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Debdutta Ghosh


China Devalues Yuan for the Second Consecutive Day, Sends World Markets Falling

China, arguably the second largest economy in the world, devalued its currency for the second consecutive day creating ripples across all international markets resulting in falls in indices. This was
Published on August 12, 2015
By Debdutta Ghosh

Alibaba Misses Quarterly Target after Much Hyped Investment Announcement in Suning Just Two Days Ago

After barely a couple of days after the mega announcement of taking up a 20% stake in Chinese electronic retailer Suning, Alibaba Group Holding Ltd’s missed the revenue forecasts for
Published on August 12, 2015
By Debdutta Ghosh

Google has New CEO and a New Company

Indian born Sundar Pichai was named the new CEO of the search giant Google while the company announced the formation of new company Alphabet. Pichai an Indian by birth, was
Published on August 11, 2015
By Debdutta Ghosh

Additional Crude Input from Iran Pushes Opec Output to Three Year High

With the prospects of a new era of low prices in crude oil due to over production, the Organisation of the Petroleum Exporting Countries (Opec) announced that their crude production
Published on August 11, 2015
By Debdutta Ghosh

China Devaluation Raises Prospects of Currency War, Fall in Global Markets

Following a run of poor economic data, China surprisingly announced a 2 percent devaluation of the yuan on Tuesday. This move resulted in a worldwide impact on the share markets
Published on August 11, 2015
By Debdutta Ghosh

JD.com Shares Fall on News of Alibaba-Suning Agreement, Owner Liu Qiangdong Looses $500 Million

Following the agreement between Chinaโ€™s online retail giant Alibaba Group Holding Chinese electronics retailer Suning Commerce Group, JB.com, the biggest rival of Alibaba, saw its share tumble over fears of
Published on August 11, 2015
By Debdutta Ghosh

Greece Convinces International Creditors, Clinches Bail-out Package

Greece has, for the time being, averted its debt crisis as the debt strapped economy managed to secure a loan from its international creditors on Tuesday. The multi-billion-euro bailout agreement
Published on August 11, 2015
By Debdutta Ghosh

Scotland to Ban GM Farming While London Gets Ready to Allow It

While Britain signals that it would allow genetically modified crops to be harvested in the country, Scotland on the other hand is preparing to formally ban genetically modified crops from
Published on August 10, 2015
By Debdutta Ghosh

Nokia Technologies Division Hiring Talents as it Prepares to Renter Mobile Handset Market

The plot to return to the mobile phone market for Nokia is taking shape. The company started hiring talents for its software division as the company tests new products. Nokia
Published on August 10, 2015
By Debdutta Ghosh

Race to Gain Chinese Online Supramacy, Alibaba buying 20% Stake in Suning

The race to gain supremacy in the Chinese on-line market is on. A 28.3 billion yuan ($4.63 billion) deal is expected to conclude between Chinaโ€™s on-line retail giant Alibaba Group
Published on August 10, 2015
By Debdutta Ghosh

Greece Hoping to Finalise Bailout Package by Tuesday

August 20 Due Date for โ‚ฌ3.5 billion Repayment to the European Central Bank Greece hopes that Tuesday would be the day when it manages to conclude negotiations with its international
Published on August 10, 2015
By Debdutta Ghosh

Father Prosecuted for Preventing Rescue of 20 Year Old Drowning Daughter

Father Prefers Daughters Death than to Allow โ€˜Strange Menโ€™ to Touch Her
Published on August 10, 2015
By Debdutta Ghosh

Iconic Spaceship Condo Up for Sale

Build 30 years ago to replace an old defunct restaurant, the architect never thought it would become one of the iconic structures of an entire region. The iconic spaceship condo,
Published on August 7, 2015
By Debdutta Ghosh

Monthly Security Fixes Issued by Google and Samsung after Unveiling of Latest Android Bug

After the unveiling of hacking software โ€˜Stagefrightโ€™, Google Inc and Samsung Electronics Co announced the release of monthly security fixes for Android phones. The world’s most popular mobile operating system
Published on August 7, 2015
By Debdutta Ghosh

Tesla Model X Launch Uncertain, Delay Likely to Throw Company Production off-Gear

Facing a dual blow of reporting net loss for the second quarter and a predicted reduced vehicle output target for this fiscal, auto maker Tesla Motors shares tumbled under pressure
Published on August 7, 2015
By Debdutta Ghosh

Pfizer, Bristol Carry out Tests for New Cancer Drugs, Eyes Lucrative Immuno-Oncology Market

Two pharma companies race against each other to get a breakthrough in creating a new drug for cancer. Both the companies are at present researching on developing drugs accelerate the
Published on August 7, 2015
By Debdutta Ghosh

Coca-Cola Given ‘BBB+’; Outlook Stable Rating by Fitch

With a total debt of $4.5 billion, Coca-Cola Enterprises was rated โ€˜BBB+โ€™ Issuer Default Rating (IDR) by Fitch Ratings. This rating flows a merger of two sister companies of the
Published on August 7, 2015
By Debdutta Ghosh

Russia-UK Diplomatic Row Worsens Even as Russia Continues Pressure Against Ukraine

The relations between UK and Russia, already soured by the ongoing crisis in Eastern Ukraine, deteriorated further after Russiaโ€™s allegations that UK was responsible for the latest diplomatic debacle between
Published on August 6, 2015
By Debdutta Ghosh

YouTube Free of Google+ Account

One would no longer require a Google+ account to create a YouTube channel or comment on videos after Google announced the decoupling decision of YouTube from Google+. This move has
Published on August 6, 2015
By Debdutta Ghosh

US Jobless Claims at Second Lowest Level Since Recession, But Nothing Alarming Say Analysts

Joblessness is on the rise in the United States. US recorded the lowest four-week moving average level since mid-May and the second-lowest since the end of the recession in 2009
Published on August 6, 2015
By Debdutta Ghosh

Tesla to Update Security Flaws Found in its Model S Sedan by Hackers

Following vulnerability of its software on the Model S sedan, Tesla announced on Thursday that it had already sent a software patch to address security flaws in the car. A
Published on August 6, 2015
By Debdutta Ghosh

Li-ion Battery Demand to Grow at 37% till 2019 Driven by E-cigarette Demands: Technavio Report

Technavio, the global research firm, has predicted that the US market for Li-ion batteries would grow at a CAGR of almost 37% from 2015-2019. The firm published this finding in
Published on August 6, 2015
By Debdutta Ghosh

Thomas Cook Downgraded by Berenberg after Three More Analyst Agencies did the same Last week

Cutting its rating to โ€˜sellโ€™ from โ€˜holdโ€™, analysts at Berenberg downgraded Thomas Cook on Wednesday for showing no improvement in its performance. This resulted in the share prices of the
Published on August 5, 2015
By Debdutta Ghosh

Iraqi Air Campaign by UK against Islamic State Extended Until 2017

The United Kingdom has announced the extension of its Iraqi air campaign against Islamic State militants for two more years. The UK secretary of defense, Michael Fallon made the announcement
Published on August 5, 2015
By Debdutta Ghosh

Sound Waves can now be Agents for Hacking Electronic Devices, Show US Researchers

Making use of sound waves that can be captured with an AM radio antenna a short distance away, it is possible to hijack standard equipment inside computers, printers and millions
Published on August 5, 2015
By Debdutta Ghosh

โ€˜Comprehensive battleโ€™ Against Islamic State to be Launched Soon from Turkey

A well coordinated and “comprehensive battle” against the Islamic State militants would begin soon from Turkish soil and air bases. This was disclosed by Turkish government on Wednesday. The anti
Published on August 5, 2015
By Debdutta Ghosh

Greece Wants Complete Bailout Package or Nothing

Bank Shares Pull Down Greek Share Market Further Ruling out accepting the bridge loan proposed by the European Commission in July, the Greek government made it clear that it would
Published on August 5, 2015
By Debdutta Ghosh

Samsung Fights to Keep Market Share in Mid & Low Smartphone Segment

New low cost smart phones could end Samsungโ€™s domination of the market segment as the company forced to slash prices and accept lower margins at its mobile division. The company
Published on August 4, 2015
By Debdutta Ghosh

Toyota Records Third Straight Q1 Profit Record Even as it Loses Top Position to Volkswagen

Even as the sale went down slightly, Japanese car giant Toyota managed to beat analyst estimates to record a third straight year of record first-quarter net profit. This was possible
Published on August 4, 2015
By Debdutta Ghosh

New Mid Price Era Likely for Falling Crude Oil Prices

Prospects of a new era of low prices in crude oil was triggered off after crude prices fell below the level that it had held for most of the past
Published on August 4, 2015
By Debdutta Ghosh

Government Eye on Gene-Drive Technology while Leading Geneticists Laud the Benefits

Fears to be Looked into Over the Technology that has Potential to Prevent the Spread of Insect-Borne Diseases and Crop Pests Science advisers to governments is most likely to investigate
Published on August 4, 2015
By Debdutta Ghosh

German Car Makers Buy off Nokia App HERE to Post Challenge to Google, Apple , Uber

In order to boost the services offer by them for car navigations and to become part of the growing bandwagon that attempts to create automated and even autonomous cars, Nokiaโ€™s
Published on August 4, 2015
By Debdutta Ghosh

Worldโ€™s first Libor trial finds Former Trader Hayes Guilty

A former UBS trader was sentenced to 14 years imprisonment on charges of manipulating an important interbank interest rate. This is the first occasion that someone has been found guilty
Published on August 3, 2015
By Debdutta Ghosh

Wearable Technology to Overtake Smartwatches and Fitness Bands, say experts

Industry expects 26 million smart garments to be shipped in 2016 Wearable technology is no more a thing of the future. It is a reality that can take over our
Published on August 3, 2015
By Debdutta Ghosh

Survey Finds Chinaโ€™s Manufacturing Index at a Two-Year Low

Problems for the Chinese economy do not seem to be getting over. The second largest economy of the world recorded a two year low manufacturing index as was found out
Published on August 3, 2015
By Debdutta Ghosh

Global technology Firms Flock to Invest in Indian E-commerce market, Snapdeal the latest beneficiary

Stamping a nod on the growth of the online retail market in India, global giants in online retail and allied industries and banks are queuing up to finance Indian online
Published on August 3, 2015
By Debdutta Ghosh

Greek Markets Plunge Amidst Hushed Talks for Debt Bailout

Amidst hushed talks between the Greek authorities and the menders, the Greece stock market plunged nearly 23 percent on Monday. The stock markets had opened after a five-week. the plunge
Published on August 3, 2015
By Debdutta Ghosh

100% success for Ebola Vaccine Trial in Guinea

In what can be termed as one of the biggest successes of medical science in the recent few years, researchers have been able to successfully test a vaccine for Ebola
Published on July 31, 2015
By Debdutta Ghosh

Facebookโ€™s Appeal to Protect Users Information from Search Warrants Without Informing Users Turned Down

While showing their concern and attempting to stall an attempt by the law enforcement agencies to gain access to information about some 381 users, there is enough doubt whether Facebook
Published on July 31, 2015
By Debdutta Ghosh

UAE Pioneer in Renewable Energy, Masdar City in Energy Efficiency: UN

The United Nations has recognized the UAE as the pioneer in renewable energy and Masdar City, situated in the UAE, as the most energy efficient. UAE hosts the first ever
Published on July 31, 2015
By Debdutta Ghosh

EU Questions Proposed TNT Acquisition by FedEx, Initiates In-Depth Investigation

Amidst allegations of breach of European Commissionโ€™s fir competition laws, the Commission has initiated an in-depth investigation to assess whether the proposed acquisition of TNT Express by FedEx Corporation is
Published on July 31, 2015
By Debdutta Ghosh

Health Care Meets technology: CVS & IBM Join Hands to Provide Better Helath Care

Using advanced technology, CVS Health and IBM came together to create a combined force to improve health care management services to patients with chronic diseases . Both the companies jointly
Published on July 30, 2015
By Debdutta Ghosh

Wall Street Bullish Over Facebookโ€™s Plans on New Investments

Facebook earned applauds from the Wall Street analysts who see long term growth possibility after Facebook announced plans to focus spending on its two messaging services, Instagram and its virtual
Published on July 30, 2015
By Debdutta Ghosh

IMF Likely Not to Bail out Greece a Third Time: Reports

A leaked information after an International Monetary Fund board meeting indicates that the the global financial organization would not support claims of Greece to allow the crisis struck country to
Published on July 30, 2015
By Debdutta Ghosh

Delphi strengthens connected-car equipment segment, to buy HellermannTyton for $1.7 billion

Trend of Auto Makers to Invest in Higher-Value Component Market
Published on July 30, 2015
By Debdutta Ghosh

Chinaโ€™s Twin Towers has Largest LED Wall in The World

Tallest Live Grden And Kaleidoscope Soon to Come Up in China The largest LED wall on the globe can be found in China’s Jiangxi Province. This little known city in
Published on July 30, 2015
By Debdutta Ghosh

Nokia Network Expected to Boost Company Results in Q2

The second quarter results of Nokia, which are to be announced on July 30, is expected to some increase in the overall operational sales on a year-over-year (y-o-y) basis. This,
Published on July 29, 2015
By Debdutta Ghosh

Increased Population of Protected Birds Enhances Voice Against EU Bird Protection Legislation Review

The endangered bird species in the European Union that gets strict protection have shown signs of growth in population. A positive impact on conserved birds has been observed for species
Published on July 29, 2015
By Debdutta Ghosh

New Age Education Assistants-Wearable Technology Gaining Popularity in Schools

The development of technology has changed lives of people and education is no exception. What is changing the way students are taught in schools or will be taught in schools
Published on July 29, 2015
By Debdutta Ghosh

Oracleโ€™s New product in its Portfolio – SalesPredict Predictive Lead and Account Scoring

Available in the Oracle Cloud Marketplace Oracle clients can now use a new technology to enable the marketing and sales teams to target the prospects most likely to buy and
Published on July 28, 2015
By Debdutta Ghosh