Sections

ideals
Business Essentials for Professionals
Home
Markets
Companies
M&A
Innovation
People
Management
Lifestyle
CSR
World
Misc

Lifestyle

Smart glasses: Optic 2000 celebrates 50 years of innovation

Smart glasses: Optic 2000 celebrates 50 years of innovation
The last edition of Las Vegas’ global innovation exhibition has been marked with French eyewear specialist Optic 2000’s 50th anniversary. After decades of focusing mainly on optics and design, the French firm is now addressing the next era of glasses: technology integration.

Researchers Suggest Previous Studies On Smartphone Addiction May Be Flawed

Researchers Suggest Previous Studies On Smartphone Addiction May Be Flawed
Researchers are now suggesting the there are some serious flaws in a large majority of studies and surveys that have been conducted in recent times which examines the impact on the psychological...

Myth Of Positive Health Impact Of Moderate Drinking Debunked In New Study

Myth Of Positive Health Impact Of Moderate Drinking Debunked In New Study
Earlier studies which had given rise to the notion that one or two drinks a day might protect against stroke have been negated in the results of a major genetic study which has also claimed a very...
Most Popular

Total Plans To Stop Selling Fuel Oil To Power Plants, Says Its CEO

Amazon And Its Indian Rival Flipkart Gets Temporary Relief In Indian Court

Google Is Considering Striking Licensing Deals With Publishers Of Premium News Content

New Charges Slapped In Court By US Against Huawei

General Motors To Shut Operations In Australia, NZ And To Sell Off Its Thai Plant

China’s Central Bank To Disinfect And Destroy Currency Notes To Prevent Virus Spread

Apple Issues Revenue Warning For Q1 Due To Coronavirus

Angered Shareholders Question Nissan CEO Competence Who Puts His Job On The Line Against Recovery

Google’s Fitbit Acquisition Faces Regulatory Hurdle, EU Privacy Body Warns Of Privacy Risks

US-Based Optical Networking Tech Firm Elenion To Be Acquired By Nokia

1,500 GM Staff Will Loose Jobs In Thailand After Deal With Great Wall Motors

Saudi Export Ban Will Not Affect 2020 Growth, Predicts BAE Systems

Latest News

Google’s Fitbit Acquisition Faces Regulatory Hurdle, EU Privacy Body Warns Of Privacy Risks

Saudi Export Ban Will Not Affect 2020 Growth, Predicts BAE Systems

Reader's Pick

Death Toll Of Coronavirus Increase To 26, More Than 900 Confirmed Cases Globally 01/25/2020

Netflix Posts Strong Q4 Results But Doubts Rise About Its 2020 Performance 01/22/2020

Pinterest Reports Very Strong Q4 Results, Shares Jump 02/07/2020

Intel Deliver Better Than Expected Q4 Results, Says Confident Of Future 01/24/2020

Microsoft’s Q2 Earnings Boosted By Office, Surface, And Cloud Businesses 01/30/2020

Latest Business News
Google’s Fitbit Acquisition Faces Regulatory Hurdle, EU Privacy Body Warns Of Privacy Risks

Google’s Fitbit Acquisition Faces Regulatory Hurdle, EU Privacy Body Warns Of Privacy Risks

Companies

The proposed acquisition of the fitness trackers company Fitbit by Alphabet Inc-owned Google could face a problem after the European Data Protection Board (EDPB) issued a warning that this deal, which is worth about $2.1 billion, could pose risks to security of users. This warning adds on the already exciting opposition voices criticizing the proposed deal.   The benefits that Google wants...
Saudi Export Ban Will Not Affect 2020 Growth, Predicts BAE Systems

Saudi Export Ban Will Not Affect 2020 Growth, Predicts BAE Systems

Companies

The possible future impact of recent German ban on arms exports to Saudi Arabia could be offset by increased defence spending and Britain’s BAE Systems is in a good position to take advantage of it, the company said while forecasting another year of growth for 2020.   The company’s earnings for the full year of 2019 was more towards the upper end of its forecast which helped to drive the...
US-Based Optical Networking Tech Firm Elenion To Be Acquired By Nokia

US-Based Optical Networking Tech Firm Elenion To Be Acquired By Nokia

M&A

The Finnish telecom networks maker Nokia Oyj is aiming to boost its optical networking business and increase the portfolio of offering to telecoms operators by the acquisition of the United States based company Elenion Technologies, Nokia announced on Wednesday.   The company however did not disclose the value of the deal.   Product based on silicon photonic technologies for...
1,500 GM Staff Will Loose Jobs In Thailand After Deal With Great Wall Motors

1,500 GM Staff Will Loose Jobs In Thailand After Deal With Great Wall Motors

Companies

After the United States auto giant General Motors announced the sale of its business in Thailand earlier this week to the Chinese car maker Great Wall Motors, the company has now said that after the deal is complete it estimates that there would be about 1,500 job losses in its factory at Rayong in the country.   The deal is however making the government hopeful that the new owner will...
Angered Shareholders Question Nissan CEO Competence Who Puts His Job On The Line Against Recovery

Angered Shareholders Question Nissan CEO Competence Who Puts His Job On The Line Against Recovery

Companies

Nissan, Japan’s second biggest auto manufacturer, is currently struggling with slowing demand for its vehicles and consequent lower revenues and profits – ever since the scandal surrounding its former boss Carlos Ghosn. While the company has claimed to have initiated a turnaround plan, it does not seem to be bringing in any benefits currently. This has forced the company’s new chief executive to...
Apple Issues Revenue Warning For Q1 Due To Coronavirus

Apple Issues Revenue Warning For Q1 Due To Coronavirus

Companies

In what was the second time in about a year as well as in its entire history, a revenue warning for the current quarter was issued by the tech giant Apple. The company said revenues and profits for the first quarter is likely to fall because of disruption in supply and production due to the coronavirus outbreak in China and the subsequent closure of factories there. The last time the company...
China’s Central Bank To Disinfect And Destroy Currency Notes To Prevent Virus Spread

China’s Central Bank To Disinfect And Destroy Currency Notes To Prevent Virus Spread

Companies

A new strategy has been implemented by the central bank of China to contain the spread of the deadly coronavirus.   The People's Bank of China said that currency notes that are potential infected by the virus would be subjected to deep cleaning or destroyed completely to prevent further spreading of the virus.   Officially now known as Covid-19, the coronavirus has been declared a...
General Motors To Shut Operations In Australia, NZ And To Sell Off Its Thai Plant

General Motors To Shut Operations In Australia, NZ And To Sell Off Its Thai Plant

Companies

United States based auto giant General Motors Co is leaving more markets apart from its home market and China.   The company has announced that it will stop sales, design and engineering operations in Australia and New Zealand while also stop production of its Holden brand by 2021.   The manufacturing operations and plants of the company in Thailand will be bought by China's Great...
Amazon And Its Indian Rival Flipkart Gets Temporary Relief In Indian Court

Amazon And Its Indian Rival Flipkart Gets Temporary Relief In Indian Court

Companies

Following a relief bringing court ruling for Amazon.com by an Indian court which stayed an investigation by the country’s anti-trust regulator into the alleged business practice of deep-discounting, preferential listing of sellers and exclusive pacts by the United States based e-commerce company and its Indian rival Flipkart, both the companies also are preparing to make appeals to about scaling...
Google Is Considering Striking Licensing Deals With Publishers Of Premium News Content

Google Is Considering Striking Licensing Deals With Publishers Of Premium News Content

Companies

In order to confront allegations that it is profiting unfairly from news articles and content that is copy righted. Google has reportedly started negotiations with media organizations to pay them for using their content, said reports quoting sources with knowledge of the matter.   Reports have also suggested that such discussions about deals for payments are at the early stages and most of...
New Charges Slapped In Court By US Against Huawei

New Charges Slapped In Court By US Against Huawei

Companies

The Chinese telecommunication equipment making giant Huawei has been slapped with fresh charges by the United States Department of Justice. The Chinese firm has now been accused of stealing of trade secrets from U.S. technology companies for decades very successfully.   Huawei and its subsidiaries in the US as well as the company’s chief financial officer Meng Wanzhou were charged with...
Total Plans To Stop Selling Fuel Oil To Power Plants, Says Its CEO

Total Plans To Stop Selling Fuel Oil To Power Plants, Says Its CEO

Companies

In an effort to reduce its carbon footprint, the France based oil and gas giant Total plans to bring to a complete stop selling its fuel to power plants, said the company’s chief executive in an interview to the media. The company is also aiming to step up investments in renewable energy projects.     One of the most carbon intensive refined oil products is fuel oil which is primarily...

World

Death Toll Of Coronavirus Increase To 26, More Than 900 Confirmed Cases Globally

Death Toll Of Coronavirus Increase To 26, More Than 900 Confirmed Cases Globally
At least 26 people have now been killed by the fatal flu-like coronavirus disease which is also spreading fast throughout Asia. According to new reports, more than 900 people have been taken sick by...

Scientists Find Way To Easily Find Source Of Geothermal Energy, Can Lead To A Boom

Scientists Find Way To Easily Find Source Of Geothermal Energy, Can Lead To A Boom
It is touted that one of the cleanest sources of energy is geothermal energy because it is free of any carbon emissions, is renewable and efficient, so much so that even those who are indifferent to...

Planned US Farm Visit By After Trade Talks By China Delegation Cancelled

Planned US Farm Visit By After Trade Talks By China Delegation Cancelled
The plan of a Chinese delegation that had come to Washington to take part in the face to face trade negotiations with United States to stay back after the talks to visit US farm areas has been...

‘Toughest Ever’ Sanctions On Iran’s Central Bank Imposed By The US

‘Toughest Ever’ Sanctions On Iran’s Central Bank Imposed By The US
The ‘toughest ever’ sanctions against Iran were announced by on Friday by the United States president Donald Trump while also indicating that there were no plans for any military actions against...

US Sanctions 3 North Korean Hacking Groups Responsible For Global Cyber Attacks

US Sanctions 3 North Korean Hacking Groups Responsible For Global Cyber Attacks
Three North Korean hacking groups have been identified by the United States to have been behind the "WannaCry" ransomware attacks as well as involved in the hacking of international banks and...

People

Teenage Climate Activist Greta Thunberg Wants Ot Trademark Her Name

Teenage Climate Activist Greta Thunberg Wants Ot Trademark Her Name
Teenage Swedish climate activist Greta Thunberg is looking to trademark her own name as well as that of her movement as she says that the names are being misused by ‘impostors’ and marketers. This...

Jeff Bezos' Phone Hacking Allegedly By Saudi Hackers Needs To Be Investigated, Says The UN

Jeff Bezos' Phone Hacking Allegedly By Saudi Hackers Needs To Be Investigated, Says The UN
Reports of the alleged use of a WhatsApp account belonging to Saudi Crown Prince Mohammed bin Salman for delivering a malware to the mobile phone of Amazon CEO Jeff Bezos has made experts at the...

Facebook's Zuckerberg Will Focus On Long Term Goals Instead Of Annual Ones

Facebook's Zuckerberg Will Focus On Long Term Goals Instead Of Annual Ones
No more annual targets for Facebook Inc Chief Executive Officer Mark Zuckerberg. The co-founder of the largest social media company of the world said on Thursday that he would no longer focus on the...

Japanese Prosecutors Want To Arrest Ghosn’s Wife To Rein In The Former Nissan Boss

Japanese Prosecutors Want To Arrest Ghosn’s Wife To Rein In The Former Nissan Boss
An arrest warrant on charges of alleged perjury was issued against the wife of Carlos Ghosn by Japanese prosecutors on Tuesday in an effort of the prosecutors to bring back Ghosn into Japan and make...

From Japan To Lebanon – How Ghosn Escaped Is Yet Not Clear

From Japan To Lebanon – How Ghosn Escaped Is Yet Not Clear
The former chairman of Nissan and one of the icons of the global auto industry who was arrested in Japan November last year over charges of financial irregularities, Carlos Ghosn, has jumped bail and...

CSR