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Total drone market globally worth US$127 billion
January 11th, 2017
The total global market for drone powered business operations is valued at over $127 bn, according to PwC estimates. The industry with the largest potential market for the commercial applications of drone technology is infrastructure, with an estimated global ...
The Big Questions For Mobile In 2017
December 29th, 2016
Well, the gifts have been opened, the roast beast is a memory being celebrated in cold sandwich form this week and the malls are once again full of shoppers — who are now returning the wrong gifts and getting ...
Citibank Launches Challenge to Apple and Google With Citi Pay
November 11th, 2016
Citi is the latest company to enter the mobile wallet wars, which is dominated by Apple Pay, Android Pay, PayPal, Samsung Pay, and others. On Thursday, the finance titan unveiled Citi Pay, a new mobile wallet for Android phone ...
Cadbury’s Parent company made millions in profits but paid no corporation tax thanks to legal accounting techniques
October 17th, 2016
Cadbury’s American owners paid no UK corporation tax last year Parent company Mondelez UK made profits of £177million in 2015 It should have handed over £36million – but the company avoided payment Cadbury’s American owners were under fire last ...
The 7 most influential people in European finance
September 26th, 2016
Bloomberg released its list of the 50 most influential people in the world of finance. It is a comprehensive list of Wall Streeters, politicians, central bankers and business leaders who shape the way the global economy functions and help ...
Synechron Launches Blockchain Accelerator Program
September 21st, 2016
Amazon has positioned itself to become one of India’s e-commerce leaders. Purse.io, an online marketplace that allows discounts on Amazon by using bitcoin, is helping Amazon achieve its goal by allowing bitcoin users to receive discounts between 15 and 22% using ...
Fun with Fake Statistics: The 5% “Increase” in Median Household Income Is Pure Illusion
September 20th, 2016
The truth is the rich are getting richer and everyone else is losing ground as inflation chews through stagnant incomes. Supporters of the status quo nearly wet their pants with joy when the Census Bureau reported that real (adjusted ...
Bids for Polish auction site can value it up to $2.2 billion
September 19th, 2016
South Africa’s Naspers (NPNJn.J) is set to receive at least four bids for Allegro in a deal that could value Eastern Europe’s No.1 auction website at up to $2.2 billion, sources familiar with the talks said on Monday. The ...
Emerging Markets Rally as Fed Bets Pulled; Japanese Stocks Fall
September 7th, 2016
Weak U.S. economic data slashes odds of a September rate hike Japanese shares retreat as yen strengthens; oil near $45 Emerging-market stocks and currencies rallied with European equity index futures after a slew of weak U.S. economic data quelled ...
Brazilian Police Launch Investigation Into Alleged Fraud at Pension Funds
September 6th, 2016
Brazilian police on Monday said they launched an investigation into alleged fraud of as much as 8 billion reais ($2.5 billion) at the country’s four largest pension funds, all of which are linked to state-controlled companies. Judge Vallisney de ...
