On Monday, in a report by the Nikkei business daily, Rakuten Inc plans on setting up its big data mobile plan at $27.68 (2,980 yen) per month. In a statement, Rakuten stated it was not the source of this information. Rakuten is scheduled to announce the details of its pricing plans for the network, which…
During an interview with German magazine Wirtschaftswoche, Ryanair’s chief executive Michael O’Leary disclosed, the Irish budget airliner is prepared for further delays in the delivery of Boeing 737 MAX. He also mentioned that, compensation will be discussed only after the aircraft have been delivered. Boeing’s 737 MAX has been grounded since March 2019 following two…
On Friday, following a hard fought contest, Airbus has emerged as the leading supplier for jets for Qantas Airways Ltd, which will these jets for ultra-long haul commercial flights between Sydney to London. With Airbus being selected for supplying up to 12 A350-1000 planes fitted with extra fuel tank for flights of up to 21…
In a statement, Intel Corp said it was increasing its reliance on contract chip manufacturers in order to ramp up the supply of chips used in personal computers. Intel is struggling with shipment delays midst higher demand. Supply remained “extremely tight” in the first half of the year, said Intel. This is despite the fact…
Wal-Mart is in the process of fixing the issues due to which it had to cut its ties with the logistics firm. In a significant development that marks a setback against Wal-Mart’s efforts to fight Amazon.com in the groceries segment, logistics firm Deliv and Walmart Inc have discontinued their same-day grocery delivery partnership. In 2018,…
The development marks Blockchain’s technology’s growing traction in the financial industry. In a development that marks Blockchain’s growing traction in the asset management industry, HSBC stated it had settled forex trades worth $250 billion (£194.15 billion) using blockchain in 2018. The development assumes significance since until now this sector had hesitations on embracing blockchain technology.…
This delivery record marks a new high for Airbus and comes despite the recent delays in its supply chain. According to sources briefed on the matter at hand, Airbus has already achieved its main industrial target of delivering 800 aircraft in 2018 after record handovers in December. The final published number is subject to ongoing…
Despite the outbreak, which has caused shipment delays, TSMC has maintained its single digit growth forecast. Taiwan Semiconductor Manufacturing Company Ltd, the world’s largest contract chipmaker stated as a result of computer virus outbreak in its systems, its third-quarter results have been affected. TSMC, a major supplier for Apple Inc, stated the virus infected a…
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