Plans to phase out A380 superjumbo - the world’s largest jetliner, would be put into force by Airbus if its attempts to secure a critical order Dubai’s Emirates fails, said media reports.   The A380 superjumbo has been a slow-selling product and has been in service for just about 10 years....

The Chinese ride-hailing leader Didi Chuxing has reportedly managed to gather enough investments to put its plans for global expansion into force after a massive round of funding where it got another investment from SoftBank Group.   Funds worth more than $4 billion has been secured by the...

Many Silicon Valley companies have been subjected to numerous attacks from the authorities, the press and ordinary users in 2017. Let's figure out of what the largest companies were accused, and for what they really were to blame. Uber The year 2017 has become one of the most difficult in the...

Any investor following the technology sector knows about NVIDIA Corporation. The manufacturer of predominantly graphic gaming processors has applied its developments in artificial intelligence (AI) systems, data centers and autonomous vehicles. The potential on each of these markets is huge, so the...

According to analysts, luxury brands are winning from several circumstances, including the growth of world wealth, the rise of the stock market and tax reform in the US. Such support will be very helpful: to preserve the sales level, premium brands have already begun to offer discounts, despite the...

The oncology portfolio of Swiss drug maker Roche would be enhanced after it completes its purchase of U.S. cancer drug specialist Ignyta Inc. The agreement of the deal which is worth $1.7 billion was announced by both the companies in a joint statement on Friday.   The companies said that...

Pantera Bitcoin Fund is one that has delivered unbelievable returns.   The fund is the first in the world that deals only in virtual currencies and there was astonishment when it released its returns via a letter sent to its investors. The rate of return for the fund throughout its life –...

In what is another potential face off for Facebook in Europe, the social media giant has been warned against collection of and transferring of data from third parties who are outside the network of the social network in an “abusive” manner by the competition authority of Germany.  ...

Google and Facebook will need to function within the current cybersecurity rules that have been set up in China if the two IT companies desire to have access to the Chinese internet market which has about 751 million internet users.   This was revealed in a Reuters report which quoted the...