries to…
Cupertino is increasingly relying on businesses to be its revenue generating engine. The company has tied up with IBM SAP to encourage developers to write business apps for its ecosystem. On Monday, Tim Cook, Apple Chief Executive disclosed that the company is working with Cisco Systems Inc to help businesses that primarily use gear from…
It turns out, in the age of self-driven cars, car rental companies do have a future, albeit with a change in their business model. The self-driving car unit of Alphabet Inc, Waymo, has disclosed that it has signed a multi-year agreement with the Avis Budget Group Inc, a car rental company, for managing its growing…
A wild card into one of the biggest and most complicated recalls in automotive history is to be thrown by the expected bankruptcy of troubled air-bag maker Takata Corp. and it isn’t just a crisis for its employees and suppliers. From Tesla Inc. to Toyota Motors Corp., tens of millions of defective air-bag inflators used by 19 car and truck…
Banking passport into Ireland was acquired by Starling Bank which relies on a mobile phone app instead to cut running costs and appeal to new customers and is a new U.K. challenger bank that doesn’t have branches. Taking advantage of the EU ‘passporting’ rights that allow companies to set up in other nations more easily…
With cyber security increasingly gaining prominence in the wake of growing threats from Chinese and Russian hackers, a separate listing for Forcepoint has potential. In an interview published on Sunday, German business daily Boersenzeitung reported, Raytheon could potentially come out with an IPO for its cyber security unit. “Raytheon has undertaken that Forcepoint will achieve…
