The profit guideline, for the fourth quarter, by the Britain-based IT services firm beat analysts’ expectation despite being hurt by weaknesses in the domestic market because of Brexit. On Monday, Computacenter Plc, an IT services firm, stated that its adjusted pretax results are likely to beat analysts’ expectations. This latest raising of its earning guidance…
While the move is expected to dent the already low margins of low-cost carriers, it is to be seen how it will impact inbound visitors. On Tuesday, Shinya Katanozaka, the CEO of Japan’s biggest airline by revenue stated, if Japan were to impose a departure tax on airlines, its impact will ripple though a big…
Britain is likely to see an increase in the number of Payment Service Providers in 2018. In a move designed to boost the growth of fintech companies, Britain’s central bank, the Bank of England has widened access to Britain’s interbank payments system to new fintech firms, an area that was previously dominated by the “Big…
This case has the hallmarks of turning into something big. Definitely worth following. As per available court documents, Facebook Inc has challenged a gag order from a U.S. court that prevents it from disclosing 3 government search warrants that it says pose a threat to the freedom of speech. According to a filing in a…
The Chinese have found weaknesses in CFIUS and are exploiting it to the hilt. As per current and former U.S. officials, the U.S. is poised to heighten the scrutiny on investments made by China in Silicon Valley in order to better shield sensitive technologies which are seen as vital to U.S. national security. In recent…
While the Obama Administration’s focused on safety issues vis-à-vis self-driving vehicles, the current administration aims to ease the rules of business. On Monday, the head of the U.S. Department of Transportation stated that U.S. President Donald Trump’s administration will unveil revised guidelines for self-driving vehicles in the coming months. The announcement follows calls by auto…
The move is aimed at appeasing concerns related to widening trade deficits between the two countries.
This will be the biggest cut in federal funding for the rural economy. This has wide ranging repercussions not only for the U.S. rural economy but for all U.S. tax payers as well. In a significant development that could see food prices move up northwards, the White House budget has proposed $46.54 billion in federal…
The Labour Party aims to secure Britain’s access to EU’s lucrative single bloc market. With Jeremy Corbyn’s Labour Party shortening the lead that British Prime Minister Theresa May had when she plunged country into elections, May has urged voters to back her if they want Britain to exit the EU. Last week, having announced her…
These are some of the stunning disclosures Ebell told delegates in a closed door meeting.
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