The Gulfstream G700 poses a direct challenge to Bombardier’s Global 7500. Gulfstream, a U.S. planemaker unveiled its widely-expected G700 long-range jet in a direct challenge to Bombardier Inc’s Global 7500 flagship aircraft. Gulfstream Aerospace, a unit of General Dynamics Corp, stated the G700 would be powered by Rolls-Royce Holdings PLC’s Pearl 700 engines. It expects…
The entire pharma industry in the United States is put on trial from Monday in a federal court over cases of claims filed by thousands of American communities alleging that the pharma companies had colluded to conspire and orchestrate the now infamous opioid epidemic in the country. The case that will be held in Cleveland…
A research note from Loop Capital Markets said that there is increased pressure on the profit margins of the grocery industry. And therefore despite an increase in the growth in sales for the industry, the suggestion of taking a neutral view on the industry was made by the research firm. Within the grocery industry of…
It is not right for Facebook to censor politicians or the news in a democratic set up, believes the social media giant’s founder Mark Zuckerberg. He said this while delivering a speech in Washington DC and assumed importance because the social media company had been facing criticism for not putting a ban on political advertisements…
The Indian government plans to create one of the largest facial recognition systems in the world in an ambitious project that is aimed to help law enforcement agencies to function more effectively. The vision is to create a single central data base in the future that can be accessed by police of the 29 states…
If necessary, the Japanese government could make available fiscal and monetary stimulus for the economy even though it does not feel there is any need for such an action immediately. A boost to the world’s third-largest economy can be given at any time by the Japanese government because currently the economy is facing issues because…
Investigators probing the activities and the people behind one of the world’s “largest dark web child porn marketplaces” have made more than 300 arrests since the market place was taken down. There were more than 200,000 videos on the site which had been downloaded more than a million times collectively. The existence of the website…
The new Pixel 4 smartphone form Google will not be sold by the company in India the second-largest smartphone market in the world. The smartphone, which was launched in the US ealirer this week, will be available for sale starting October 24. “We decided not to make Pixel 4 available in India,” a Google spokesperson…
Huawei, the Chinese tech giant and the largest manufacturer of telecommunications equipment in the world, is promising to make Europe the world leader in next generation mobile networks even as the company attempts to allay fears about the company being a threat to national security and the risk to the cyber security for the region.…
The proposals for a $5 billion financing deal for the office sharing company WeWork form its largest shareholder Japan’s SoftBank Group Corp and its main lender JPMorgan Chase & Co is being considered very seriously by the parent company of WeWork, The We Company, which has set up a special board committee to dive into…
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