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Knowledge Update

Apple teams up with Deloitte to help firms boost efficiency

​New York, Sep 29 (IANS) Apple and Deloitte on Thursday joined hands to help companies accelerate their work via solutions available on iPhones and iPads across platforms.

Deloitte is creating a first-of-its-kind Apple practice with over 5,000 strategic advisors focused on helping businesses change the way they work across enterprise, retail, field

BlackBerry stops making smartphones, focus on software

​Ontario, Sep 28 (IANS) After failing to revive its smartphone business despite several efforts, BlackBerry on Wednesday announced it will cease internal hardware development and will focus on software and services.

Global trade growth slows in 2016: WTO

​Geneva, Sep 27 (IANS) Global trade growth figures for 2016 have fallen short of estimates, according to the World Trade Organization (WTO).

In a report released by the WTO on Tuesday, global trade grew by 1.7 per cent so far in 2016, much less than the 2.8 per cent forecast last April, Efe news reported.

Tata Steel to discuss asset sale with British unions: Report

​London, Sep 25 (IANS) Indian multinational Tata Steel is set to begin crucial talks with trade union representatives of its British steelworks to settle the deadlock over a 15 billion pound pension scheme for its workers, British media reported on Sunday.

Why does it make sense for Salesforce to buy Twitter

​San Francisco, Sep 24 (IANS) Amid the rumours that the micro-blogging site Twitter may be up for sale to Google and Cloud computing company Salesforce, a top executive from Salesforce has tweeted why it makes sense to buy Twitter.

Ali Baba affiliate in China to launch first e-commerce satellite

​Beijing, Sep 23 (IANS) A Chinese shopping website affiliated with e-commerce giant Ali Baba group plans to launch the world's first e-commerce satellite to provide consumers with customisd products.

Apple acquires Hyderabad-based machine learning startup

​San Francisco, Sep 23 (IANS) US tech giant Apple has acquired Tuplejump -- a Hyderabad-based machine learning startup that helps companies to store, process and visualise big data with its unique software.

INELASTICITY OF EMERGING ECONOMIES TO FINANCIAL CRISIS


The global financial crisis is attributed to a large scale lending, to subprime borrowers by the small,
medium and large private banks, a phenomenon observed in USA. The crisis spread to European

TRENDS IN COMMODITY FLOWS IN UAE

Exports and imports are common areas of study but re- exports as a thrust area has emerged in the
recent past and is not clearly understood as to why countries resort to such strategies. A country like UAE

Cross cultural Product Symbolism among Indian Expatriates In UAE

​Consumer buying process does not always consider economic rationale, product utility, functional performance and is sometimes not even subject to price sensitivity. Instead it is based on social acceptability, perceptible status and is used as a tool of symbolic communication with their immediate neighborhood and social groups to seek affiliation and create impression management.