Following the scrutiny of a secret panel about the fall out to national security of the U.S. from ma possible deal between Broadcom Ltd and Qualcomm Inc., U.S. President Donald Trump stopped the hostile takeover of the later by the former via an executive order.   The recommendation for the...

A deal for the purchase of 48 Typhoon fighter jets by Saudi Arabia from BAE Systems – the British aerospace company is near to a closure, said the British company.    The two sides of the deal signed a memorandum of intent for the purchase soon after a meeting between the Saudi Crown...

The market for smart appliances is yet to gain the same degree of acceptance that has already been experienced by a wide array of smart home devices such as smart thermostats, connected lighting, and smart locks. This was one of the conclusions reached by a new report that looked into the changes...

There had been calls by the South Korean officials to reduce the rates of interest that General Motors had bene charging from its loss making South Korean unit on loans for years now but the calls were not paid heed to according to media reports based on documents claimed ot have bene seen by the...

Walmart is planning to soon relaunch a revamped section of its website that caters to online sale of home goods and furnishings.   It would be a few more weeks that the new and enhanced section would be launched, the company said very recently. At the heart of the planning is to counter the...

It was about 130 years ago that German banker Joh Berenberg Gossler & Co. KG had left the United States. But now the lender is attempting to against start business there. Expansion and covering of U.S. stocks in a major way is the aim of this bank which is the world’s second oldest bank after...

With the aim of attracting new investment and increasing growth, simpler business models are being created by partnerships between some publicly-traded U.S. energy pipeline and oil-storage firms.   New transport, gathering and storage projects worth billions of dollars have been created by...

Two of China’s largest tech giants - Alibaba Group Holding Ltd and Tencent Holdings Ltd, are at loggerheads to win over market share and customers and is investing heavily in infrastructure. The combined market value of the two companies is $1 trillion.   The reach of the companies – both...

In 2017, there has been drop of 9 per cent in the number of doctors deciding to migrate to the U.K. from other European countries. This was an eight-year low. This was revealed in a news report based on new figures from the U.K.’s General Medical Council.   Compared to the peak of 4,644...

The healthcare supply market is now being eyed by Amazon.com and according to a recent report published in the Washington Post, the largest online retailer of the world is all set to expand its footprint in that industry segment.    The healthcare offerings are being planned to be...

The United States is set to become a net exporter of natural gas by the year 2020 according to a forecast made in the Annual Energy Outlook of 2018 by the Energy Information Administration (EIA). The agency said that the transformation would be driven by growth in natural gas, oil, and oil product...