Result Page 250 for Archives

Panasonic aims $2B revenues from smart phone biz

After its previous unsuccessful efforts in the smart phone business, Panasonic is making a comeback. It's planning to push sales volume by three times in next three years to reach $2-billion revenues target. Panasonic has decided to make India as its base for expanding in Africa, Middle East and South Asian markets.

Sep 29, 2015 2:34 AM EDT

News

NASA redesigns heat shield for Orion's EM-1 space mission in 2018

NASA is redesigning the Orion heat shield for its EM-1 space mission in 2018. They came up with a new strategy that will save costs and reduce manufacturing time.

News

Profit target for Kobelco down 58% as China's economy slows down

Chinese economy slowdown is adversely impacting Japanese construction and equipment manufacturers. Kobe Steel has reduced profit forecast for its unit Kobelco Construction Machinery by 58 percent. The drop in sales is likely to continue in 2016 year also.

World

Qatar plans $35B investment in US market

Qatar Investment Authority (QIA) has earmarked $35-billion investment for the US market. As part of its global strategy on investments, Qatar is looking to investment opportunities in several sectors in the US economy. Qatar says it planned investment for next five years and this will create jobs for Americans.

Caterpillar's part suppliers are feeling the economic slowdown too

J-TEC and Acme Industries are among Caterpillar's biggest parts supplier that have been following Caterpillar footstep and reducing their workforce. Ever since Caterpillar sales went down, the company has pushed back some of its future parts orders causing a lost for these suppliers.

Sep 28, 2015 9:41 PM EDT

Oil traders stockpile at sea amid rising glut

The ever increasing surplus in oil production is boosting more demand for storage facility. The Contango opportunity is driving traders to store more oil on shore storage capacities. Many global oil companies and traders as well are booking tankers for next one year.

Sep 28, 2015 9:25 PM EDT

Gates Foundation sues Petrobras and Auditor for Fraud

The list of Petrobas’ problems just grew larger as The Bill and Melinda Gates Foundation recently joined the plaintiffs who are suing the company over its treachery and corruption.

Sep 28, 2015 8:59 PM EDT

Mark Zuckerberg speaks at UN: Internet access can eradicate extreme poverty

Mark Zuckerberg says connecting the world to the internet will alleviate poverty. Facebook Founder Mark Zuckerberg recently spoke at UN and says there is more that can be done that's why he and Microsoft founder Bill Gates, along with Wikipedia founder Jimmy Wales, and U2 front man Bono rallied to eradicate poverty by bringing internet access all over the world.

Sep 28, 2015 8:41 PM EDT

VW scandal exposes cozy ties with Berlin

The 413 billion euros could be the reason why there is a strong tie between Berlin and the German automobile industry.

Sep 28, 2015 7:05 PM EDT

Australia's Vocus to acquire its rival M2 Group for A$1.93B

Vocus Communications agreed to buy the M2 Group for A$1.93B. The merging will make them the fourth largest telecom company in Australia and third in New Zealand.

Sep 28, 2015 9:41 AM EDT

BlackBerry Priv is now official - here's how it compares to iPhone

BlackBerry just launched Priv, it’s very first Android phone that has specs that come close to the latest series of iPhones.

Sep 28, 2015 9:16 AM EDT

From an iPhone to a Tesla car, how much energy do these devices really use?

Everything that consumes electricity costs money. Exactly how much it is has recently been filed into one report.

Sep 28, 2015 8:57 AM EDT

Giant companies to combat climate change through renewable energy

Peole around the world is ignoring the harmful effects of climate change may bring. And now that we are experiencing its wrath, countries and companies pledged to use renewable energy to fight climate change hoping it's not too late.

Sep 28, 2015 8:41 AM EDT

Bank of America sees signs of recovery in Russian economy

Russian economy is poised for a marginal recovery, predicts Bank of America. The corporate firms posted 43 percent growth in profits for the first half of 2015. The rise in proficts will translate into capital investments in the near future, say economists.

Sep 28, 2015 5:16 AM EDT

New H&M stores to open in China

Despite China's market slowdown, still investors take the risks to open business such as H&M. The clothing company will spread its brand awareness among Chinese consumers with hopes that it will be successful.

Sep 28, 2015 4:39 AM EDT

Volkswagen new CEO to steer German auto maker on the right track

Reacting first time on the emission results rigging scandal after assuming the new position, Matthias Müller, the new CEO of trouble-hit Volkswagen, has assured investors and customers that such misconduct will never happen again.

Sep 28, 2015 4:35 AM EDT