Pay Attention to Wal-Mart’s Investments in China and India
Wal-Mart (NYSE: WMT) is often considered an American retailer, but its international stores actually account for over half of its total stores. Wal-Mart has a presence in 28 countries under 59 banners, but two of its most important markets are China and India. Wal-Mart currently operates 424 stores in China and just 20 locations in […]
Why Altaba Inc. Stock Rose 14% in January
What happened Shares of Altaba (NASDAQ: AABA) gained 14.4% in January of 2018, according to data from S&P; Global Market Intelligence. The company formerly known as Yahoo! is now effectively a proxy for investing in Chinese e-commerce giant Alibaba Group (NYSE: BABA), and that stock rose 18.5% last month. Ergo, Altaba followed suit. So what […]
BlackRock plans to raise $10 billion for equity investments: source
(Reuters) – BlackRock Inc plans to raise about $10 billion as part of a new business that would take direct stakes in companies, according to a person familiar with the matter. The move marks a new strategy for the company that manages more than $6 trillion for investors through publicly offered mutual funds and exchange-traded […]
First Drive: The new Audi A7 Sportback is a good-looking tech-fest
What is it? Audi has overhauled its executive class five-door coupe for 2018, bringing with it a refreshed look both inside and out, plenty of technology, and the promise of improved driving dynamics. With the A7 Sportback, the German car maker is hoping to bring the flashy design of a coupe, and marry it to […]
The Nanocase uses graphene to make your iPhone’s battery last longer
Put this case on, and you’ll get better battery life from your iPhone. How’s that for a benefit? There’s also no extra battery involved, no massive bulky pack to carry around, and actually no need to change anything about your device at all. It’s called the Nanocase and it’s very unusual. It is the world’s […]
Enter the robots: automation fills gaps in east Europe’s factories
PAPA, Hungary (Reuters) – Plant manager Gabor Kiraly remembers the meeting a couple of years ago when he and his Austrian bosses learnt how severe the worker shortage in Hungary was about to become – it was, he said, a “shocking realization”. The unemployment rate in the western Hungarian town of Papa, where Hirtenberger Automotive […]