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U.S. Telecom Hack Exposes Major Security Vulnerabilities In Global Telecom Infrastructure 11/22/2024

ECB Sounds Alarm On AI Stock Bubble: A Looming Threat To Financial Stability 11/21/2024

Hyundai IONIQ 9: The Battle For The Electric Three-Row SUV Market 11/21/2024

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Business & Finance

Top 5 largest IPOs in the last 10 years

2019 promises to be hot for IPO. Lyft taxi service entered the exchange recently, and the debut was extremely successful. Now, investors are looking forward to IPOs of other long-awaited “unicorns”, such as Uber, Airbnb, SpaceX, Pinterest, Slack, which are getting ready to become public this year....

EU will respond to US subsidies for Boeing

The European Union is getting ready to respond to US subsidies for Boeing aircraft manufacturing corporation, Reuters reported, citing a source in the European Commission. This is happening against the background of the US preparation for a new offensive in a trade war. This move was caused by a...

Tesla to protect Fiat Chrysler from fines in Europe

Fiat Chrysler Automobiles (FCA) took the opportunity to reduce its exhaust emissions while getting ready for more stringent emission requirements for cars in Europe in 2021. According to the Financial Times (FT), the company entered into an agreement with manufacturer of electric cars Tesla to...

Online Anti-LGBT Law Backlash Forces Withdrawal Form Social Media By Brunei Hotels

In the wake of an ongoing backlash over anti-LGBT laws, the social media accounts of Brunei-owned luxury hotels have either been deleted or made inaccessible. Earlier this week, strict Islamic laws were introduced in the country according to which gay sex has been made punishable and...

US Targets Significant Increase In Lithium Production To Rival China: Reuters

The US government plans to draw up a strategy for the launch of a nation-wide electric vehicle supply chain strategy and would be meeting up with executives from automakers and lithium miners in early May, reported Reuters, citing information from three sources familiar with the matter. ...

US Claims To Have Found Proof Against Huawei By Spying On It

According to US prosecutors, investigating agencies has been conducting secret surveillance on the activities of Chinese etch giant Huawei Technologies Co Ltd for gathering information about it and those would be submitted as evidence in court in relation to a case related to the Chinese...

Investor’s choice: AMD vs NVidia

Investors are often reminded that the best way to invest is to follow falls, and growth will take care of itself. Is it possible to apply this strategy to Nvidia and AMD? 1. Free cash flow AMD has an advantage over Nvidia in that its investment rhetoric focuses solely on increasing market share....

Furniture Giant Ikea To Serve Home Grown Lettuce At Its Restaurants

Global furniture giant Ikea could soon be serving up salads with its home grown lettuce at the restaurants attached to its stores in Sweden. The lettuce was recently harvested by the company grown within its store complex as a part of its sustainability program. With the aim of...

Second Round Of 737 Max Crash Probe Suggest MCSAS System Activation

Amid Boeing’s announcement to strengthen training and tech system, investigation team looks for establishing data to confirm their theory behind the crash. Three people familiar with Boeing 737 Max jet flights’ crash reported that an “anti-stall system” which is at the probe’s centre was at play...

China VAT Cuts Prompts Apple, Luxury Brands To Cut Prices

In a show of encouragement for consumer companies to do business in China, the authorities had announced the reduction of value-added tax (VAT) rate on some products a couple of months back. That reduction came into effect from April 1 which prompted a number of companies, including Apple Inc. and...