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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

Tesla Reduces ‘Model X’s Price In China By ‘$14,000’ Following China’s ‘Imported Tariff’ Reduction Announcement

Experts think that the price reduction move of imported auto manufacturers in China could gradually “foreshadow” even the domestic car brands. The company of Tesla cuts down “$14,000” in China for its Model X following the announcement of Beijing for major tariff reduction in “imported automobiles”...

Lloyds Bank’s ‘100 Million’ Pound Fund To Help Small To Medium Enterprises In Britain

The Hinkley Point C plant’s construction paves the way for usher financial help for Britain’s small to medium businesses. Small business will be able to “take advantage” of the opportunities from the supply chain while the construction of “Hinkley Point C nuclear plant” located in Britain takes...

Facebook Debacle Forces Cambridge Analytica To Files For Bankruptcy In U.S.

Battered by a severe criticism and allegations of irresponsible behavior and carelessness while dealing with private information of Facebook users and using private information for wrongful purposes. The United Kingdom based political analysis and consultancy firm Cambridge Analytica filed for...

Ocado’s Tech Deal With Kroger Results In 50% Increase In Its Shares

A deal with the US retail giant Kroger by online grocer Ocado resulted in a rise of its shares by an astounding 50 per cent. With annual sales of $122bn (£90bn), Kroger is amongst the largest grocery chains in the world. This physical retailer would make exclusive use of the technology of...

Tencent’s profit jumps by 61% in the I quarter

Profit of Chinese Internet giant Tencent Holdings Ltd. for the first quarter exceeded expectations of analysts due to a significant increase in revenues from the gaming business, reports Bloomberg. Net profit of Tencent in January-March jumped by 61% compared to the same period last year to 23.29...

After WTO Ruling Against Airbus On Issue Of EU Funding, Threat Of Sanctions Issued By U.S. On Airbus

Following the ruling by the World Trade Organization that illegal government funding had been given to Airbus for development of jetliners, the European Union has bene threatened by the U.S. with imposing sanctions against it. It was found in 2016 that Airbus had been helped in its...

Multiple EU Deals With Iran At Risk Because Of Trump Decision On Iran Deal

Amidst persistent threats of U.S, sanctions on Iran, there are frantic efforts in the European Union to safeguard its trade with Tehran. Strict international sanctions against Iran were lifted in 2015 after the Western powers reache3d an agreement with the country to limit its nuclear...

Conoco seized PDVSA oil products on the island of Curaçao

The American oil company ConocoPhillips withdrew petroleum products belonging to the Venezuelan state oil company Petroleos de Venezuela SA (PDVSA) from the Isla oil refinery on the island of Curaçao. This is reported by Reuters. The court allowed Conoco to confiscate PDVSA assets in the Caribbean...

American business is afraid that Trump will soften his policy towards China

Representatives of American businesses, interviewed by the Financial Times (FT), are worried that during the US talks with China on the trade agreement, President Donald Trump cannot ignore a number of issues that have long concerned US companies. Among these issues are Chinese restrictions on...

Amazon And Walmart Begin Their Tussle For The Indian Retail Market

As the largest rival in the retailing industry for Amazon in the United States - Walmart. Joins hands with the largest e-retailer in India – Flipkart, the largest e-retailer in the world has a powerful new challenger on the world stage. $16 billion will be spent by Walmart to acquire 77%...