Synergia Foundation

Category: Business

  • Facebook announces Project Libra

    Facebook announces Project Libra

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    Facebook along with 27 organizations has planned to create a new global currency called Libra, a move that could potentially shake up the world’s banking system. Can Libra fix the inherent defects in cryptocurrency?

  • Apple shifts focus to consumer services

    Apple shifts focus to consumer services

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    Falling hardware sales compels Apple to move towards a concerted fray into the online consumer service market. Apple Inc. is one of the most successful multinational technology companies in the world. It was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne on April 1976 and was..

  • Airbus bags mega China order

    Airbus bags mega China order

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    Xi Jinping’s French visit yields a massive Airbus narrow-body aircraft order amidst the backdrop of Boeing’s safety record, US-China trade tensions and European concerns over Beijing’s intentions in the region. China is the second largest economy in the world after the USA. According to certain forecasts…

  • Boeing lands multibillion deal from BA

    Boeing lands multibillion deal from BA

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    British Airways (BA) announced a multibillion-dollar order for up to 42 Boeing 777 fuel-efficient passenger jets on Thursday, just two weeks after Airbus said it would no longer make its A380 superjumbo. British Airways is the flag carrier and the largest airline in the United Kingdom…

  • Musk to face another U.S contempt claim

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    Elon Musk is facing a fresh round of regulatory trouble for tweets about Tesla Inc. The U.S. Securities and Exchange Commission (SEC) has asked a judge on Monday, February 25, to hold Musk in contempt for violating last year’s settlement with the agency. Musk is a technology…

  • BMW and Daimler invest together in New Venture

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    BMW and Daimler, the parent company of Mercedes-Benz, have unveiled a joint venture which covers new-generation services like driver-less cars, ride-hailing and pay-per-use cars. The landscape of the car market is one that is continuously changing with technology developing at breakneck…

  • Glencore to cap its coal output

    Glencore to cap its coal output

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    Australia’s largest coal producer and the world’s biggest thermal coal exporter, Glencore has decided to cap their total coal production. Due to increasing pressure from the global society and green groups, the giant has agreed to withdraw from engaging in new coal mining projects. Coal is mined in…

  • Airbus scraps the A380

    Airbus scraps the A380

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    European aircraft manufacturer Airbus has pulled the plug on its struggling A380 superjumbo, which entered service just 12 years ago. Airbus said last deliveries of the world’s largest passenger aircraft, which cost about $25bn (£19.4bn) to develop, would be made in 2021. Airbus is …

  • Jet’s failure casts shadow over government

    Jet’s failure casts shadow over government

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    India’s Prime Minister Narendra Modi rode to power five years ago on his business-friendly credentials and the promise of generating millions of jobs. Now an airline is on the verge of collapse, bringing Modi’s image under attack just months before national elections. Jet Airways is a…

  • India’s E-Commerce crackdown

    India’s E-Commerce crackdown

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    Amazon and Flipkart have been given until the end of January 2019 to comply with new restrictions, announced in late December, that sharply restrict the use of their hefty balance sheets to boost sales on their virtual marketplaces. India has an internet users base of about 475 million as of July 2018, about 40 per…