The world of business is highly dynamic and in a state of flux, especially in the digital age, with digital currencies playing a major role. However, ‘trust and transparency’ still remain the basic pillars of any business organization, large or small, and some enterprises attach Continue Reading
Company News
The mega-companies like PwC and EY are facing bad times. The companies have to deal with troubles with their London Capital and Finance office. They are right now face-to-face with the Financial Reporting Council or FRC interrogation. The reputation of these two audit firms is at stake. The London mini-bond specialist-auditing firm crumbled last year […]Continue Reading
Amid the ongoing trade war prevailing between the US and China, Taiwanese Apple partner Pegatron has decided to set up its production base in Vietnam, claimed recent reports. The world’s two largest economies are locked in a severe trade war and it has already begun showing an impact on electronic companies. With this move, Pegatron […]Continue Reading
The Japan-based global payment network operator JCB Co., Ltd. and blockchain technology provider, Keychain, today signed a strategic agreement. The companies announced that they are going to collaborate to leverage the power of blockchain in the payments space. Keychain has developed its range of services in the blockchain space considerably and some of its services […]Continue Reading
Multinational chemical firm BASF will sell its subsidiary BASF Construction Chemicals to an affiliate of global private equity fund Lone Star for euro 3.17 billion on a cash and debt-free basis. The deal will be completed by Q3 of 2020, subject to approval from relevant authorities. Member of Board of Executive Directors BASF SE Saori […]Continue Reading
The sanctions in the United States have made Chinese telecom giant Huawei look at South Korea for its rising demand for telecom and smartphone equipment. The company has also vowed to raise its investments in South Korea, according to the head of global media and communications at the company Karl Song Kai. Huawei is the […]Continue Reading
The U.S. Missile Defense Agency, Pentagon, has taken note of the advances made by Russia and China in hypersonic missiles technology. Accordingly, it is developing a space sensor system to intercept hypersonic missiles in the air. The US aims to develop space sensor technology for tracking incoming hypersonic missiles. This technology is called Hypersonic Ballistic […]Continue Reading
Amazon has termed the claims made by consulting firm ShipMatrix “inaccurate.” ShipMatrix claims that Amazon’s on-time delivery rates had fallen to 93.7% in the week ending December 7 compared to 98.2% during the previous week, which also included Thanksgiving. Amazon spokeswoman Rena Lunak admitted that some deliveries were delayed due to bad weather but asserted […]Continue Reading
Leading comparison platform SingSaver has announced that it has secured a brokerage license from Monetary Authority of Singapore (MAS) here on Thursday. Now, after this move it will be able to offer more than 100 insurance policies from 12 providers at its platform. SingSaver will now provide instant digital comparisons of insurance products in various […]Continue Reading
Payoneer, one of the leading cross-border payment services providers headquartered in New York, has acquired Optile, an open platform of payment orchestration based in Germany’s Munich. The move was announced yesterday on December 10, 2019, through a press release. However, the terms of the acquisition have not been revealed. Payoneer also took to the micro-blogging […]Continue Reading