Company News

Huawei’s 5G Network May Be Barred From Germany

By Brian Stanley January 21, 2019

Germany is considering various ways to block Huawei’s 5G mobile network as per reports. If the government does block it, it will follow other countries like Australia and the United States which has already restricted Huawei from accessing its next-gen mobile networks. Both countries have cited national security as the reason behind banning it. The […]Continue Reading

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Contract Workers to Lose Their Jobs In Nissan Mississippi Plant

By Adrian Todaro January 21, 2019

Nissan Motor Co which has its headquarters in Tokyo, Japan and a manufacturer of trucks and buses has many manufacturing and assembly plants across the world, and one of it is in Mississipi. The company announced that it planned to lay off up to 700 contract workers in its assembly plant in Mississipi. The official […]Continue Reading

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United Arab Emirates and Saudi Arabia Agrees to Work as a Team for New Cryptocurrency

By Teresa Taylor January 21, 2019

The United Arab Emirates [UAE] and Saudi Arabia disclosed an agreement saying they will co-operate with each other for developing a new cryptocurrency. The report was published on 19 January by UAE official news agency named Emirate News Agency. By the statement, The Executive members of Saudi-Emirati Co-ordination Council organized a meeting in the capital […]Continue Reading

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A Joint Cryptocurrency in Horizon to Strengthen The Saudi-Emirati Economic Alliance

By Adrian Todaro January 21, 2019

The Emirates News Agency based in The United Arab Emirates (UAE) has reported that the Arab nation will join hands with their neighbor Saudi Arabia to launch a new cryptocurrency, in a meeting held by “The Executive Committee of the Saudi-Emirati Coordination Council” in Abu Dhabi. The report mentions that the conference in the UAE […]Continue Reading

Company News

Microsoft Signs Deal with Walgreens

By Adrian Todaro January 17, 2019

Amazon has recently become the most valuable company in the world with the highest market capitalization. In the times of Amazon’s growth, Microsoft has also started involving with more retailers. Recently, Microsoft has signed a multiyear deal with Walgreens Boots Alliance (WBA). Though Amazon’s core business still lies in e-commerce, it has been expanding into […]Continue Reading

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Volkswagen and Ford Likely to Announce Alliance

By Sarah Lavallee January 16, 2019

Volkswagen AG and Ford Motor Co may soon unveil an alliance to combine forces on commercial vehicles and may soon expand to electric vehicles and self-driving technologies. This move may save billions of dollars for both of the automakers. Ford and Volkswagen will be soon declaring the alliance officially on Detroit auto show. As per […]Continue Reading

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Facebook to Invest $300 Million in Local News

By Adrian Todaro January 16, 2019

After receiving criticisms worldwide for its role in eroding the local news business, Facebook has decided to invest $300 million in this segment over three years. The Company said the investment in time and money would be a significant expansion of a plan to help newsrooms not only in the U.S. but also in abroad […]Continue Reading

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Venezuela’s Maduro to Implement Fresh Ideas to Bring Reforms

By Brian Stanley January 15, 2019

Venezuelan President Nicolas Maduro started his second term in office by delivering a state-of-the-nation speech on Monday and delivered a few fresh ideas to help the increasingly isolated country escape hyperinflationary collapse or a further downward spiral in 2019. His election to the second term was full of criticisms that he had used unfair practices […]Continue Reading

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Poland may Limit Use of Huawei Phones after Chinese Official Arrested for Espionage

By Sarah Lavallee January 15, 2019

A senior government official said on Sunday that Poland could consider banning the use of Huawei products by the public bodies, following the arrest of one Huawei official from China in Poland last week. And the Polish Government also is considering passing legislation to limit the use of particular products if it poses any threat […]Continue Reading

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Goldman Sachs Predicts Low Earning by Firms in 2019

By Evan Vaughn January 13, 2019

Goldman Sachs has predicted to see low growth in earnings for the United States in 2019. So, terming it as a disappointment, it advised its clients to stay away from the companies most dependent and leveraged to economic growth. In a research report, it had warned its bullish investors that the corporate profits of several […]Continue Reading