The total number of UnionPay cards that have been issued by the company outside of mainland China has reached to about 90 million, said UnionPay International, driven by issuance of about 20 million more UnionPay cards in the region in 2017.   It has been a number of years at...

The ambition that Amazon has been brewing has been obvious for years now. The largest online retailer in the world has set up its own networks of merchandise warehouses and sorting centers for packaging. Transportation of cargo is also done by airplanes and truck trailers that are owned by the...

The most bullish trades are coming down in China and the investors there are being remined how fats bets placed by them can change for the worse.   A rout in the currency of the country, one of the favored best of investors, has left them high and dry and has impacted markets globally this...

After initially starting off with three crew members on the flight deck, the number was reduced to two with the advent of the Being 757 which also permanently altered the design of the cockpits during the 1980s. The planemakers are now contemplating ways to reduce the number of flight deck crew to...

Danny Perna, the founder of Epic Flight Academy in Florida felt a severe shortage of pilots in 2015 when sirliners from China to the United States were impacted by it. This was, according to him, a first time in 15 years that trained pilots as flight instructors at his school were not being found....

There would be over 31 billion connected Internet of Things (IoT) devices in 2018 globally according to an estimate by business information provider HIS Markit. The analysis says that the driver for this growth would be the demand for intelligent connected devices within commercial and...

The month of January appears to be a bad one for cryptocurrency investors.   There has been a slip in almost all of the digital coins. Bitcoin is all set to record its worst monthly fall since February 2014. There are two drivers for this – Facebook planning to ban all advertisements related...

The world's most secure marking system is being claimed to have been developed by researchers at the University of Copenhagen. This system would be able to fight against pirated goods – ranging from pirated pharmaceuticals, foodstuffs, designer merchandise and artwork.   And since the...

The sanctions posed by the United States on Venezuela and on the state-run oil company PDVSA coupled with the economic debacle that the South American nation is going through has resulted in the country the U.S. oilfield service companies that are exposed to the country facing hits to earnings....

China and Russia have failed to transform in to market based economies and therefore the United States believes that it had made some mistakes in including the two countries in the world trade organization (WTO, said the Trump administration.   Two reports were sent to the Congress on Friday...

In what is being viewed as an attempt by Alphabet's Google to repair the soured relations with Beijing and to seek a way to register a greater presence in the massive online market of China, the U.S. based search engine has inked a patent-sharing agreement with Chinese internet giant Tencent...