Regions
Even Google is confused on how much value it adds to the UK economy
US tech giant Google may not be paying taxes to Britain, but according to its latest report, it is contributing a great deal to UK's economy through the digital revenue made by local businesses in that nation through the search engine.
Can Amazon's new 4K-ready Fire TV wipe the new Apple TV off the map?
Right after Apple announced its new Apple TV, Amazon unleashed on September 17 its new Fire TV set-top box version, along with its Fire TV Stick HDMI dongle, and its new Fire TV Gaming Edition.
August crash impacts JPMorgan's trading revenues
Falling in lines of Bank of America (BoA) and Citigroup Inc, the US banking major JPMogran Chase & Co has also indicated the possible drop in the revenues for the third quarter ending September. The high volatile trading during August shrunk the trading volume of the investment banking arm of JPMorgan Chase. Since the bank's strategy of not to lose money restricted the bank from speculative trading during the August crash. JPMorgan Chase also sees China's economic slowdown as a speed breaker, but not a devastating thing if the world's second largest economy is growing at five percent. JPMorgan has decided to implement an expansion plan for strengthening retail operations.
Mitsubishi Motors in US calls it a day
Japanese automobile major Mitsubishi Motors Corp has begun the process of closing down operations in the US. Mitsubishi had put on its sole US manufacturing unit on the block, but couldn't find a suitable buyer and decided to close the shop.




