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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

Toshiba is considering an IPO for its memory chip division

Toshiba Corp is considering a possibility of conducting an IPO for its memory chip manufacturing business if an agreed $ 18 billion sale to a consortium of investors led by Bain Capital does not receive approval from antitrust regulators by the end of March. This is reported by the Financial Times....

Technavio Report Forecasts 12% CAGR In Global Reset IC Market For 2018-2022, Driven By Growth Of IoT

The latest report from Technavio market research forecasts that the global reset IC market would register a growth of CAGR 12 per cent during 2018 and 2022. The report is based on the segmentation of the aforesaid market according to end-user. The segments mentioned in the report are...

Second-Hand Trading Of Luxury Watches To Be Started By Swiss Luxury Watchmaker Audemars

The first major watch brand to get into the lucrative and fast-growing market for used premium watches is the Swiss luxury watchmaker Audemars Piguet. The company recently announced its plans of launching its second-hand business this year. The company plans to expand its business for its...

Fitch Predicts Rise In Bad Debt Charges For Australian Banks In 2018

Fitch ratings has warned that Australian banks would be put under pressure o the issue of charges for bad loans which is slated to rise and face greater scrutiny from a royal commission. This is expected to put Australian banks under the grind in 2018. The various economic trends...

Emirate Orders A380s From Airbus For $16 Billion, Infuses Life To An Almost Dead Program

A follow up order from Emirates has allowed Airbus to save its flagship A380 superjumbo from the brink of being struck out of the production list forever. It had been just days that the airplane maker had suggested that it would kill it off due to very little demand and this order infused a new...

Rolls-Royce to sell its marine division

The British jet engine manufacturer Rolls-Royce announced possible sale and restructuring of its marine division amid a decline in demand in the oil and gas market, as well as within restructuring of the holding, the company said on Wednesday. It is assumed that after the sale and restructuring of...

There Is Virtually No Gender Or Racial Pay Gap In The Organization, Reports Citigroup

What would be the time period when the gender pay gap would be closed down? Even as Citigroup claims that the lender is still working hard to close down the pay gap, the company says that 99 per cent of what its male employees get is given to its female employees. 99 per cent of...

Big Plans Rolled Out By Global Automakers For The U.S. Autonomous Vehicle Market

Plans about how they want to roll out autonomous vehicles for the U.S. market within the next 5 odd years were shared by major automakers from all over the world at the ongoing North American International Auto Show (NAIAS). General Motors could be the first automaker in the world to roll...

BP to write off $ 1.7 billion due to the 2010 accident

British oil company BP said it would include a write-off of $ 1.7 billion in its report for the fourth quarter of 2017, reports Reuters. The write-off is justified by the 2010 accident on the platform Deepwater Horizon in the Gulf of Mexico near the US coast. The company also said that the...

What you need to know about Kodak's plans on the crypto currency market

Kodak plans to issue its own crypto currency and rent out mining equipment. Here's what an investor needs to understand about these projects. In 1975, an engineer at Eastman Kodak invented the first digital camera. The company hastily curtailed the project, hoping to postpone the day when digital...