Google has announced the launch of Android Pay payment service enabling payments via smartphones at cash desks in shops and payment terminals. For now, the service will be available in the US only; date of launch in Europe has not yet been reported. The launch of the service in the US Android Pay was formally announced late last night. It is reported the system will be available at more than 1...

A number of new, long-awaited Apple products have been finally presented. Before we look in detail at all that has been shown, let’s have a quick overview on what the company came out with. By the opening of the stock exchange, Apple was worth $ 113.76 versus $ 112.31 at close of trading the previous day. However, by beginning of the presentation, Apple's stock had fell to $ 112.8, and a little...

German civil aviation pilots union Vereinigung Cockpit announced the expansion of the strike action before the start scheduled on September 8. Thus, after the strike on long-haul flights operated by Deutsche Lufthansa AG on Tuesday, September 9, the pilots are planning to discontinue service flights on the near and medium distances, reports Deutsche Welle.   As reported, on Monday, Cockpit...

The world's leading mining and trading company Glencore Plc announced on Monday an ambitious plan to reduce its debt by a third. Termination of payment of dividends, the additional issue of $ 2.5 billion and the sale of assets of $ 2 billion should reduce the debt by approximately $ 10.2 billion. The world's leading raw material producers and traders - Swiss Glencore Plc - published on Monday a...

Japanese company Toshiba may report a loss of about $ 83 million (10 billion yen) in its reporting on the results of 2014-2015 fiscal year, according to local newspaper Yomiuri, citing its own sources. After the scandal with the reporting, Toshiba was assumed that the company reported losses, but its possible size became known only recently. There is a likelihood that Toshiba will not be able to...

China's largest online retailer - the company Alibaba - launched streaming video service. So far, Netflix’s competitor is available only in China via TV operating system for smart TV. The project is called Tmall Box Office and provides access to both Chinese shows and movies, as well as to foreign video content. The subscription fee costs about $ 6.10 per month. The first plans for the launch...

Barclays has become the first major British bank to accept Bitcoins. For now, the scope of their use will be limited by donations transfer to charitable organizations, but in the future Bitcoin is expected to be used as a tool to change the entire financial system. Barclays has become the first bank in the UK, which began to take Bitcoins as payment. According to The Times, the bank has long...

The division of the German insurance company Allianz, invests in infrastructure projects, is interested in buying a French airport “Nice Cote d'Azur”, as well as the fifth largest airport in the British capital “City of London”, the agency said Bloomberg referring to informed sources. According to sources, Allianz Capital Partners, together its potential investors, owns funds sufficient for the...

The Federal Court in Los Angeles received a claim from residents of the State of California, accusing Nestle in use sea products from Thailand, which was caught with slave labor. This was reported Bloomberg. Several buyers of cat food Fancy Feast filed a lawsuit against the company. In their statement, they say that they would not buy this food if they knew about the use of slave labor in the...