Grain Leader Cargill Buys Salmon Market Leader EWOS for $1.5B
Cargill agrees to buy EWOS in a deal that would also make the grain market provider a leader in aquaculture business.
Aug 18, 2015 6:53 AM EDT
Puerto Rico responds to fiscal crisis with a regressive tax that could hurt country's bottom line, poor people
Puerto Rico is increasing its sales tax to 11.5% from 7% on July in a bid to address its fiscal problems. This is considered a regressive move that could ultimately hurt the country’s bottom line and its countless poor people.
America Movil to cut roaming charges to prevent AT&T from stealing market shares in Mexico
As AT&T moves to Mexico, America Movil announced that it would eliminate its roaming charges to prevent its rival from stealing the market share in their home turf.
World stocks mostly higher on steady Yuan, Greece expected bailout
Most of the world stock markets were higher last Monday due to the steady Yuan and the expected bailout of Greece.
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New York Manufacturing Index shrinks to -14.92 level; its lowest since 2009
A New York Federal Reserve survey reveals that manufacturing activity in the state has dropped to the lowest point since 2009.
Aug 18, 2015 4:50 AM EDT
BP faces over $28 million fine as FERC judge upheld price rigging charges
FERC issued a Show Cause Order to BP for the $28 million fine over price rigging charges in 2008. This is the latest among a series of multi-million cases against BP.
Aug 18, 2015 4:47 AM EDT
Inside the Billion Dollar Startup Club: Top 5 Fastest Unicorns in the World Today
It takes a lot of hard work for a company to reach $1 billion valuation. But some are faster than the rest. Here are 5 of them who reached the unicorn status in the shortest time.
Aug 18, 2015 1:43 AM EDT
India recruits private sector executives to head state bank reforms
The Indian government recruited executives from the private sector to lead two of the biggest state-owned banks, making it the first such appointments in a wide-range reform strategy to challenge the dominant but often inefficient lenders backed by the government.
Aug 17, 2015 11:32 PM EDT
Financial Struggle: Fidel Castro shares his biggest regrets
Former Cuban president and revolutionary Fidel Castro made startling admissions to Citigroup executive Bill Rhodes, who said that the Latin American leader regretted kicking out the IMF from the country and assigning Che Guevara as the chief of the Cuban central bank.
Aug 17, 2015 11:26 PM EDT
Remember the 3 Cs to get the best business loan term possible
There are three Cs you must consider when applying for a business loan. These are the Credit Score, Cash Flow, and the Collateral.
Aug 17, 2015 11:03 PM EDT
Clash of Kings Reaches 65M Downloads in Just a Year
The game Clash of Kings reaches more than 65 million downloads in one year. To celebrate this important milestone, Elex is releasing an important update that also contains gifts for the players.
Aug 17, 2015 10:53 PM EDT
Star Wars Galaxy will soon land in Disney theme parks
Disney announces plans to add their biggest themed parks to date. Guests will be transported to a whole new Star Wars world.
Aug 17, 2015 9:26 AM EDT
President Obama shares his choice of songs on Spotify summer playlist
President Obama had listed his favorite songs on The President's Summer Playlist, available on Spotify. Along with the playlist, CNBC reported that President Obama had also released his summer reading list on a two-week family vacation in Martha's Vineyard.
Aug 17, 2015 9:22 AM EDT
London SMEs have more money in the bank than the national average
Hampshire Trust Bank found out in their research that London’s SMEs have an average bank savings worth £500,000, which is an amount nearly twice the national average.
Aug 17, 2015 9:20 AM EDT
Phone Home: Russian billionaire commits $100 Million in search for intelligent alien life
Russian billionaire Yuri Milner committed $100 million to a project called Breakthrough Listen, which is the most comprehensive search for intelligent life form in the universe.
Aug 17, 2015 9:13 AM EDT
Forensic science group LGC up for sale at £700m, owner Bridgepoint expects huge returns
LGC, the forensic science service provider that has been helping police solve crime is now up for grabs at £700 million by its private equity firm owner, Bridgepoint.
Aug 17, 2015 9:10 AM EDT
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