Pfizer has been shifting profits overseas longer than most think
Pfizer's plan to acquire Allergen is getting much criticisms since it would mean the giant drug company's headquarters and taxable profits to Ireland.
Nov 19, 2015 6:52 AM EST
McDonald's in former Taiwanese leader's house in China Gained Controversy
McDonald's opened a McCafe franchise in the historic house of former Taiwanese leader Chiang Ching-kuo in Hangzhou, China that sparked controversy.
Hired Gun-Hacking Played Important Part In JP Morgan, Fidelity Breaches
U.S prosecutors this week charged two Israelis and an American fugitive with raking hundreds of millions of dollars.
Chevy Camaro named Motor Trend Magazine's Car of the Year
The Chevy Camaro is named as the Car of The Year, while the Chevy Colorado gets the Truck of the Year honors given by Motor Trend Magazine.
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Russia comes up with new strategies to stabilize crude output for the next two decades
Russia plans to stabilize its crude output by squeezing all the oil it can get from Soviet-era discoveries as sanctions and declining prices delay exploration projects.
Nov 19, 2015 4:30 AM EST
Indian Rupee dropped after Boost in Consumer Prices
India's rupee dropped 9 paise to 66.12 against US dollar Wednesday after reports of boost in consumer prices and the looming December fed rate hike.
Nov 19, 2015 4:21 AM EST
Fiat reintroduces the Spider Roadster to attract more customers
Fiat Chrysler Automobiles NV will reveal the new 2017 Fiat 124 Spider Wednesday at the Los Angeles Auto Show to increase sales.
Nov 19, 2015 4:11 AM EST
South African Inflation Rose to 4.7% in October
South African inflation in October rose to 4.7%, in line with the forecast. South Africa, the Africa's most developed country faces an increase in inflation rate to 4.
Nov 19, 2015 3:57 AM EST
Audi, Somerville working on infra supporting self-parking cars in 'two to three years'
Audi is working with Somerville, Massachusetts to develop an infrastructure with a technology that could support self-parking cars.
Nov 19, 2015 2:56 AM EST
Salesforce Q3 profit beats forecast
Salesforce has adjusted its third quarter profit that surpassed forecasts. Encouraed wtih improving operating margins, the cloud-based software maker has increased its forecast for the year ending January 2016. The increasing demand for cloud software is enhancing company's financial performance.
Nov 19, 2015 2:53 AM EST
IBM Watson Trend App forecasts trend products for holidays
IBM launched an app to predict trending products on holidays, called IBM Watson Trend App. The app helps the consumer to find out the hottest products for holiday gifts.
Nov 19, 2015 2:45 AM EST
Kurdistan bypasses Baghdad; looks to more buyers for oil
Kurdistan Regional Government (KRG) is bypassing Baghdad to continue oil exports independently. After waiting for its righteous share in budget allocations, KRG has decided to go ahead with oil exports on its own. It's taking several measures to avoid Baghdad's detection in oil exports.
Nov 19, 2015 2:00 AM EST
Construction scandal in Tokyo hits property sales
The data manipulation pertaining to piles' strength has been creating tremors in the Tokyo's apartment market. The ongoing probe into 546 projects is impacting the market as buyers prefer to wait and watch until total clarity emerges. Some developers have even postponed their apartment sales.
Nov 19, 2015 1:40 AM EST
Metals prices soften on slump in Chinese consumption; Zinc at 6-year low
The metals prices are dropping continuously owing to bleak demand in the China's market, the world's biggest consumer of metals. The metals prices fell to 2010 level low while zinc is trading at a six-year low. The slump in China's commodity market is also causing an oversupply.
Nov 19, 2015 1:27 AM EST
Clue is an app that tracks menstrual cycle and gives power to women
The health app Clue has been the world's fastest growing period tracker. The app now has 2 million users in over 180 countries.
Nov 19, 2015 1:23 AM EST
Android users’ loyalty fell after a new iPhone launched
Ericsson published a report of a research examining customer's loyalty to smartphone brands including iOS, Android, and Windows phones. The report showed that Android users have a higher loyalty than iPhone users until a new iPhone is launched.
Nov 19, 2015 1:13 AM EST
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