Any kind of pressure to raise wages of employees from most of their employee was not felt by about one fourth of respondents, claimed the Chartered Institute of Personnel and Development and The Adecco Group in its newest edition of the quarterly published Labour Market Outlook. However, either some or significant pressure was felt by…
While Elon Musk has traditionally managed to win over investors with his visions, winning over analysts promises to be a lot harder. Here’s why. In an interesting tun of events, Tesla Inc upstaged the debut of its own electric heavy duty truck by showcasing a brand new $200,000 red roaster sports car which Elon Musk,…
The report by Brookings Institution is an eye opener. Brookings Institution, a Washington think tank, has conducted a study which concludes that digital tools are increasingly playing a pivotal role in transforming every workplace across industries in the U.S. According to the study, the usage of digital tools has increased dramatically in 517 of 545…
Companies across the global are pushing the advance of AI-based deep learning for facial recognition technology. The multi-billion dollar industry is seeing rapid adoption by China as it tries to enforce a rigid framework on its citizens much like its firewall which limits its citizens’ usage of the internet. On Wednesday, the SenseTime Group, a…
The new rules aim to balance the requirements of having a basket of vulnerabilities to conduct cyber attacks against enemy systems with that of protecting domestic industry and consumers from cyber attacks from foreign intelligence agencies, criminals and hackers. As per a national security official, speaking on the condition of anonymity, on Wednesday the Trump…
While confirming AXA sticking to it’s financial targets for 2016-2020, CEO, Thomas Buberl, has unveiled an intrinsic operating model that simplifies and refocuses the firms resources so as to boost shareholder’s value. On Tuesday, French insurer AXA confirmed that it was on on the path to meet its key 2020s financial targets thus extending the…
The firm has grown at a phenomenal pace of 40% compounded annual growth since 2011 and is expected to quicken its pace. The head of Travelers Cos Inc stated the company will stick to its growth plans on the cyber insurance, which protects businesses against liabilities revolving around hacking and cyber attacks. We feel like…
The previously planned huge display screen plant that will be worth $10 billion and is scheduled to be set up the city of Racine of Wisconsin State is all set to get a kick start as the Governor of the state – Scott Walker, signed the final contract with Foxconn Technology Group Chairman Terry Gou.…
Introducing quality assurance guidelines will be a step in the right direction for Japan’s aluminum industry as it tattles the fires of Kobe Steel’s data falsification scandal. On Monday, Mitsuru Okada, the chairman of Japan’s aluminum industry, Japan Aluminum Association, stated the the industry is considering the creation of sector-wide quality assurance guidelines if it…
Aramco’s IPO is central to Saudi Arabia’s strategic plan on diversifying its economy. On Monday, the CEO of Saudi Arabia’s Aramco disclosed that it plans on spending around $300 billion over ten years in upstream oil and gas projects. “This is mainly upstream, onshore, offshore and joint ventures in the kingdom and out of the…
