The recent and the second worst Ebola outbreak is a “global wake-up call” for the world community about the increasing risks of outbreaks of diseases from conflict hit areas that are neglected by global power, warned the head of the World Health Organization. Dr Tedros Adhanom Ghebreyesus said that money is only put in by…
Sharp had acquired Dynabook, which makes laptop computers, from Toshiba Corp in 2018. On Tuesday, Dynabook, a unit of Japan’s Sharp Corp which makes laptop computers, stated it aims to go public in fiscal year 2021. In 2018, Sharp had completed the acquisition of the personal computer unit from Toshiba Corp.
This is likely to pave the way for traditional investors to hold more digital asset securities. In a significant development, midst enquiries requesting clarity on holding digital assets with regard to federal securities law, the U.S. Securities and Exchange Commission (SEC) has issued a notice on broker-dealer custody of digital asset securities. As per the…
An order for Boeing’s 737 Max aircraft was recently cancelled by the low-cost Saudi Arabian airline Flyadeal. This decision by the airline compounds the problems for Boeing which is already reeling under the pressure of all of its 737 Max planes being grounded across the world following two consecutive deadly crashes involving the aircrafts. The…
Microsoft co-founder and billionaire Bill Gates offered a very interesting account of what he believes Apple Inc. founder Steve Jobs did to keep the company together during tough times. Gates said that in order to uphold the morale of Apple employees at high level and to spur them to work for long hours, Steve Jobs…
Hackers had managed to breach BA’s defenses and had stolen customer data, including credit card details, from its app and website. On Monday, IAG, the owner of British Airways, stated the UK Information Commissioner’s Office (ICO) intends to impose a penalty of $229.8 million (183.4 million pounds) for the theft of customer data from the…
A coordinated global cyber attack could cause economic damage anywhere between $85 billion and $193 billion. Britain’s retail and commercial banking giant Lloyds Bank Plc stated, all insurance and reinsurance policies should clearly state whether they will cover losses caused by a cyber attack; this would be in the best interest of customers and brokers.…
While Walmart is fighting hard to give matching rivalry to Amazon.com, it is also facing criticisms of the costs of that fight and that is creating some concerns among the investors of the in the company. The profitability of Walmart is being hit because of the company spending large amounts in investments such as purchasing…
Verisk Maplecroft, a research firm that specialises in global risk, has calculated that every year, over two billion tonnes of municipal solid waste is produced throughout the world which would be able to fill up more than 800,000 Olympic sized swimming pools. The study further found that the Americans are the leaders in waste production…
Blockchain technology is steadily gaining traction in the financial world. Australia’s top 3 banks aim to use blockchain to reduce the risk of fraud as well as digitize bank guarantees. On Thursday, in a significant development, the top 3 banks in Australia stated, they have agreed to partner with IBM and with the Scentre Group…
