The deal comes ahead of the crucial upcoming American football season. On Monday, GVC Holdings Plc has agreed to enter into a joint venture with MGM Resorts International, a U.S. hotel and casino operator, to set up an online betting platform in the U.S. ahead of the upcoming American football season. Initially, GVC Holdings Plc…
Analysts at UBS said in a note Friday that if the current trade tensions between China and the United States enhances further and turns into a full-blown trade war, there can be steep drops in global stock markets which would not be desirable for investors. The Swiss bank had estimated through its calculations that profits…
A first systematic analysis has revealed has noted that damaging impacts of humanity have impacted about 87% of the world’s oceans. There is virtually no ocean that remains that is able to harbour naturally high levels of marine wildlife except for some of the remotest areas of the Pacific Ocean and the poles. the researchers…
The prices of carbonated drinks would be increased by Coca Cola, the company announced on Wednesday, and United States President Donald Trump’s trade war was partly responsible for the move by the global confectionary company, said its CEO James Quincey. Quincey blamed “broad based” cost increases for a price hike that is most likely during an earnings…
A declaration that highlights and underscores the importance of an “open world economy” where there is benefit for countries from globalization was signed by the leaders of the Brics emerging economies. An “open and inclusive” multilateral trading system as dictated by the World Trade Organization rules was also supported by Brazil, Russia, India, China and…
There has been a sharp decline in the operating profits of the Finnish information technology company Nokia for the second quarter of the current year. This was announced by the company in its interim report filed by the company earlier this week. There was a fall of a very significant fall of 42 per cent…
The development has given rise to expectations that Samsung Electronics can now launch its foldable screen which its mobile chief had hinted was in development; there’s every probability that Samsung could launch this device during the holiday shopping season. On Friday, Samsung Electronics Co Ltd’s subsidiary Samsung Display stated, its unbreakable, bendable screen has passed…
Google released a USB key that has been developed inhouse by the tech giant and which, the company said, would be helpful in enhancing the security of online login for its users. This new solution developed by Google is being described as an innovative approach that is very contextual of the current times and has…
Given hydrogen’s availability and its weight to storage energy quotient, Toyota believes hydrogen powered fuel cells will play a significant role in the clean-energy-powered auto industry in the coming future. In a significance development, Toyota Motor Corp announced that it plans on increasing investments in its hydrogen fuel cell-based vehicles, as design more cost-effective mass-market…
SK Hynix, the world’s second biggest memory chip producer, will boost NAND memory chip production by more than 30% in the second half of this year. NAND memory chips are easier to assemble than DRAM chips. On Thursday, South Korean chipmaker SK Hynix Inc posted a record second quarter profit which underpins a continuation in…
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