Is The Saudi Oil War Of Attrition Starting To Take It’s Toll?
Saudi Arabia is facing a hefty budget deficit due to the ongoing oil glut. After news this week that Saudi Arabia is planning to raise $27 billion through bond sales it may be a sign that the low prices of oil are More...
Black Hat Conference Keynote Speech Urges Hackers To Protect Internet Freedom
The time of an open and free Internet is withering away by overregulation, censorship and laws that don’t stop the right people said Jennifer Grannick director of Civil Liberties at the Stanford Center for Internet More...
Shire Bids $30 Billion For Baxalta
Baxalta was split from Baxter International in July 2015. Shire PLC the Dublin-based biopharmaceutical company has made an offer of around $30.6 billion in stock to acquire Baxalta Inc. Baxalta is a rare-disease More...
EU And Vietnam Agree On Free Trade Deal
The agreement may be in action starting the end of 2017/beginning of 2018. Vietnam and the EU made a trade deal “in principle” on Tuesday which would lift the majority of tariffs on goods. The EU Trade commissioner More...
Low Oil Prices Are Hurting North American Economy Growth
Crude oil is currently at $47.12. Whilst most people especially drivers, airlines and freight companies are enjoying cheap fuel prices, the oil industry is responding to its much lower profit margins with significant More...
Uber Is Now Valued At $51 Billion Following Its Latest Round Of Funding
Uber has now rolled out its service to more than 50 countries worldwide. The fast growing taxi application service Uber has just finished its most recent round of funding which values the company at an impressive More...