Hola Bizheads! Continuing on the business genre, here's today's set.
Crack'em all and enjoy.
Q1. "X" is a stalled construction project in X, Saudi Arabia. If constructed it will be the tallest building or man-made structure in the world, towering 1 km(3300Ft.) in height, with an inbuilt observatory.
Designed by Adrain Smith from Adrain Smith and Gordon Gill architecture firm, the same person who designed Burj khalifa. This upcoming structure is owned by "X Economic Company and Kingdom Real Estate Development" and managed by CBRE Group.
Give X.
Jeddah or Jeddah Tower
Q2. A company started by three brothers in 1850 in the cotton-growing southern state- Alabama is said to be the seminal factor that accelerated the global economic crisis in 2008. Company X was 4th largest investment company(behind Goldman Sachs, Morgan Stanley, and Merill Lynch) in the world before 2008. Give me the name of the company.
Lehman Brothers Holding Inc. In the image, Emanuel and Mayer Lehman.
Q3. This technology has been around for several decades, starting from mapping the lunar surface for the Apollo 15 mission to realizing the self-driving car dream. But recently it has made its way to Apple's new iPhone 12 Pro, enabling height and depth measurements with high precision. A boon for AR development, name this technology.
Following a sample photo taken by this tech in pitch black.
Q4. Indian scientists have developed a new variant of currently popular gene editing tool: CRISPR, "CRISPR-Cas9", and have shown that this variant can increase precision in editing genome while avoiding unintended changes in DNA. This technology has been used for developing a new COVID test named "The X CRISPR Test”. This test has been approved by the DCGI(Drug Controller General of India) for commercial launch. The X CRISPR test is the world's first diagnostic test to deploy a specially adapted Cas9 protein to successfully detect the virus causing Covid-19. Developed in collaboration of CSIR-IGIB and X group. Give me “X".
Q5. In the early 2000s, Y was among the top three sporting goods manufacturer in the world trailing only after Nike and Adidas. Adidas bought Y in 2005 for $3.8 billion as a competitor for its American rival, Nike.
However, after the takeover, Y sales steadily decreased for the next three years. In a bid to turn around the brand, Y brought back its 1980s market strength — selling aerobic shoes to women. However, that didn’t work for long.
According to a Reuters report, in 2017, Adidas’s chief rejected calls from its investors to dispose-off the brand at the Annual General Meeting of the company instilling hope that he had plans to turnaround the brand and make it profitable. “We are not going to sell Y because we are still very confident of the strategic position of the brand,” Chief Executive Kasper Rorsted said at the meeting. “We are convinced the measures we are taking are going to be successful.”
At last, Y’s journey with the German brand, Adidas, has come to an end after the deal to sell the ill-fated US brand has finally taken off, reported a German magazine. What is Y here?
Reebok it is
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