Oxford Reports

Latest and Independent News

Brooke Binkowski

Tencent Posts 21% Revenue Growth And Wipes Billion Of Dollars

The Chinese enterprise Tencent posted an enticing revenue in its second quarter of 2019. It recorded a 35% increase in its profit to $3.5 Billion. The jump of numbers is due to the long shot in the gaming revenue that…

Samsung Chief Medical Officer Joins Microsoft Health Team

Many companies are diversifying their business by entering into health care business. It’s one of the highest growing industries in the market. It’s significantly growing into each of the market segments. The tech giants such as Apple, Samsung, and Microsoft…

Telecom Carrier Verizon Sells Tumblr To Publishing Tool WordPress

Verizon Communication has agreed to sell blogging website Tumblr to Automattic, the parent company of WordPress. Yahoo bought Tumblr for $1.1 Billion and Verizon had acquired Yahoo for $4.48 billion two years ago. While Tumblr was found in 2017, after…

Goldman Sachs Says That Rising US-China May Lead To Recession

Goldman Sachs, the American multinational bank said that the escalating trade tension between the two countries may lead to recession. It also adds that it doesn’t expect the trade deal to be completed between the world’s largest two economies before…

China Is Almost Ready To Step Into Virtual Currency World

The People’s Bank Of China has claimed that its digital coin currency “can now said to be ready” after half a decade of work. It’s not volatile as Bitcoin or any other cryptocurrency. According to Deputy Mu Changchun, it has…

People’s Bank Of China Fixes Yuan At 7.0211

On Monday People’s Bank Of China set its official midpoint reference for Yuan at 7.0211 per dollar. It is weaker than Friday’s session although higher than what market watchers predicted. This is the third successive time when People’s Bank Of…

Financier Jeffrey Epstein Found Dead In The Jail

According to the sources as well as the Law Enforcement officials Financier, Mr. Jeffrey Epstein was found dead in the jail. Mr. Epstein was awaiting an on-trial for charges against him on sex-trafficking. Mr. Epstein was 66 years old. He…

Bill Gates Foundation Snaps Out Apple Researcher Andrew Trister

Apple Inc has defined diversification effectively. It has already embarked on a journey to mark its footprint in the health care industry. It has had launched Apple wearable products that help to monitor healthcare of body. Dr. Andrew Tister, an…

Kraft Heinz Write Down Its Brand Value, Second Time In Six Months

Kraft Heinz Co. got hit with the major crisis when the company got embroiled in an accounting scandal while its CEO resigned. The American food and beverage company profits slipped by half the size than the last year. Miguel Patricio,…

Walgreen Shut Downs 200 Stores In The United States

The second-largest pharmacy chain in the United States announced that it’s going to close 200 stores in the United States. Walgreens has almost 10,00 stores in the United States and this decision will reduce its pharma footprint by 3%. The…