Debdutta Ghosh
Management
SEC investigates Tesla for possible securities law breach: WSJ
Tesla is being investigated for potentially taking too long to disclose a fatal crash in May. The Securities and Exchange Commission is concerned about the crash that has called into
Published on July 12, 2016
By Debdutta Ghosh
Economics
Chinese Second Quarter Economic Growth Potentially to be Weakest in Seven Years at 6.6 Percent,
As the industrial sector loses steam and a boost from financial services fades, China’s economic growth likely cooled to a fresh seven-year low of 6.6 percent in the second quarter
Published on July 12, 2016
By Debdutta Ghosh
World & Politics
Jihadi Monitor says Revenge for Osama’s Assassination Promised by his Son Hamza
The United States has been threatened once again by Bin Laden. But this time it is Osama Bin Laden’s son. In an audio message posted online, revenge against the United
Published on July 11, 2016
By Debdutta Ghosh
Business & Finance
Airbus Inks $4.4 billion order with Virgin Atlantic and Close to Striking Deal with GoAir
It has been a good week for Airbus. While the company has inked a $4.4 billion deal with Virgin Atlantic for supply of 12 A350s, the company is also reported
Published on July 11, 2016
By Debdutta Ghosh
Business & Finance
This Israeli Company is being made Rich by China’s Bid for Tech Dominance
Companies like Orbotech Ltd. are helping ensure billions are well spent for Chinese companies as questions arise about whether China has bitten off more than it can chew when it
Published on July 10, 2016
By Debdutta Ghosh
Economics
Newspaper says SNB says Ready to Adapt in Post-Brexit Market
SNB Chairman Thomas Jordan said in a newspaper interview published recently that the Swiss National Bank must be ready to react flexibly to any short term threats or opportunities arising
Published on July 10, 2016
By Debdutta Ghosh
Business & Finance
Spending Revival Signaled by Big Oil’s $45 Billion of New Projects
Emboldened by rising crude prices and low costs that promise to trigger more expansion ahead, the world’s largest oil companies are regaining the confidence to make big investments which was
Published on July 9, 2016
By Debdutta Ghosh
Business & Finance
Final Hurdle Cleared for EU-U.S. Commercial Data Transfer Pact
EU governments gave the green light to a commercial data transfer pact provisionally agreed by the EU executive and the United States in February. This approval would pave the way
Published on July 9, 2016
By Debdutta Ghosh
Business & Finance
Responsibility for to $38 million Fraud Accepted by Wall Street Scion Caspersen
Blaming the forgery on a gambling addiction the accused could not control and engineering a fraud where investors were looted over $38 million, former Wall Street executive Andrew Caspersen pleaded
Published on July 8, 2016
By Debdutta Ghosh
Economics
Central Banks Seeking Clarity on Outlook Clouded by Brexit Fog
For most part of the year, the U.S. Federal Reserve and policymakers were able to plot further interest rate increases due to the dollar, oil prices and economic conditions. However
Published on July 8, 2016
By Debdutta Ghosh
Economics
Fast Action on EU Trade Terms Urged by London’s Financial District
The head of London’s financial district said that in order to preserve the City of London’s dominance in financial services after last month’s vote to leave the European Union, Britain
Published on July 6, 2016
By Debdutta Ghosh
World & Politics
Islamic State says Dhaka cafe slaughter a glimpse of what’s coming
While claiming in a video of last week’s killing of 20 people in a Dhaka cafe as being merely a glimpse of what is to come, the Islamic State has
Published on July 6, 2016
By Debdutta Ghosh
Business & Finance
Plan to Form $175 Billion Bank Approved by Abu Dhabi’s NBAD, FGB
In a deal that will create a regional powerhouse with $175 billion of assets, the National Bank of Abu Dhabi PJSC is merging with rival First Gulf Bank PJSC. While
Published on July 5, 2016
By Debdutta Ghosh
Economics
OECD says for Post-Brexit UK, Tax Haven Route Won’t Work
An internal memo prepared by the body responsible for the drafting international tax rules says that the United Kingdom is unlikely to try to lure international investment by becoming a
Published on July 5, 2016
By Debdutta Ghosh
Economics
Chance to Take Away London Finance Crown by Scotland Presented by Brexit
According to U.K. lawmaker Mark Garnier, there can be a silver lining for Scotland despite all the uncertainty that Scotland faces with the cloud of Britain’s exit from the European
Published on June 27, 2016
By Debdutta Ghosh
Business & Finance
SEC Claims Millions Bilked from Investors by Texas ‘Frack Master’
Texas, US, oilman Chris Faulkner has been accused by the SEC of cheating investors out of $80 million to fund a “debauched” jet-setting lifestyle. Faulkner built a high-profile public persona
Published on June 27, 2016
By Debdutta Ghosh
Economics
JV for Gas Generation, Underground Gas Storage in China Signed Between Gazprom And CNPC
Even while China’s worst economic slowdown in a quarter century batters demand, Gazprom PJSC, the world’s top natural gas exporter, will join hands for a new contract with the Asian
Published on June 26, 2016
By Debdutta Ghosh
World & Politics
What Brits Are Asking Each Other Post Brexit
After the Brexit decision by UK voters, some of the questions that were doing the rounds in the U.K. this weekend were: Can the referendum result somehow be overturned? It
Published on June 26, 2016
By Debdutta Ghosh
Economics
Google says ‘Surge’ in Searches on Irish Passports post Brexit
A majority of the UK electorate has chosen to turn its back on EU – the biggest political project in the world and according to Google a lot of the
Published on June 25, 2016
By Debdutta Ghosh
Science & Technology
Automatic Blocking of Extremist Videos being conducted by Google, Facebook: Reuters
To remove extremist content from their sites, some of the web’s biggest destinations for watching videos have quietly started using automation, reports Reuters. Internet companies are under pressure from governments
Published on June 25, 2016
By Debdutta Ghosh
Science & Technology
Problem of Building an Honest Robot a Challenge for Google Researchers
Researchers are trying to create robots and develop designs for robot minds that won’t lead to undesirable consequences for the people they serve as was reveled in a technical paper
Published on June 24, 2016
By Debdutta Ghosh
World & Politics
What Next for UK after Brexit
What happens after UK’s historic decision to end its 43-year love-hate relationship with the European Union? Firstly it would be the task of the present British government, the Prime Minister
Published on June 24, 2016
By Debdutta Ghosh
Business & Finance
Speeding of Software Fix for 1.1 million Rollaway Vehicles Announced by Fiat Chrysler
After the death of actor Anton Yelchin involving a Fiat Chrysler’s Jeep Grand Cherokee, the company has announced speeding of the fix for the recalled 1.1 million vehicles. The car
Published on June 23, 2016
By Debdutta Ghosh
Business & Finance
Signs of Support for Musk’s SolarCity Deal Emerge behind Tesla Carnage
Even though more than the $2.8 billion value of the proposed deal off Tesla’s market capitalization was chopped off as Tesla Motor Inc.’s shares fell a day ago on news
Published on June 23, 2016
By Debdutta Ghosh
World & Politics
Free Passage through South China Sea Demanded by EU
In its first diplomatic admonishment of Beijing after Chinese jets intercepted a U.S. military plane over the contested waters last month, the European Commission said on Wednesday that countries must
Published on June 22, 2016
By Debdutta Ghosh
Economics
Progress on too-big-to-fail Rules Cited by Fed’s Fischer, IMF Views US Economy in “Good Shape”
Defending the US Federal Reserve Bank’s approach to the too-big-to-fail issue, the Vice Chair of the bank – Stanley Fischer said that the central bank’s proposals would limit the fallout
Published on June 22, 2016
By Debdutta Ghosh
Economics
New Chapter being eyed by Resilient US Shale Producers with Oil Price near $50
Confounding OPEC and Saudi Arabia with their resiliency, large and mid-sized U.S. independent producers are surviving and eyeing growth again as oil nears $50 a barrel after about two years
Published on June 21, 2016
By Debdutta Ghosh
Business & Finance
Debut of World’s Largest Plane by Paul Allen’s Space Company Nears
By launching satellites into orbit from the world’s biggest airplane, a space launch company bankrolled by Microsoft Corp co-founder Paul Allen intends to compete with space entrepreneurs and industry stalwarts.
Published on June 21, 2016
By Debdutta Ghosh
Business & Finance
A $1.28 Million New Watch Made from Just One Piece of Transparent Sapphire
Transparency is no more the buzzword and the most desired attribute in politics only. The word has become a genuine trend in the world of luxury watches for a few
Published on June 18, 2016
By Debdutta Ghosh
Business & Finance
Miners Face Challenges Creating the World’s Biggest Robots
There are doubts within the global mining company – the Rio Tinto Group, about the delivery of the promises of returns that were once given by mining robots in the
Published on June 18, 2016
By Debdutta Ghosh
Science & Technology
Blockchain technology Being Tested for Land Registry by Sweden
Sweden’s paper-based and time consuming processing of real estate transactions will now be transformed and streamlined by a smart contracts application developed by the coloured coins technology innovated by ChromaWay.
Published on June 17, 2016
By Debdutta Ghosh
Business & Finance
Strong Smith & Wesson Earnings Results in U.S. Gun Shares Extend Gains
Following the shootout at a gay nightclub in Florida in which 49 people were killed and amidst fears and apprehensions that the US government would soon enact stringent gun control
Published on June 17, 2016
By Debdutta Ghosh
Economics
Infrastructure Spending in China more than Combined Sp3dning of U.S. and Europe
A new and latest study by the McKinsey Global Institute finds that since the financial crisis of 2008-09, investments in the infrastructure sector globally, including the U.S., despite a crying
Published on June 16, 2016
By Debdutta Ghosh
Business & Finance
VW Diesel Emissions Settlement Deadline Extended by US Judge
Volkswagen AG, U.S. government regulators and owners of nearly 500,000 2.0 liter vehicles have been given time till June 28 by a U.S. judge to arrive at a final diesel
Published on June 16, 2016
By Debdutta Ghosh
Business & Finance
A Rapid 14 Year Growth of LinkedIn Led to the $26.2bn Microsoft Deal
From a brainwave in a tech entrepreneur’s living room to a $26.2 billion takeover target, LinkedIn’s journey took only 14 years to attain the stage where it is now. The
Published on June 14, 2016
By Debdutta Ghosh
Science & Technology
Despite Enhacing Siri, Apple Still Trails in Artificial Intelligence Race
Despite Apple’s recent efforts at improving its repertoire of digital assistants with the unveiling of a series of improvements to its Siri digital assistant, experts believe that rivals such as
Published on June 14, 2016
By Debdutta Ghosh
Economics
Central Banks and Brexit will Whipsaw Currencies, says Pimco
The Pacific Investment Management Co claims that currencies and other assets are set to be whipsawed by a Federal Reserve meeting and a referendum on the future of one of
Published on June 13, 2016
By Debdutta Ghosh
Business & Finance
Gawker Media to go up for Sale as it Files for Bankruptcy
After a $140 million court judgment against it in a lawsuit brought by former professional wrestler Hulk Hogan over a sex tape, Gawker Media LLC, an online publishing pioneer, filed
Published on June 13, 2016
By Debdutta Ghosh
Business & Finance
$62 Billion Monsanto Bid by Bayer Drawn by Former’s Weather-Predicting Tech
The ability of Monsanto, which has become a leading provider of analytics used by growers, to provide and offer the growth in digitally assisted farming was the key reason that
Published on June 10, 2016
By Debdutta Ghosh
Business & Finance
Errant Tech Unit to be Overseen by Auditor at Mitsubishi Motors say Sources: Reuters
Blamed for at least three high-profile cheating scandals, Japanese automaker Mitsubishi Motors plans to bring in an outside auditor to monitor its technology division, reports Reuters quoting two people familiar
Published on June 10, 2016
By Debdutta Ghosh
Business & Finance
Tesla is Working Exclusively with Panasonic for Model 3 Battery, Clarifies its CEO
Panasonic shares rose after Tesla Motors’ chief executive said on Wednesday that the US automaker is working exclusively with Panasonic Corp to supply batteries for the Model 3, its first
Published on June 8, 2016
By Debdutta Ghosh
Economics
First Signs of Global Growth Stabilization Provided by OECD Lead Indicator
Leading indicators released Wednesday by the Organization for Economic Cooperation and Development show that amid other signs that the global economy will avoid a significant slowdown in 2016, economic growth
Published on June 8, 2016
By Debdutta Ghosh
World & Politics
Slow Iraq Advance Causes Rift even as U.S.-backed Syria Force Closes in on IS-held City
As the U.S.-backed Syrian fighters press a major new offensive against the jihadists near the Turkish border, the Islamic State-held city of Manbij have been surrounded from three sides. However
Published on June 7, 2016
By Debdutta Ghosh
Business & Finance
$3 Billion to be Bid by Verizon for Yahoo’s Web Assets: WSJ
A second-round bid of about $3 billion for Yahoo Inc.’s core internet business is being planned by Verizon Communications, reports the Wall Street Journal citing a person familiar with the
Published on June 7, 2016
By Debdutta Ghosh
World & Politics
Air Defense Zone over South China Sea won’t be Recognized by Taiwan
As Taiwan’s top security agency warned that a move to set up a air defense zone by China could usher in a wave of regional tension, the island country’s new
Published on June 6, 2016
By Debdutta Ghosh
Business & Finance
International Tankers Help Ship Iranian Fuel Resulting in Iran’s Oil Exports Surge: Reuters
Following the lifting of sanctions in January, at present Iran has been able to ramp up exports much faster than analysts had expected aided by more than 25 European and
Published on June 6, 2016
By Debdutta Ghosh
World & Politics
Japanese Boy Found Unharmed in a Remote Area After Being Abandoned for Being Naughty a Week Ago
Nearly a week after his disappearance set off a massive search that kept Japan riveted, a Japanese boy abandoned in a dense forest by his parents for being naughty was
Published on June 3, 2016
By Debdutta Ghosh
Business & Finance
Saudis Pledge no Shocks Despite Failed OPEC Meeting
While Iran’s arch-rival Saudi Arabia promised not to flood the market and sought to mend fences within the OPEC, Tehran insisted on steeply raising its own production which resulted in
Published on June 3, 2016
By Debdutta Ghosh
World & Politics
Major Front Against Isis in Syria War Opened by U.S.- Backed Forces
A major offensive to drive Islamic State out of a swathe of northern Syria it uses as a logistics base as launched by thousands of U.S.-backed fighters who opened a
Published on June 2, 2016
By Debdutta Ghosh
Business & Finance
Saudi Arabia’s Sovereign Wealth Fund to Invest $3.5 billion in Uber
Uber has been able to gain a crucial partner in its efforts at expansion into the Middle East countries in the way of Saudi Arabia Public Investment Fund as the
Published on June 2, 2016
By Debdutta Ghosh
