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Aston Martin deciding new plant location in the US, UK, or Middle East to create female friendly sports SUV

Aston Martin could possibly open a manufacturing plant in four short listed locations including the US to manufacture 5,000 DBX.

Dec 10, 2015 4:46 AM EST


Facebook shuts down Creative Labs and removes apps from iOS, Google Play stores

Facebook killed its Creative Labs project along with the apps that division had created such as the Slingshot, Rooms, and Riff from iOS and Google Play app stores.

Dec 10, 2015 4:39 AM EST


Grocers haven't fulfilled promise to put up stores for places without supermarkets, says AP

Areas without supermarkets still have no ample number of stores despite promise to put up 1,500 grocery stores by 2016.

Dec 10, 2015 3:28 AM EST


Fed denies Staples' Office Depot acquisition

The U.S. Federal Trade Commission filed a lawsuit to deny Staples Inc's Office Depot Inc. acquisition; because the antitrust enforcers argue that the merger would increase prices and eliminate the rest of the competition.

Dec 10, 2015 3:18 AM EST


Emirates to fly A380 to Guangzhou

The world's largest long-haul airline Emirates Airlines is deploying A380 jumbo jets to Guangzhou. Emirates will be flying the world's largest jumbo jet with a seating capacity of 615 passengers. Guangzhou has strong business relations with African nations and the city is offering growing business potential. However, the expansion plans of several Chinese airlines will post tough competition to Emirates.

Dec 10, 2015 3:17 AM EST


Cyber security provider Blue Coat Systems plans to go public next year

Network security firm Blue Coat Systems Inc is planning an initial public offering, which may happen on the second quarter of 2016.

Dec 10, 2015 3:15 AM EST


Hyundai unveils the New Generation i20 WRC for the 2016 World Rally Championship

Hyundai is introducing its new rally car for the 2016 FIA WRC event at team's factory in Alzenau, Germany. The five-door body car is powered by a 1.6-litre turbo charged petrol engine with six-speed sequential gearbox.

Dec 10, 2015 3:13 AM EST


Chennai floods leave everyone in deep water

The recent floods devastated the living conditions for people in Chennai and its surrounding districts. The industrial and business hubs have been affected resulting in trillions of crores of rupees loss. Insurance companies have been flooded with claims indicating a decade high volume.

Dec 10, 2015 3:09 AM EST


Deutsche Bank Japan to pay penalty again for information leak

Deutsche Bank Japan branch is set to face a regulatory penalty once again; this time for leaking corporate information before an earnings release.

Dec 10, 2015 3:07 AM EST


HSBC to repackage global loan into bonds to increase profits

HSBC is repackaging its loans sold in Asia, Africa and the Middle East into bonds to increase its investment banking profits as pre-crisis regulations has made it more expensive to earn in the loan business.

Dec 10, 2015 3:03 AM EST


Valeant weighs to sell contact lens maker Paragon amid FTC investigations

Valeant is considering to sell its Paragon as the FTC is investigating the drug maker's monopoly in the gas permeable contact lens market. Valeant has been hiking prices the Paragon's products after the company acquired the contact lens manufacturer earlier this year.

Dec 10, 2015 3:00 AM EST


Chinese researchers developed first mind-controlled car

Chinese researchers have created the country's first ever mind-controlled car in the north-eastern port city of Tianjin.

Dec 10, 2015 2:58 AM EST