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Rising Trade Tensions Threaten Asia's Economic Growth And Global Supply Chains 11/19/2024

ECB Sounds Alarm On AI Stock Bubble: A Looming Threat To Financial Stability 11/21/2024

U.S. Telecom Hack Exposes Major Security Vulnerabilities In Global Telecom Infrastructure 11/22/2024

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Business & Finance

Swiss luxury watch sales are experiencing a crisis

Swiss watch exports fell by 9.9% in 2016, which was the worst figure since 2009, when the world global financial crisis erupted. In Hong Kong - the main sales market for the Swiss manufacturers - sales fell by 11.4%. Among the main factors that influenced the negative statistics, analysts noted...

Twelve pioneers of Dow Jones Industrial

Dow Jones Industrial Average rose 155.80 points, or 0.8%, and stood at 20,068.51 at the close of trading. This became possible largely thanks to Boeing Co. and Caterpillar Inc., which demonstrated the positive trend. When the Dow Jones Industrial Average was created in 1896, it consisted of 12...

After the U.S., Qualcomm Sued by Apple in Beijing for 1 Billion Yuan

After the U.S., China is the next legal battleground for Apple Inc. and Qualcomm, who are now locked in multiple legal battles. Beijing's Intellectual Property Court said in a statement that alleging the chip supplier abused its clout in the chip industry and seeking 1 billion yuan...

How AppDynamics was Swooped Upon and Nabbed at the Last Minute

Top leaders of the software company AppDynamics were back home in California for final visits with prospective shareholders even as the AppDynamics IPO roadshow hit its home stretch this week. Pitching their story to about 100 investors was AppDynamics CEO David Wadhwani...

Burns Night Marked with Call for Tax Cut by Whiskey Industry

The birth anniversary of poet Robert Burns is very often celebrated across the world with dancing, a bite of Haggis and of course, a few nips of whisky and Wednesday was that day. But that very day is being viewed in a different manner by whiskey makers from Scotland. Demanding that it is...

Trump Pushes for New American Plants in his Talks to U.S. Automakers

Pressing his pledge to bring jobs to America and discourage the car industry from investing in Mexico, U.S. President Donald Trump urged the chief executives of the Big Three U.S. automakers to build more cars in the country. In a meeting at the White House with General Motors Co CEO Mary...

Johnson & Johnson, Phillips, DuPont reported 2016 results

The reporting period for the S & P 500 companies is in full swing. Johnson & Johnson, Phillips and DuPont have already submitted their reports this week. Let's see what results the companies managed to achieve over the past year. DuPont Net profit of American DuPont, one of the largest...

More than $7 Billion to be Invested in Display Plant in the U.S., says Foxconn CEO

Chairman and chief executive of Foxconn, the world's largest contract electronics maker, Terry Gou said that in an investment that would exceed $7 billion. The company is considering setting up a display-making plant in the United States. Gou was prompted to warn about the rise of...

Manpower CEO says in the Workplace, Tech can Help Women ‘Leapfrog’ Men

According to the chairman and chief executive of ManpowerGroup, women would be able to gain a chance to "leapfrog" their male counterparts and correct workplace gender imbalances by developments in technology. Jonas Prising said in a panel at the World Economic Forum in Davos that...

Foreign Business Pessimism Being Fueled by China Protectionism, U.S. Lobby says

A survey released on Wednesday showed that among the respondents surveyed, most say that they have little confidence in China's vows to open its markets while more than 80 percent of members of a U.S. business lobby in China say foreign companies are less welcome than in the past. As it...