Company News

Tata Motors and Tata Motors Finance to Collaborate with Kool-ex Cold Chain

By Norma Stanley February 15, 2019

Indian commercial vehicle giant Tata Motors has announced that it, along with Tata Motors Finance, will be entering into a strategic tie-up with Kool-ex Cold Chain Limited, a leading pharma cold chain logistics service provider, to supply 200 factory built reefer trucks. It will be a first of its kind transaction for both the companies. […]Continue Reading

News

China Threat Neutralised as French Wine and Spirits 2018 Exports Rise to Record Levels

By Norma Stanley February 14, 2019

The slowdown in the Chinese economy has pretty much hit all industries across the world, and due to the drop in consumption, many industries which depend on exports have experienced a crippling slowdown. However, the storied wine and spirits industry in France seems to be existing in a different planet altogether as it has not […]Continue Reading

Opinion & Analysis

Kraken’s acquisition of crypto facilities leads the company to a new high

By Norma Stanley February 6, 2019

Kraken is a giant cryptocurrency exchange based out of US and is operating in Canada, the EU, Japan, and the US, and it is the largest Bitcoin exchange in Euro volume and liquidity. Recently, the company made a huge announcement about the acquisition of cryptocurrency facilities. This will restructure the entire company to rank between […]Continue Reading

Company News

Nvidia Generated $1.95 Billion in Revenue from Crypto Mining Sales

By Norma Stanley February 4, 2019

A report published by Markets Insider reveals that Nvidia has earned a whopping $1.95 billion in revenue via its crypto business. However, the official financial statement of the company has claimed a crypto-related revenue of $602 million. RBC analyst, Mitch Steves, told that the actual number is at least three times higher. “We think NVDA […]Continue Reading

Company News

Commerce Chief Tells Unpaid Federal Workers to Get Loans

By Norma Stanley January 28, 2019

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

Opinion & Analysis

Chinese Economy Hits Its Lowest In 3 Decades

By Norma Stanley January 22, 2019

China which is the world’s second-largest economy grew by 6.6% which is slowest in 28 years. As per the latest official data released the economy lost its way further in the last quarter as the county tried to overcome the debt crises and the ongoing trade war with the United States. With that, there is […]Continue Reading

Trading News

Proposed licensing system to keep anonymous Crypto trading at bay, claimed by Dutch Government

By Norma Stanley January 21, 2019

As per recent news from the Dutch media group, Nederlandse Omroep Stichting (NOS), the Dutch Ministry of Finance has received an official confirmation to set up a licensing system which would create transparency as far as the digital asset trading and crypto-based services are concerned. Pete Hoekstra who is the Netherlands’ Minister of Finance has […]Continue Reading

Trading News

Popular Ripple’s Coin XRP’s Fake Liquidity on Crypto Exchanges?

By Norma Stanley January 21, 2019

Ripple’s coin XRP is the second largest cryptocurrency coin in the market only after the Bitcoin [BTC] according to market cap. The XRP which is a digital asset is trying to achieve new financial organizations and institutions across the world to execute cross border transactions. This digital asset in future will be the top serious […]Continue Reading

Trading News

US Warns German Companies of Sanctions Over Russian Links

By Norma Stanley January 16, 2019

In a long-standing conflict between the United States and Russia, this time German companies will have to face the ire. The United States has warned German companies involved in the Russian-led Nord Stream 2 gas pipeline that they may face sanctions if they choose to continue with the project. US president Donald Trump has accused […]Continue Reading

News

US Subscribers to Pay More for Netflix

By Norma Stanley January 16, 2019

US subscribers will see a rise in its monthly fee subscription by about 13 to 18%. The company spends a lot of its money on expanding beyond US shores and also on original content. After Netflix made this announcement, the shares saw a 6% rise in trading which is on top of the 30% increase […]Continue Reading