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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

Barnier: British banks will lose their passport rights in the EU

The EU's chief negotiator for Brexit, Michel Barnier, pointed to a number of restrictions for Britain, warning that banks will lose their passport rights for work in the EU, and demanding a solution to the border issue of Northern Ireland, reports Bloomberg. "The legal consequence of Brexit is that...

Saudi Crackdown On Corruption Forces Many Saudis Billionaires To Seek Ring Fencing For Their Assets

In the eventuality that the Saudi authorities decide to widen their declared crackdown on corruption, restructuring of their business is what wealthy Saudis are seeking to achieve in order to ring fence their assets from such an eventuality, according to media reports quoting people with...

Plans To Expend More On The Holiday Season Made By Almost Half Of Younger American Consumers

A recent market study has found that most consumers are only willing to spend about the same amount that they had spent last year during the holiday shopping season this year also. But the demographic segment that is most likely to exhibit an enhancement in spending are young adults in the age...

Death Of Brick And Mortar Stores Seems Far Off Yet, Despite Amazon

Tools that would induce betting for the decline of the brick-and-mortar retail were handed over to the stock market investors just before Black Friday and for the kick-off to holiday season shopping. But these were not up for sale on Amazon as yet. Investors were allowed to bet on...

Mad rally: Bitcoin broke all records

The most popular crypto currency in the world, Bitcoin, rose to a record $ 8 thousand, even though less than a week ago it showed a rapid decline. Experts believe that such high volatility is inherent to the market of crypto-currencies since Bitcoin’s value depends on the news background. According...

Japanese megabanks are facing huge problems

The mega-banks of Japan have a problem. It seems that they simply cannot cut their expenses fast enough, writes Bloomberg. Mitsubishi UFJ Financial Group Inc. and Sumitomo Mitsui Financial Group Inc., may have surprised investors by reporting on Tuesday an increase in profits in the second quarter,...

Iron Ore At The Center Of A Fight Between Hong Kong And Singapore

It is being called a war over iron ore. Singapore Exchange Ltd.’s leading position in the futures commodity market for iron ore is being challenged by Hong Kong Exchanges & Clearing Ltd. which is starting futures for the same – a commodity that has been a popular way to bet on...

Softbank to pay $ 10 billion for Uber's shares

Uber concluded a deal that could bring huge investments from a consortium led by the Japanese conglomerate Softbank and Dragoneer, the BBC reports. The size of potential investments is not disclosed, but reportedly the amount can reach $ 10 billion. It is noted that the funds received will...

Facial recognition technology is getting massive funding in China

Global investors, including U.S. hedge funds, are increasingly cashing-in on China’s demand for increased state surveillance through smart CCTV cameras that can track and monitor suspects, including dissidents and activists, with a disregard for individual’s rights. As far as the business side of...

Technavio Report Predicts qPCR Reagent Market To Be Boosted By Forensic Sciences Demand For qPCR

The latest market research report form Technavio on the global qPCR reagent market claims that there will be a growth of more than 7% CAGR from 2017-2021 in the market. the growth rate would be supported by rampant and increasing use of qPCR technique in multiple applications like food and...