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Editorial Team


European Banks Set to Offload 100 billion Euro on Non-Core Loans

European bad banks are experiencing boom in their businesses.
Published on March 24, 2015
By Editorial Team

UK Construction Sector Facing Deceleration in Growth

House building output declined steeply indicating a slowdown in UK housing market.
Published on March 24, 2015
By Editorial Team

Co-founder of HTC, Cher Wang Appointed as CEO

Now when HTC is set to establish itself as the maker of smart devices, it is highly sensible to redefine its leadership too.
Published on March 24, 2015
By Editorial Team

‘Limited progress’ on Iran nuke inquiry, says IAEA

The International Atomic Energy Agency (IAEA) has had only โ€˜limited progressโ€™ in its inquiry into the alleged military dimensions of Iran’s nuclear activities, the agency’s chief said, days before a
Published on March 24, 2015
By Editorial Team

Panasonic to share royalty-free software for Internet Of Things development

Japanese electronics giant Panasonic Inc is pushing the envelope to make Internet Of Things (IoT) become a more visible reality. The company is in plans to provide its own software
Published on March 24, 2015
By Editorial Team

Nicolas Sarkozyโ€™s UMP Topped the First Round of French Departmental Elections

The National Front party suffered a surprising setback in French local elections.
Published on March 23, 2015
By Editorial Team

ChemChina to Acquire Italyโ€™s Leading Tire Manufacturer, Pirelli

The deal worth 7.1 billion euro is likely to bolster Italian tire makerโ€™s presence in Asia.
Published on March 23, 2015
By Editorial Team

Energy Giants – Raising Debts Amidst Oil price Collapse

The worldโ€™s top energy groups have raised large amount of debts this year.
Published on March 23, 2015
By Editorial Team

P&G Imposed Fine of $1 million In China โ€“ Claiming False Commercial

China's government alleged P&G's Crest for misleading commercials, which overemphasized the impact of using toothpaste.
Published on March 20, 2015
By Editorial Team

Gold Demand Likely to Pick up

The gold prices are set to a steady rise over the next years.
Published on March 20, 2015
By Editorial Team

Worldโ€™s Defence Market- Set to Grow

US topped the list of worldโ€™s largest exporter of weapons, while India took the lead in arms import.
Published on March 20, 2015
By Editorial Team

Tesla to release hands-free software update in Model S Sedans

Electric car manufacturer Tesla Motors Inc is planning to offer a new software upgrade in its Model S sedan which will essentially make the car run in autopilot mode, according
Published on March 20, 2015
By Editorial Team

OPEC to maintain production, says Kuwait Oil Minister

Kuwait, one of the prime members in the OPEC group has noted that it has no choice but to keep its market share and shun oil output costs. The statement
Published on March 20, 2015
By Editorial Team

Amazon gets approval to test drone delivery system

The Federal Aviation Administration (FAA) of the US has approved e-commerce giant Amazon Logistics to use drones for delivering customer orders in an experimental basis. This approval from the US
Published on March 20, 2015
By Editorial Team

UK Plans For Establishing Largest Marine Reserve

UK announced in 2015 budget for establishment of a vast marine area
Published on March 19, 2015
By Editorial Team

Japan Pushes Companies for Hike in Wages

Japanese large companies declared an increase in base wages.
Published on March 19, 2015
By Editorial Team

Ryanair To Offer Low-cost Transatlantic Flights

Europeโ€™s largest low-cost carrier floats the idea of expansion in highly profitable transatlantic market.
Published on March 19, 2015
By Editorial Team

Uber signs financing deal with Yongda in China

US-based mobile app ride-hailing service Uber Technologies has signed a deal with Chinese Yongda Automobiles Services Holdings to provide discount and financing for the car of Uber drivers. The Chinese
Published on March 19, 2015
By Editorial Team

Windows 10 to launch this summer

Following the news of the closure of Internet Explorer brand, US-based software company Microsoft has now announced its plans for the future, including the launch of Windows 10. The company,
Published on March 19, 2015
By Editorial Team

Indonesia growth interlinked with investment: World Bank

A new World Bank report has revealed that rapid growth in Indonesia will be strongly interlinked with investment growth in 2016. The March 2015 edition of the Indonesia Economic Quarterly
Published on March 19, 2015
By Editorial Team

Microsoft to axe Internet Explorer

US-based software company Microsoft Corporation has finally put the death knell on its web browser Internet explorer. With competition steering ahead of the erstwhile popular web browser, Microsoft has given
Published on March 18, 2015
By Editorial Team

Europe approves China-led Asian investment bank

China-led Asian investment bank has been garnering slow and steady support from western nations. Right after Britain showed support to the bank, Germany, France and Italy have also come to
Published on March 18, 2015
By Editorial Team

Kraft Food to recall 6.5 million Mac and Cheese packs

US-based food products and grocery Company Kraft Food has voluntarily recalled thousands of cases of its original-flavored macaroni and cheese in the US and other countries due to a concern
Published on March 18, 2015
By Editorial Team

Asian Stocks Soared to Multi-Year High Records

Tokyo and Shanghai stocks rallied on the back of Dollar weakness.
Published on March 17, 2015
By Editorial Team

Revolution in Energy Storage

Mars is expected to be the future source of power generation.
Published on March 17, 2015
By Editorial Team

Booming Greece Tourism

Promising Tourism Prospects in Greece Amidst Economic and Political tensions
Published on March 17, 2015
By Editorial Team

Adobe launches Document Cloud service

US-based software company Adobe has launched a new cloud-based service designed to help consumers and businesses manage, share, edit and work with digital documents more easily. The company has also
Published on March 17, 2015
By Editorial Team

BHP reveal next steps for its spin-off company

Australia-based worldโ€™s biggest mining company BHP Billiton has announced the next steps for its newest spin-off, South32, noting that much less debt would be shelved off to the company when
Published on March 17, 2015
By Editorial Team

Pinterest valued at $11 billion backed by recent funding

US-based online scrapbooking company Pinterest has raised around $367 million in a new round of financing from new and existing investors. This new move from the company has led to
Published on March 17, 2015
By Editorial Team

Russia Lowered Interest Rates โ€“ To Ease Struggling Economy

Key rate was lowered for the second time in an attempt to accelerate the economy.
Published on March 16, 2015
By Editorial Team

Iran Nuclear Deal Facing Obstacles

The nuclear deal between Iran and 6 major countries of the world is on its way to reach an agreement.
Published on March 16, 2015
By Editorial Team

US economy โ€“ Clouded with Uncertainty

The biggest question arises that why there is an apparent slowdown in the US consumer spending?
Published on March 16, 2015
By Editorial Team

Facebook acquires Thefind search engine

US-based social media company Facebook has acquired Thefind.com, a personalized shopping engine for customers to search for products on sale for an undisclosed sum. Thefind.com, founded in 2006 as Flatlens
Published on March 15, 2015
By Editorial Team

RBS to face trial in US over mortgage issues

The Royal Bank of Scotland is under trial in a case which is part of the Federal Housing Finance Agency’s (FHFA) litigious campaign in the US. The FHFA case, which
Published on March 15, 2015
By Editorial Team

French prosecutors seek trial in HSBC tax scandal

HSBCโ€™s Swiss arm which is maligned in a tax-dodging fraud case has to now face trial in the French court. The case is currently under investigation by a Public Account
Published on March 15, 2015
By Editorial Team

Apple Gained Top Spot from Samsung

Apple overtook Samsung in smartphone sales across the globe.
Published on March 13, 2015
By Editorial Team

Volkswagen to Attain Top Position in Global Automobile Industry

Volkswagen is expected to overtake Toyota and become the largest automaker worldwide in 2015.
Published on March 13, 2015
By Editorial Team

A Halt in Growth of Carbon Emission Worldwide

IEA says stall in carbon dioxide emission despite growth in worldwide economy in 2014.
Published on March 13, 2015
By Editorial Team

World Bank suspends operations in Yemen

According to the international agency, a review of the impact of recent political developments in the country has exposed the risk on its bank programs, thus culling the operations temporarily
Published on March 13, 2015
By Editorial Team

IMF forecasts 7.2 % growth for India

International Monetary Fund has raised its growth forecast for India in the current fiscal to 7.2 percent. The organization has lauded the country calling it as a bright spot in
Published on March 13, 2015
By Editorial Team

Alibaba invests $200 million in Snapchat

Chinese e-commerce group Alibaba Group Holding Ltd. has invested $200 million in US-based app company Snapchat Inc. The Chinese giant which went public last September with the worldโ€™s largest IPO
Published on March 13, 2015
By Editorial Team

Ukraine-A Turmoil in World Politics

The geopolitical tensions between Ukraine and Russia has sent ripple impacts across the globe.
Published on March 12, 2015
By Editorial Team

Profound Impact Of Strong US Dollars

Rising Dollar dampens US companyโ€™s sales and profits and increases US trade deficit.
Published on March 12, 2015
By Editorial Team

Wal-Mart Game Changing Move Against Rival Retailers

Wal-Mart has taken a remarkable step to increase wages for its 500,000 employees.
Published on March 12, 2015
By Editorial Team

UK Parliament bans branding in cigarettes

The British parliament has approved a legislation aiming to standardize cigarette branding in the country, which drew protests from the tobacco industry.
Published on March 12, 2015
By Editorial Team

Aldermore group puts a good show at IPO

Aldermore Group, the newest entrant in Britain's banking sector, has made a good stock market debut.
Published on March 12, 2015
By Editorial Team

Lawsuits Against Toyota, GM And Ford – Seek Damages Over Hacking Risks

A Senate report claims that automakers have not addressed security flaws.
Published on March 11, 2015
By Editorial Team

Obamacare โ€“ Hurting Tax Payers

About 6.4 million consumers purchase Obamacare health insurance in 2015.
Published on March 11, 2015
By Editorial Team

Tidjane Thiam Quits Prudential For Swiss Bank, Credit Suisse

CEO of Prudential, UKโ€™s biggest saving and investment group will take top job at Credit Suisse
Published on March 11, 2015
By Editorial Team

Solar Impulse 2 completes second leg of its world tour

Worldโ€™s first fuel-free airplane Solar Impulse completed its second leg of attempt to go around the world. The plane cruised for over 15 hours from Muscat to India crossing the
Published on March 11, 2015
By Editorial Team
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