Pentagon got the highest fund ever in the history. Its fund is intended to purchase F-35 . It will be utilized for the ongoing combat operations. The cost related with these enduring requirements is in the range of $30 billion annually.
Industry
Google Sets Up Cloud Plans for Regions
Google Inc. has announced that it has to open more cloud in the different regions. Its main focus of expansion is Asia. Aside from expanding cloud regions in Asia it plans to add more Google Cloud in Europe and etc.
Despite Galaxy 7 recall, Samsung Still Expects $3B Profit Hit
Although Samsung faces a massive failure for Galaxy 7, it is still seeing the lights as it expects $3B Profit Hit.
US Airlines to Slash Airfares
Due to rising competition, United States Airlines have to reduce and cut down its airfares to maintain its market standing.
German Top Court Dismisses EU-Canada Trade Deal CETA
Three activist groups who purposely want to block CETA.The competitors are afraid that CETA will be utilized as a model to move forward an even more disputable EU-US trade level known as TTIP. Political and business leaders argue that CETA will supply an economic boost, reduce bureaucracy and create jobs.
Latest News
Among the countries who are known to have a good performance in the world market, the Kingdom of Saudi Arabia may top the list. However, it faces some issues on its investments and world trade recently.
Russia's economy starts eventually to improve even if Russia's global political standing. In October, in its latest World Economic Outlook,nternational Monetary Fund predicted that Russia's economy could return to growth in 2017
Gartner emphasizes that the sales of desktops, laptops, and other devices dropped 5.7 percent in the third quarter of 2016.
Mahindra and Mahindra Ltd. eyed China for being the hottest electric vehicle market. The company looked for venture partner to carry on its goal in investing Chinese market.
Oasis Center, the leading chain in vitro-fertilization has announced it partnership with India's Life Sciences Fund.It has invested $6.2 millon in the company. The proceeds of the funding is allocated to extend its chain of IVF centers.
The national treasurer had traced an undersubscription because of the risks related to rate hike. He said that there is a heightened uncertainly. This resulted an uncertainty of the prospective U.S. Fed action as well.
Connecticut — Hartfod is now the setting of the “Soiree de la Hartford Investment Club.” "It's going to be fun - you have to come!" Hartford Healthcare CIO David Holmgren and Neuberger Berman were throwing a party for the investing elite.
It is proven that clean air improves our health and lengthens our average lifespan but a new study has found that places with low-carbon air can help improve economic growth and increase jobs and skill levels.
Greylock Partners has raised $1 billion fund for its newest startup, San Franciso. For 50 years now in investing in the web, Greylock Partners has funded the frontrunners in the IT and consumer internet categories such as LinkedIn, Dropbox, Facebook and Airbnb.
