JPMorgan Chase & Co has alerted Japan Inc to gear up for the surge in Yen against the US dollar. JPMorgan Chase forecast Yen will reach 100 yen against a US dollar. However, it says the rally in currency may not sabotage the Japan industry.
Industry
Amazon Reaffirms Appearence In Chip World Through ‘Alpine’
Amazon has reportedly reiterates its presence in the microchip arena through unveiling acquired concern, Annapurna Lab’s Alpine. Through currently retailing a very meager market share compared to Intel’s strong dominance over chip arena, Alpine appears as a potential threat to the latter. But the unveiling event has been dominated by reduced rating points over in price index.
NASA Concludes Its Hybrid Plane Research Successfully
Researchers in NASA is moving one step further to introduce a hybrid airplane technology in concluding its ERA project. The airplane will be able to fly on both fossil fuel and electricity, similar to hybrid car technology.
CES 2016 Reveal PowerUp Drone As The Lightest Drone Ever
Consumer Electronic Show always showcase the latest technology every year. This year the annual trade show present the lightest drone built by PowerUp Toys.
Uber agrees to pay $20,000 in settlement regarding its "God View" system
Uber has agreed to pay $20,000 in fine and adopt a better data security provisions in a settlement signed with the New York Attorney General, Eric Schneiderman. Besides that, the company also agrees to limit the number of employees allowed to use the system.
Latest News
The world stockpiles of cotton are piling up giving less scope for investors on price rise. Cotton prices witnessed first weekly drop since November.
After crumbling down a year ago for suffering massive losses, Bloom Lake iron ore mine in Quebec finally has a buyer. The losses Bloom Lake incurred shows how the commodity meltdown has adversely affected the metals industry.
Americans turned cautious in spending before the beginning of holiday season. The latest consumer spending data for October 2015 shows the slowdown in consumer credit growth. The consumer credit growth was less than forecast for the month.
People love shopping, be it a holiday time or a festive season. Black Friday is one of the most popular shopping deal guides of recent times. Whether you are looking for home improvement products or gifts for someone special, Black Friday can help you out to get the best deal.
Australian Prime Minister Malcolm Turnbull urged Chinese Premier Li Keqiang to hasten environmental tests of sulfur content on coal imports as Australian exporters claim that the new standards disrupts the trade and drives down the already low prices.
United Launch Alliance (ULA), a joint venture (JV) between Lockheed Martin and Boeing, is entering into miniature satellites segment. ULA is planning to launch a CubeSat carrier by mid 2017. ULA will explore business potential in launching small satellites for earth imaging, weather forecasting, internet relays, etc.
For a quicker and consumer-friendly remittance service, Visa Inc is working on a proof of concept for Blockchain-based remittance system through its subsidiary Visa Europe.
Charles Smith has touched down the ground in Georgetown with the opening of Charles Smith Wines Jet City. The new Urban Winery is now considered as the largest urban winery on the west coast.
China to face decline in copper imports for the next year as the response of its weak domestic demand on copper driven by slowing economy in the country. China released weaker than expected economic data that raised serious concerns over the country's future demand for industrial metal.
