Result Page 134 for Archives

Qatar National Bank announced to buy Turkey's Finansbank for $2.95 Billion

Qatar National Bank signed an agreement with the National Bank of Greece to buy 99.81 percent stake in Turkey's Finansbank for 2.7 billion euros. Previously in 2006, National Bank of Greece purchased Finansbank worth $5 billion, which was Turkey's biggest-ever banking deal. The closing of the transaction was approved by the board of directors of both banks and the General Council of the Hellenic Financial Stability Fund.

Dec 24, 2015 5:31 AM EST

News

Colombian Narco Submarine With 3 Tons of Coccaine Was Caught

A narco submarine was caught off the islands of Galapagos. The submarine was bound to U.S., carrying 3 tons of coccaine.

News

Android 6.0 Marshmallow Brings New, Helpful Features to the Android OS

Google's new updated OS, Marshmallow will allow its users plenty of new features and extended functionality.

News

Shopify gifts employees with $1,000 in holiday bonus

Shopify had a great year in 2015. The company decided to give its employees $1,000 worth of holiday bonus that they can spend in Shopify.

SpaceX Falcon 9 Rocket Makes it to Space and Back for the First Time

SpaceX's Falcon 9 rocket was able to successfully launch, deploy its payload and land. This is the first successful landing for SpaceX.

Dec 23, 2015 9:59 PM EST

US holiday travelers save big on cheaper gasoline - oil price watchdog

The average US gasoline price per gallon is hovering below $2. The US holiday travelers are expected to save $1.6 billion on gasoline this year. The US gasoline price eased to lowest since 2008.

Dec 23, 2015 10:11 AM EST

ConocoPhillips exits Russia

After 23 years of doing business in Russia, ConocoPhillips has withdrawn from the country. It has confirmed the sale of 50 percent stake in Polar Lights, a joint venture with Russian government-owned Rosneft. Western sanctions on Russia are also impacting the oil and gas industry amid lower oil prices.

Dec 23, 2015 9:54 AM EST

McLaren 675 Spyder sold out within 2 weeks

The all new 500 units of McLaren 675 Spyder have now been sold, just two weeks after the car was first revealed. The $350,000 car is expected to be delivered to its buyer by the beginning of summer 2016.

Dec 23, 2015 9:52 AM EST

Donald Trump's big tax cuts to dent Federal revenues

Tax Policy Centre came out with its latest analysis report on the Republican Presidential candidate Donald Trump's tax plan and its impact. The report reveals that it would impact the Federal revenues. It has stated that Trump's tax cut plan would benefit rich people than middle-income groups.

Dec 23, 2015 9:49 AM EST

Woolworths targets Chinese shoppers with new online store on Tmall Global site

Supermarket giant Woolworths is aiming to tap growing Chinese consumer demand for Australian products by setting up shop on Alibaba's Tmall Global. The embattled retailer took the move to defend its business after it found other retailers and individuals were selling its products through the Chinese site.

Dec 23, 2015 9:49 AM EST

The Batman v Superman Marketing Needs to Stop Pretending Lex Luthor Is a Real Person

The Batman v Superman movie has done a lot of marketing to show Lex Luthor is a real person. The movie character gives interview to media agencies, have his own websites and even provide free wifi to people. This type of viral marketing is has taken the situation to whole new level of strange.The Batman v Superman marketing needs to stop pretending Lex Luthor is a real person.

Dec 23, 2015 9:47 AM EST

Jeff Bezos tweets a snarky congrats to Elon Musk

On Monday night, Elon Musk and his company SpaceX made history by vertically landing the first stage of its Falcon 9 rocket after blasting off into orbital space - equivalent of launching a pencil over the Empire State Building and landing it in a shoebox back on the ground, in the words of one expert. It was an enormous victory, a moment of history and elation for Musk and his SpaceX engineers, Jeff Bezos, currently the chief of rival rocket-builder Blue Origin, reminded the world Blue Origin was already a member of the vertical-landing club

Dec 23, 2015 9:44 AM EST

Michigan declares state of emergency due to contaminated water system

A state of emergency has been declared in the City of Flint in Michigan after a new study found that the elevated blood lead levels in local children are related to the city's drinking water system. Drinking water in some areas of the city is still unsafe even now.

Dec 23, 2015 9:40 AM EST

Consumer spending pumps up US economy to 2% in Q3

Led by consumer spending, the US economy grew two percent in third quarter as against 3.9 percent in the second quarter. Government outlay and business investment supported the US economy during the quarter while household buying kept up the demand during the third quarter.

Dec 23, 2015 9:33 AM EST

Lower oil price forces Shell to abort Arctic oil project

Anglo-Dutch oil major Shell has finally abandoned its drilling operations in Alaska Arctic region citing reason of oil price drop. Shell has been facing several regulatory and climatic challenges in addition to protests from environmentalists. The oil price has been hovering at $40 a barrel throughout 2015.

Dec 23, 2015 9:29 AM EST

Spotify Wins Over Apple in Music Streaming Market

Spotify has solidified its spot as the winner of digital music battle over Apple music. The Swedish company is now leading the digital music streaming over Apple Music and other players like Rdio or Rhapsody.

Dec 22, 2015 11:25 PM EST