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Debdutta Ghosh


Experts Say AI To Be Adopted The Fastest In Retail In Next 3 Years

According to experts of the retailing industry, in terms of adoption of artificial intelligence by industries, the global retail industry will be the fastest. “Technology will continue to strip friction
Published on January 16, 2019
By Debdutta Ghosh

Trump Administration Urged To End Trade Uncertainty By Top Global Auto Leaders

Claiming the political instability was costing the global auto industry, the Trump administration and the United States Congress was urged by top global auto executives gathered in Detroit to resolve
Published on January 16, 2019
By Debdutta Ghosh

Adobe Says Record $126 Billion Spent By US Holiday Shoppers Online

According to Adobe Analytics, the 2018 holiday season saw United States consumers spend record anmount of $126 billion on online shopping. The firm said that the driver for consumers were
Published on January 15, 2019
By Debdutta Ghosh

Citi Group Beats Market Estimates; Predicts More Revenue From Lending In 2019

Reporting better than expected fourth-quarter results, Citigroup Inc announced that 2019 would be a better year for the bank compared to 2018 as it expects to earn $2 billion more
Published on January 15, 2019
By Debdutta Ghosh

US Giants Like Amazon And Salesforce Gaining From Europe’s Cloud Market

The tech sector of Europe has been clouded by data privacy scandals, stricter regulations and the escalating war of tariffs between the United States and China in the last year.
Published on January 14, 2019
By Debdutta Ghosh

Lower Growth Target To Be Set By China For 2019: Reuters

As the Chinese economy sets itself up to tackle slump in domestic demand and US trade tariffs, the country has apparently lowered its economic growth target for 2019 of 6
Published on January 14, 2019
By Debdutta Ghosh

Global Auto Firms To Expend $300B In Global Drive Towards Electric Cars

Over the next 5 to 10 years, a total of about $300 billion would be spent on electric vehicle technology by global automakers and almost half of that amount is
Published on January 10, 2019
By Debdutta Ghosh

Japanโ€™s Concerns Over Brexit The Focus Of Shinzo Abeโ€™s UK Visit

It is expected that Japanese prime minister Shinzo Abe would apprise UKโ€™s counterpart Theresa May about the concerns of his country about a no-deal Brexit in a meeting of the
Published on January 10, 2019
By Debdutta Ghosh

Current GDP Growth Of Chinas Likely To Be Below 6 Percent, Says An Eocnomist

It is likely that the economic growth for the Chinese economy in 2018 would come to below the 6 per cent level primarily because of a faltering domestic demand, according
Published on January 9, 2019
By Debdutta Ghosh

Retailer Kroger Partners With Microsoft To Compete With Amazon

In order to keep pace with the likes of Amazon and Walmart, retailer Kroger is partnering with Microsoft to design the new age grocery stores. Digital shelves, price tags, and
Published on January 9, 2019
By Debdutta Ghosh

PG&E Stock Ratings Downgraded To ‘Junk’ Status By S&P

PG&E Corp was stripped of its investment grade credit rating on Monday by the global ratings agency S&P Global Ratings. The arguments put forward by the ratings agency for lowering
Published on January 8, 2019
By Debdutta Ghosh

Funding Crunch Forces China’s HNA To Put Up Assets For Sale: Reuters

Highly indebted Chinese firm HNA Group is looking to raise funds to come out a massive cash crunch by putting up for sale the latest assets and this sprawling conglomerate
Published on January 8, 2019
By Debdutta Ghosh

China Incentivised To Get Trade Deal Because Of Slowing Economy: Trump

The weakening of the Chinese economy was cited to be the incentive for the country to come to a trade agreement with United States, said the US President Donald Trump
Published on January 7, 2019
By Debdutta Ghosh

US Fed To Be Flexible And Aware Of Risks: Fed Chief Powell

The US Federal Reserve Chairman Jerome Powell tried to assure concerns of investors and the markets by saying that the fed is aware of the risks in the economy and
Published on January 5, 2019
By Debdutta Ghosh

Passport Numbers Of 5 Million Customers Hacked: Concedes Marriott

While claiming that the most recent data breach from its servers by hackers was not as severe as had been feared earlier, Marriott International conceded on Friday that the passport
Published on January 5, 2019
By Debdutta Ghosh

Murder Suspects Of Jamal Khashoggi Put On Trial By Saudi Arabia

The 11 suspected killers of dissident journalist Jamal Khashoggi have been presented in their first court hearing in the Saudi Arabia capital Riyadh according to a report of the kingdomโ€™s
Published on January 5, 2019
By Debdutta Ghosh

Rare Revenue Warning By Apple Hits Global Markets

Following announcement by Apple of holiday-quarter revenue shortfall because of weak China demand, the shares of the company dropped by as much as 10 per cent on Thursday. The announcement
Published on January 5, 2019
By Debdutta Ghosh

Slowing German Inflation Amidst Stimulus Pull Back Of By ECB

The latest figures from German authorities show that there was a sharp decline in December in the annual inflation in the country. The new level; reached was lower than the
Published on December 30, 2018
By Debdutta Ghosh

Wells Fargo To Pay $575 Million To Settle Violation Of Customer Protection Laws

According to an announcement made by Iowa Attorney General Tom Miller, settlement of the allegations against the US banker Wells Fargo that it had violated the consumer protection laws of
Published on December 30, 2018
By Debdutta Ghosh

Cost Of Trade War In Billions For Both U.S. And China In 2018

Industries including autos, technology โ€“ and most importantly agriculture, have been hard hit by the U.S.-China trade war which has resulted in losses to both sides worth billions of dollars
Published on December 30, 2018
By Debdutta Ghosh

Vietnam Beats Singapore To Become Largest IPO Market In Southeast Asia In 2018

The position of the leader in Southeast Asia’s top grossing market for initial public offerings in 2018 has been lost by Singapore despite being a major international financial hub. Vietnam
Published on December 28, 2018
By Debdutta Ghosh

โ€œGrave Concernsโ€ About Huawei Expressed By UK Defence Minister

Grave concerns about the issue of the Chinese telecom equipment manufacturing company Huawei supplying technological equipment for the planned 5G telecoms networks in the United Kingdom was expressed by the
Published on December 28, 2018
By Debdutta Ghosh

Increased Demand Of EV In Europe And China Raise Hopes Of SK Innovation

Resting its confidence on fast growth tin global demand for electric vehicle batteries, South Korea’s SK Innovation, which supplies batteries to auto makers like Daimler and Volkswagen, plans to double
Published on December 27, 2018
By Debdutta Ghosh

Huawei, ZTE Equipment Could Be Banned In US By New Executive Order Under Consideration Of Trump: Reuters

U.S. companies are being contemplated of being barred from using telecommunications equipment made by Chinaโ€™s Huawei and ZTE by President Donald Trump, according to a Reuters report. The report based
Published on December 27, 2018
By Debdutta Ghosh

Huawei Equipment In UKโ€™s 4G Network To Be Replaced

Equipment supplied by Chinese tech company Huawei would be removed from the core systems of communication system which is being developed to be used by the police forces and other
Published on December 26, 2018
By Debdutta Ghosh

US Treasury Sec Gets Vote Of Confidence From Trump, But Not The Fed

United States President Donald Trump showered confidence in Treasury Secretary Steven Mnuchin who has been troubled by a crisis that is a first for him. Trumpโ€™s comments were however unable
Published on December 26, 2018
By Debdutta Ghosh

Exxon Refuses To Answer When Guyana Marine Survey Would Resume After Venezuela Dispute

No clarity has been offered by Exxon Mobil and a seismic research company that had been hired by it for searching for oil off the coast of Guyana on Monday
Published on December 26, 2018
By Debdutta Ghosh

Tesla Will Compensate Customers For Missed Tax Credits: Elon Musk

In case there is any delay in the delivery of electric vehicles to customers manufactured by the US electric vehicles make Tesla and if such a delay results in the
Published on December 25, 2018
By Debdutta Ghosh

Southeast Asia Set To Benefit From U.S.-China Trade War

The manufacturing, textile, and seafood industries of South East Asia could benefit from the ongoing U.S.-China trade war as companies scourge possible business opportunities in the region. This is one
Published on December 25, 2018
By Debdutta Ghosh

No Immediate Plans To Sell Stake In Memory Chip Business: Toshiba CEO

Toshiba Memory Corp. is preparing to go public in three years time and even as the company does so, its chief executive told the media that the company has no
Published on December 21, 2018
By Debdutta Ghosh

Altria Seeks New Business Segment With Drop In US Cigarette Demand

Business segments in addition to tobacco are now the focus of the America’s preeminent cigarette company Altria for growth. It has been reported that the company is contemplating the acquisition
Published on December 21, 2018
By Debdutta Ghosh

Fed Hikes Rate But Cuts Its 2019 Projection Of Further Hikes

The United State Central Bank โ€“ the Federal Reserve, again raised interest rates by a quarter point but also reduced its forecast for more hikes in the future. True to
Published on December 20, 2018
By Debdutta Ghosh

China Fighting Against The Clock In Trade Talks

The trade war with the United States if getting a bit more complicated for China because of a slow growing economy and the governmentโ€™s approach on economy not being agreed
Published on December 20, 2018
By Debdutta Ghosh

FedEx Cuts 2019 Profit Forecast Sending Its Shares Down

The global delivery package company FedEx Corp announced a steeper-than-expected reduction in its profit forecast warning for 2019 which apparently jolted investors resulting in the company losing out nearly 8
Published on December 19, 2018
By Debdutta Ghosh

Unique Underground Transportation Tunnel Revealed By Elon Musk

Tesla owner and billionaire tech entrepreneur Elon Musk unveiled an underground transportation tunnel suing which it would be possible for people to travel much faster than they would via subways.
Published on December 19, 2018
By Debdutta Ghosh

Criminal Charges Filed Against Goldman Sachs In Malaysia In 1MDB Scandal

Criminal charges are being framed in Malaysia against the U.S. bank Goldman Sachs in relation to the huge multibillion dollar scam there known popularly as the 1MDB scandal. Malaysia’s former
Published on December 18, 2018
By Debdutta Ghosh

$2 Billion Over 5 Years Will Be Spent By Hiwaei On Cyber-Security

As a measure to allay fears among a section of Western countries about a threat to security from the use of its telecommunications equipment, Chinese tech giant Huawei Technologies would
Published on December 18, 2018
By Debdutta Ghosh

Tesla & Mercedes Reduces Prices In China Following Lifting Of Additional Tariffs

Some US automakers are already reducing price of cars in China following the announcement by Chinese authorities of temporarily removing the 25 per cent additional tariffs that has been imposed
Published on December 17, 2018
By Debdutta Ghosh

Hitachi To Acquire ABB Power Grids Business For $11 Billion

The Swiss engineering giant ABB has announced that it would sell a total of 80.1 per cent stake of its power grids business division to Japanโ€™s Hitachi. The company also
Published on December 17, 2018
By Debdutta Ghosh

Huaweiโ€™s Business Is Facing Trouble Across The World

The recent months have not gone well for Chinese tech giant Huawei. Following a series of issues that the Chinese company faced across the world, two key markets in Europe
Published on December 16, 2018
By Debdutta Ghosh

Boeing Opens Its First Foreign Plant In China Despite Trade War

The largest exporter of the United States has set up its first foreign factory. Airplane maker and aerospace giant Boeing has officially declared open its first foreign factory in China
Published on December 16, 2018
By Debdutta Ghosh

Appleโ€™s New Software Update Could Help It To Avert iPhone Ban In China

Following a recent ban by a Chinese court on sale of its iPhone model in relation to a patent violation care filed by chip maker Qualcomm, iPhone maker Apple Inc
Published on December 14, 2018
By Debdutta Ghosh

China Announces Suspension Of Additional Tariffs On IS Cars And Parts

Following the agreement of a temporary 90 day truce to the trade war between the United States and China, Beijing has announced suspension of additional tariffs on cars and auto
Published on December 14, 2018
By Debdutta Ghosh

New Battleground For Nissan & Ghosn Is A Rio Apartment: Reuters

After an almost month long drama over the arrest of the former chairman of the of Japanese car maker Nissan Carlos Ghosn over allegations of financial misconduct, at the centre
Published on December 11, 2018
By Debdutta Ghosh

US Trade Representative States March 1 As The ‘Hard Deadline’ For Trade Deal With China

In a warning of sorts, US Trade Representative Robert Lighthizer has said that new tariffs will be imposed by the Trump administration on Chinese imports into the country if the
Published on December 11, 2018
By Debdutta Ghosh

Huawei Could Be At A Disadvantage By Changing Political Environment In China

Shockwaves have run through China after the news of the arrest of the chief financial officer of the Chinese electronics giant Huawei – Meng Wangzhou, who is also the daughter
Published on December 10, 2018
By Debdutta Ghosh

Bitcoinโ€™s Value Falls To A 15-Month Low As Its Drop Continues

The drop in the largest crypto currency in the world bitcoin continued unabated as it fell through as much as 11 per cent during last week end. On the overall,
Published on December 10, 2018
By Debdutta Ghosh

New Australian Law, Giving Police Power To Break Online Encryption, Criticised By Tech Companies

Global tech companies have expressed serious concerns about data privacy risks over the new Australian regulation that grants power to government agencies to demand information within encrypted messaging services such
Published on December 7, 2018
By Debdutta Ghosh

GEโ€™s Problem With Giant Turbines Now A Global Issue: Reuters

At least 18 of General Electric Coโ€™s newest gas turbines, from Taiwan to France, is being shut down for repairs, reported news agency Reuters quoting information from more than a
Published on December 7, 2018
By Debdutta Ghosh

Nissan Board Fails To Select Ghosn Successor: Media Reports

The successor of the beleaguered former chairman of Japanese automaker Nissan – Carlos Ghosn, is yet to be finalised by the car maker following the arrest of Ghosn on November
Published on December 5, 2018
By Debdutta Ghosh
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