Stakes in Oil-Company Units Planned to be Sold by Kuwait

As the Middle Eastern government plans to tap global capital markets for funds and improve efficiency in its most important industry, Kuwait is taking steps to sell minority stakes in units of the state oil producer. Anas Al-Saleh, acting oil minister, said that the shipping and chemical arms of Kuwait Petroleum Corp. and the sales…

$12 Billion Order from Revived SpiceJet Sets Boeing, Airbus Dueling

The change in business fortunes has been dramatic. As creditors retreated and oil companies refused to refuel its airliners SpiceJet Ltd. was fighting for survival just a couple of years ago, today the recovering Indian budget carrier is being wooed by the world’s biggest planemakers for a potential blockbuster order worth about $12 billion. Quoting…

Qualcomm’s Snapdragon 821 chipset to feature in devices launched after September 2016

This also heralds the release of smartphone-free VR headsets. Qualcomm’s new Snapdragon 821 processor is nearly 10% faster than its predecessor the Snapdragon 820 processor. It has made clear that the Snapdragon 821 is not a replacement for the Snapdragon 820, which is currently featured in high-end smartphones including Xperia X Performance, Samsung Galaxy S7…