bmw sets its plan to be first foreign automaker to control china jv

BMW Sets its Plan to Be Primary Foreign Automaker to Control China JV

Company Mohit Shah - Jul 13, 2018

BMW AG stands to become the first foreign car manufacturer to own a majority in a Chinese joint venture. The Munich-based luxury-car maker plans to unveil the new ownership structure of its venture wi

cryptocurrency start up aches security crack leading to theft worth dollar 135 million

Cryptocurrency start-up aches security crack leading to theft worth $13.5 million

Market Mohit Shah - Jul 11, 2018

Bancor, an Israeli start-up, issued a statement to report that its cryptocurrency wallet had been breached; a theft worth $12.5 million in digital currency (ethereum) along with $1 million worth of a

nissan declares falsified emissions tests in factories situated in japan

Nissan declares falsified emissions tests in factories situated in Japan

Automotive Mohit Shah - Jul 09, 2018

The Japanese carmaker Nissan Motor Co., involved in a vehicle-inspection scandal last year, admitted that an internal investigation found forged exhaust emission involving five local factories.

boeing proposed an amazing aircraft deal with brazils embraer

Boeing Proposed an Amazing Aircraft deal with Brazil's Embraer

Company Mohit Shah - Jul 06, 2018

Boeing Co. bump into a deal for a controlling stake in the commercial aircraft arm of Brazilian planemaker Embraer SA under a new $4.75 billion joint venture, the firms confirmed on Thursday.

htc executes almost 1500 job cuts from its global workforce

HTC executes almost 1,500 job cuts from its global workforce

Company Mohit Shah - Jul 05, 2018

Taiwanese smartphone-maker, HTC, cuts 1,500 jobs in a move called as “realignment of resources”.  

smartphone giants apple and samsung resolve their seven long years fight

Smartphone Giants Apple and Samsung Resolve their Seven Long Years Fight

Company Mohit Shah - Jun 29, 2018

Apple and Samsung Electronics have finally reached a decision in their US clear battle, ending a seven-year fight over smartphone designs that crossed the globe.

britains biggest pub chain runs short of certain beer brands due to carbon dioxide shortage

Britain's biggest pub chain runs short of certain beer brands due to CO2 shortage

Market Mohit Shah - Jun 28, 2018

Britain's largest pub group reveals that some outlets are lacking the stock concerning several beer brands; this situation has risen due to CO2 gas shortages impacting the food & drink sectors

mercedes make daimler issues profit warning due to us china trade clash

Mercedes maker Daimler Issues Profit Warning Due to US-China trade clash

Automotive Mohit Shah - Jun 22, 2018

Market shares in Europe’s biggest automakers have fallen abruptly in early trading after Daimler issued a warning that its profits would be knockout this year by new Chinese tariffs on US import

asian economies under threat due to us china trade war

Asian economies under threat due to U.S.-China trade war

Market Mohit Shah - Jun 21, 2018

As per economists, Asian economies including Taiwan, Southeast Asia and South Korea could be majorly impacted if trade rigidities between China and the U.S. further worsen.

chinas industrial  output declined–below may expectations

China’s industrial output declined below May expectations

Economy Mohit Shah - Jun 18, 2018

As per statistics gathered last Thursday, China's industrial output produced 6.8 percent in May as compared to a year earlier, missing expectations, whereas fixed-asset investment growth decelerat

johnson and johnson struck with biggest trial as talc based products caused cancer

Johnson & Johnson struck with biggest trial as talc-based products caused cancer

Medical Mohit Shah - Jun 12, 2018

A lawsuit filed against Johnson & Johnson by 22 ovarian cancer patients went on trial in Missouri state court on Wednesday; the trial is likely to last until mid-July.

a privacy setting bug in facebook affects 14 million users

A Privacy Setting Bug in Facebook Application affects 14 million users

Company Mohit Shah - Jun 08, 2018

On Thursday, the world’s Largest Social Media Company Facebook has revealed that it had again failed to keep the information private of millions of user’s.

us consumer spending swells more than expected in april

U.S. consumer spending swells more than expected in April

Economy Mohit Shah - Jun 01, 2018

According to the Commerce Department, U.S. consumer spending rose more than expected in April; personal spending grew strongly by 0.6 percent from the expected value of 0.4 percent.

warren buffett investment plan of 3 billion in uber technologies inc failed

Warren Buffett Investment Plan of $3 Billion in Uber Technologies Inc. Failed

Company Mohit Shah - May 31, 2018

Non-Tech Investor Warren Buffett has been in talks these days because he had planned to invest $3 billion in Uber Technologies Inc. earlier this year, but the talks failed following disagreements over

bmw and tesla electric vehicles perform below the expected mark in fresh crash tests

BMW & Tesla electric vehicles perform below the expected mark in fresh crash tests

Automotive Mohit Shah - May 25, 2018

The Insurance Institute for Highway Safety (IIHS) conducted a new phase of crash tests in which both BMW i3 and Tesla's Model S couldn’t acquire satisfactory scores as compared to other elec

bank of latvia head held in anti corruption probe

Bank of Latvia head held in anti-corruption probe

World Mohit Shah - Feb 19, 2018

Latvia’s central bank governor was held by the country’s anti-corruption agency; his house and offices under Bank of Latvia were raided by officers.

us inflation rise as consumer prices surge in january surpassing expectations

U.S. inflation rise as consumer prices surge in January surpassing expectations

Market Mohit Shah - Feb 15, 2018

US consumer prices rose faster than expected in January, a sign of firming inflation that bolstered expectations of higher interest rates. 

airbus takes fresh dollar 16 billion charge linked to a400m military plane

Airbus takes fresh $1.6 billion charge linked to A400M military plane

Company Mohit Shah - Feb 15, 2018

The European airplane designer, Airbus, has been hit by a €1.3bn (£1.2bn) charge associated to its troubled A400M military transport plane. 

barclays bank charged by sfo concerning qatar loans

Barclays Bank charged by SFO concerning Qatar loans

Company Mohit Shah - Feb 13, 2018

The Serious Fraud Office (SFO) has accused Barclays Bank for a $3bn Qatar loan sanctioned in 2008; “unlawful financial assistance” is the issue Barclays has been charged with.

elon musk launches falcon heavy rocket carrying teslas sport car

Elon Musk launches Falcon heavy rocket carrying Tesla’s sport car

Technology Mohit Shah - Feb 08, 2018

On Wednesday, Elon Musk’s cherry red sports car manufactured by Tesla together with ‘Starman’ were launched over Falcon heavy rocket from Kennedy Space Center in Florida.

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