Sections

ideals
Business Essentials for Professionals
Latest News

Facebook’s New Global Face Will Be Former U.K. Deputy Prime Minister Nick Clegg

Google Will Charge Hardware Makers For Using Its OS And Apps: Reports

Reader's Pick

"Methodical and reasoned": Wonderbox’s expansion decoded by its CEO Fabrice Lépine 10/19/2018

Uber Agrees To Fine Of $148 Million Over 2016 Data Breach That It Had Kept Secret 09/27/2018

Analysts Make Varied Predictions On Musk’s Future, Tesla Shares Drop 09/29/2018

Risk Warnings Against Financial Stability Due To Hard Brexit Issued By Bank Of England To EU 10/09/2018

Musk Will Not Be Tesla Chairman Under Settlement Agreement With SEC 09/30/2018

Latest Business News
Facebook’s New Global Face Will Be Former U.K. Deputy Prime Minister Nick Clegg

Facebook’s New Global Face Will Be Former U.K. Deputy Prime Minister Nick Clegg

Companies

Facebook will now have a new global face in the form of Nick Clegg, the former deputy prime minister in the U.K. under David Cameron, who would be the new boss overseeing the communications and global policy of the largest social media platform.   The role of this new recruit in the company that has been facing flack over the last one year over security and fake news issues would be very...
Google Will Charge Hardware Makers For Using Its OS And Apps: Reports

Google Will Charge Hardware Makers For Using Its OS And Apps: Reports

Companies

Alphabet Inc’s Google is setting a new arrangement for its licensing system after the European Union this year deemed one of its licensing mechanisms to be anti-competitive. Under the new system which has been reported in the media quoting sources, Google will up to $40 per device from those hardware firms who use its apps in their hardware.   The company has announced that the new charges...
Fabrice Lépine, graduation ceremony 2017, Ecoles Nationale Les Mines, Nantes

"Methodical and reasoned": Wonderbox’s expansion decoded by its CEO Fabrice Lépine

Markets

Wonderbox is experiencing a very significant and rapid European growth. The quality and variety of the services offered being the heart of the company's value proposition, its CEO, Fabrice Lépine, explains how this expansion is managed in order to maintain high quality standards. The gift box market is very competitive with a perpetual renewal of offers. How do you maintain a permanent level of...
Ford Reports 43% Drop In Sales For September In China

Ford Reports 43% Drop In Sales For September In China

Companies

The largest car market in the world seems to have slowed down – and foreign car manufacturers are feeling the brunt.   There was a 43 per cent drop in sale for Ford in the Chinese market for the month of September compared to the same month a year ago, indicating the situation in the Chinese market.    This is the third straight month where there has been a decline in auto sale...
Online Lingerie Retailer Bare Necessities To Be Acquired By Walmart

Online Lingerie Retailer Bare Necessities To Be Acquired By Walmart

Companies

The intentions of the largest retailer of the world Walmart is now clear with its second acquisition of a firm that is focused on apparel – its strong intent to dug deeper into the online market for fashion. The retailer is set to acquire online lingerie retailer Bare Necessities.     Last week, the retailer announced the acquisition of a fashion startup that sells plus-sized...
24% Y-O-Y Rise In Profits For JP Morgan In Q3, Thanks To Tax Cuts & Rate Hike

24% Y-O-Y Rise In Profits For JP Morgan In Q3, Thanks To Tax Cuts & Rate Hike

Companies

JPMorgan Chase & Co. reported a significant increase in its profits (24 per cent year-on-year) for the third quarter driven by a lower bill for taxes and the increased rates of interest in the United States, thanks to the US Federal Reserve for raising interest rates three times this year itself, and which allowed the lender to charge more in interest from consumers and businesses alike for...
China's September Auto Sales See Highest Drop In 7 Years

China's September Auto Sales See Highest Drop In 7 Years

Markets

There is a rising concern among economists that a slowdown in Chinese economy and an escalating trade war can see a contraction in the auto sale this year in China for the first time in decades after data revealed that sale of cars in September in the largest auto market in the world dropped to a seven year low.   There was a 11.6 per cent drop in the sale of autos at 2.39 million units in...
$600 Million Dialog Deal By Apple For Control Over Critical Chip Tech

$600 Million Dialog Deal By Apple For Control Over Critical Chip Tech

M&A

Apple Inc is set to expend $600 million to take control of the power management technology which is at the core of functioning of the iPhones from the Anglo-German chip designer Dialog Semiconductor which also essentially puts the latter - a German-listed company, in the role of a supplier to the U.S. tech firm.    .   This deal is being identified to be an unusual one as...
Oil Could Be Closing In On $100 A Barrel - Experts

Oil Could Be Closing In On $100 A Barrel - Experts

Markets

Oil investors are increasingly feeling that the price of crude would touch the $100 a barrel mark before the year-end because of the rising prospect of an abrupt shortage of supply the energy market.   There has been an appreciation of more than 25 per cent in oil prices this year which has encourages analysts to predict global crude prices touching the triple digit mark very soon. ....
Secret AI Recruiting Tool That Discriminated Against Women Abandoned By Amazon

Secret AI Recruiting Tool That Discriminated Against Women Abandoned By Amazon

Companies

The machine-learning based recruiting engine of Amazon.com reportedly does not like women. This was discovered recently by its artificial intelligence specialists.      This machine learning program was being developed by Amazon’s experts 2014 and is designed to examine resumes of job applicants with the ultimate aim of automating the search program for the best talent, reported...
Investors Complacent Despite Growing Risks Of Global Crisis Due To Trade Tension: IMF

Investors Complacent Despite Growing Risks Of Global Crisis Due To Trade Tension: IMF

Companies

The international Monetary Fund has warned that the risks that are already building up in the global financial system could go out of hand is there is an escalation of the trade spats.   The IMF's latest Global Financial Stability Report states that there is however a sense of complacency among investors. In this biyearly report, the condition of the global financial system is analyzed and...
Google Holds 10 Events For Of New Pixel Phones In An Effort To Go Global

Google Holds 10 Events For Of New Pixel Phones In An Effort To Go Global

Companies

Alphabet Inc’s Google us apparently making a global launch for its Pixel smartphone as it organized 10 simultaneous media events throughout the world for the same as the company also launched its first tablet computer and a new Google Home smart speaker. Analysts now expect the company to significantly enhance the global reach for the distribution of range of phone which the company hopes would...

World

Study Blames Global Warming For Vanishing Snow In Switzerland

Study Blames Global Warming For Vanishing Snow In Switzerland
According to a report from the University of Geneva which was based on a study that made use of a new tool called the Swiss Data Cube that global warming could probably be the reason for the...

Brexit Anticipation Forces Away Medicine Assessment Contracts From UK

Brexit Anticipation Forces Away Medicine Assessment Contracts From UK
According to reports, there has been a collapse of the leadership role of the United Kingdom in evaluating new medicines that for sale in the rest of Europe as now more new work is coming its way....

Private Property And Foreign Investment To Be Made Legal In Communist Cuba

Private Property And Foreign Investment To Be Made Legal In Communist Cuba
Communist Cuba would now encourage and “guarantee” foreign investment and the government would recognize the right to own property by private individuals. There would also no longer be concentration...

Death Due To Worsening Air Quality Could Increase In Australian Cities: Study

Death Due To Worsening Air Quality Could Increase In Australian Cities: Study
A new research claims that there would be more intense temperature inversion events in multiple cities in Australia as conditions of in the biggest cities in the country will worsen in the next few...

New Data Shows Forest Loss Equal To One Football Field Every Second In 2017

New Data Shows Forest Loss Equal To One Football Field Every Second In 2017
New data from a global satellite survey suggests that every second in 2017, there was loss of forest of the size of more than one football pitch throughout the world. The loss for the entire year was...

People

US Federal Judge Demands Explanation Of SEC-Musk Settlement, Musk Mocks SEC

US Federal Judge Demands Explanation Of SEC-Musk Settlement, Musk Mocks SEC
Tesla’s Elon Musk is apparently in trouble once against after having mocked the United States Securities and Exchange Commission (SEC) a few hours after he and the regulator was ordered by a federal...

Musk Will Not Be Tesla Chairman Under Settlement Agreement With SEC

Musk Will Not Be Tesla Chairman Under Settlement Agreement With SEC
In a settlement with the United States Security and Exchange Commission (SEC), Tesla chairman and founder Elon Musk and the company Tesla has agreed to pay $20 million each and the stepping down of...

Analysts Make Varied Predictions On Musk’s Future, Tesla Shares Drop

Analysts Make Varied Predictions On Musk’s Future, Tesla Shares Drop
Even as the share price of the US based electric car maker Tesla dropped significantly after the news that the US SEC has filed a case against company CEO and founder Elon Musk on charges o...

'Exchange Wechat Accounts' Is The Advice Of Coca-Cola Exec For Trump And Xi

'Exchange Wechat Accounts' Is The Advice Of Coca-Cola Exec For Trump And Xi
‘Make like Chinese businessmen and exchange WeChat accounts’ is the advice for a solution for the ongoing trade war between the United States and China given by the Chinese head of one of the world's...

Trump Threatens To Take US Out Of The World Trade Organization

Trump Threatens To Take US Out Of The World Trade Organization
The United States President Donald Trump has warned that if the World Trade Organization (WTO) if the global; organization doesn't "shape up", he would pull the US out of the organizaiton. The US...

CSR