Debdutta Ghosh
Business & Finance
How Toys ‘R’ Us Was Caught Up by $5 Billion Of Debt
Primarily due to its $6.6 billion leveraged buyout in 2005, $400 million in interest payments on its debt every year was being made by Toys “R” Us Inc. The biggest
Published on September 20, 2017
By Debdutta Ghosh
Science & Technology
The Already Surging Cyber Attacks Are Set To Rise Even Further, Says A Study
Even as the number of cyber breaches reported by companies looks set to rise, according to the latest findings by digital security provider Gemalto, almost 2 billion data records around
Published on September 20, 2017
By Debdutta Ghosh
Economics
An Oil War Could Start With OPEC’s Second-Biggest Producer Possibly Splitting In Two
Fears of regional conflict have bene prompted as tensions escalate over who owns a portion of the country’s crude as an oil-rich province in the north of Iraq plans to
Published on September 19, 2017
By Debdutta Ghosh
Economics
To Stem The ‘Bags Of Money’ Lost To Loopholes, EU Seeks A Digital Tax
With the aim of raising money from an industry that they say provides less than it should to public coffers, the European Union finance ministers are developing a new way
Published on September 19, 2017
By Debdutta Ghosh
Economics
After China Moves to Halt Exchange, Bitcoin Crashes Again
After there were media reports that China aims to stop exchange trading of cryptocurrencies by the end of September, bitcoin tumbled significantly and is heading for its worst week since
Published on September 15, 2017
By Debdutta Ghosh
Business & Finance
With New Business And Funding, Samsung Enters Autonomous Driving Race
Based on its recent $8 billion acquisition of audio and auto parts supplier Harman and its pole position in mobile communications markets, South Korea’s Samsung Electronics Co Ltd plans to
Published on September 15, 2017
By Debdutta Ghosh
World & Politics
Japan, India Agree To Deepen Defence With China In Mind
As they seek to counter growing Chinese influence across Asia, the leaders of India and Japan agreed to push for more cooperation with Australia and the United States and to
Published on September 14, 2017
By Debdutta Ghosh
Business & Finance
With Multi-Million Dollar Investment In StoreDot, Mercedes Owner Daimler Drives Electric Truck Push
An Israeli start-up, whose battery technology can charge electric vehicles in a matter of minutes, has saw investments to the tune of millions from Mercedes-Benz owner Daimler. The trucking arm
Published on September 14, 2017
By Debdutta Ghosh
World & Politics
Myanmar’s Rohingya Crisis May Be Taken Advantage Of By Terror Groups
Sparking fears the country could become fertile ground for transnational terror groups, the issue of Muslim marginalization in Myanmar has captivated the attention of Islamic State-inspired extremists. the Rohingya —
Published on September 13, 2017
By Debdutta Ghosh
Business & Finance
Electric Car Focus Risks Handing Jobs To China, EU Auto Suppliers Warn
At the Frankfurt motor show, Europe’s car parts manufacturers warned that there are risks that Europe’s auto supplies industry would be damaged and jobs would be handed over to China
Published on September 13, 2017
By Debdutta Ghosh
Economics
Warning To Consumers On Cryptocurrency Fundraisings Issued By Many Government Authorities
“Very high risk” and speculative was how the Britain’s Financial Conduct Authority (FCA) described initial coin offerings (ICOs), the practice of creating and selling digital currencies to finance start-up projects,
Published on September 12, 2017
By Debdutta Ghosh
Business & Finance
European Carmakers Take Fight To Tesla, Saying ‘Future Will Be Electric’
As the traditional European automakers seek to gain market share in a space dominated by U.S. upstart Tesla, they are now increasingly prioritizing the development of electric cars over the
Published on September 12, 2017
By Debdutta Ghosh
Economics
A Patchier Picture Revealed By Cracks In China Inc’s Rosy Earnings
Helped by healthy expansion in the world’s second-largest economy, Chinese first-half net profits surged by nearly a quarter, and therefore China Inc’s earnings are off to a roaring start to
Published on September 11, 2017
By Debdutta Ghosh
Business & Finance
Growth Potential To Be Under Scrutiny As Japan To Sell $12 Billion Of Japan Post Holdings
In an announcement that fund managers gave a tepid reception, saying limited growth prospects is likely to dull demand from institutional investors, Japan’s government on Monday said it will sell
Published on September 11, 2017
By Debdutta Ghosh
Economics
Western Digital Is Being Attempted To Be Warded Off Control Of Toshiba Chips By Apple:Reports
Apple has threatened Western Digital that it will not buy its products in the future with the aim of stopping Western Digital from taking control of Toshiba chip business, reported
Published on September 9, 2017
By Debdutta Ghosh
World & Politics
Just Hours After Hopes For A Breakthrough, Saudi Arabia Squashes Talks With Qatar
After a report of a phone call between the leaders of Saudi Arabia and Qatar suggested a breakthrough in the Gulf dispute, accusing Qatar of “distorting facts,” Saudi Arabia on
Published on September 9, 2017
By Debdutta Ghosh
Economics
A Linchpin For All Global Tech Is South Korea – Here Is Why
Some analysts are pointing out just how crucial South Korea is to global technology even as President Donald Trump threatens to renegotiate trade with Seoul and tensions with North Korea
Published on September 8, 2017
By Debdutta Ghosh
Science & Technology
Based On One Photo, Research Shows A.I. Can Detect The Sexual Orientation Of A Person
A new research work has claimed that by just analyzing photos of faces of individuals, Artificial Intelligence (AI) technology can now accurately identify a person’s sexual orientation. Machines possessed a
Published on September 8, 2017
By Debdutta Ghosh
Economics
Trump And Not North Korea Tensions Are Pushing Up Gold Prices: Goldman Sachs
Investment banker Goldman Sachs has said in a research note that North Korea tensions aren’t actually what’s driving the rally in gold despite many claims to the contrary. Instead, the
Published on September 7, 2017
By Debdutta Ghosh
Science & Technology
Cyber Crime Risks Are Substantial, Systemic, Says SEC Chief
In order to enable mom-and-pop investors to better understand new technologies that are used to commit fraud and the potential risks posed by cyber crime, U.S. Securities and Exchange Commission
Published on September 7, 2017
By Debdutta Ghosh
Business & Finance
Supplier Problems Cause Clash Between Hyundai And China Partner, Under Political Pressure: Reuters
As they grapple with cut-throat competition and the impact of a stand-off between Beijing and Seoul, Hyundai Motor Co is at loggerheads with its Chinese partner over efforts to cut
Published on September 5, 2017
By Debdutta Ghosh
World & Politics
North Korea Could Actually Be Helped By Tougher Sanctions That The UN Is Considering
In a bid to pressure the country to give up its nuclear ambitions, the United States and its allies have ratcheted up sanctions against North Korea. However, some analysts are
Published on September 5, 2017
By Debdutta Ghosh
Economics
Despite Plenty Of Conflicts, They’ll Be No US-China Trade War, Prominent Chinese Economist Says
A member of the monetary policy committee at the People’s Bank of China is of the opinion that there is unlikely to be any change in the relationship between China
Published on September 4, 2017
By Debdutta Ghosh
Economics
There May Be Breakdown In Trump’s Aggressive Drive Against One ‘Horrible’ Trade Deal
South Korea is one country may manage to stymie major changes in the aggressive drive by the Trump administration to renegotiate U.S. trade deals. Threatening to terminate it, the U.S.-Korea
Published on September 4, 2017
By Debdutta Ghosh
Business & Finance
Toshiba’s Business Risks Increase As It Misses Target Date For Chip Unit Sale
Doubts about whether it Toshiba can plug a balance sheet hole in time to avoid a delisting and keep the unit competitive were raised after the Japanese conglomerate failed to
Published on August 31, 2017
By Debdutta Ghosh
Economics
While Inflation Retreats, Consumer Spending Rises Modestly In The U.S.
Expectations of an interest rate increase in December could be diminished by the data of U.S. consumer spending which showed that annual inflation increased at its slowest pace since late
Published on August 31, 2017
By Debdutta Ghosh
Business & Finance
Augmented Reality Technology To See A Google, Apple Face Off
Setting up its latest showdown with Apple Inc’s iPhone over next-generation smartphone features, Alphabet Inc’s Google on Wednesday unveiled tools to make augmented reality apps for mobile devices using the
Published on August 30, 2017
By Debdutta Ghosh
Economics
Fastest Growth In Over Two Years Reported For U.S. Second-Quarter GDP, Rate Revised Up
Notching its quickest pace in more than two years, the U.S. economy grew faster than initially thought in the second quarter. And at the start of the third quarter, there
Published on August 30, 2017
By Debdutta Ghosh
Economics
Despite The Rising Euro, Investors Scoop Up European Equities
Investing in European companies isn’t far-fetched even as the landscape in Europe is changing, analysts say. Primarily due to geopolitical concerns posing risks to businesses in Europe as their products
Published on August 29, 2017
By Debdutta Ghosh
Economics
Brexit Hasn’t Even Kicked In Yet And Bank Jobs Are Bleeding Out Of London
Once the U.K. leaves the European Union, the City of London is unlikely to change substantially despite fears of irrevocable damage. Given that it’s likely to lose its EU passporting
Published on August 29, 2017
By Debdutta Ghosh
World & Politics
U.S. Sanctions On Iran Results In Apple Cuts Iran-Made Apps From Store
His application, AloPeyk, a delivery service in Tehran, had been removed due to sanctions put in place by the U.S. government, Iranian entrepreneur Mehdi Nayebi received an email from Apple
Published on August 28, 2017
By Debdutta Ghosh
Economics
As Hurricane Harvey Hits U.S. Petroleum Industry, Oil Markets Roiled
Despite the fact that numerous refineries and some crude production were knocked off by the Hurricane Harvey and wreaked havoc along the U.S. Gulf coast over the weekend, oil markets
Published on August 28, 2017
By Debdutta Ghosh
Economics
Researchers Say Even When Debt Is High, Fiscal Stimulus In Downturns Is Safe
Researchers told an influential group of central bankers in Jackson, Wyoming, on Saturday that even if the debt of a country is already quite large, government spending in a recession
Published on August 27, 2017
By Debdutta Ghosh
Economics
Gems Among Unloved Small-Caps Sought By Investors in the U.S.
Small cap investors may be left scrambling for quality names and more resilient sectors as U.S. small-cap stocks may face more selling pressure because they are highly sensitive to the
Published on August 27, 2017
By Debdutta Ghosh
Economics
Funding In Chinese Yuan May Be Sought By Saudis
Possibilities of closer financial ties between Saudi Arabia and China were raised after media reported that the former is willing to consider funding itself partly in Chinese yuan. In order
Published on August 24, 2017
By Debdutta Ghosh
Business & Finance
As Immigration Worries Weigh On Hispanic Spending, U.S. Retailers Hit
According to community groups, research firms and retailers, worried about possible harassment by immigration or law enforcement officials since the election of U.S. President Donald Trump many U.S. Hispanics are
Published on August 24, 2017
By Debdutta Ghosh
Business & Finance
To Boost Value, Fiat Weighs Maserati, Parts Spinoffs
In a plan that includes spinning off the upscale Maserati and Alfa Romeo brands as well as its components operations, Fiat Chrysler Automobiles NV is considering various options, if reports
Published on August 23, 2017
By Debdutta Ghosh
Business & Finance
Voice-Shopping Market Via Google Platform To Be Entered By Wal-Mart
A market and technology segment that is currently dominated by Amazon.com Inc will see another big player entering the segment as Wal-Mart Stores Inc teams up with Alphabet Inc’s Google
Published on August 23, 2017
By Debdutta Ghosh
World & Politics
Rivalry Between Two Nuclear Giants Just Cranked Up By Trump
In remarks that are likely to worsen ties between the two nuclear-armed rivals, President Donald Trump stressed the need for stronger ties with India as he blasted Pakistan for being
Published on August 22, 2017
By Debdutta Ghosh
Business & Finance
Interest In Fiat Chrysler Confirmed By China’s Great Wall
As investors cheered the potential sale of the storied Jeep brand, FCA shares were up sharply on Monday after a direct overture by Chinese automaker Great Wall Motor Co Ltd
Published on August 22, 2017
By Debdutta Ghosh
Business & Finance
Surging Demand For Video-Streaming Targeted By New Nokia 8 Phone
Hoping to cash in on rising consumer demand for high-quality audio and video features, HMD Global, the Finnish start-up looking to reinvigorate the Nokia phone brand, unveiled the Nokia 8
Published on August 17, 2017
By Debdutta Ghosh
Economics
A Year Of Faster, Firmer Growth Seems Set For Global Economy
After rising at its most rapid pace in 2 1/2 years in the second quarter, the world economy looks well on its way to a year of faster, firmer growth.
Published on August 17, 2017
By Debdutta Ghosh
Economics
The IMF Says The Debt Problem In China Needs To Be Fixed
The International Monetary Fund is issuing a strong warning over growing debt in the world’s second-largest economy – China, even as the funds lauds the growth in the Chinese economy
Published on August 16, 2017
By Debdutta Ghosh
Economics
Trump’s ‘America First’ Agenda Looms Large As NAFTA Talks Begin
The biggest uncertainty in the forthcoming NAFTA talks is whether a deal can pass President Donald Trump’s “America First” test as the United States, Canada and Mexico kick off negotiations
Published on August 16, 2017
By Debdutta Ghosh
Science & Technology
Auto Parts Out Of Wood Is What Japan Is Looking At Making
Some auto suppliers in Japan are being led to turn to what seems like an unlikely substitute for steel – wood, by the global push among carmakers to make ever
Published on August 15, 2017
By Debdutta Ghosh
Economics
If U.S. Harms Trade Ties, It Will ‘Take Action To Defend Interests’, China Warns
At a time of heightened tension over North Korea’s nuclear ambitions, Trump’s move, the first direct trade measure by his administration against China, is believed unlikely to prompt near-term change
Published on August 15, 2017
By Debdutta Ghosh
Economics
As NAFTA Talks Start, Trump’s NAFTA Autos Goals And The Auto Industry Set To Collide
Aiming to shrink a growing trade deficit with Mexico and tighten the rules of origin for cars and parts, the Trump administration is starting renegotiations of the 23-year-old NAFTA trade
Published on August 14, 2017
By Debdutta Ghosh
Economics
In Second Quarter, A Sweet Spot For U.S. Companies’ Earnings Is China
Corporate America is finding China to be a reliable source of profit growth this year even as trade tensions between Washington and Beijing may be running high. In recent weeks,
Published on August 14, 2017
By Debdutta Ghosh
Science & Technology
Security Firm Claims Hotel Guests Across Europe Were Targeted By Russia-Linked Hackers
Researchers at security firm FireEye said that probably behind a campaign targeting hotel guests in eight mostly European countries last month, was a cyber-spying group with suspected links to Russian
Published on August 13, 2017
By Debdutta Ghosh
Science & Technology
World’s First Genetically-Modified Animal To Enter Food Supply Is Salmon
For the first time, about 5 tons of genetically-modified (GM) salmon fillets was sold to unnamed customers in Canada, said AquaBounty Technologies in Maynard, Massachusetts. By reaching adult size in
Published on August 13, 2017
By Debdutta Ghosh
