According to the AICPA’s Q1 2018 Personal Financial Satisfaction Index (PFSi). The personal financial satisfaction of Americans reached a new high because of the positive effects of lower taxes even though the stock market was brought down by extreme volatility in the first quarter of 2018. The PFSi increased 1.5 points (6.2 percent) compared to Q4 2017…
A pay deal for the chief executive of the UK house builder Persimmon, worth roughly £75 million ($104 million), has landed it at the center of a controversy. The investors of the company were furious and stopped just short of a revolt. The approval for the controversial 2017 pay package for Persimmon executives including CEO…
TCMC, the world’s biggest contract chipmakers plans on sinking in $1.3 billion in R&D to research future technologies. On Friday, a spokesman for the world’s largest contract chipmaker, Taiwan Semiconductor Manufacturing Co, stated it is planning to plough in $13.50 billion (T$400 billion) to help expand its research and development capacity for future technologies. Clarifying…
The U.S. Administration is increasingly boosting efforts to tilt, what has so far been so far in recent history, a one-sided affair, of collaboration and forced technology transfer from the U.S. to China. Beijing’s Made in China 2025 industrial policy has opened the administration’s eye to China’s furtive motives of leveraging the dual benefits of…
Is an end opt the trade tensions and the looming trade war between India and China in sight? Such questions were raised after the U.S. President Donald Trump announced the visit of some of his top economic advisers to China. Trump said on Tuesday that the delegation would be leaving for China “in a few…
The final closure of fashion chain East and the ultimate complete closure of Toys R along with renewed speculations about the prospect of House of Fraser has created and environment in London high street where there is an anticipation of a wave loss of jobs. Toys R Us has been operational for almost three decades…
The groundwork that would allow German car maker BMW AG to boost manufacturing and begin supplying from its largest market – China, to consumers all over the world including North America, even as trade dispute between the U.S. and China keep piling up. According to BMW partner in China – Brilliance China Automotive Holdings Ltd,…
Increased tariff barriers will prevent the Chinese automaker Guangzhou Automobile Group Co Ltd. to set foot onto the US market, the company said on Wednesday. US tariffs on imported vehicles from China will have significant effect and impact the planned strategy of automaker to enter the U.S. market by 2019, Feng Xingya GAC Group President…
The aim is to reduce the revenue generation gap between its G Suite and Microsoft’s Office suite and specifically meets many business users’ demands. On Wednesday, in what is stated to be its first redesign since 2013, Alphabet Inc’s Google unveiled an overhaul of Gmail in what the company stated was an expensive overhaul that…
To the chagrin of patent trolls and big pharma, in a ruling with widespread implications for high technology companies, including Apple and Samsung, U.S. Supreme Court justices in a 7-2 ruling upheld the IPR system. In a development with significant implications for tech companies, on Tuesday the U.S. Supreme Court approved of a government review…
