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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

Eli Lilly CFO Says Company To Make Quarterly Deals Of $1 Bn-$5 Bn In 2020

Tesla’s Market Value Pushes Musk Closer To $346 Million Pay

2019 The Most Profitable Year For Jpmorgan Driven By Surge In Trading

US Says UK Using Huawei In 5G Is ‘Madness’

A Design And Research Center In China To Be Opened By Tesla To Make "Chinese-Style" Vehicles

Volkswagen Will Take Up 20% Stake InChinese Battery Maker Guoxuan

Toyota To Move Production Of Its Tacoma Pickup Out of US to Mexico

Financial Headquarters Of Total To Be Shifted To Paris From London

Possible Water Woes Make Some Germans Unhappy With Tesla’s Proposed New Plant

Latest News

Possible Water Woes Make Some Germans Unhappy With Tesla’s Proposed New Plant

Toyota To Move Production Of Its Tacoma Pickup Out of US to Mexico

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Facebook's Planned Crypto Currency Libra Has "Failed" In Current Form, Says Swiss Minister 12/28/2019

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Political Advertising Will Be Halted By Spotify In 2020 12/28/2019

Uber Acquisition Of Careem Approved By Egypt Competition Regulator 12/30/2019

Latest Business News
Possible Water Woes Make Some Germans Unhappy With Tesla’s Proposed New Plant

Possible Water Woes Make Some Germans Unhappy With Tesla’s Proposed New Plant

Companies

A section of Germans are not happy with Tesla’s plans of construction of a gigafactory on the outskirts of Berlin. A section of people in the German capital fear that the construction of the factory will adversely impact the water supply and the wild life in the area . This prompted some to organize a protest on Saturday close to the proposed factory site.   The plan for building of the...
Toyota To Move Production Of Its Tacoma Pickup Out of US to Mexico

Toyota To Move Production Of Its Tacoma Pickup Out of US to Mexico

Companies

As a part of its business restricting process in North America, Japanese auto major Toyota has said that it will shift of production of its Tacoma midsize pickup to Mexico from Texas. The company is also set to invest $13 billion through next year in development of manufacturing operations in the United States.   The shift will not result in any job losses in the US, Toyota says. The plan...
Volkswagen Will Take Up 20% Stake InChinese Battery Maker Guoxuan

Volkswagen Will Take Up 20% Stake InChinese Battery Maker Guoxuan

Companies

With the aim of pushing itself further into the Chinese market – the largest auto market of the world, German car maker Volkswagen AG is slated to strike a partnership with Chinese electric vehicle battery maker Guoxuan High-tech Co Ltd through taking up a 20 per cent stake in the Chinese firm, said a report from Reuters news agency.   This would be the first time that Volkswagen would...
Eli Lilly CFO Says Company To Make Quarterly Deals Of $1 Bn-$5 Bn In 2020

Eli Lilly CFO Says Company To Make Quarterly Deals Of $1 Bn-$5 Bn In 2020

M&A

With an effort to augment its pipeline of future products, the United States based drug maker Eli Lilly and Co has announced plans to disclose deals and acquisitions worth about one deal worth between $1 billion to $5 billion every quarter in 2020. This was said by the chief financial officer of the company in a media interview.   The company’s CFO John Smiley said that the focus of the...
A Design And Research Center In China To Be Opened By Tesla To Make "Chinese-Style" Vehicles

A Design And Research Center In China To Be Opened By Tesla To Make "Chinese-Style" Vehicles

Companies

The United States based electric car maker Tesla wants to make "Chinese-style" vehicles and will be opening a design and research center in China for that purpose, The company made the announcement in a recruitment notice on its official WeChat account.   According to the recruitment notice that was published earlier this week sought to hire employee for designing and for other purposes...
Financial Headquarters Of Total To Be Shifted To Paris From London

Financial Headquarters Of Total To Be Shifted To Paris From London

Companies

The chief executive of the French oil company Total, Patrick Pouyanné, has announced the company’s plans to move the cash of the company out of the United Kingdom after the onset of Brexit and shift its financial headquarters to Paris. This move by the petroleum giant reflects the confidence of the company in Europe.   Pouyanné said that the company has finalized its plans to shifting the...
US Says UK Using Huawei In 5G Is ‘Madness’

US Says UK Using Huawei In 5G Is ‘Madness’

Companies

If the United Kingdom government decides to use the equipment and technology from the Chinese tech giant Huawei for its 5G network, it "would be madness", the united States has said.   New evidence of its claims of the possible treats posed by the use of technology and equipment of the Chinese company was presented to the UK by a US delegation recently.  The US delegation was led by...
2019 The Most Profitable Year For Jpmorgan Driven By Surge In Trading

2019 The Most Profitable Year For Jpmorgan Driven By Surge In Trading

Companies

Has not only been the best year ever for JP Morgan but also for any bank in the United States ever.   The profits of the company increased by 21 per cent in the fourth quarter of 2019 driven by resurgence in trading, especially in fixed income, said the company. As a consequence the annual earnings touched a record $36.4 billion for 2019.   However some analysts expect that the...
Tesla’s Market Value Pushes Musk Closer To $346 Million Pay

Tesla’s Market Value Pushes Musk Closer To $346 Million Pay

Markets

After the United States based electric car maker Tesla’s stock market valuation increase by than 200 per cent in the last three months, the founder and CEO of the company Elon Musk is inching closer to claim the first $346 million trove of options in a record-breaking pay package.   With a 9 per cent increase in share price of the company on Monday, it touched a record high. The stocks...
Walmart Lays Off 56 Executives In India As It Struggles To Expand

Walmart Lays Off 56 Executives In India As It Struggles To Expand

Companies

56 executives of the largest retailer of the world Walmart were fired by the company in India  which included eight executive in senior management positions, said the  President and CEO of Walmart’s India unit, Krish Iyer.   Rumors in the press that the company would be laying off more staff in April were false, Iyer said in a n emailed statement to the media.   The...
26% Fall In Ford Sale In China In 2019

26% Fall In Ford Sale In China In 2019

Companies

The sale of cars for Ford Motor Co. in the Chinese market in 2019 dropped by 23 per cent year on year as the company managed to sell less than half of what it had sold in 29016 – its highest selling year in the market. The company further warned that 2020 would be worse for the broader market.   Ford said in a statement Monday that it had sold only 567,854 vehicles in the Chinese market...
Over $60 Million In Departure Package For Boeing’s Ousted CEO Muilenburg

Over $60 Million In Departure Package For Boeing’s Ousted CEO Muilenburg

Companies

The ousted Boeing CEO Dennis Muilenburg, who was fired by the board of the company for not being able to adequately handle the crisis after the grounding of the 7373 Max planes of the company, will walk away with a departure package of more than $60 million in pension benefits and stock, even though the ousted CEO was denied severance for his departure, the company announced this week.  ...

World

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...

Argentina Appeals To Extend Terms Of Private And IMF Debt

Argentina Appeals To Extend Terms Of Private And IMF Debt
Amidst an increased business confidence over financial health of the country fueled by enhanced political tensions before the general elections in October, Argentina is planning to seek an extension...

People

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...

Study Claims Cancer Risk Increase From Consuming Sugary Drinks, including Fruit Juice

Study Claims Cancer Risk Increase From Consuming Sugary Drinks, including Fruit Juice
A study by French scientists has claimed that the risk of contracting cancer could be increased by consumption of sugary drinks such as orange juice or soda.   Consuming of sugary soft drinks...

Huawei Related Gov. Meeting Information Leak End In Sacking Of UK Defense Secretary

Huawei Related Gov. Meeting Information Leak End In Sacking Of UK Defense Secretary
Based on the findings of an incident of leak of information of issues discussed during a high-level government meeting over the issues of the Chinese telecom equipment manufacturer Huawei, the United...

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