Category: Biz & Finance

CFIUS Set to Seize Control of Chinese Real Estate

Amid the US-China trade war, the administration of Donald Trump, is preparing to seize for reasons of national security a controlling stake in a 575,000-square-foot New...

Sono Sion tests began in Germany

German startup Sono Motors, founded in 2016, began the tests of the Sion electric car with solar cells integrated into its bodywork. Sion has already received almost...

Turkish lira dives to historic low to dollar

The Turkish lira on Friday morning, August 10, fell by almost a 13% to the historical low – less than six lire per dollar, but then rebounded to 5.9 liras per...

Musk’s Offers on Twitter Sent Tesla Shares Sky High

The cost of shares of the manufacturer of electric vehicles Tesla on Tuesday, August 7, jumped by seven percent on the background of the statement of the CEO Elon Musk....

US Military Won’t Use Geolocation Apps, Fitness Trackers

The US Department of Defense banned US servicemen from using applications with built-in geolocation function due to the risk to employees and operations around the...

Dem Runners Won’t Use Huawei, ZTE Gadgets

The Democratic National Committee (DNC) warned Democratic candidates who intend to run in the midterm elections in November against using devices of Chinese companies...

Starbucks, Alibaba team up to deliver coffee and snacks to Chinese consumers

Starbucks is said to be forming a joint project with Alibaba’s food delivery unit, Ele.me, to deliver coffee and snacks to Chinese consumers. “Alibaba and...

free

Infamous agrarian tycoons from Ukraine, Nibulon Company, attempting to make US media desist from disclosing their doubtful business practices

The article titled The Vicious Circle: How Financing from IMF And Other Financial Institutes Feeds Corruption in Ukrainian Agricultural Sector authored by Robert Lewis...

Apple Heads to $ 1 trln Market Cap

As expected, on the last day of July, Apple announced the results of the third quarter of 2018 fiscal year ending on June 30. Quarterly revenue of the company increased...

Uber Hits Brake on Self-driving Trucks

Uber’s taxi service put on hold the development of self-driving trucks, Techcrunch reported with a reference to an e-mailed statement of the company. The...