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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

Sales of BMW grew by 3.8% in January

Sales of the BMW Group increased in January by 3.8%, which was facilitated by the appearance of new and updated old car models. Bavarian automaker Bayerische Motoren Werke said that sales in January rose to 169538 vehicles, as the brand's sales rose 3.4% to 148400 vehicles. The increase in sales...

India's Logistics Network The Focus For DP World – A Dubai Based Port Operator

Given the forecast that there would be a very significant growth in the shipping industry in India, DP World, a port operator based in Dubai is anticipating to play a large part and is seeking ways and means to get involved in the shoring up of the logistics and transport infrastructure there....

Amazon forks out $ 90 million for chips of a camera system manufacturer

Last December, Amazon announced purchase of Blink company. It specializes in the development of wireless surveillance cameras and smart doorbells, through which home owners can see in real time who is at their door using their smartphones. The financial terms of the deal were not disclosed, but...

Just Before A Royal Commission Inquiry, Job Cuts Focus Of The Big Banks Of Australia

The already tarnished image of the big banks of Australia may take another hit just before an inquiry into their businesses because they are set to cut jobs and other costs as they react to a revenue crunch. Cost curtailment has been go-to method for the so-called Australia’s Big Four...

Japanese Firms Could Move Out Of The U.K. If Their Profits Are Impacted By A Brexit Deal

Warnings of the consequences of a bad Brexit deal on the Japanese companies was issued by the Ambassador of Japan to the United Kingdom - Koji Tsuruoka, to the British Prime Minister Theresa May in London on Thursday. In case of a bad Brexit deal impacting the profits of the Japanese...

Google Found Abusing Dominant Position In India, Country’s Competition Commission Slaps Fine

In what is the latest action by a regulatory body against the most popular search engine of the world, a fine of 1.36 billion rupees ($21.17 million) has bene imposed on Google by the antitrust watchdog of India on Thursday allegedly for the company violating and misusing its dominant position in...

Japan to inspect 32 cryptocurrency exchanges

The Financial Services Agency of Japan (FSA) plans to check 32 local crypto-exchange exchanges. In particular, the exchanges will be checked to ensure the safety of users' funds, reports Reuters. The financial regulator will check the activity of crypto-instruments for compliance with 43...

Biggest Quarterly Loss Ever Announced By Elon Musk's Tesla

Even while Tesla announced its biggest ever quarterly loss a day later, there has been no let up in the efforts of its founder and tech billionaire Elon Musk to foray into the space exploration segment. A day before the latest financial reports were released by Tesla, an electric car...

The biggest disappointment of cryptoinvestors

The Ripple network's crypto currency (XRP token) is apparently be the greatest disappointment for investors, says CoinDesk. Last month, the cost of XRP climbed to a record for the entire history of its values - nearly $ 3.8, thus pushing Ethereum out from the second place. The market value of...

Agreement Reached Between Groupe Rocher And Arbonne International To Acquire The Later

Groupe Rocher has completed a definitive agreement to take over Arbonne International, the former announced on Friday. Arbonne International is engaged in business of direct selling of botanically based beauty, nutrition products and personal care. Groupe Rocher intends to balance and expand...