Xavier Rolet who has been instrumental in turning the LSE into a diversified exchange group, has stepped down from the LSE as its CEO; its chairman Donald Brydon has opted to not stand for re-election. In a significant development, Xavier Rolet, the CEO of the London Stock Exchange has stepped down, with immediate effect; its…
The deal has the potential to increase its foothold in the region, home to 600 million people, and enable it to catch up with its regional rival Grab, which has its own e-wallet service. In a joint statement, Uber Technologies and Vietnamese financial technology firm MoMo stated that they have signed a strategic deal which…
Detection of suicidal tendencies, thoughts and feelings is being attempted to be identified with the help of artificial intelligence (AI) by Facebook. This is being done as part of the social media giant’s continuing attempts to “help build a safe community on and off Facebook.” Any form of posts or live videos on Facebook where…
With the intention of extending Maserati’s brand equity around the globe, increase sale globally, and enhancement of customer experience across all of its digital channels for Maserati customers, the premium luxury vehicle manufacturer has roped in Accenture to help its digital channels with its Accenture Interactive package, announced the global IT company recently. Using the Accenture…
Amongst its decision includes th allocation of an electric SUV in its German plant. In a significant development, Volkswagen’s Audi has agreed to rule out forced redundancies in Germany by five years until the end of 2025; its joint statement also states, it will build two fully-electric SUV models at its main plant in Ingolstadt.…
Promotion of female entrepreneurship and their economic power would be the main focus in her official role for Ivanka Trump, U.S. President Donald Trump’s daughter, when she leads a U.S. delegation to India this week. But the uncomfortable question about the working conditions that are faced by labours in India who toil to get together…
A recent GfK research finds that maintaining a good and healthy life, accomplishing financial security and relishing the leisure time obtained are the three mantras for leading a “good life” for Canadians. These three factors were also highlighted to the top three that consumes across the world also seek. In an online survey that involved…
Ahead of its announcement, the industrial plan has already won support from Merck & Co and Qiagen. In the wake of massive economic upheavals from Britain’s historic decision to leave the EU, on Monday, Prime Minister Theresa May pitched a new strategy to leaders of the country’s industry aimed at bringing about greater state intervention…
The value of bitcoins has jumped by 100% in 2017. On Monday, Bitcoin’s vertical ascent showed no signs of slackening with the digital currency soaring to yet another record high, just short of the $10,000 mark. The cryptocurrency has gained more than a fifth of its value in the past three days. Since the beginning…
According to renowned economist Diane Swonk., the forthcoming holiday season could be witness to a permanent shift in the spending habits among consumers even though that change or shift would be achieved at the cost of the department stores losing out. “They can’t seem to lure into the department stores those millennials,” she said recently…
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