After a life span of two hundred years, Carillion dissolved through forced liquidation giving way under “ballooning debt pile” as the U.K. government came to the rescue to “ensure” a continued “public services”. On Monday, 15 January 2018, Britain based “construction and services company”,...

Some business fear that the chances of slowdown or crashing of some computer systems by the fixes to combat a major microchip security flaw could prove costlier than the original problem and hence many are refraining from adopting the fixes.   There has been a scramble among businesses,...

The Brazilian rival of Uber – 99, would be taken over by the Chinese ride-sharing company - Didi Chuxing. The Chinese company already holds a stake in the Brazilian company and the deal is slated to be around $600 million, according to media reports.   Especially for Uber and Didi which are...

Generous government subsidies aimed at furthering the Norway’s lead in its policy from shifting to clean energy from fossil-fuel engines have been proving very fruitful there as I 2017, more than half of the new registrations there have been that of electric and hybrid cars.   The...

FirstNet adds to the portfolio of AT&T’s “wireless airwaves”. On Friday, 29 December, 2017, AT&T Inc informed that “all 50 U.S. states” had taken the decision of participating in the “nationwide broadband network” which is being built by the company under a “$6.5 billion government contract”....

There have been three major factors that have helped global stock markets to end 2017 on record highs. They have managed to gain about $9tn (£6.7tn) in value during the year. The central banks’ go-slow approach to easing financial support, President Donald Trump’s tax cuts and a strong global...

Citigroup Inc has been charged of conducting misleading research and accorded ratings on its basis to more than 1800 stocks which resulted in a large number of investors purchasing those shares which otherwise they would never have purchased. The US regulatory authority said that the lender will...

Plans to phase out A380 superjumbo - the world’s largest jetliner, would be put into force by Airbus if its attempts to secure a critical order Dubai’s Emirates fails, said media reports.   The A380 superjumbo has been a slow-selling product and has been in service for just about 10 years....

The Chinese ride-hailing leader Didi Chuxing has reportedly managed to gather enough investments to put its plans for global expansion into force after a massive round of funding where it got another investment from SoftBank Group.   Funds worth more than $4 billion has been secured by the...