Experts had always predicted that there would be periods of volatility for Saudi Aramco as the leader in the oil producing industry because it is located in one of the most turbulent regions of the world. However there was but a handful who could have predicted such a sudden and sharp drop in the stocks…
According to experts, one of the ways that Iran could take revenge on the United States for having killed the country’s top general Qasem Soleimani in a air strike ordered by President Donald Trump was through cyber attacks. “Iran has a long history of politically motivated cyber attacks across the world,” Evercore analysts Ken Talanian…
Vodafone Hutchison has teamed up with Nokia to construct the high-speed 5G mobile network in Australia. The mobile service provider will be supplied with the telecommunication equipment for the new network by Nokia with the plans or phasing out the use of equipment from the banned Chinese telecom giant Huawei from a number of parts…
The ride-hailing company Grab has decided to get in to the business of digital banking and it has announced that it will be applying for a digital full bank license in Singapore in partnership with the country’s major telecommunication services providers, Singtel. According to a joint statement of the companies, the new consortium that would…
This holiday season has been another record-setter for Amazon, said that largest e-commerce company of the world. The year has also been a good one for the overall retail sector in the United States which indicated that the economic growth of the US economy still is still set to continue for some more time. The…
The announcement of a leadership shuffle at the arts and crafts retailer Michaels saw its shares rise by more than 32 per cent. The company has announced the appointment of Walmart executive Ashley Buchanan as a replacement for its new CEO Mark Cosby. The company said that while Cosby will stay on through April 1…
The German auto giant and the largest car maker of the world Volkswagen is set to achieve production of its millionth battery electric vehicle two years before the time that the company had set for itself, according to the forecasts of the company. Analysts said that this was a clear evidence of the positive result…
The deal for purchasing a stake in the British food delivery company Deliveroo by the United State based e-commerce giant Amazon will face an in-depth investigation by competition regulators in the United Kingdom. The Competition and Markets Authority (CMA) had said this month that the Amazon-Deliveroo deal could harm British consumers. However despite the comment…
Hundreds of crypto-currency related channels have been reinstated by YouTube after the social media platform admitted that those channels had been removed “in error”. Earlier this week, notifications about their videos have breached of the social media platform’s terms of service were received by a large number of YouTubers. Apparently, this move by the company…
GlaxoSmithKline is now taking course in cutting-edge computing to develop medicines in the future and is set to make extensive use of artificial intelligence. It plans to recruit 80 AI specialists by the end of 2020. But recruiting enough AI researchers and engineers from areas such as Silicon Valley is proving to be a challenge…
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