Result Page 128 for Archives

Valeant Pharmaceuticals Shares Plunges After SEC Investigation

Canadian pharmaceutical company shares dropped 18% on Monday, as the company admitted being under investigation by U.S. Securities and Exchange Commission.

Mar 01, 2016 8:42 AM EST

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Data Showed More Tech Workers Are Leaving Silicon Valley

Cities like Austin, Texas, and Seattle, and Seattle have become a new target for tech workers. They are areas in which the tech startups are increasing in large number.

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Puerto Rico Desperately Needs US Help to Handle Debt

Puerto Rico, the island territory of U.S. is in the crisis due to its surmounting debt. Governor Alejandro Garcia Padilla repeated the island's debt will lead to moratorium.

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Volkswagen Introduced Its New Luxury Sedan, Only for China Market

Volkswagen unveiled Phideon as its new luxury car today, ahead of Geneva International Motor Show. The successor of Phaeton will only be sold in China.

Palo Alto Networks, Splunk and Salesforce Drove Nasdaq Up

Following slow start of the year, tech companies began to come to life. As Palo Alto Networks, Splunk and Salesforce.com brought Nasdaq to soar 2% in the last five trading days.

Mar 01, 2016 8:37 AM EST

January gold purchases in India rises by 62%

Gold purchase in India increased 62% during the month of January. The government lifted the import duty on gold citing the growing prices in global market.

Mar 01, 2016 8:36 AM EST

The Sacramento Kings Collaborates with Local Investment Firm to Host NBA's First Tech Startup Contest

The Sacramento Kings announced a tech startup contest for local entrepreneurs. Supported by local investment firm Velocity Venture Capital, finalists will get an opportunity to pitch their ideas to judges and a chance to win a cash prize and consultation sessions with the Kings executives.

Mar 01, 2016 8:33 AM EST

Greece Recalls Its Ambassador in Austria Over Migrant Dispute

Greece recalled its ambassador from Austria, following Austria's decision to close its border for migrant. While majority of people are not satisfied with government's way in handling economic crisis.

Feb 29, 2016 9:35 AM EST

ChemChina Seeks $35 Loans to Complete Acquisition Transaction with Syngenta

Earlier this month, Chinese state-owned company ChemChina reached an acquisition deal of $43 billion with Swiss company Syngenta. After clearing regulation requirements in China, ChemChina is now seeking out loans of more than $35 billion from bankers to fund the purchase.

Feb 29, 2016 9:34 AM EST

Japan Finance Ministry Recruits Fashion Editor to Encourage Women to be More Involved in The Country's Economy

The Japan Finance Ministry is organizing a seminar for women covering the topics on the country’s fiscal policy. Women’s fashion magazine editor-in-chief Hiromi Sogo will serve as one of the six female speakers encouraging women to take a more active role in the country’s economy.

Feb 29, 2016 9:32 AM EST

SpaceX Aborted Its Third Attempt to Launch Falcon 9 Rocket Due to Technical Difficulties After a Delay

SpaceX aborts its third attempt to launch its Falcon 9 rocket, which is designed to land its booster on a platform, making spaceflight more affordable. The abrupt scrub, just seconds before the liftoff, was due to an unexpected delay that caused the fuel to fail.

Feb 29, 2016 9:30 AM EST

Lumber Liquidators Stock Dropped as Cancer Risk Arose

Following CDC announement of the risk of carcinogen in its product, the company's stock plunged since last week. Lumber Liquidators is trying hard to win back trust from customers and investors.

Feb 29, 2016 9:28 AM EST

US economy concludes 2015 on positive note

The US economy recorded better than expected performance during the fourth quarter enabling it to conclude 2015 on positive mode. Surpassing the forecast of 0.7 percent, the US economy grew one percent during September-October quarter in 2015 giving much leverage to the US government to tighten monetary policy.

Feb 29, 2016 9:27 AM EST

Future of Britain outside EU remains uncertain

Britain's exit from the European Union will have a negative impact on the economy of the country, according to officials. The UK prime minister pledges to negotiate a better agreement for the nation in the union.

Feb 29, 2016 9:25 AM EST

Ren Zhiqiang: Latest Victim of China’s Tougher Cyber Laws: Mulls For Further Toughening

China has been widely criticized for strict cyber laws. On Sunday, the communist government has mulled its legislative power to impose ban on accounts of former Chinese tycoon, Ren Zhiqiang. While around 40 Chinese journalists have been confined in jail as victims of tougher cyber laws, the communist government is going to enact further tougher laws on March 10.

Feb 29, 2016 9:24 AM EST

Mobile phone firm Telstra supports external funds to invest in Asia

Telstra is backing up external venture capital funds to seek investments in Asia. The company is focusing more on technology investment in Asia as it experiences a drop in the viability of internet services and phone calls.

Feb 29, 2016 9:22 AM EST