Month: January 2019

Chinese tech giant Huawei’s chief executive has been charged with criminal charges for stealing trade secrets, misleading banks about its business and violating U.S. sanctions. Huawei entirely denied committing any violation mentioned in the indictment. These charges were announced just before a critical two-day round of trade talks between China and the United Continue Reading

U.S. Commerce Secretary Wilbur Ross on Thursday advised the furloughed federal workers who would be facing a second missed paycheck to get loans to pay their pending bills. He also added he doesn’t understand why the federal workers have any issue availing loans. Ross, who made a fortune buying distressed companies, said it was disappointing […]Continue Reading

Jim Hackett, Chief Executive of Ford Motor Co, said on Thursday that the company would be aiming to double its annual operating profit this year. Ford, the No.2 automaker in the U.S. had mediocre gains last year. Hackett’s comments on the coming year’s profits were made in an email to the employees at Ford. Ford […]Continue Reading

Aimed at funding balance sheet expansion and accelerating growth of Iwoca’s product offerings and market share. The SME lender will use its award-winning technology to break the barriers obstructing access to finance for over 20 million European small businesses. While many firms are addressing the SME lending market, very few have a credit-product as advanced […]Continue Reading

The United States Internal Revenue Service (IRS) will be starting tax filing season on the next Monday. There is a high chance of the season to become chaotic as the IRS is hard-pressed on workforce by the on-going shutdown. This could be the worst chapter of the current shutdown which has been dragging for 34 […]Continue Reading

After the global disruptions through trade wars and local issues like Brexit, the moods of the businessmen have indeed gone down. The on-going World Economic Forum is also not prone to that change. Many business elites from across the globe who have raised doubt over the performance of economy this year. The head of world’s […]Continue Reading

Amid trade tensions between the United States and China, China has blocked the access of Microsoft’s search engine Bing. And with the blocking of Bing, China blocked all major non-Chinese search engines that had been operating there. And according to the reports from the sources, the order to block the search engine had come from […]Continue Reading