Faulty component, inadequate crew response major factors for AirAsia A320 plane crash December last year
Indonesian officials said Tuesday that faulty rudder and inadequate response from the crew are the major reasons for the crash of the Indonesian AirAsia A320 on December 28 last year, killing 162 people on board.
Dec 02, 2015 5:02 AM EST
APEC summit expected to bring economic development to Philippines' Mindanao
The Apec Summit 2015 held in the Philippines is expected to boost economic activities in the country’s southern region of Mindanao.
Alibaba's stock decline despite acquisition spree is due to its traditional business strategy, says Forbes
China’s Alibaba has been acquiring companies for the past two years, but it is a wonder why its stock prices are continuously declining. Experts blame its strategy and China’s economic slowdown.
AT&T to increase grandfathered unlimited plans price to $35 from $30 on February 2016
AT&T increased the price for its unlimited data plans to $35 from $30 a month, the first hike since seven years.
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BlackBerry exits Pakistan to prevent government from accessing servers
BlackBerry Ltd. will exit Pakistan to avoid the country’s government demands of unfettered access to its secure enterprise service servers.
Dec 02, 2015 4:47 AM EST
Honda lifts retirement age to address Japan's aging demographics
Honda Motor Co. will lift its employees’ retirement age to 65, making it one of the biggest companies in Japan to address the nation’s aging demographics.
Dec 02, 2015 4:44 AM EST
Indian billionaire takes on India's top wireless carrier to enhance voice and data service
India’s Bharti Airtel Ltd will invest 600 billion rupees, or $8.98 billion, to protect market share as the country’s richest man, Mukesh Ambani, plans to invest $15 billion on cheaper 4G broadband network services.
Dec 02, 2015 4:40 AM EST
Kuwait Appoints New Oil Minister before meet with OPEC
Kuwait on Sunday appoints Anas al-Saleh, its oil minister with its current finance minister and deputy prime minister, replacing Ali Al-Omair, who is now minister of public affairs and is still current state minister for parliamentary affairs.
Dec 02, 2015 4:36 AM EST
Samsung launches web browser for Gear VR
Samsung launches beta version web browser for Gear VR called Samsung Internet for Gear VR. It supports 360 degree and 3D video streaming as well as HTML5 video. The app is available for download in Oculus store starting on Dec 2.
Dec 02, 2015 3:25 AM EST
Mark Zuckerberg gives 99% of his Facebook shares to charity
Mark Zuckerberg and his wife Dr. Priscilla Chan announced in an open letter to their new daughter, Maxima Chan Zuckerberg that they are donating 99 percent of Zuckerberg stocks in Facebook to charity. The donations will take place over their lifetime, and the exact worth of the shares will likely change.
Dec 02, 2015 3:24 AM EST
GazProm Halted Gas Supply to Ukraine Due to Non-Payment
GazProm CEO said that the Russian company has stopped its gas supply to Ukraine starting last Wednesday due to payment issue.
Dec 02, 2015 2:32 AM EST
Russia Started To Build The Largest Nuclear-Powered Data Center
Russia began the construction of its largest nuclear-powered data center. The first phase of data center will be opened in 2017.
Dec 02, 2015 2:22 AM EST
Greece Economy Decline More than Expected in Q3
Greece economy declines 0.9% in third quarter according to Elstad, the Hellenic Statistical Authority.
Dec 02, 2015 2:16 AM EST
Bugatti Chiron will debut next year at the Geneva Motor Show
Bugatti confirmed Monday that the new supercar will be called the Chiron, and will debut next year at the Geneva Motor Show.
Dec 02, 2015 2:02 AM EST
The Showrooming Trend: 50% Adult Engaged In Smartphone Shopping During Store Browsing
The holiday and festive shopping season are on full swing. Half of the adults are turning to online shopping through their smartphones or tablets to complete their gift-purchasing procedure. The latest report on showrooming trend shows how distinct the shopping styles of conventional and modern generations are.
Dec 02, 2015 1:53 AM EST
The ‘Dawn of Justice’ - The Extraordinary Epic Duel Of Batman v Superman
Are you a die-hard follower of superhero movies? The New Year will be charged up with the back to back superhero movie releases. ‘Batman v Superman: Dawn of Justice’ is one of the heavy-weight mega-budget among them that people are waiting eagerly for.
Dec 02, 2015 1:53 AM EST
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