Apple has announced huge plans to invest in the US economy. To begin with, the company will pay $ 38 billion in the implementation of the new tax legislation, and later plans to spend tens of billions to create jobs, new factories and data centres in the United States. Apple outlined its plans in...

The rate of bitcoins and dozens of other crypto-currencies fell sharply on January 8, causing their total market capitalization to decline by more than $ 100 billion. The starting point for this global collapse was the apartment in a new residential building in Long Island City, New York. There...

Toshiba Corp is considering a possibility of conducting an IPO for its memory chip manufacturing business if an agreed $ 18 billion sale to a consortium of investors led by Bain Capital does not receive approval from antitrust regulators by the end of March. This is reported by the Financial Times....

The latest report from Technavio market research forecasts that the global reset IC market would register a growth of CAGR 12 per cent during 2018 and 2022.   The report is based on the segmentation of the aforesaid market according to end-user. The segments mentioned in the report are...

The first major watch brand to get into the lucrative and fast-growing market for used premium watches is the Swiss luxury watchmaker Audemars Piguet. The company recently announced its plans of launching its second-hand business this year.   The company plans to expand its business for its...

Fitch ratings has warned that Australian banks would be put under pressure o the issue of charges for bad loans which is slated to rise and face greater scrutiny from a royal commission. This is expected to put Australian banks under the grind in 2018.    The various economic trends...

A follow up order from Emirates has allowed Airbus to save its flagship A380 superjumbo from the brink of being struck out of the production list forever. It had been just days that the airplane maker had suggested that it would kill it off due to very little demand and this order infused a new...

The British jet engine manufacturer Rolls-Royce announced possible sale and restructuring of its marine division amid a decline in demand in the oil and gas market, as well as within restructuring of the holding, the company said on Wednesday. It is assumed that after the sale and restructuring of...

What would be the time period when the gender pay gap would be closed down?   Even as Citigroup claims that the lender is still working hard to close down the pay gap, the company says that 99 per cent of what its male employees get is given to its female employees.   99 per cent of...