Result Page 257 for Archives

Oil traders stockpile at sea amid rising glut

The ever increasing surplus in oil production is boosting more demand for storage facility. The Contango opportunity is driving traders to store more oil on shore storage capacities. Many global oil companies and traders as well are booking tankers for next one year.

Sep 28, 2015 9:25 PM EDT

News

Gates Foundation sues Petrobras and Auditor for Fraud

The list of Petrobas’ problems just grew larger as The Bill and Melinda Gates Foundation recently joined the plaintiffs who are suing the company over its treachery and corruption.

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Mark Zuckerberg speaks at UN: Internet access can eradicate extreme poverty

Mark Zuckerberg says connecting the world to the internet will alleviate poverty. Facebook Founder Mark Zuckerberg recently spoke at UN and says there is more that can be done that's why he and Microsoft founder Bill Gates, along with Wikipedia founder Jimmy Wales, and U2 front man Bono rallied to eradicate poverty by bringing internet access all over the world.

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VW scandal exposes cozy ties with Berlin

The 413 billion euros could be the reason why there is a strong tie between Berlin and the German automobile industry.

Australia's Vocus to acquire its rival M2 Group for A$1.93B

Vocus Communications agreed to buy the M2 Group for A$1.93B. The merging will make them the fourth largest telecom company in Australia and third in New Zealand.

Sep 28, 2015 9:41 AM EDT

BlackBerry Priv is now official - here's how it compares to iPhone

BlackBerry just launched Priv, it’s very first Android phone that has specs that come close to the latest series of iPhones.

Sep 28, 2015 9:16 AM EDT

From an iPhone to a Tesla car, how much energy do these devices really use?

Everything that consumes electricity costs money. Exactly how much it is has recently been filed into one report.

Sep 28, 2015 8:57 AM EDT

Giant companies to combat climate change through renewable energy

Peole around the world is ignoring the harmful effects of climate change may bring. And now that we are experiencing its wrath, countries and companies pledged to use renewable energy to fight climate change hoping it's not too late.

Sep 28, 2015 8:41 AM EDT

Bank of America sees signs of recovery in Russian economy

Russian economy is poised for a marginal recovery, predicts Bank of America. The corporate firms posted 43 percent growth in profits for the first half of 2015. The rise in proficts will translate into capital investments in the near future, say economists.

Sep 28, 2015 5:16 AM EDT

New H&M stores to open in China

Despite China's market slowdown, still investors take the risks to open business such as H&M. The clothing company will spread its brand awareness among Chinese consumers with hopes that it will be successful.

Sep 28, 2015 4:39 AM EDT

Volkswagen new CEO to steer German auto maker on the right track

Reacting first time on the emission results rigging scandal after assuming the new position, Matthias Müller, the new CEO of trouble-hit Volkswagen, has assured investors and customers that such misconduct will never happen again.

Sep 28, 2015 4:35 AM EDT

Coca-Cola disposes off nine U.S. bottling plants as new supply system arises

Coca-Cola Co. is planing to sell its nine US-based production facilities as part of the plan that could cut the costs and modernized operations.

Sep 28, 2015 4:33 AM EDT

Google to install high-speed public Wi-Fi on 400 railway stations in India

Sundar Pichai announced Google will put up a public Wi-Fi to 400 train stations in India. It would be the largest public Wi-Fi in the country with the number of users. The project is part of Google's Project Loon.

Sep 28, 2015 1:39 AM EDT

IBM's Watson supercomputer is coming to Silicon Valley

IBM is building a new hub in Silicon Valley for its supercomputer Watson to lure start-ups and data scientists into using its cognitive computing platform. The innovation center is expected to open middle of next year.

Sep 28, 2015 1:37 AM EDT

StoreDot could fully charge your phone in just a minute

StoreDot, a startup company in Israel, had invented a charger that would fully energized phone batteries in one minute.

Sep 27, 2015 9:56 PM EDT

Ace Limited Offers Cyber Security Protection Worth up to $100 million

Ace Limited company announces that the company is entering into cyber security sector due to an increasing number of cases happening in the United States alone. However, customers are required to undergo a reviewing process first before they can buy the policy.

Sep 27, 2015 9:51 PM EDT