Company News

Canopy Shows Immense Growth in Marijuana Sales

By Teresa Taylor February 17, 2019

The earnings report of the previous year was released on Thursday evening, and it revealed that Canopy, the leading pot seller, showed a 300% growth in revenue. The company’s shares also rose by 4.4% the same day following the announcement of the earnings report. Co-Chief Executive Bruce Linton came out saying that the company hoped […]Continue Reading

Company News

Apple’s New Video Streaming Service Expected to be launched in April, Video Partners Viacom, Starz, and CBS on Board

By Teresa Taylor February 17, 2019

Reports and speculation about Apple’s video streaming subscription where going around the corners for years now and finally Apple is all set to launch its new TV subscription service. Reports say that Apple is expecting to launch its new service in April or in May. Apple currently is working in the final development phase and […]Continue Reading

Company News

Airbus Decide to no Longer Produce A380 Superjumbo

By Sarah Lavallee February 16, 2019

European aircraft manufacturing giant Airbus has decided to no longer produce the A380 Superjumbo, according to an announcement made by the company on Thursday. The cruise liner was Airbus’ big bet on its quest to become the king of the skies, but the sales figures have not quite been up to the company’s expectations. The […]Continue Reading

News

Here’s How the Government of Seoul is Using a Public Blockchain in the Real-World

By Brian Stanley February 15, 2019

Information that has been gathered from various sources has confirmed that Seoul city’s (South Korea) government has been turning in to a public blockchain for favoring few administrative applications. Out of all the blockchain projects that South Korea has, ICON is its largest project, and the Government of Seoul has chosen this project to process […]Continue Reading

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

Trading News

As Hopes on Trade Talks Rise Asian Stocks Reach 4-Month High

By Evan Vaughn February 14, 2019

There is great optimism that the US and China will be able to come to a deal and resolve the seven-month trade war between both countries. Due to that sentiment, the stocks in the Asian markets which were fluctuating mostly in the negative side rose to a 4-month high on Wednesday. At the market: The […]Continue Reading

Company News

Facebook Encryption Case: US Judge Keeps The Documents A Secret

By Adrian Todaro February 14, 2019

A US court has rejected the demand by two civil rights groups for the release of documents by Facebook to decrypt the conversation that an MS 13 gang had on Facebook’s messenger app. On Feb11, the US judge rejected the demand, the issue came up after a joint investigation by the Federal and state investigation […]Continue Reading

Trading News

Duracell and Energizer Competing for Controlling Stake in India’s Eveready

By Teresa Taylor February 13, 2019

Eveready, one of the biggest manufacturers of flashlights and dry cell batteries, has been put on the market by India’s Williamson Magor Group due to a pile of debt that has crippled the holding company of the group. According to a report in India’s Economic Times, the fight for the controlling stake in Eveready is […]Continue Reading

News

Budget Boost in the Offing for Singapore’s Senior Citizens

By Sarah Lavallee February 12, 2019

With an election looming this year, the senior citizen population in Singapore are going to get a generous package in the upcoming budget, according to analysts familiar with the matter. The population in the country is getting on in age quite fast, and the budget is possibly being framed with one eye on the election. […]Continue Reading